(-1.50%), -218.45 The enhanced capacities will widen its manufacturing footprint enabling it to cater to the growing demand for its products. We are the manufacturer … Pursuant to the above transaction, the company will also indirectly acquire control of Red Rotopack Private Limited, which is a wholly owned subsidiary of the Investee Company (WHS). Prataap Snacks IPO receives spectacular response from investors: 47.39 times oversubscribed. In comparison, Prataap Snacks’ offer will … For Capital Market Magazine queries mail to : For Capital Market Online Products related queries mail to : For any other Capital Market Website related Queries mail to : To advertise on Capital Market Websites & Capital Market Fortnightly magazine mail to : Sensex 5min and Nifty 15min delayed as on, {{x.close_price| Prataap Snacks to list on bourses tomorrow 04 Oct, 2017, 01.04 PM IST The Rs 482-crore initial public offer (IPO) was oversubscribed 47.39 times during September 22-26. It is Indore, MP based company. For the best experience please go back to portrait mode. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date. Thereafter, the company on 4 October 2018 completed the acquisition of 76.88% of the share capital of Avadh from certain of its existing shareholders. FINANCIAL … During the year under review, the company commissioned plants to manufacture rings and namkeen in Indore. Prataap" or "the Company")for the financial year ended 31 st March 2019. The company has set up a fully automated manufacturing plant by its wholly owned subsidiary Pure n Sure Food Bites Pvt. The contract manufacturing facilities provide the additional advantage of being located in close proximity to the target markets ensuring optimal logistics and freight management.On 22 March 2018, Prataap Snacks informed the stock exchanges that at sales event held on 21 March 2018, the company celebrated achievement of Rs 1000 crore in annual turnover for the first time in its history. … Yellow Diamond Tweets by YellowDiamondIN Prataap Snacks Ltd. (PSL) is a key player in the organized snacks market, offering multiple variants of salty snacks under the Yellow Diamond brand as well as a range of sweet snacks recently launched … The products have been designed and targeted towards kids in the age group of 4-14. Prataap has also started new products like „Namkeens‟ and „Rings‟ in order to diversify into a wider range of products.In 2012, the business of Prakash Snacks Private Limited (Prakash) was purchased by Prataap, leading to a significant increase in scale of operations of Prataap.Prataap Snacks markets its product using brand name "Yellow Diamond". Its distribution network includes 235 super stockists and more than 3,500 distributors allowing it extensive reach across the country. Prataap Snacks … NEW DELHI: Joining the IPO bandwagon, Prataap Snacks, which sells products under Yellow Diamond brand, has filed the initial papers with Sebi for a public offer estimated to be worth over Rs 400 crore. Prataap Snacks Limited's operating revenues range is Over INR 500 cr for the financial year … Popular chatakedaar, tongue-tickling street snack across India, known as gol-gappa, paani-puri, puchka, patashe, phulki, gupchup etc. It has recently launched a range of sweet snacks … Prataap Snacks's Chairman & Executive Director is Arvind Mehta. Amit Kumat says Prataap Snacks started out by giving more value to consumers. Pratap became operational in January 2010 with manufacturing facility for potato chips, its pioneer product. PRATAAP SNACKS PRIVATE LIMITED is a food production company based out of KHASRA NO 378/2, NEMAWAR ROAD, NEAR MAKRAND HOUSE, INDORE, Madhya Pradesh, India. This company sell products under the brand name “Yellow Diamond”. Prataap Snacks Ltd. (PSL) is a leading Indian Snack Foods Company. During the year under review, Sequoia Capital made investment aggregating to Rs 62 crore in the company.In 2012, the company set up a new plant to manufacture potato chips in Indore. Prataap Snacks manufactures and sells snack foods under the Yellow Diamond brand name. PSL's products are present across 27 states in India and it is one of the fastest growing companies in the organised snacks industry.Headquartered in Indore, India; PSL operates 9 manufacturing facilities of which 3 facilities (Indore, Assam-1 and Assam-2) are owned and 6 facilities (located in Ahmedabad, Kolkata and Bangalore) are on contract manufacturing basis. The Madhya Pradesh-based snacks … Prataap Snacks Ltd. (PSL) is a leading Indian Snack Foods Company. Subsequently, it also diversified into „Puffs‟ and other extruded snacks … Its authorized share capital is Rs. During the year under review, the company acquired the snack foods business of its Group Company, Prakash Snacks Private Limited, pursuant to a business transfer agreement dated September 28, 2011. The company's products include extruded snacks, potato chips, pellet snacks, nachos, namkeens, and popcorns under … © 2020 Prataap Snacks Ltd. Sitemap; Contact; Terms of use; Privacy Policy Prataap Snacks Limited is an Indian Snack Food Company. He not only lost all his savings but also the respect of fellow businessmen in the Indore region. Pursuant to such arrangement, the company acquired the Yellow Diamond brand and the snack foods business under such brand. 