The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The company incorporated its wholly owned subsidiary 'Pure N Sure Food Bites Private Limited' in 2011. Yellow Diamond Tweets by YellowDiamondIN ⇓ How Prakash Snacks Grew in India : Forbes India. 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. © 2020 Prataap Snacks Ltd. Sitemap; Contact; Terms of use; Privacy Policy Prataap Snacks Limited's operating revenues range is Over INR 500 cr for the financial year … This company sell products under the brand name “Yellow Diamond”. 378/1/4,Palda, IndoreMadhya PradeshIndia. In 2015, the company increased the capacity of chulbule and rings manufacturing plants in Indore.In the year 2016, the company commissioned a new plant to manufacture rings at Guwahati. Subsequently, it also diversified into „Puffs‟ and other extruded snacks during 2010-11. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. Prataap Snacks IPO receives spectacular response from investors: 47.39 times oversubscribed. Prataap became operational in January 2010 with manufacturing facility for potato chips. Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. The stock made its debut on the secondary equity market on 5 October 2017.On 26 December 2017, Prataap Snacks announced that it has entered the category of sweet snacks market through its wholly owned subsidiary with the launch of its new brand Rich Feast'. During the year under review, the company commissioned plants to manufacture rings and namkeen in Indore. Its distribution network includes 235 super stockists and more than 3,500 distributors allowing it extensive reach across the country. The company received ISO 22000:2005 certification to their Indore Plant for manufacturing extruded snacks in 2010. It is classified as Non-govt company and is registered at Registrar of Companies, Gwalior. Yum Pie is a 100% vegetarian product launched at an affordable price point of Rs 5. … FINANCIAL … 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. (-1.50%). 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. It offers multiple variants of products across categories of Potato Chips, Extruded Snacks, Namkeen (traditional Indian snacks) under the popular and vibrant Yellow Diamond brand. The acquisition will also lead to a significant synergy in distribution across Gujarat and neighbouring markets.The Board of Directors of Prataap Snacks at its meeting held on 1 October 2018 took note and approved the payment made towards the acquisition of 4.99 lakh equity shares from certain shareholders of Avadh Snacks Private Limited (Avadh) and fresh subscription of 1.01 lakh equity shares of Avadh by the company. Prataap Snacks Limited is a Public incorporated on 23 March 2009. 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. For the best experience please go back to portrait mode. It offers multiple variants of products across categories of Potato Chips, Extruded Snacks, Namkeen (traditional Indian snacks) under the popular and vibrant Yellow Diamond brand. … So, when Frito-Lay was offering 22 grams in a Rs 5 pack, Prataap Snacks offered 30 grams for the same amount, which has … During the year under review, Sequoia Capital made additional investment of Rs 12 crore in the company. Prataap Snacks was one of the top six Indian snack food companies in terms of revenues in 2016, and among the fastest growing companies in the Indian organised snack market between 2010 and 2016. 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". 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. The Company's products include extruded snacks, fried and sliced chips/crisps made from potatoes, hummus, lentils, and namkeen, a type of traditional savory Indian snack. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. It has recently launched a range of sweet snacks … Prataap Snacks … PSL has agreed to acquire 80% equity stake for a consideration of Rs 148 crore through a combination of primary & secondary investment. 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. The company has set up a fully automated manufacturing plant by its wholly owned subsidiary Pure n Sure Food Bites Pvt. 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. Popular chatakedaar, tongue-tickling street snack across India, known as gol-gappa, paani-puri, puchka, patashe, phulki, gupchup etc. Prataap Snacks Ltd. (PSL) is a leading Indian Snack Foods Company. Yum Pie is available in orange, strawberry and mixed fruit flavours.On 25 January 2018, Prataap Snacks announced that it has entered into a new contract for third party manufacturing at Ahmedabad, Gujarat, Bengaluru, Karnataka and Kolkata, West Bengal for producing potato chips. 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. During the year under review, Sequoia Capital made additional investment of Rs 25 crore in the company. The bloody Siege of Chittorgarh in 1567-1568 had led to the loss of the fertile eastern belt of Mewar to the Mughals.However, the rest of the wooded and hilly kingdom in the Aravalli range was still under the control of Pratap Singh. Amit Kumat says Prataap Snacks started out by giving more value to consumers. Prataap Snacks Limited manufactures and sells snack foods in India and internationally. Indian Snack manufacturer Prataap Snacks Private Limited (Prataap) is a part of the BCM Group.Prataap became operational in January 2010 with manufacturing facility for potato chips. Prataap Snacks view the company background of various companies, including their addresses, telephone numbers, fax numbers, industry and the details of their registrars namely their name, … Prataap Snacks Limited has ten directors - Haresh Ram Chawla, Vineet Kumar Kapila, and others. Prataap Snacks Ltd. (PSL) is a leading Indian Snack Foods Company. 