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 Opening Date	May 23, 2018
IPO Closing Date	May 29, 2018
Issue Type	Fixed Price Issue IPO
Face Value	₹10 per equity share
IPO Price	₹35 per equity share
Market Lot	4000 Shares
Min Order Quantity	4000 Shares
Listing At	BSE SME
Issue Size	1,852,000 Eq Shares of ₹10 (aggregating up to ₹6.48 Cr)

Nakoda Group of Industries IPO Lot Size

The Nakoda Group of Industries IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹140,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	4000	₹140,000
Maximum	1	4000	₹140,000

Nakoda Group of Industries IPO Subscription Status (Bidding Detail)

The Nakoda Group of Industries IPO is subscribed 1.32x times on May 29, 2018 17:00. The public issue subscribed 0.74x in the retail category, in the QIB category, and 1.90x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
NII	1.90x
RII	0.74x
Total	1.32x

Nakoda Group of Industries IPO Prospectus

Nakoda Group of Industries IPO Rating

3.0

Rating:

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Nakoda Group of Industries IPO Listing Date

Listing Date	Wednesday, June 6, 2018
BSE Script Code	541418
NSE Symbol
Listing In	MT Group of Securities
ISIN	INE236Y01012
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

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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)

Pantomath Capital Advisors Pvt Ltd

Lead Manager Reports

Nakoda Group of Industries IPO FAQs

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 is priced at ₹35 per equity 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.
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.
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.
How to apply for Nakoda Group of Industries IPO?

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
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.
When is Nakoda Group of Industries IPO listing date?

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

Nakoda Group of Industries IPO Message Board

Ranked Members

12. anujsme |Jun 2, 2018 17:29

Fair price is 15 rs
dont look to buy any price above 15 rs is very expensive

11. Small Investor |May 31, 2018 17:48

IPO Guru (1400+ Posts, 700+ Likes)

ngada ngada ngada bn gya h Ye IPO

10. DownriteVJ |May 29, 2018 16:17

IPO Guru (1200+ Posts, 1100+ Likes)

Retail 0.7X
Overall 1.25X

9. RAJAKUMAR |May 23, 2018 12:11

IPO Guru (1400+ Posts, 1000+ 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 |May 25, 2018 00:13

IPO Guru (1400+ Posts, 1000+ Likes)

After poor listing of Innovators at bse. Now everybody think twice before apply any sme ipo listing at bse.

9.2. Rammurthy mohan |May 29, 2018 14:28

Sir any best upcoming ipo to apply. Any suggestion. Thanks

8. Rammurthy mohan |May 29, 2018 14:05

Can anybody suggest to apply or not please.

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

6. Anurag Verma |May 29, 2018 12:41

pls suggest should we apply or not ???

5. CAMANISH |May 29, 2018 11:40

Apply Or not

4. DownriteVJ |May 29, 2018 11:29

IPO Guru (1200+ Posts, 1100+ Likes)

Retail 0.35X
Overall 1.08X

3. Small Investor |May 24, 2018 14:02

IPO Guru (1400+ Posts, 700+ Likes)

keep awey from BSE sme Ipo

2. vgoel |May 20, 2018 10:13

Asking PE of 40, just based on 1 year performance. Clear avoid for me.

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.

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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