Narmada Agrobase Ltd incorporated in 2013 based in Gujarat. The company is doing business of manufacturing & processing of cotton seed meal cake, soya bean meal and cattle feed. They manufacturer and export products under “Churma” and “Gaay Chhaap Narmada Pashu Aahar” brand name. Narmada Agrobase ipo is starting from 28 March and ends on 11 April. The price band is around Rs.32 with 4000 market lot. The ipo size is around 7.48 crore rupees.
IPO Review:
- Risky
Narmada Agrobase IPO Dates & Price Band:
- IPO Open: 28 March 2018
- IPO Close: 11 April 2018
- IPO Size: Approx Rs 07.48 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.32 Per Equity Share
- Listing on: NSE SME
- Shares: 2,340,000
- Retail Portion: 50%
IPO Market Lot:
- Shares: Apply for 4,000 Shares (Minimum Lot Size)
- Amount: Rs.1,08,000
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Financial Results:
| Rs. in Crore | |||||
| 2013 | 2014 | 2015 | 2016 | 2017 | |
| Revenues | 2.10 | 22.04 | 30.71 | 34.45 | 17.40 |
| Expenses | 2.07 | 21.86 | 30.47 | 34.05 | 17.15 |
| PAT | 0.02 | 0.17 | 0.24 | 0.40 | 0.26 |
Grey Market Premium:
- The grey market is around Rs.4000 Subject to Sauda.
Narmada Agrobase IPO Subscription Status:
- IPO Subscribed 1.14 times overall
Narmada Agrobase IPO Allotment Status:
Company Promoters:
- Mr. Neerajkumar Sureshchandra Agrawal
- Mr. Suresh Chandra Gupta
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IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com
IPO Lead Managers:
- Corporate CapitalVentures Pvt Ltd
Company Address:
Narmada Agrobase Limited
310, Sudarshan Complex,
Mithakhali Underbridge, Navrangpura
Ahmedabad – 380009
Phone: +91-79-4037 0886
Email: [email protected]
Website: http://www.narmadaagrobase.com
