Prataap Snacks IPO
Prataap Snacks Limited (DIAMONDYD) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 05 October 2017.
Issue details
Listing day
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 10,28,363 | 7,90,72,320 | 76.9x | |
| NII (HNI) total | 7,67,147 | 7,75,98,285 | 101x | |
| Retail | 17,90,008 | 1,51,70,580 | 8.48x | |
| Employees | 42,000 | 63,195 | 1.50x | |
| Total | 36,27,518 | 17,19,04,380 | 47.4x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 8% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Prataap Snacks's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Shankara Building ProductsMar 2017 | 51.6x | 90.7x | 15.3x | 41.9x | ₹349 Cr | +20.7% | +38.3% |
| BSEJan 2017 | 48.6x | 159x | 6.48x | 51.2x | ₹1,243 Cr | +34.6% | +48.9% |
| Thyrocare TechnologiesApr 2016 | 73.2x | 225x | 8.73x | 73.5x | ₹479 Cr | +49.1% | +49.1% |
| RBL BankAug 2016 | 85.1x | 198x | 5.70x | 69.6x | ₹1,219 Cr | +21.9% | +35.8% |
| S Chand and CompanyApr 2017 | 44.3x | 205x | 6.07x | 59.5x | ₹737 Cr | +4.5% | +4.5% |
| AU Small Finance BankJun 2017 | 78.8x | 144x | 3.52x | 53.6x | ₹1,913 Cr | +48.0% | +52.8% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Edelweiss Financial Services | 16 | +25.0% | 69% |
| JM Financial Institutional Securities | 109 | +22.8% | 75% |
| Spark Capital Advisors (India) | — | — | — |
Offer documents (NSE)
Frequently asked
What is the Prataap Snacks IPO price band and lot size? ₹930–938 per share, with a lot of 15 shares, so the smallest retail bid is ₹14,070.
How many times has it been subscribed? 47.4x overall: QIB 76.9x, NII 101x, retail 8.48x, employees 1.50x.
How did it list? It opened at ₹1,270, +35.4% against the issue price of ₹938, and closed its first day +25.9%.