Share the post "IPO Launch: Prataap Snacks’s OTB on 16-01-2025!"
An IPO, or Initial Public Offering, is the first sale of stock by a private company to the public, marking its entry into the stock market. This process helps the company raise funds for expansion and provides liquidity to existing shareholders. The IPO process includes setting a share price, marketing the offering, and complying with regulatory requirements to ensure transparency for potential investors. Prataap Snacks IPO of OTB type offers an equity issue (inclusive of premium) with a face value of ₹ 5.00. The issue is live from 16 Jan 2025 to 29 Jan 2025 , with a market lot of 1 shares. This call notice includes , covering ₹5.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | PRATAAP SNACKS LTD |
|---|---|
| Offer Price () | 865.66 |
| Face Value | 5.00 |
| Type Of Issue | OTB |
| Issue Status | Forthcoming |
| Scripname | PRATAAP SNACKS LTD |
| Security Type | Equity |
| Symbol | DIAMONDYD |
| Issue Type | Takeover |
| Issue Period | 16 Jan 2025 to 29 Jan 2025 |
| Tick Price | 0.01 |
| Market Lot | 1 |
| Book Size – No. Of Shares | 62,98,351 |
| Minimum Offer Quantity | 1 |
| Maximum Offer Quantity | 62,98,351 |
| Floor Price/Offer Price | 865.66 |
| Indicative Price | |
| Cummulative Bid Quantity | – |
| Name Of Acquirer(s)/Company | AUTHUM INVESTMENT & INFRASTRUCTURE LIMITED (hereinafter referred to as “Acquirer”) along with MS. MAHI MADHUSUDAN KELA (hereinafter referred to as “PAC”) |
| Buyer Member | JM Financial Limited |
| Book Running Lead Manager | JM Financial Limited |
| Registrar | MUFG Intime India Private Limited |
| Exchange Notices | 1) Opening of Offer to Buy – Acquisition Window (Takeover) of PRATAAP SNACKS LIMITED |
Prataap Snacks IPO opens on 16-01-2025, and closes on 29-01-2025
| Start Date | 16-01-2025 |
|---|---|
| End Date | 29-01-2025 |
| Issue Period | 16 Jan 2025 to 29 Jan 2025 |
Here are more informative data links:
