Prataap Snacks Limited IPO Message Board (Page 26)

Pratap GMP is bogus no tred done at this price keep away from ipo very bad condition of market and high price

Avoid this IPO!!!

Hi kapsrulz , I would appreciate if you explain on what basis you said this
I have check your other post as well, total 5 post and in one you were asking to check
a) what is allotment time
b) where to check the allotment status
c) asking someone to check the status, with your PAN number, which you wrote incorrect
:) :) :)

issue’s valuation is rich at the upper end of the price band. It highlighted that the FY16 EPS yields a PE of 73 times. “FMCG companies commanding such high P/Es have a very strong profitability and returns profile such as Britannia,The company has to justify this valuation by showing remarkable improvement in profitability, which may come at the cost of lower growth.

I did a mistake of putting wrong Pan Numbr. BTW I am new in this market. From research that states AVOID this IPO.

Prataap Snacks has a price band of Rs 930-938 per share for its initial public offering (IPO), which is aggressive in light of the company''s profitability track record and its valuation vis-a-vis peers. While the company''s revenues have grown robustly, margin growth has not caught up. On the upper price band of Rs 938, the company''s P/E works out to 222.4x based on fully diluted FY17 EPS of Rs 4.2. this is very aggressive given the competition faced by the company and weak margins and return ratios.

Further, for an investor to earn 15% CAGR per year from issue price, the share price would have to be Rs 1,426 per share. This would require the company''s EPS to be at Rs 71 in the next three years assuming a normalised price to earnings multiple of 20x. That is in the next three years the EPS needs to grow by over 16x from Rs 4.2 in FY17. At the current juncture, do not believe the company has potential for such returns. The price is so high that even a 15% return looks way out of reach.

Hence, recommend subscribers to consider avoiding this issue.

Egaleye what to do...apply or avoid..??

Avoid pratap. Hopeless ipo, very costly. Bogus premium

Dinesh,
You are most welcome on listing day.

GMP 225-230

paji applied with full confidence?? or need to have an eye on subscription for withdrawn at last moment,asking because lot of negativity nd confusion around this ipo..though this happens in au bank to..pls advice

Harry paji apply with 50%..... means if u have 10 a/c apply in 5 only....This premium might be wiped out if market falls by another 300 points ....i have sold my all 17 appications at 3300 subjected to realisation....

Strictly an Avoid. Avoiced ICIC & SBI too.
All have started keeping high prices.

Hi Niket, I would appreciate if you explain on what basis you said this
and if you are checking IPOs then you must noticed that ICICI & SBI IPO apply dates were crossed.
so your message for them to avoid is useless.

Please add what is benificial for other ,not obselute/incorrect info

Hi Guys,

i have been asking this query on several post but i am unable to get any response please if anyone can clear my doubt it would be helpful



How SME IPO works?

i usually apply on mainline IPO and have never tried SMEs . My main question is these companies are not going to list on NSE then how we receive money or gain money ?

please can someone expalin ?


So for example Dixon it’s a mainline IPO and I applied it and I got it then I sold it with profit ...

Now for these SME Ipo how can I sell it ?
I am asking this question because I have checked previously listed SME companies example (Sagar Diamond) on bse and nse but unable to find these on any market so how one can trade on it ?
I wanted to apply on SME but unable to understand if I got it how to sell it ?

Please advice

many full service brokers such as icici, hdfc etc do not provide facility for direct trading through their sites. In most of these, you have to call their call centre(call and trade) and tell them to place order on behalf of you. i dont have knowledge regarding sharekhan but this faciliy is available with kotak.

Further at least try to read earlier posts regarding sme on chittogarh. Most of what you are asking has already been answered many times

Hi,

There is no separate SME exchange for these companies. These will list on NSE or BSE exchange only.

But did you check, minimum application price for these IPOs (for single lot) is from 1,30,000 to 1,50,000. SME''s more risky and require more capital allocation. You decide if it''s worth it ?

Grey market is evolving rapidly but it it is unofficial.

But, as mentioned above, there is no market platform for Grey market & one cannot identify a source or individual to deal in such markets as they are privately operated or at some secret places.

Another limitation of this market is that there is lack of trust, if you make profit & you might not receive it & claim anywhere as it is illegal, chances of fraud & manipulation of investors are seen at large because there is hardly any resolution system of investors

I recommend to stay away from grey market as it is beneficial only for big brokerage houses & underwriters & other market participants. Never enter the bluff game stay cautious & always be a healthy & fit & proper investor.....!

Happy investing

@Simsa ,u should not submit here this type of msg again.this board is specially cover the activity of gray market.

Pratap gmp 190-200

Oversubscribed on Day 2 with QIB almost 4 times and retail 2 times.
Good or bad company. But it is surely going to list above 10 - 20% minimum. If tomorrow more subscriptions escalate.

Apply????

Prataap Snacks Limited IPO day 2 @ 6pm
Over All Subscription 2.17X

Bhai Abhi market me correction aya hi or expiry bhi hi but jab uska listing hoga to market positive hoga. To listing gains jyada bhi mil sakta hi

mene 4 appliacation subject 2 me becha he agar ek me bhi alotment hotahe to 3000 milega apko kya lagtahe subject 2 me rakhu ya cancell kardu apne uper risk lelu

Dear Friends,

Don''t buy Dixon now. When you try to catch sliding ball, you will find yourself only at the bottom of slope. Same is true for capacite, matrimony...

You have to decide yourself whether to buy duplicate lays Prataap @ 938 (with face value 5) by comparing with other stocks like indusind bank @ 1798 (with face value of 10). 1 mango in hand is far better than 10 mangoes on the tree...

Happy investing

@simsa
You see correct to catching the sliding ball
one mango in hand better than 10 mangos on tree.
Very good calculation
Salaam to you

The views of Some are personal opinion. It needs be not accepted by others. PRATAAP snacks will list with hefty premium. Pl wait and see

Pratap Snacks Ltd. IPO
Subscription figures on day 2 @5pm:-

QIB - 3.9X
HNI/NII - 0.1X
RII - 2.1X
Employees - 0.55X
Total - 2.17X
Good subscription figure @day 2 in falling market conditions. Let''s see tomorrow.....

2 din me market positive ayega

2 din me market positive ayega

Please try to understand there is difference between ICICI lombard and prataap

Even if IC LOM lists at discount, there is chance that the stock will surely surpass the issue price in future...

but it cannot be said for prataap...it may not ever reach this price again in life

IC LOM is like nourishing child...you may think that you are spending on the child...but the child will support you in your old day (hoping child is good)

Prataap is like buying elephant...you may find it fancy to buy...but may not afford it after some time

Happy investing

GMP
ICICI (-12) (-10)
SBI (-3) (-2)
PRATAAP 210 - 220
GODREJ 95 - 100

Pratap gmp down fall tomorrow gmp 270 today 170 seller hi seller

If anyone interested in metropolitan stock exchange shares, HDB financial services, Tamilnad mercantile bank, Finopay Tech or any unlisted shares can contact at 9873789812

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