IPO Synopsis

Nakoda Group of Industries Ltd

Registered Office: 239 Bagad Ganj,, Nagpur - 440008, Maharashtra, India. Phone : 91-0712-2778824   Fax: Email : info@nakodas.com 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 Opens On Closes On 23-May-18 29-May-18 Money Payable On Application Allotment 35.00 0.00 Minimum Application for shares in Nos : 4000 Further Multiples of : 4000 Cr Lead Managers to the Issue Project Cost (.Cr) 5.98 Pantomath Capital Advisors Pvt Ltd Project Financed through Current Offer (.Cr) 6.48   Post Issue Equity Share Capital (.Cr) 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

No Data Available