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     393.70   Down   -0.80 (-0.20%)   Asian Paints Ltd     1,393.25   Up   3.65 (0.26%)   Axis Bank Ltd     671.20   Down   -5.45 (-0.81%)   Bajaj Auto Ltd     2,704.25   Down   -25.40 (-0.93%)   Bajaj Finance Ltd     2,539.00   Up   3.10 (0.12%)   Bajaj Finserv Ltd     6,269.60   Down   -89.40 (-1.41%)   Bharat Petroleum Corporation Ltd     352.35   Down   -2.85 (-0.80%)   Bharti Airtel Ltd     321.55   Down   -10.50 (-3.16%)   Bharti Infratel Ltd     279.30   Down   -1.15 (-0.41%)   Cipla Ltd     509.15   Down   -0.45 (-0.09%)   Coal India Ltd     230.15   Down   -1.90 (-0.82%)   Dr Reddys Laboratories Ltd     2,605.70   Down   -13.45 (-0.51%)   Eicher Motors Ltd     20,308.00   Down   -61.95 (-0.30%)   GAIL (India) Ltd     323.95   Down   -8.45 (-2.54%)   Grasim Industries Ltd     825.00   Down   -3.10 (-0.37%)   HCL Technologies Ltd     958.00   Up   3.30 (0.35%)   HDFC Bank Ltd     2,118.45   Down   -13.85 (-0.65%)   Hero Honda Motors Ltd     2,906.40   Up   2.80 (0.10%)   Hindalco Industries Ltd     206.25   Up   0.25 (0.12%)   Hindustan Petroleum Corporation Ltd     241.15   Down   -3.05 (-1.25%)   Hindustan Unilever Ltd     1,746.50   Down   -5.00 (-0.29%)   Housing Development Finance Corporation Ltd     1,992.00   Down   -12.55 (-0.63%)   ICICI Bank Ltd     375.20   Up   0.60 (0.16%)   Indiabulls Housing Finance Ltd     817.95   Up   1.20 (0.15%)   Indian Oil Corporation Ltd     137.50   Down   -0.15 (-0.11%)   IndusInd Bank Ltd     1,525.35   Up   2.35 (0.15%)   Infosys Technologies Ltd     730.45   Down   -2.90 (-0.40%)   ITC Ltd     291.95   Down   -2.00 (-0.68%)   JSW Steel Ltd     288.85   Down   -0.15 (-0.05%)   Kotak Mahindra Bank Ltd     1,226.60   Up   6.65 (0.55%)   Larsen & Toubro Ltd     1,337.50   Down   -8.55 (-0.64%)   Mahindra & Mahindra Ltd     734.00   Down   -0.65 (-0.09%)   Maruti Suzuki India Ltd     7,348.00   Up   11.75 (0.16%)   NIFTY (S&P CNX)     10,870.50   Down   -34.70 (-0.32%)   NTPC Ltd     145.70   Up   0.80 (0.55%)   Oil & Natural Gas Corpn Ltd     146.95   Up   1.95 (1.34%)   Power Grid Corporation of India Ltd     195.45   Up   1.55 (0.80%)   Reliance Industries Ltd     1,146.85   Up   12.40 (1.09%)   State Bank of India     298.20   Up   0.80 (0.27%)   Sun Pharmaceuticals Industries Ltd     382.45   Down   -44.10 (-10.34%)   Tata Consultancy Services Ltd     1,881.90   Down   -12.40 (-0.65%)   Tata Motors Ltd     183.95   Down   -0.95 (-0.51%)   Tata Steel Ltd     473.30   Up   0.15 (0.03%)   Tech Mahindra Ltd     708.10   Up   2.55 (0.36%)   Titan Company Ltd     958.20   Down   -3.35 (-0.35%)   UltraTech Cement Ltd     3,809.00   Down   -37.45 (-0.97%)   UPL Ltd     765.50   Down   -3.55 (-0.46%)   Vedanta Ltd     198.15   Up   0.70 (0.35%)   Wipro Ltd     337.75   Up   2.35 (0.70%)   Yes Bank Ltd     198.15   Down   -3.35 (-1.66%)   Zee Entertainment Enterprises Ltd     440.50   Down   -0.40 (-0.09%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com