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Nakoda Group of Industries IPO is a fixed price issue of Rs 6.48 crores.
Nakoda Group of Industries IPO bidding started from May 23, 2018 and ended on May 29, 2018. The shares got listed on BSE SME on June 6, 2018.
Nakoda Group of Industries IPO price is ₹35 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹140,000.
Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Nakoda Group of Industries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Nakoda Group of Industries IPO RHP for detailed information.
| IPO Date | May 23, 2018 to May 29, 2018 |
| Listing Date | June 6, 2018 |
| Face Value | ₹10 per share |
| Price | ₹35 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 1,852,000 shares (aggregating up to ₹6.48 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 100,000 shares |
Nakoda Group of Industries IPO offers 1,852,000 shares. 876,000 (47.30%) to NII, 876,000 (47.30%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 100,000 (5.40%) |
| Other Shares Offered | 876,000 (47.30%) |
| Retail Shares Offered | 876,000 (47.30%) | Other Shares Offered | 100,000 (5.40%) |
| Total Shares Offered | 1,852,000 (100%) |
Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹140,000 |
| Retail (Max) | 1 | 4000 | ₹140,000 |
| Lot Size Calculator | |||
Incorporated in the year 2013, Nagpur, Maharastra based Nakoda Group of Industries Limited is engaged in manufacturing of tutti fruity (Diced Chelory) also called as ?Papaya Preserve and canned fruit cubes which comes under the category of bakery products. The company is also engaged in the processing of almonds and trading of sesame seeds, clove, cut peel murabba, karonda, daalchini and toor daal.
As on March 2017, the company's revenue from almond processing consists of 45.93%, manufacturing of tutti fruity consists of 23.92% and from trading consist of 30.14%. Out of the total revenue generated from manufacturing of Tutti Fruity i.e. 553.58 lakhs, 61.36% is generated from Exporting to London, Malaysia, Dubai, Saudi Arab and 38.64% is from the domestic sale.
On 18 July 2016, Nakoda Group of Industries Limited took over the running business of M/s. Navkar Processors the sole proprietorship concern of the promoter Pravin Choudhary and subsequently
the business of this proprietorship concern was merged into the Company. The manufacturing units of the company is located in Nagpur.
The company has 16 employees at the Registered Office and Manufacturing Unit.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Dec-17 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
| Total Assets | 3,415.44 | 2,784.96 | 57.95 | 1.60 | 1.70 | |
| Total Revenue | 4,394.75 | 2,378.62 | -- | -- | -- | |
| Profit After Tax | 99.48 | 48.24 | -- | (0.12) | -- | |
The objects of the issue are-
1. Purchase of Plant and Machinery
2. Working Capital Requirement
3. General Corporate Purpose
[Dilip Davda]
Although company’s performance data is for just around two fiscals, considering its business in FMCG sector, investors may consider investment for long term.
Read detail review...The Nakoda Group of Industries IPO is subscribed 1.32 times on May 29, 2018 5:00:00 PM. The public issue subscribed 0.74 times in the retail category, times in the QIB category, and 1.90 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 1.90 |
| Retail | 0.74 |
| Total | 1.32 |
| Listing Date | June 6, 2018 |
| BSE Script Code | 541418 |
| NSE Symbol | NGIL |
| ISIN | INE236Y01012 |
| Final Issue Price | ₹35 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹35.00 |
| ₹35.00 |
| ₹35.30 |
| ₹35.35 |
| ₹35.35 |
Nakoda Group of Industries Limited
239,
Bagad Ganj,
Nagpur 440008
Phone: +91 0712 2778824
Email: info@nakodas.com
Website: http://www.nakodas.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Nakoda Group of Industries IPO is a SME IPO of 1,852,000 equity shares of the face value of ₹10 aggregating up to ₹6.48 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 4000 Shares.
The IPO opens on May 23, 2018, and closes on May 29, 2018.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Nakoda Group of Industries IPO opens on May 23, 2018 and closes on May 29, 2018.
Nakoda Group of Industries IPO lot size is 4000 Shares, and the minimum amount required is ₹140,000.
You can apply in Nakoda Group of Industries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Nakoda Group of Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Nakoda Group of Industries IPO allotment status.
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RHP
IPO Guru (2000+ Posts, 1000+ Likes)
anujsme| Link | Bookmark |June 2, 2018 5:29:04 PMdont look to buy any price above 15 rs is very expensive