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Open
28 Mar to 11 Apr, 2018
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Close
28 Mar to 11 Apr, 2018
3
Allotment
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Listing
Thu, Apr 19, 2018
Price Band
₹32 per share
Issue Size
23,40,000 shares (agg. up to ₹7 Cr)
Lot Size
4,000 Shares
Listing Date
Thu, Apr 19, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.02x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 13.91 | 13.67 | 10.73 | 8.96 |
| Total Income | 17.40 | 34.45 | 30.71 | 22.04 |
| Profit After Tax | 0.21 | 0.30 | 0.19 | 0.14 |
| NET Worth | 5.14 | 2.43 | 2.12 | 1.35 |
| Reserves and Surplus | 2.54 | 0.61 | 0.30 | 0.11 |
| Total Borrowing | 6.91 | 9.45 | 7.24 | 6.57 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ajooni Biotech Ltd. | SME | ₹6.59 Cr | ₹30 | null | ₹36.00 | +20.00% | ₹4.25 (+2.16%) |
| Godrej Agrovet Ltd. | Mainboard | ₹1,157.31 Cr | ₹460 | null | ₹595.65 | +29.49% | ₹571.80 (-0.51%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 6.00 |
| 2 | General Corporate Expenses | 1.19 |
About Narmada Agrobase IPO
Incorporated in 2013, Narmada Agrobase Limited is a Gujarat based company engaged in manufacturing & processing of cottonseed meal cake, cattle feed and soya bean meal. The products manufactured by the company are used for the feeding of cattle which provides a high amount of proteins and other nutrients required by them. Also, the by-products of the Products are used in textiles Industry, Consumer Goods Industry, and Paper Industry. The company manufactures and exports its products under the brand name of "Churma" and "Gaay Chhaap Narmada Pashu Aahar". Narmada Agrobase has 9 employees (including Registered Office Staff and Factory Workmen and Corporate Office) onpayroll and it also hires contract labor in the factories as per requirement.+ Read More
Contact Details
Narmada Agrobase Ltd. Address310, Sudarshan ComplexMithakhali UnderbridgeNavrangpuraAhmedabad, Gujarat, 380009+91-79-4037 0886cs@narmadaagrobase.comVisit Website