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Prataap Snacks IPO: Rs143.40 crore raised from anchor investors
Prataap Snacks Ltd which opens its initial public offering (IPO) on Friday raised Rs143.4 crore by allotting shares to institutional investors as part of its anchor book allocation. Shares were allocated to 15 institutional investors at Rs938 per share, the upper end of the IPO price band of Rs930-938. Prataap Snacks promoters and venture capital investor Sequoia Capital are collectively selling around 3 million shares in the share sale.
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