Prataap Snacks debuted at Rs 1250.00 on the BSE, up by 312 points or 33.26% from its issue price of Rs 938.
The scrip is currently trading at Rs 1271.70, up by 333.70 points or 35.58 % from its issue price. It has touched a high and low of Rs 1317.05 and Rs 1250.00 respectively. So far 7,62,000 shares were traded on the counter.
The offering, which was open for subscription between September 22 and September 26 was subscribed by 47.39 times. The issue price was fixed at Rs 938 per share i.e. at upper end of price band of Rs 930-938 apiece.
Prataap Snacks is Indore-based Indian Snack Food Company. It sells products under the brand name ‘Yellow Diamond’. The company is among the top 6 Indian organized snack market. It has a diversified product portfolio including traditional and western snacks.
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