Nakoda Group of Industries Limited Right Issue

₹6.36 Cr 18 Sep 2023 – 27 Sep 2023

Closed Ratio: 1 : 7
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Issue Price
₹40.00
Face Value
₹10.00
Issue Size (Shares)
1,590,642
Issue Size (₹ Cr.)
₹6.36
📅 Right Issue Timetable
Last Date to Buy SharesMon, Sep 4, 2023
Record DateTue, Sep 5, 2023
Credit of Rights Entitlements
Bid/Offer Opens OnMon, Sep 18, 2023
Issue Open DateMon, Sep 18, 2023
Renunciation Last DateFri, Sep 22, 2023
Bid/Offer Closes OnWed, Sep 27, 2023
Issue Close DateWed, Sep 27, 2023
Deemed Date of AllotmentThu, Oct 5, 2023
Credit DateMon, Oct 9, 2023
Listing DateWed, Oct 11, 2023
📋 Right Issue Details
Issue Size (Shares)1,590,642
Issue Size (Amount)₹6.36 Cr.
Issue Price₹40.00 per share
Face Value₹10.00 per share
Entitlement Ratio1 : 7
Listing At
Terms of PaymentFull amount of Rs. 40.00 per Equity Share is payable on application
📊 Company Financials (Restated)
Period Ended2022-03-312021-03-312020-03-31
Income59.9830.8825.60
EBITDA
Net Worth
Reserves & Surplus1.743.957.04

Amount in ₹ Crore

🏢 About the Company
Incorporated in 1989, Nakoda Group of Industries Limited produces dryfruit-based healthy and natural products.

Nakoda Group of Industries manufacturers Tutti Fruity (Diced Chelory) also called "Papaya Preserve", Karonda Cherries (Indian Cherries), Sweet lime peels, Orange Cut Peels, Sesame Seeds Hulled Auto dry, All Variety of Jams, Sauces, Spices, Chikkis (Fruity Bars), Pickles, Papads, Canned Vegetables, and Frozen Fruits & Vegetables.

The company has three manufacturing units in Nagpur, namely Navkar Processors, Nakoda Fruit Products Pvt. Ltd., and Parshva Food International. Navkar Processors deals in Tutti Fruity, Cherries, Jams & Peels whereas Nakoda Fruit Products Pvt. Ltd. Deals in all varieties of papads, pickles, Chikkis (Fruit Bars), Spices, etc. and Parshva Food International deals in Canned Fruits & vegetables, Mango & Guava Pulps, Frozen Peas, Frozen Vegetables, Dehydrated vegetables etc. Each unit has a production capacity of 8 to 10 MT. per day.

Nakoda Group has around 80% export-oriented business and the rest is in the domestic market of India. Its clientele comes from Ice-Cream Factories, Bakeries, Sweets & Namkeens Factories, Airline Companies, Railway Catering & Indian Military. The company imports Almond In shell, Pistachios, Irani Dates, Irani Saffron, and Spices from china, Vietnam & Indonesia and sells in the domestic market as well as to its sister concerns for processing many other items through its imports business arm Parshvanath Overseas.
📞 Company Contact
CompanyNakoda Group of Industries Limited
AddressPlot No. 239, South Old Bagadganj,
Small Factory Area,
Nagpur 440 008
Nagpur, Maharashtra, 440008
Phone+91 7122778824
Emailinfo@nakodas.com
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📝 Registrar
NameBigshare Services Pvt.Ltd.
Phone8657578989
Emailrightsissue@bigshareonline.com
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