It has recently launched a range of sweet snacks under the distinctive Rich Feast brand. After working for a decade in a snacks company, Amit decided in 2001 to enter the chemicals manufacturing business. © 2020 Prataap Snacks Ltd. Sitemap; Contact; Terms of use; Privacy Policy Although Prataap Snacks has only four percent of the Indian snacks market, it is one of the largest brands in the Rs 20,000-crore snacks market. I realised that their reach in cities like Indore was not large and that was the genesis of the idea," says Amit. The vision of the founders is to take the company beyond the $500-million mark in under a decade. The Indian growth story has seen very few brands break out in the FMCG sector. 117,265,184. "In the value chain of manufacturing it is always great to create brands and India still has a long way to go to build domestic brands," says Harminder Sahni, CEO of Wazir Advisors, a retail consulting firm. Change of Company to LLP 309/1/1/2 GRAM PALDA NEMAWAR ROAD INDORE Indore MP 452020 IN, 15/2, ABHISHEK NAGAR NEMAWAR ROAD, PALDA INDORE Indore MP 452020 IN, 368/1/2, GRAM BADIYA KEEMA NEMAWAR ROAD INDORE Indore MP 452020 IN, HOUSE NO.146, RANI BAGH LIMBODI, KHANDWA ROAD INDORE Indore MP 452020 IN, SURVEY No.1,2/1/, PAKI, MUNDLANAYATA, NEMAVAR ROAD INDORE Indore MP 452020 IN, 332/4/2, R.D. By 2011, the company had created the Yellow Diamond brand, had a manufacturing plant of its own as well as a strong supply chain. UDYOG NAGAR PALDA, NEMAWAR ROAD, INDORE Indore MP 452020 IN, 354/1 354/2, MANGAL UDHYOG NAGAR PALDA, NEMAWAR ROAD INDORE Indore MP 452020 IN, Office no.A-403 18/2 Y.N .Road,Prakrati Corpora INDORE Indore MP 452020 IN. According to Devangshu, first, the enormous brand awareness enjoyed by Patanjali can be attributed to the very high visibility of Baba Ramdev across a variety of media and issues. 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KFintech Private Limited is the registrar for the IPO. on dated 22th September 2017 to 26 th September 2017 at price band of 930-938 per share of face value 5/- per share.. Prataap Snacks Limited was incorporated as Prataap Snacks Private Limited on March 23, 2009 at Gwalior as a private limited company under the Companies Act, … A valid e-mail address. In fiscal 2014, fiscal 2015 and fiscal 2016, the snack Chulbule represented 20.58 percent, 19.07 percent and 14.89 percent, respectively, of the company’s revenue for the respective periods. Promoters of Prataap Snacks – SCI Growth Investments II, Arvind Mehta, Amit Kumat, Apoorva Kumat, Rajesh Mehta, Naveen Mehta, Arun Mehta, Kanta Mehta, Rita Mehta, Premlata Kumat, Swati Bapna, Rakhi Kumat and Sandhya Kumat Browse Prataap Snacks stock discussion, ideas, questions and answers online at Moneycontrol.com. Founded in 2003 by brothers Amit Kumat and Apoorva Kumat along with their friend Arvind Mehta, Prataap Snacks is today a Rs 850-crore company with four factories across the country and a distribution network made up of 168 super stockists across 24 states and one Union Territory and 2,900 distributors. Between fiscal 2014 and fiscal 2016, revenues generated by namkeen increased at a CAGR of 29.16 percent from Rs 46.8 crore to Rs 79 crore. Prataap Snacks Limited is a Public incorporated on 23 March 2009. Thank you. 10.35 Prev. "They buy these snacks for the toys inside them and I end up snacking on them as well. Diamondyd financial results, Diamondyd shareholding, Diamondyd annual reports, Diamondyd pledge, Diamondyd insider trading and compare with peer companies. We are adding and updating information about hundreds of thousands of companies every day, and periodically add companies to the queue for being updated. Dubey said that Prataap Snacks stock is undervalued. Its authorized share capital is Rs. Key takeaways -Q1FY21 was a challenging quarter as Indore (where the company’s mother plant is located and which makes up for approximately 50% of overall capacity) was one of the cities with high number of cases.The company got permission to resume manufacturing … Soon, another company, Prataap Snacks was also incorporated in Indore in what was to turn out to be a Change of directors Prataap Snacks, owner of the ‘Yellow Diamond’ brand, has established a sizeable presence in the Indian Snacks industry over the past few years by capturing a reasonable share in the Extruded Snacks space through its product innovations, intelligent marketing campaign and But 2011 was also when Prataap Snacks wanted to change gears. Satisfaction of loans By 2006, Prataap Snacks expanded its business into Mumbai. It’s the Yellow Diamond salty snack rings that these kids are always after. Second, the company has been able to achieve a wider and deeper market penetration through a large network of outlets and distributors across the country. Changes in shareholding position of promoters and top ten shareholders. It is inolved in Manufacture of grain mill products, starches and starch products, and prepared animal feeds. It is going to do this with the