Prataap Snacks to list on bourses tomorrow
The Rs 482-crore initial public offer was oversubscribed 47.39 times during Sept 22-26
 "Prataap Snacks to list on bourses on October 5")
Prataap Snacks, whose initial share sale offer received robust investor demand last week, will list its shares on bourses tomorrow.
The Rs 482-crore initial public offer (IPO) was oversubscribed 47.39 times during September 22-26.
The qualified institutional buyers (QIBs) portion was oversubscribed 76.89 times, non-institutional investors 101.15 times and retail investors 8.48 times, according to NSE data.
Also Read
The issue was in a price band of Rs 930-938 per share.
The company, which makes products under the 'Yellow Diamond' brand, aims to use the proceeds to expand capacity, marketing and brand building activities and retire the debt on its books.
Edelweiss, JM Financial and Spark Capital were managing the issue.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Oct 04 2017 | 3:51 PM IST