Nakoda Group of Industries IPO

Nakoda Group IPOBusiness 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 Dates23 - 29 May 2018
IPO Price bandINR35 per share
Fresh issue 1,852,000 shares (INR6.48 crore)
Offer for saleNil
Total IPO size1,852,000 shares (INR6.48 crore)
Minimum bid (lot size)4,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE 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)
FY2016FY2017
Total revenue-2,378.6
Total expenses0.22,307.0
Profit after tax-0.271.7
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
DaySubscription (no. of times)
Day 10.86
Day 20.88
Day 30.90
Day 41.04
Day 51.25
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 Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: 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)

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