IPO Synopsis
Home >> IPO >> IPO Synopsis
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
Adani Ports & Special Economic Zone Ltd     362.45   Down   -8.10 (-2.19%)   Asian Paints Ltd     1,269.20   Down   -12.85 (-1.00%)   Axis Bank Ltd     517.20   Down   -5.35 (-1.02%)   Bajaj Auto Ltd     2,849.80   Down   -45.50 (-1.57%)   Bajaj Finance Ltd     2,270.60   Up   27.45 (1.22%)   Bajaj Finserv Ltd     5,913.20   Down   -82.55 (-1.38%)   Bharat Petroleum Corporation Ltd     413.60   Down   -9.50 (-2.25%)   Bharti Airtel Ltd     371.20   Up   0.30 (0.08%)   Bharti Infratel Ltd     287.75   Down   -3.55 (-1.22%)   Cipla Ltd     601.85   Down   -4.65 (-0.77%)   Coal India Ltd     272.95   Down   -1.25 (-0.46%)   Dr Reddys Laboratories Ltd     2,393.00   Up   7.15 (0.30%)   Eicher Motors Ltd     29,949.65   Down   -185.65 (-0.62%)   GAIL (India) Ltd     342.75   Up   4.65 (1.38%)   Grasim Industries Ltd     1,010.10   Down   -10.00 (-0.98%)   HCL Technologies Ltd     920.45   Down   -12.75 (-1.37%)   HDFC Bank Ltd     2,023.50   Up   4.35 (0.22%)   Hero Honda Motors Ltd     3,652.75   Down   -13.40 (-0.37%)   Hindalco Industries Ltd     225.80   Down   -5.20 (-2.25%)   Hindustan Petroleum Corporation Ltd     313.00   Down   -9.10 (-2.83%)   Hindustan Unilever Ltd     1,601.00   Down   -7.55 (-0.47%)   Housing Development Finance Corporation Ltd     1,828.00   Up   4.45 (0.24%)   ICICI Bank Ltd     292.80   Down   -0.20 (-0.07%)   Indiabulls Housing Finance Ltd     1,182.60   Down   -17.35 (-1.45%)   Indian Oil Corporation Ltd     168.60   Down   -5.30 (-3.05%)   IndusInd Bank Ltd     1,931.50   Down   -36.45 (-1.85%)   Infosys Technologies Ltd     1,241.60   Down   -25.80 (-2.04%)   ITC Ltd     266.05   Up   1.50 (0.57%)   Kotak Mahindra Bank Ltd     1,303.25   Down   -12.05 (-0.92%)   Larsen & Toubro Ltd     1,310.40   Down   -12.80 (-0.97%)   Lupin Ltd     897.85   Down   -4.35 (-0.48%)   Mahindra & Mahindra Ltd     891.40   Down   -22.50 (-2.46%)   Maruti Suzuki India Ltd     8,862.60   Down   -110.85 (-1.24%)   NIFTY (S&P CNX)     10,710.45   Down   -89.40 (-0.83%)   NTPC Ltd     156.15   Down   -0.85 (-0.54%)   Oil & Natural Gas Corpn Ltd     164.80   Up   0.20 (0.12%)   Power Grid Corporation of India Ltd     198.70   Up   0.05 (0.03%)   Reliance Industries Ltd     996.05   Down   -19.50 (-1.92%)   State Bank of India     272.60   Down   -4.25 (-1.54%)   Sun Pharmaceuticals Industries Ltd     559.95   Down   -10.15 (-1.78%)   Tata Consultancy Services Ltd     1,824.50   Down   -4.50 (-0.25%)   Tata Motors Ltd     305.05   Down   -3.75 (-1.21%)   Tata Steel Ltd     555.00   Down   -3.50 (-0.63%)   Tech Mahindra Ltd     695.75   Down   -14.80 (-2.08%)   Titan Company Ltd     889.00   Down   -8.70 (-0.97%)   UltraTech Cement Ltd     3,648.00   Down   -21.50 (-0.59%)   UPL Ltd     674.10   Down   -18.15 (-2.62%)   Vedanta Ltd     224.30   Down   -7.90 (-3.40%)   Wipro Ltd     261.00   Down   -4.75 (-1.79%)   Yes Bank Ltd     330.90   Down   -0.75 (-0.23%)   Zee Entertainment Enterprises Ltd     554.50   Down   -6.70 (-1.19%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com