Business description – Nakoda Group of Industries 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 processing of almonds which are imported from California and other Middle East countries by the traders in Maharashtra. It is also engaged in trading of sesame seeds, clove, cutpeel murabba, karonda, daalchini and toor daal. The company’s manufacturing units is spread over 5900 Sq. Meter in aggregate located at KH. 83 Mouza Bidgaon, Kamptee, P.S.K No. 33, Survey No. 83, Nagpur. At Unit- I manufacturing of canned fruit cubes is carried out. Whereas processing of almonds is carried out at Unit II.
Promoters of Nakoda Group of Industries – Pravin Choudhary And Jayesh Choudhary
| Nakoda Group of Industries IPO details | |
| Subscription Dates | 23 – 29 May 2018 |
| IPO Price band | INR35 per share |
| Fresh issue | 1,852,000 shares (INR6.48 crore) |
| Offer for sale | Nil |
| Total IPO size | 1,852,000 shares (INR6.48 crore) |
| Minimum bid (lot size) | 4,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Use of funds
- Purchase of plant and machinery – INR1.56 crore
- Working capital requirements – INR3.92 crore
- General corporate purposes – INR0.50 crore
- Public issue expenses – INR0.50 crore
| Nakoda Group of Industries’ financial performance (in INR lakh) | ||||||
| FY2016 | FY2017 | |||||
| Total revenue | – | 2,378.6 | ||||
| Total expenses | 0.2 | 2,307.0 | ||||
| Profit after tax | -0.2 | 71.7 | ||||
Nakoda Group of Industries’ Contact Details
Nakoda Group of Industries Limited
239
Bagad Ganj
Nagpur 440008
Phone: +91 0712 2778824
Email: [email protected]
Website: www.nakodas.com
Nakoda Group of Industries IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.86 |
| Day 2 | 0.88 |
| Day 3 | 0.90 |
| Day 4 | 1.04 |
| Day 5 | 1.25 |
Nakoda Group of Industries Valuation (Latest FY)
Earnings Per Share (EPS): INR2.75
Price/Earnings (P/E) ratio: 12.73
Return on Net Worth (RONW): 8.50%
Net Asset Value (NAV): INR10.86 per share
Registrar of Nakoda Group of Industries IPO
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone:Â +91 22Â 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
Nakoda Group of Industries IPO Allotment Status
Nakoda Group of Industries IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of Nakoda Group of Industries
IPO Opening Date: 23 May 2018
IPO Closing Date: 29 May 2018
Listing Date: 6 June 2018
Listing Price on BSE SME: INR36 per share (up 2.86% from IPO price)
Closing Price on BSE SME: INR35.25 per share (up 0.71% from IPO price)
