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


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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

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