378/1/4,Palda, IndoreMadhya PradeshIndia. The only redeeming feature was that he paid off all his creditors. PSL has a wide presence across the country that is equally spread in metro cities and urban clusters as well as in rural areas and Tier 2 and 3 cities and towns. (-1.50%). During the year under review, the company's plants at Indore for manufacturing potato chips and namkeen received ISO 22000:2005 certification.The company was converted into a public limited company and the name was changed to 'Prataap Snacks Limited' on September 19, 2016.In 2017, the company raised Rs 50 crore from pre-IPO placement of 5.33 lakh shares. (-1.50%), -746.22 401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. Amit Kumat is CEO/Managing Director at Prataap Snacks Pvt Ltd. See Amit Kumat's compensation, career history, education, & memberships. The company on August 22, 2018 has entered into a share purchase agreement and shareholders' agreement for the said transaction.Avadh Snacks Pvt Ltd, promoted by Mr. Rajesh Savani, Mr. Dilip Lolani and Mr. Neel Jagani is engaged in the manufacturing and selling of branded packaged snacks under brand name 'Avadh'. It has recently launched a range of sweet snacks under the distinctive Rich Feast brand. For over 10 years, PotatoPro is the proud online information provider of the global potato industry, with thousands of news articles, company descriptions, industry events and statistics.Now reaching close to a million people yearly, PotatoPro is also the ideal place to get your message out... No products listed on PotatoPro.com for Prataap Snacks Private Limited, No production facilities listed for Prataap Snacks Private Limited, No subsidiaries listed for Prataap Snacks Private Limited. Other executives include Amit Kumat, Managing Director & CEO; Apoorva Kumat, Co-Founder & President - Operations and 4 others. Its products are available at independent grocers and small retail stores in the lanes and by-lanes of its key markets and it is now building up its presence in supermarkets, hypermarkets and modern trade outlets.Prataap Snacks Limited was incorporated as a private limited company with the name 'Prataap Snacks Private Limited' on March 23, 2009 at Gwalior. But Prataap Snacks owes its origin more to Amit Kumat, its managing director. The IPO was a combination of fresh issue of Rs 200 crore and Offer for Sale of upto 30.05 lakh shares by the selling shareholders. So, when Frito-Lay was offering 22 grams in a Rs 5 pack, Prataap Snacks offered 30 grams for the same amount, which has … ⇓ Sequoia Capital to invest $30 million in Indore-based Prakash Snacks … Prataap Snacks Limited has ten directors - Haresh Ram Chawla, Vineet Kumar Kapila, and others. No brands listed for Prataap Snacks Private Limited, Khasra No. The first product under the new brand is Yum Pie', a three layered treat with sponge cake, flavoured jam and chocolate. Sequoia Capital made further investment of Rs 30 crore in the company in 2013.In 2014, the company commissioned a plant to manufacture rings, chulbule and pellets at Guwahati. Prataap Snacks Limited is a Public incorporated on 23 March 2009. This post will find out the Prataap Snacks … The product bouquet of PSL and Avadh are complementary and will create a balanced portfolio with a mix of regional and national flavours & variants across categories. Prataap Snacks Limited, formerly Prataap Snacks Private Limited, is engaged in processing, manufacturing and sale of various types of potato-based snacks, extruded snacks, … prataap snacks limited Our Company was incorporated as Prataap Snacks Private Limited on March 23, 2009 at Gwalior, Madhya Pradesh as a private limited company under the Companies Act, 1956. Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. The power of the database is harnessed by our fired-up reporters to generate interesting ideas. … The company considers this to be a significant milestone in its growth journey.The Board of Directors of Prataap Snacks (PSL) at its meeting held on 22 August 2018 considered and approved the scheme of amalgamation (scheme) for the merger of its wholly owned subsidiary Pure N Sure Foods Bites Private Limited. IPO Prataap Snacks oversubscribed by 2.17 times after day 2, with still a day to go, Indian Potato Chip maker Prataap Snacks plans IPO in two months. Kindly note www.capitalmarket.com does not send any mobile SMS, whatsapp or twitter messages. Prataap Snacks IPO is scheduled to open on 22 September, following the massive SBI Life Insurance public offer that aims to mobilize as much as INR8,400 crore. During the year under review, Sequoia Capital made additional investment of Rs 25 crore in the company. The Board of Directors of Prataap Snacks (PSL) at its meeting held on 22 August 2018 approved strategic investment in Avadh Snacks Private Limited (the Investee Company by (i) acquisition of 76.88% of the share capital of the Investee Company from its existing shareholders; and (ii) a subsequent equity investment of upto 3.12% of the share capital of the Investee Company, post completion of acquisition in (i) above. 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