Narmada Agrobase Limited IPO

Add to Calendar 2018-03-28 12:00 AM 2018-04-11 12:00 AM Asia/Kolkata Narmada Agrobase Limited IPO Narmada Agrobase Limited IPO India

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)

--

 

Issue Detail

  • Issue Open: Mar 28, 2018
  • Issue Close: Apr 11, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 32 Per Equity Share
  • Bid Lot:4000 Shares
  • Minimum Order Quantity:4000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 7.48 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 1,108,000 1,108,000 - 124,000 2,340,000
Day 1 - Apr 02, 2018IST 0 0 28000 - - 28000
Day 2 - Apr 03, 2018IST 0 0 40,000 - - 40,000
Day 3 - Apr 04, 2018IST 0 0 44,000 - - 44,000

Listing Day Trading Information

- BSE NSE
Issue Price - -
Open - -
Low - -
High - -
Last Trade - -
Volume - -

Narmada Agrobase Limited IPO User Rating

Votes
0

Narmada Agrobase Limited IPO Life IPO Reviews

Narmada Agrobase Limited IPO IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker

Comments

Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us