Nakoda Group of Industries Limited IPO

Nakoda Group of Industries Limited

Issue Open

May 23, 2018

Price Band

₹ 35

Issue Size

₹ 6.48 Cr

Credit of Shares to Demat

-

Issue Close

May 29, 2018

Bid Lot

4000

Listing Exchange

BSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

4000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Jun 06, 2018

Refunds

-

About the company:

Nakoda group of Industries limited is a Nagpur based company engaged in manufacturing of bakery products. In 2016, the company acquired the navkar processors the sole proprietorship of pravin chaudary.
The company has around 16 employees to manage operations and administrative work

Date of establishment: The company was incorporated in 2013 in Nagpur

Promoters of Nakoda group of Industries Limited: Pravin Chaudary and Jayesh Chaudary are the promoters of the company

Products and services offered: The company manufactures tutti fruity, the company is engaged in processing of almonds and trading of sesame seeds, clove, cut peel murabba, karonda, daalchini and toor daal

Customer segments: Company has presence in both domestic as well as international locations. The company exports its products to europe, middle east and malaysia

Objective of the issue: The objects of the issue are-
-      Purchase of Plant and Machinery
-      Working Capital Requirement
-      General Corporate Purpose

Company Financials:

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)

--

 

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