Nakoda Group of Industries Limited IPO (Nakoda Group of Industries IPO) Detail

May 23, 2018 - May 29, 2018

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.

Company Promoters:

The promoters of the Company are Pravin Chaudary and Jayesh Chaudary. They hold, in aggregate 42,99,500 Equity Shares representing 85.99% of the pre-issue paid up Capital of the Company.

Company Financials:

Summary of financial Information (Restated)
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) --

Objects of the Issue:

The objects of the issue are-

1. Purchase of Plant and Machinery
2. Working Capital Requirement
3. General Corporate Purpose

Nakoda Group of Industries IPO Details

IPO DateMay 23, 2018 - May 29, 2018
Issue TypeFixed Price Issue IPO
Issue Size1,852,000 Eq Shares of ₹10
(aggregating up to ₹6.48 Cr)
Face Value₹10 Per Equity Share
IPO Price₹35 Per Equity Share
Market Lot4000 Shares
Min Order Quantity4000 Shares
Listing AtBSE SME

Nakoda Group of Industries IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum14000₹140,000
Maximum14000₹140,000

Nakoda Group of Industries IPO Subscription Status (Bidding Detail)

Nakoda Group of Industries IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

876,000

876,000

1,752,000

May 29, 2018 17:00

1.90x

0.74x

1.32x

Nakoda Group of Industries IPO Prospectus

Nakoda Group of Industries IPO Rating

36
3.0
Rating:Rated 3.0 stars

Vote Here ...

Nakoda Group of Industries IPO Listing Date

Listing DateWednesday, June 6, 2018
BSE Script Code541418
NSE Symbol
Listing InMT
ISININE236Y01012
IPO Price₹35 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹35.00
₹35.00
₹35.30
₹35.35
₹35.35
12,000

Nakoda Group of Industries IPO Reviews / Ratings

Company Contact Information

Nakoda Group of Industries Limited
239,
Bagad Ganj,
Nagpur 440008

Phone: +91 0712 2778824
Email: info@nakodas.com
Website: http://www.nakodas.com

Nakoda Group of Industries IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Nakoda Group of Industries IPO Lead Manager(s)

Nakoda Group of Industries IPO FAQs

  1. 1. What is Nakoda Group of Industries IPO?

    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 price of the IPO is ₹35 Per Equity Share. The minimum order quantity is 4000 Shares per application and the offer type is Fixed Price Issue.

    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.

  2. 2. When Nakoda Group of Industries IPO will open?

    The Nakoda Group of Industries IPO opens on May 23, 2018 and closes on May 29, 2018.

  3. 3. How to apply for Nakoda Group of Industries IPO?

    Nakoda Group of Industries IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Nakoda Group of Industries IPO allotment?

    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.

  5. 5. When is Nakoda Group of Industries IPO listing date?

    The Nakoda Group of Industries IPO listing date is on Wednesday, June 6, 2018, at BSE SME.
  6. 6. What is the lot size of Nakoda Group of Industries IPO?

    Nakoda Group of Industries IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.

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Nakoda Group of Industries IPO Review / Comments

anujsme
12. anujsme  Jun 2, 2018 17:29
Fair price is 15 rs
dont look to buy any price above 15 rs is very expensive
Small Investor
11. Small Investor  May 31, 2018 17:48
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
ngada ngada ngada bn gya h Ye IPO
DownriteVJ
10. DownriteVJ  May 29, 2018 16:17
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
Retail      0.7X
Overall      1.25X
RAJAKUMAR
9. RAJAKUMAR  May 23, 2018 12:11
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
Qib + Hni 1.6 times. It is also tough for allotment. Apply for listing gain. LM is Pantamoth for Vasu and this company. Without fear one can apply.
RAJAKUMAR
9.1. RAJAKUMAR  May 25, 2018 00:13
IPO Guru IPO Guru (1300+ Posts, 900+ Likes)
After poor listing of Innovators at bse. Now everybody think twice before apply any sme ipo listing at bse.
Rammurthy mohan
9.2. Rammurthy mohan  May 29, 2018 14:28
Sir any best upcoming ipo to apply. Any suggestion. Thanks
Rammurthy mohan
8. Rammurthy mohan  May 29, 2018 14:05
Can anybody suggest to apply or not please.
anujsme
7. anujsme  May 29, 2018 13:52
iska toh business hi samajh nahi aa raha hai


candy hai bahut risky . avoid karo. listing wale din neeche pe arram se mil jayega.
upar se bse listing
Anurag Verma
6. Anurag Verma  May 29, 2018 12:41
pls suggest should we apply or not ???
CAMANISH
5. CAMANISH  May 29, 2018 11:40
Apply Or not
DownriteVJ
4. DownriteVJ  May 29, 2018 11:29
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
Retail      0.35X
Overall      1.08X
Small Investor
3. Small Investor  May 24, 2018 14:02
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
keep awey from BSE sme Ipo
vgoel
2. vgoel  May 20, 2018 10:13
Asking PE of 40, just based on 1 year performance. Clear avoid for me.
sameerSing
2.1. sameerSing  May 20, 2018 12:54
Some figures still missing here, is yet to upload by chittorgarh, company has doubled up the turnover & profit in financial year 17-18 audited till 31st dec 2017. I hope they will rectify the same soon.
sameerSing
1. sameerSing  May 20, 2018 12:52
Some figures still missing here, is yet to upload by chittorgarh, company has doubled up the turnover & profit in financial year 17-18 audited till 31st dec 2018. I hope they will rectify the same soon.






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