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Prataap Snacks on Wednesday celebrated reaching the ₹1,000-crore annual turnover mark for the first time. The company considers this to be a significant milestone. The edible chip maker’s ₹482-crore initial public offer had received strong response from investors, getting oversubscribed a whopping 47 times in October last year. The company had reported a profit of ₹12.48 crore on revenues of ₹262.05 crore in the December quarter. Investors will closely monitor the development.
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