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Nakoda Group of Industries Limited Rights Issue (Nakoda Group of Industries Rights Issue 2022) Detail

Apr 18, 2022 - May 16, 2022
Nakoda Group of Industries Limited Logo

Nakoda Group of Industries Limited is a manufacturer of Tutti fruity and Canned & Dehydrated fruit cubes. The company also manufactures Karonda Cherries (Indian Cherries), Sweet lime peels, Orange Cut Peels, Sesame Seeds Hulled Auto dry, All Varieties of Jams, Sauces, Spices, Chikkis (Fruity Bars), Pickles, Papads, Canned Vegetables and Frozen Fruits & Vegetables. Nakoda Group is also engaged in processing Dry Fruits & Nuts which are imported from California and other Middle-east countries by the traders in Maharashtra.

The company has three existing Units in Nagpur i.e. Navkar Processors, Nakoda Fruit Products Pvt. Ltd., Parshva Food International and each unit has a production capacity of 8 to 10 MT.

Nakoda Group of Industries Rights Issue 2022 Detail

Issue Open Apr 18, 2022 - May 16, 2022
Security Name Nakoda Group of Industries Limited
Issue Size (Shares) 0.28 Crores
Issue Size (Amount) ₹33.40 Crores
Issue Price ₹120 per share
Face Value ₹10 per share
Minimum Lot size 1 per share
Market Lot 1 per share
Listing At BSE, NSE
Terms of Payment

Investors will have to pay the full amount of Rs 120 on the application.

Entitlement 1 Rights Equity Shares for every 4 fully paid-up Equity Shares held on the Record Date

Nakoda Group of Industries Rights Issue 2022 Issue Timetable

Bid/Offer Opens On Apr 18, 2022
Bid/Offer Closes On May 16, 2022
Record Date Apr 1, 2022
Deemed Date of Allotment May 12, 2022
Renunciation of Rights Entitlements Apr 27, 2022

Company Financials

Summary of financial Information
Particulars For the year/period ended (Rs in Millions)
  31-Mar-21 31-Mar-20
Total Assets 415.91 383.56
Total Revenue 308.82 256.02
Profit After Tax 11.96 0.252

Objects of the Issue:

The company proposes to utilize the Net Proceeds to:

  1. Repayment or prepayment, of all or a portion of certain outstanding borrowings including interest availed by the Company.
  2. To augment the existing and incremental working capital requirement of our company.
  3. General Corporate Purposes.

Rights Issue Notices

External Link

Issue Closing Date Extended

The Rights Issue closing date is extended from May 2, 2022 to May 16, 2022.

Nakoda Group of Industries Rights Issue 2022 Documents

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Company Contact Information

Nakoda Group of Industries Limited
239, Bagad Ganj,
Nagpur – 440 008,
Maharashtra,

Phone: 0712 2778824
Email: info@nakodas.com
Website: https://nakodas.com/

Nakoda Group of Industries Rights Issue 2022 Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Website: http://www.bigshareonline.com

Nakoda Group of Industries Rights Issue 2022 Lead Manager(s)


5 Comments

5. GAURAV KUMAR   I Like It. | Report Abuse |   Link | May 18, 2022 8:44:48 PM Reply
I have 100 RE what should I do?
Any option?
4. Mohd   I Like It. | Report Abuse |   Link | May 18, 2022 12:00:30 AM Reply
I have purchased 600 RE, who will pay my lost around 27000/INR.
Today withdraw my ASBA and from demat RE share.
Kindly advise me who will my amount.
3. Auto pursa   I Like It. | Report Abuse |   Link | May 16, 2022 4:30:17 PM Reply
Rights issue is withdrawn what about the purchased re?
3.1. dastagir   I Like It. | Report Abuse |   Link | May 17, 2022 10:21:35 PM
I have purchased 600 RE, who will pay my lost around 27000/INR.
Today withdraw my ASBA and from demat RE share.
Kindly advise me who will my amount.
2. Auto pursa   I Like It. | Report Abuse |   Link | May 15, 2022 11:41:07 AM Reply
i have purchased 2 entitlements. But when i tried to block my amount in canara bank asba the bank website shows the last day as 13th may.then i tried to fund with r wap ( in big share website it shows as b wap)in big share website which is not functioning properly.What should i do
1. Lignesh Gandhi   I Like It. | Report Abuse |   Link | May 12, 2022 10:38:55 AM Reply
Can we withdraw Rights application for Nakoda as price has tumbled and nothing left on the table. Issue will be closed on 16th May.