Prataap Snacks Ltd IPO

Closed

IPO Synopsis

Public issue of up to 5,137,966 equity shares of face value of Rs. 5 each (the equity shares) of Prataap Snacks Limited (the company) for Cash at a price of Rs. 938* per equity share (including a share premium of Rs. 933 per equity share) aggregating up to Rs. 481.56^ Crores (the issue) consisting of a fresh issue of 2,132,196^ equity shares aggregating up to Rs. 199.84^ Crores** and an offer for sale of up to 3,005,770 Equity shares including up to 369,451 equity shares by Sequoia Capital GFIV Mauritius Investments (SCG) and up to 94,266 equity shares by Sequoia Capital India Growth Investment Holdings I (SCI-GIH) (collectively referred to as the investor selling shareholders), up to 1,317,093 equity shares by sci growth investments ii (sci), up to 183,740 equity shares by Arvind Mehta, up to 139,200 equity shares by Naveen Mehta, up to 139,200 equity shares by arun mehta, up to 361,920 equity shares by Rajesh Mehta, up to 66,820 equity shares by Kanta mehta, up to 77,950 equity shares by Premlata Kumat, up to 22,270 equity shares by Swati Bapna, up to 116,930 equity shares by Apoorva Kumat and up to 116,930 equity shares by Amit Kumat (together, the promoter selling shareholders, and together with the investor selling Shareholders, the selling shareholders). The issue includes a reservation of up to 42,000 equity shares aggregating to Rs. 3.56 Crores For subscription by eligible employees (as defined herein) (employee reservation portion). The issue less employee reservation Portion is referred to as the net issue. The issue and the net issue will constitute 21.91% and 21.73% respectively, of the post issue paidup Equity share capital of the company. The face value of equity shares is Rs. 5 each. The offer price is Rs. 938 per equity share and is 187.60 times the face value of the equity shares. * employee discount of Rs. 90 per equity share to the issue price was offered to the eligible employees bidding in the employee reservation portion. **the company has undertaken a private placement of 533,000 equity shares for a cash consideration of Rs. 50 Crores (pre-ipo). The size of the fresh issue as disclosed in the draft red herring Prospectus dated june 21, 2017 being Rs. 250 Crores has been reduced accordingly. ^ subject to finalisation of the basis of allotment

How to Apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

    Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

    Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

    You will receive a mandate notification to block funds in your UPI app

  • You will receive a mandate notification to block funds in your UPI app

    You will receive a mandate notification to block funds in your UPI app

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Frequently Asked Questions

An Initial Public Offering OR IPO is the process of issuing stock for sale for the first time by a private corporation to the public. A company can issue its stock for sale for the first time to raise money by issuing either debt or equity. In case, the company chooses the equity route, the first such offering of equity shares to the public via listing of the shares in the stock markets is called an IPO.

 

This is one of the processes that has to do with the pricing of the IPO. An IPO can be made either through book building method, the fixed price method or a combination of both.

While in book building the price at which securities will be offered/allotted is not known in advance to the investor (investor is aware of an indicative price range only), in the fixed price process price at which the securities are offered/allotted is known in advance to the investor.

When it comes to an IPO, there are 4 types of investors who can bid, as per SEBI guidelines. They are –

  1. Qualified institutional investors (QIIs)
  2. Anchor investors
  3. Retail investors and
  4. High net-worth individuals (HNIs)/Non-institutional investors (NII).

 

IPO subscription period is the period of time during which investors can promise to purchase shares of a security to be issued as initial public offering (IPO).

Check: IPO Application Process

For details about the new IPO application process, click here.

To apply in an IPO with 5paisa:

  • Login to the 5paisa website or mobile trading app
  • Go to the Current IPOs section
  • Select the IPO you wish to apply for
  • Enter IPO details like price, quantity (lots) and your UPI ID
  • Check details and Confirm
  • Approve the UPI notification received on your phone (in BHIM App or your net banking app)

A Red Herring Prospectus, or offer document, is filed by a company to SEBI. This document is very useful to as it provides detailed information about the company’s business operations, financials, promoters and the company’s objective for raising funds.

Contact Details of Prataap Snacks Ltd IPO

Contact Information

Address

Khasra No 378/2 Nemawar Road,
Near Makrand House,
Indore, Madhya Pradesh 452020

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