four categories of snacks: rings, namkeens, extruded snacks, and chips. Prataap Snacks Ltd (PSL) is 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. Application for Conversion of Public Company into Private Company The company has turned down offers from a number of multinational companies to purchase their facilities. He not only lost all his savings but also the respect of fellow businessmen in the Indore region. But Prataap Snacks owes its origin more to Amit Kumat, its managing director. In fiscal 2014, fiscal 2015 and fiscal 2016, rings represented 25.77 percent, 31.81 percent and 46.36 percent, respectively, of the revenue from operations. After working for a decade in a snacks company, Amit decided in 2001 to enter the chemicals manufacturing business. Prataap Snacks (Headquartered in Indore, Madhya Pradesh) is a leading Snacks manufacturer in India.They are one of the top six Indian snack food companies in terms of revenues and among the fastest growing companies in the Indian organised snack market between 2010 and 2017.They are present in three major savoury snack food categories in India and all the products are sold under the … At the same time, he is clued into all aspects of his business, from knowing his top 30 distributors by name to tracking the performance of his brands. 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. Pursuant to a special resolution Arvind Mehta, Apoorva Kumat and Amit Kumat founded Prakash Snacks. Prataap Snacks up by 0.97% is trading at ₹ 690.15 today. The company is present in chips too. But Prataap Snacks owes its origin more to Amit Kumat, its managing director. Yellow Diamond Tweets by YellowDiamondIN Return of deposits The Company operates in the Snacks Food segment. Indian Snack manufacturer Prataap Snacks Private Limited (Prataap) is a part of the BCM Group. He exudes positivity, keeps cheerful all the time and has a deep interest in meditation and philosophy. In 2015, the organised chips market in India was estimated at Rs 6,201 crore. The only redeeming feature was that he paid off all his creditors. *Industry classification is derived from National Industrial Classification. Search for what you want, categories, tags, keywords, authors, events, anything under YourStory, Looking to earn that extra income through stock markets in 2021? The early setback in his entrepreneurial journey seems to have made Amit the man he is today. 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. From fiscal 2014 to fiscal 2016, the revenues generated by extruded snacks increased at a CAGR of 46.25 percent from Rs 233 crore to Rs 498 crore. The only redeeming feature was that he paid off all his creditors. Popular chatakedaar, tongue-tickling street snack across India, known as gol-gappa, paani-puri, puchka, patashe, phulki, gupchup etc. The business of snacking will be worth Rs 35,000 crore in India by 2020, according to research firm Euromonitor, and Amit Kumat wants at least 10 percent of that market. The issue is priced at ₹930 to ₹938 per equity share. The company has been gaining market share in the snack food market over the years. From fiscal 2014 to fiscal 2016, revenues generated by Chulbule increased at a CAGR of 10.88 percent from Rs 91 crore to Rs 113 crore. (higher is better) Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Directors of Prataap Snacks Limited are Apoorva Kumat, Chetan Kumar Mathur, Haresh Ram Chawla, Amit Kumar Kumat, Bharadwaj Thiruvenkata Venkatavaraghavan, Ravi Shankar Venkataraman Ganapathy Agra, Arvind Kumar Mehta, Vineet Kumar Kapila, Anisha Motwani,. Prataap Snacks posted total revenue of Rs 1,079.6 crore during the period April 2019 to December 2019. Prataap Snacks Limited, formerly Prataap Snacks Private Limited, is engaged in processing, manufacturing and sale of various types of potato-based snacks, extruded snacks, namkeen and ethnic sweets under the brand name, Yello w Diamond. Terms & Conditions contain important information about courts and cases covered, limitations of data and other important information. The e-mail address is not made public and will only be used if you wish to receive a new password or wish to receive certain news or notifications by e-mail. While New Delhi-headquartered Haldiram’s has grown into a Rs 4,000-crore food and snacks major, the Rajkot-headquartered Balaji Wafers boasts revenues of Rs 1,500 crore. He has two large food parks that are going to serve his 600-odd food retail stores across the country and will also supply food products to other retailers. Prataap Snacks has fixed a price band of Rs 930-938 per share. In the first year, the company made Rs 22 lakh, in the second Rs 1 crore, and in the third year, it touched Rs 7 crore. Amit has given proof of his doughtiness in the past and there is no reason to believe he would not stand up to the challenges of the future. The company was a market leader in rings in 2015. 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. 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