Nakoda Group of Industries Limited Rights Issue (Nakoda Group of Industries Rights Issue 2023) Detail

Incorporated in 1989, Nakoda Group of Industries Limited produces dryfruit-based healthy and natural products.

Nakoda Group of Industries manufacturers Tutti Fruity (Diced Chelory) also called "Papaya Preserve", Karonda Cherries (Indian Cherries), Sweet lime peels, Orange Cut Peels, Sesame Seeds Hulled Auto dry, All Variety of Jams, Sauces, Spices, Chikkis (Fruity Bars), Pickles, Papads, Canned Vegetables, and Frozen Fruits & Vegetables.

The company has three manufacturing units in Nagpur, namely Navkar Processors, Nakoda Fruit Products Pvt. Ltd., and Parshva Food International. Navkar Processors deals in Tutti Fruity, Cherries, Jams & Peels whereas Nakoda Fruit Products Pvt. Ltd. Deals in all varieties of papads, pickles, Chikkis (Fruit Bars), Spices, etc. and Parshva Food International deals in Canned Fruits & vegetables, Mango & Guava Pulps, Frozen Peas, Frozen Vegetables, Dehydrated vegetables etc. Each unit has a production capacity of 8 to 10 MT. per day.

Nakoda Group has around 80% export-oriented business and the rest is in the domestic market of India. Its clientele comes from Ice-Cream Factories, Bakeries, Sweets & Namkeens Factories, Airline Companies, Railway Catering & Indian Military. The company imports Almond In shell, Pistachios, Irani Dates, Irani Saffron, and Spices from china, Vietnam & Indonesia and sells in the domestic market as well as to its sister concerns for processing many other items through its imports business arm Parshvanath Overseas.