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

May 23, 2018 - May 29, 2018

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.

Nakoda Group of Industries IPO Details

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 Size1,852,000 shares
(aggregating up to ₹6.48 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Market Maker portion100,000 shares

Nakoda Group of Industries IPO Reservation

Nakoda Group of Industries IPO offers 1,852,000 shares. 876,000 (47.30%) to NII, 876,000 (47.30%) to RII.

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Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered100,000 (5.40%)
Other Shares Offered876,000 (47.30%)
Retail Shares Offered876,000 (47.30%)
Other Shares Offered100,000 (5.40%)
Total Shares Offered1,852,000 (100%)

Nakoda Group of Industries IPO Lot Size

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

About Nakoda Group of Industries Limited

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 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 (Nakoda Group of Industries IPO Objectives)

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 Review (May apply)

[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...


Nakoda Group of Industries IPO Subscription Status (Bidding Detail)

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)

CategorySubscription (times)
Other1.90
Retail0.74
Total1.32

Nakoda Group of Industries IPO Prospectus

Nakoda Group of Industries IPO Rating

36
3.0
Rating:Rated 3.0 stars
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Nakoda Group of Industries IPO Listing Details

Listing Date June 6, 2018
BSE Script Code 541418
NSE Symbol NGIL
ISIN INE236Y01012
Final Issue Price ₹35 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹35.00
₹35.00
₹35.30
₹35.35
₹35.35

Check IPO Performance…

Nakoda Group of Industries Limited Contact Details

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

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Nakoda Group of Industries IPO - Buy or Not

Nakoda Group of Industries IPO Recommendation Summary

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Brokers 1 0 0
Members 0 0 0

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Nakoda Group of Industries IPO FAQs

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.

The Nakoda Group of Industries IPO listing date is on June 6, 2018.
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Nakoda Group of Industries IPO Message Board

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15 Comments

12. anujsme |   Link |  Bookmark |June 2, 2018 6:29:04 PM
Fair price is 15 rs
dont look to buy any price above 15 rs is very expensive
11. Small Investor |   Link |  Bookmark |May 31, 2018 6:48:55 PM
IPO Guru IPO Guru (1900+ Posts, 1000+ Likes)
ngada ngada ngada bn gya h Ye IPO
10. DownriteVJ |   Link |  Bookmark |May 29, 2018 5:17:29 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Retail      0.7X
Overall      1.25X
9. RAJAKUMAR |   Link |  Bookmark |May 23, 2018 1:11:57 PM (1400+ Posts, 1200+ 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.
9.1. RAJAKUMAR |   Link |  Bookmark |May 25, 2018 1:13:55 AM (1400+ Posts, 1200+ Likes)
After poor listing of Innovators at bse. Now everybody think twice before apply any sme ipo listing at bse.
9.2. Rammurthy mohan |   Link |  Bookmark |May 29, 2018 3:28:12 PM
Sir any best upcoming ipo to apply. Any suggestion. Thanks
8. Rammurthy mohan |   Link |  Bookmark |May 29, 2018 3:05:03 PM
Can anybody suggest to apply or not please.
7. anujsme |   Link |  Bookmark |May 29, 2018 2:52:15 PM
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
6. Anurag Verma |   Link |  Bookmark |May 29, 2018 1:41:37 PM
pls suggest should we apply or not ???
5. CAMANISH |   Link |  Bookmark |May 29, 2018 12:40:55 PM
Apply Or not
4. DownriteVJ |   Link |  Bookmark |May 29, 2018 12:29:10 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Retail      0.35X
Overall      1.08X
3. Small Investor |   Link |  Bookmark |May 24, 2018 3:02:31 PM
IPO Guru IPO Guru (1900+ Posts, 1000+ Likes)
keep awey from BSE sme Ipo
2. vgoel |   Link |  Bookmark |May 20, 2018 11:13:02 AM
Asking PE of 40, just based on 1 year performance. Clear avoid for me.
2.1. sameerSing |   Link |  Bookmark |May 20, 2018 1:54:13 PM
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.
1. sameerSing |   Link |  Bookmark |May 20, 2018 1:52:16 PM
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.