Incorporated in 2011, Karnimata Cold Storage Ltd is engaged in the business of cold storage and trading of agricultural commodities currently specializing in potatoes. They have set up and made operational first cold storage unit in Medinipur District, West Bengal having an installed capacity of 1,81,000 quintals for preservation of potatoes.
Company provides cold storage facility to local farmers and traders on rental basis. There are around 70-80 cold storages operating in West Medinipur for storage of potato. The company has licensed storage capacity of 1,81,000 quintals which shall be increased by addition in the financial year 2013 – 14 by addition of further capacity for storage of 75,000 quintals of potatoes.
The promoters of the company are:
1. Mr. Pradip Lodha;
2. Mrs. Sushila Lodha;
3. Mrs. Asha Ladia;
4. M/s. Pratyush Mercantile Pvt Ltd; and
5. SRG Trading Pvt Ltd.
The Object of the Issue is to raise funds to:
1. Augment our capital base for providing of Seasonal Loans to farmers/traders;
2. Meet Issue related Expenses;
3. Fund General Corporate Purpose.
| Issue Open | Feb 25, 2014 - Mar 3, 2014 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 1,518,000 Eq Shares of Rs 10 (aggregating up to Rs 3.04 Cr) |
| Face Value | Rs 10 Per Equity Share |
| Issue Price | Rs 20 Per Equity Share |
| Market Lot | 6000 Shares |
| Min Order Quantity | 6000 Shares |
| Listing At | BSE SME |
| Listing Date | Tuesday, March 18, 2014 |
| BSE Script Code | 537784 |
| NSE Symbol | |
| Listing In | MT |
| ISIN | INE576P01019 |
| Issue Price | Rs 20 Per Equity Share |
| Face Value | Rs 10 Per Equity Share |
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Karnimata Cold Storage Ltd
Village – Chekuasole,
P.O.–Jogerdanga, P.S.–Goaltore,
Dist–Paschim Medinipur, West Bengal.
Phone: +91 3227 218314
Email: karnimatacoldstorage@gmail.com
Website: http://www.karnimatacoldstorage.com
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