Narmada Agrobase Limited IPO

Narmada Agrobase Limited IPO

Issue Open

Mar 28, 2018

Price Band

₹ 32

Issue Size

₹ 7.48 Cr

Credit of Shares to Demat

-

Issue Close

Apr 11, 2018

Bid Lot

4000

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

4000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Apr 19, 2018

Refunds

-

About the company:

Narmada Agrobase Limited is a Gujarat based company engaged in manufacturing & processing of cottonseed meal cake, cattle feed and soya bean meal.It has around 9 employees and hires contratual labours as and when required. The company markets and sells its products under the brand name churma and Gaay chhaap Narmada Pashu Aahar.

Date of establishment: The company was incorporated in 2013 in Gujarat.

Product & Service Offering: Narmada Agrobase manufactures & processes cottonseed meal cake, cattle feed and soya bean meal. The by-products of the Products are used in textiles Industry, Consumer Goods Industry, and Paper Industry

Promoters of Narmada Agrobase limited: Mr. Neerajkumar Sureshchandra Agrawal, and Mr. Suresh Chandra Gupta are the Promoters of the Company.

Customer segment: The company sells its products in domestic markets as well as in international markets under the brand name Churma and Gaay chhaap Narmada Pashu Aahar.

Objects of the Issue: The objects of the Issue are-

1. To maintaining the Working Capital Requirement
2. General Corporate Purpose
3. To Meet the IPO Expenses

Company Financials

Particulars

For the year/period ended (in Rs. Lacs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

1,367.01

1,072.64

896.18

528.13

5

 

Total Revenue

3,444.89

3,070.72

2,203.68

209.69

0.00

 

Profit After Tax

30.29

18.90

13.88

(-2.49)

--

 

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