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Open
23 May 2018
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Close
29 May 2018
3
Allotment
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Listing
Wed, Jun 6, 2018
Price Band
₹35 per share
Issue Size
18,52,000 shares (agg. up to ₹6 Cr)
Lot Size
4,000 Shares
Listing Date
Wed, Jun 6, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.24x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 34.15 | 27.85 | 0.58 | 0.02 |
| Total Income | 43.95 | 23.79 | ||
| Profit After Tax | 0.99 | 0.48 | -0.00 | |
| NET Worth | 6.48 | 5.48 | 0.01 | 0.01 |
| Reserves and Surplus | 1.48 | 0.48 | 0.00 | 0.00 |
| Total Borrowing | 20.81 | 15.57 | 0.56 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Jhandewalas Foods Ltd. | SME | ₹16.01 Cr | ₹55 | null | ₹66.00 | +20.00% | ₹24.00 (+0.54%) |
| Ashok Masala Mart Ltd. | SME | ₹2.01 Cr | ₹10 | null | ₹9.50 | -5.00% | ₹9.22 (-9.96%) |
| Prataap Snacks Ltd. | Mainboard | ₹481.60 Cr | ₹938 | null | ₹1,180.65 | +25.87% | ₹1,184.70 (-0.35%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 5.48 |
| 2 | General Corporate Purpose | 0.50 |
About Nakoda Group of Industries IPO
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 subsequentlythe 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.+ Read More
Contact Details
Nakoda Group of Industries Ltd. Address239, Bagad GanjNagpur, Maharashtra, 440008+91 0712 2778824info@nakodas.comVisit Website