Prataap Snacks IPO Price Band at ₹ 930-938
Sequoia Capital-backed snacks maker Prataap Snacks has fixed the price band of its IPO at ₹ 930-938 per share. The IPO will open on September 22 and close on September 26. The IPO includes fresh issue of shares worth up to ₹ 200 crore and an offer for sale of up to 30 lakh shares by Sequoia Capital and some other promoters. The minimum bid is 15 shares and in multiples of 15 after that. The issue includes reservation of up to 42,000 shares for company’s employees, who will get a discount of ₹ 90 to the issue price. Edelweiss Financial Services, JM Financial and Spark Capital are bankers to the issue.