The Nakoda Group Of Industries Limited date has been confirmed from June 13, 2024 – June 28, 2024.
Nakoda Group of Industries manufactures Tutti Fruity (diced chicory), also called “papaya jam”, Karonda cherries (Indian cherries), sweet lime peels, sliced orange peels, hulled sesame seeds, all kinds of jams, sauces, spices, chikkis (fruit bars), pickles, papads, canned vegetables and frozen fruits and vegetables. The Nakoda Group Of Industries Rights Issue 2024 opens on June 13, 2024, and closes on June 28, 2024.
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Key Details Of Nakoda Group Of Industries Limited
Bidding Dates
June 13 – 28
Issue Size
₹12.73 Crores
Face Value
₹10 per share
Record Date
May 30, 2024
Nakoda Group Of Industries Limited Record Date
The Nakoda Group Of Industries Limited Record Date is May 30, 2024.
IPO Overview
Founded in 1989, Nakoda Group of Industries Limited manufactures healthy and natural products based on dried fruits. Nakoda Group Of Industries Rights Issue 2024 price is set at ₹25 per share per equity share. The eligible shareholders are being offered 4 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date (May 30, 2024).
The issue size of Nakoda Group Of Industries Rights Issue 2024 is of 5,090,056 equity shares at ₹25 per share aggregating upto ₹12.73 Crores.
Nakoda Group Of Industries Limited Rights Issue Detail
| Issue Open | June 13, 2024 – June 28, 2024 |
| Security Name | Nakoda Group Of Industries Ltd |
| Issue Size (Shares) | 5,090,056 |
| Issue Size (Amount) | ₹12.73 Crores |
| Issue Price | ₹25 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
| Terms of Payment | Rs 6.25 on application. Rs 18.75 in one or more subsequent Call(s) as determined by the Board at its sole discretion, from time to time. |
| Entitlement | 4 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date |
Nakoda Group Of Industries Limited Rights Issue 2024 Issue Timetable
| Last Date to buy shares | May 29, 2024 |
| Record Date | May 30, 2024 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | June 13, 2024 |
| Renunciation of Rights Entitlements | June 24, 2024 |
| Bid/Offer Closes On | June 28, 2024 |
| Deemed Date of Allotment | |
| Credit Date | |
| Listing Date |
Nakoda Group Of Industries Limited Financial Information
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 41.44 | 41.55 | 40.41 |
| Revenue | 54.67 | 59.98 | 30.88 |
| Profit After Tax | 0.91 | 1.74 | 1.32 |
| Reserves and Surplus | 1.74 | 3.95 | |
| Amount in ₹ Crore | |||
Company Profile
Nakodas Group has been making people fall in love with their delicious and healthy products since 1989. They bring the finest natural ingredients from around the world to satisfy your taste buds. Nakodas Group is a leading manufacturer of various products such as Tutti Fruity, Karonda Cherries, Sweet Lime Peels, Orange Cut Peels, Sesame Seeds, Jams, Sauces, Spices, Chikkis, Pickles, Papads, Canned Vegetables, and Frozen Fruits & Vegetables.
Parshvanath Overseas handles our import business, bringing in
almond shell, pistachios, Iranian dates, Iranian saffron, and spices from China, Vietnam, and Indonesia. These products are sold in the local market and also supplied to our affiliated companies for further processing.
Registrar Info
| Name | Coming Soon |
| Phone number | Coming Soon |
| Email ID | Coming Soon |
| Website | Coming Soon |
Contact Details
| Name | Nakoda Group Of Industries Ltd |
| Phone number | +91 7122778824 |
| Email ID | [email protected] |
| Website | nakodas.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Nakoda Group Of Industries Limited IPO FAQs
What is the issue price for Nakoda Group Of Industries Rights Issue 2024?
Nakoda Group Of Industries Rights Issue 2024 price is set at ₹25 per share per equity share.
In what ratio is the Nakoda Group Of Industries Rights Issue 2024 offered?
The eligible shareholders are being offered 4 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date (May 30, 2024).
What is the record date for Nakoda Group Of Industries Rights Issue 2024?
The record date for the Nakoda Group Of Industries Rights Issue 2024 is May 30, 2024.
What is the issue size of Nakoda Group Of Industries Rights Issue 2024?
The issue size of Nakoda Group Of Industries Rights Issue 2024 is of 5,090,056 equity shares at ₹25 per share aggregating upto ₹12.73 Crores.
