Nakoda Group of Industries Limited IPO issue of 18,52,000 equity shares of face value of Rs. 10/- each (equity shares) of Nakoda Group of Industries Limited (the company or the issuer) for cash at a price of Rs. 35 /- per equity share, including a share premium of Rs. 25/- per equity share (the issue price), aggregating Rs. 6.48 crores (the issue), of which 1,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 35/- per equity share, aggregating Rs. 0.35 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 17,52,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 35/- per equity share, aggregating Rs. 6.13 crores is hereinafter referred to as the net issue.
About Nakoda Group of Industries Limited
Since 1989, Nakoda Group of Industries Limited has kept its legacy to make people fall in love with their most delicious, healthy and natural products. Nakoda Group of Industries Limited brings you the finest natural ingredients from all around the world to satisfy your heart with its delightful taste.
Nakoda Group of Industries Limited is a Leading manufacturer of Tutti Fruity (Diced Chelory) also called as “Papaya Preserve”, Karonda Cherries (Indian Cherries), Sweet lime peels, Orange Cut Peels, Sesame Seeds Hulled Auto dry, All Variety of Jams, Sauces, Spices, Chikkis (Fruity Bars), Pickles, Papads, Canned Vegetables and Frozen Fruits & Vegetables.
Company have three existing Units in Nagpur i.e. Navkar Processors, Nakoda Fruit Products Pvt. Ltd., Parshva Food International. Basically Navkar Processors deals in Tutti Fruity, Cherries, Jams & Peels whereas Nakoda Fruit products Pvt. Ltd. Deals in all varieties of papads, pickles, Chikkis (Fruit Bars), Spices etc. and Parshva Food International deals in Canned Fruits & vegetables, Mango & Guava Pulps, Frozen Peas, Frozen Vegetables, Dehydrated vegetables etc.
Since 1998 company were existing exporter of all above items in Middle East & European Countries. Company has around 80% export oriented business and rest is on domestic market of India. Company factory is situated in heart of Nagpur which is also known as the heart of India as it is located centrally to all the conveniences. Hence, they are very conveniently making supplies of the above products very promptly & regularly with less loss of time to the states of India. Company’s Major Clients are Ice-Cream Factories, Bakeries, Sweets & Namkeens Factories, Airline Companies, Railway Catering & Indian Military.
About Nakoda Group of Industries Limited IPO
|IPO Size (In Cr.)||Open Date||Close Date||Draft Prospectus|
|Nakoda Group of Industries Limited IPO||6.48||23.05.2018||29.05.2018||DRHP|
Lot Size: Minimum Application for 4000 shares of Rs. 35/- each in further multiples of :
The objects of the issue are- Purchase of Plant & Machinery and Working Capital Requirement
Nakoda Group of Industries IPO Registrar
Bigshare Services Pvt. Ltd
Bigshare Services Pvt Ltd E-2 & 3,
Ansa Industrial Estate, Saki-Vihar Road,
Sakinaka, Andheri(E), Mumbai – 400 072
Nakoda Group of Industries IPO Lead Manager
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
Nakoda Group of Industries Limited Management
- Mr. Pravin N. Choudhary (Managing Director)
- Mr. Jayesh P. Choudhary (Whole Time Director)
- Mr. Manju P. Choudhary (Non-Executive Director)
- Mr. Pawan Kumar Jain (Independent Director)
- Mr. Ajay Lodha (Independent Director)
- Mr. Vinod Jain (Independent Director)
- Ms. Sakshi Tiwari (Chief Financial Officer)
- Mr. Pratul B. Wate (Company Secretary)
Contact Nakoda Group of Industries Limited
Nakoda Group of Industries Limited
239, Bagad Ganj,
Phone: +91 0712 2778824