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Nakoda Group of Industries Ltd
Registered Office:
239 Bagad Ganj,,
Nagpur - 440008,
Maharashtra, India.
Website :  www.nakodas.com
Initial public 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 refered to as the "net issue". The issue and the net issue will constitute 27.03% and 25.57% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is (Rs) 10 each and the issue price of (Rs) 35 is 3.5 times of the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
23-May-18
29-May-18
35.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 4000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
5.98
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer
6.48
 
Post Issue Equity Share Capital
6.85
 
Issue Price
35.00
 
Projects
Purchase of new plant and machinery and upgradation of existing plant and machinery
Working capital requirements
General corporate purpose
Promoted By
Pravin Choudhary
Jayesh Choudhary
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
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