The Nakodas Group of Industries date has been confirmed from May 23, 2018, and ended on May 29, 2018. Read the post to learn about Nakodas Group of Industries IPO GMP.
Nakodas Group of Industries IPO is a fixed price issue of Rs 6.48 crores. The price is ₹35 per share. The minimum lot size for an application is 4000 Shares. Nakodas Group of Industries IPO GMP Today is ₹49.00. The minimum amount of investment required by retail investors is ₹140,000.
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Key Details Of Nakodas Group of Industries IPO:
Bidding Dates
May 23-29
Price Range
₹35 per share
Face Value
₹10 per share
GMP
₹49.00
Nakodas Group of Industries IPO GMP
The Nakodas Group of Industries IPO GMP Today is ₹49.00.
Nakodas Group of Industries IPO Overview
The IPO of Nakodas Group of Industries is a fixed-price issuance of Rs 6.48 crores. Bidding for the Nakodas Group of Industries IPO began on May 23, 2018 and finished on May 29, 2018. On June 6, 2018, the shares were listed on the BSE SME. The IPO price for Nakodas Group of Industries is 35 per share. A lot size of 4000 shares is required for an application. Retail investors must make a minimum commitment of ₹140,000.
On 18 July 2016, Nakodas Group of Industries Limited took over the running business of M/s. Navkar Processors, the promoter Pravin Choudhary’s sole proprietorship concern, and the operation of this proprietorship concern was later merged into the Company. The company’s manufacturing facilities are in Nagpur. The Registered Office and Manufacturing Unit employ 16 people.
Nakodas Group of Industries IPO Details
IPO Date | May 23, 2018 to May 29, 2018 |
Listing Date | June 6, 2018 |
Face Value | ₹10 per share |
Price | ₹35 per share |
Lot Size | 4000 Shares |
Total Issue Size | 1,852,000 shares (aggregating up to ₹6.48 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Market Maker portion | 100,000 shares |
Nakodas Group of Industries Company Financials Information
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) | — |
Nakodas Group of Industries IPO Listing Details
Listing Date | June 6, 2018 |
BSE Script Code | 541418 |
NSE Symbol | NGIL |
ISIN | INE236Y01012 |
Final Issue Price | ₹35 per share |
Company Profile
Nakodas Group of Industries Limited, founded in 2013, is a manufacturer of tutti fruity (Diced Chelory), also known as? Papaya Preserve, and canned fruit cubes, which fall under the category of baking items. The company also processes almonds and trades sesame seeds, clove, cut peel murabba, karonda, daalchini, and toor daal. As of March 2017, the company’s revenue from almond processing was 45.93%, tutti fruity manufacture was 23.92%, and trade was 30.14%. Tutti Fruity generates total revenue of 553.58 lakhs, 61.36% of which
comes from exporting to London, Malaysia, Dubai, and Saudi Arabia, and 38.64% from domestic sales.
Registrar Info
Name | Bigshare Services Pvt Ltd |
Phone number | +91-22-6263 8200 |
Email ID | [email protected] |
Website | ipo.bigshareonline.com |
Contact Details
Name | Nakodas Group of Industries Limited |
Phone number | +91 0712 2778824 |
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.
Nakodas Group of Industries IPO FAQs
When Nakoda Group of Industries IPO will open?
The Nakoda Group of Industries IPO opens on May 23, 2018 and closes on May 29, 2018.
What is the lot size of Nakoda Group of Industries IPO?
Nakoda Group of Industries IPO lot size is 4000 Shares, and the minimum amount required is ₹140,000.
When is Nakoda Group of Industries IPO allotment?
The finalization of Basis of Allotment for Nakoda Group of Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
When is Nakoda Group of Industries IPO listing date?
The Nakoda Group of Industries IPO listing date is on June 6, 2018.
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