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     315.40   Up   0.05 (0.02%)   Asian Paints Ltd     1,200.40   Down   -35.00 (-2.83%)   Axis Bank Ltd     562.05   Down   -0.50 (-0.09%)   Bajaj Auto Ltd     2,556.90   Up   46.65 (1.86%)   Bajaj Finance Ltd     2,115.35   Down   -25.15 (-1.17%)   Bajaj Finserv Ltd     5,250.20   Down   -169.00 (-3.12%)   Bharat Petroleum Corporation Ltd     271.15   Down   -12.40 (-4.37%)   Bharti Airtel Ltd     285.75   Down   -1.55 (-0.54%)   Bharti Infratel Ltd     265.25   Up   0.80 (0.30%)   Cipla Ltd     629.65   Down   -4.15 (-0.65%)   Coal India Ltd     275.50   Up   0.35 (0.13%)   Dr Reddys Laboratories Ltd     2,519.40   Down   -32.95 (-1.29%)   Eicher Motors Ltd     22,425.10   Up   799.80 (3.70%)   GAIL (India) Ltd     342.30   Down   -2.00 (-0.58%)   Grasim Industries Ltd     857.35   Down   -17.40 (-1.99%)   HCL Technologies Ltd     980.05   Up   21.55 (2.25%)   HDFC Bank Ltd     1,998.90   Up   31.15 (1.58%)   Hero Honda Motors Ltd     2,731.80   Up   19.05 (0.70%)   Hindalco Industries Ltd     224.00   Down   -3.00 (-1.32%)   Hindustan Petroleum Corporation Ltd     210.60   Down   -5.30 (-2.45%)   Hindustan Unilever Ltd     1,584.90   Up   6.50 (0.41%)   Housing Development Finance Corporation Ltd     1,658.30   Down   -1.95 (-0.12%)   ICICI Bank Ltd     327.10   Up   11.65 (3.69%)   Indiabulls Housing Finance Ltd     713.15   Up   59.35 (9.08%)   Indian Oil Corporation Ltd     129.75   Down   -3.40 (-2.55%)   IndusInd Bank Ltd     1,449.45   Down   -127.25 (-8.07%)   Infosys Technologies Ltd     679.95   Down   -3.60 (-0.53%)   ITC Ltd     288.50   Down   -0.95 (-0.33%)   JSW Steel Ltd     355.10   Down   -8.40 (-2.31%)   Kotak Mahindra Bank Ltd     1,164.00   Down   -34.95 (-2.92%)   Larsen & Toubro Ltd     1,206.60   Up   0.55 (0.05%)   Mahindra & Mahindra Ltd     733.75   Down   -7.45 (-1.01%)   Maruti Suzuki India Ltd     6,812.20   Up   55.75 (0.83%)   NIFTY (S&P CNX)     10,245.25   Down   -58.30 (-0.57%)   NTPC Ltd     164.85   Up   3.40 (2.11%)   Oil & Natural Gas Corpn Ltd     155.95   Down   -4.50 (-2.80%)   Power Grid Corporation of India Ltd     189.15   Down   0.00 (0.00%)   Reliance Industries Ltd     1,062.65   Down   -38.65 (-3.51%)   State Bank of India     260.35   Down   -0.75 (-0.29%)   Sun Pharmaceuticals Industries Ltd     606.90   Down   -3.05 (-0.50%)   Tata Consultancy Services Ltd     1,903.00   Down   -10.20 (-0.53%)   Tata Motors Ltd     170.75   Down   -3.95 (-2.26%)   Tata Steel Ltd     544.75   Down   -10.20 (-1.84%)   Tech Mahindra Ltd     676.55   Down   -14.25 (-2.06%)   Titan Company Ltd     774.80   Down   -13.90 (-1.76%)   UltraTech Cement Ltd     3,463.25   Down   -146.35 (-4.05%)   UPL Ltd     633.65   Down   -10.70 (-1.66%)   Vedanta Ltd     213.55   Up   2.45 (1.16%)   Wipro Ltd     322.20   Down   -0.95 (-0.29%)   Yes Bank Ltd     211.50   Down   -6.40 (-2.94%)   Zee Entertainment Enterprises Ltd     449.20   Down   -6.00 (-1.32%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com