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'. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date. Prataap Snacks's Chairman & Executive Director is Arvind Mehta. We are the manufacturer … The products have been designed and targeted towards kids in the age group of 4-14. 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. 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. 401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071. Indian Snack manufacturer Prataap Snacks Private Limited (Prataap) is a part of the BCM Group. Your Board of Directors ("Board") is pleased to present the 10 th Board's Report of Prataap Snacks Limited (Rs. 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| number:2}}, -746.22 The company's products include extruded snacks, potato chips, pellet snacks, nachos, namkeens, and popcorns under … It is Indore, MP based company. The first product under the new brand is Yum Pie', a three layered treat with sponge cake, flavoured jam and chocolate. While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. (-1.50%), -218.45 Pratap Snacks Private Limited is a part of the BCM Group. Its authorized share capital is Rs. Subsequently, it also diversified into „Puffs‟ and other extruded snacks … 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. Prataap" or "the Company")for the financial year ended 31 st March 2019. 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. Phone Number +917312437621 Prataap Snacks has a diversified product portfolio including traditional and western snacks. ⇓ Sequoia Capital to invest $30 million in Indore-based Prakash Snacks … 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. No brands listed for Prataap Snacks Private Limited, Khasra No. Pursuant to such arrangement, the company acquired the Yellow Diamond brand and the snack foods business under such brand. 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. In comparison, Prataap Snacks’ offer will … But Prataap Snacks owes its origin more to Amit Kumat, its managing director. 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. Other executives include Amit Kumat, Managing Director & CEO; Apoorva Kumat, Co-Founder & President - Operations and 4 others. 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 company came out with an initial public offer (IPO) during the period from 22 September 2017 to 26 September 2017. 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 an Indian Snack Food Company. Pratap became operational in January 2010 with manufacturing facility for potato chips, its pioneer product. He not only lost all his savings but also the respect of fellow businessmen in the Indore region. to manage the production of Yum-Pie. The only redeeming feature was that he paid off all his creditors. Amit Kumat is CEO/Managing Director at Prataap Snacks Pvt Ltd. See Amit Kumat's compensation, career history, education, & memberships. Prataap Snacks manufactures and sells snack foods under the Yellow Diamond brand name. 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. It offers multiple variants of products across categories of Potato Chips Extruded Snacks Namkeen (traditional Indian snacks) … The Madhya Pradesh-based snacks … 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. This post will find out the Prataap Snacks … (-1.50%), -218.45 Kindly note http://www.capitalmarket.com does not send any mobile SMS, whatsapp or twitter messages giving any kind of stock recommendations. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance. It has recently launched a range of sweet snacks under the distinctive Rich Feast brand. Subsequently, the company diversified into "Puffs" and other snacks … Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements. Prataap Snacks Ltd. (PSL) is a leading Indian Snack Foods Company. Ltd. in Indore (M.P.) But not someone to give up easily, in e… 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. ⇓ Taste and value: The key ingredients to Prataap Snacks' success Entrepreneur India. See the … After working for a decade in a snacks company, Amit decided in 2001 to enter the chemicals manufacturing business. 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). (-1.50%), -746.22 Kindly note www.capitalmarket.com does not send any mobile SMS, whatsapp or twitter messages. The enhanced capacities will widen its manufacturing footprint enabling it to cater to the growing demand for its products. 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. The Mughal emperor Akbar was intent on securing a stable route to Gujarat through Mewar; when Pratap Singh … In less than a year of starting the business, he piled up a debt of Rs 6 crore and had to shut down the venture. Company manufacture and sell it's snacks under three major savory snack food … … ; Apoorva Kumat, Co-Founder & President - Operations and 4 others of primary & secondary.... Pie ', a three layered treat with sponge cake, flavoured jam and.! Consideration of Rs 25 crore in the company acquired the Yellow Diamond by. 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