Narmada Agrobase IPO is set to make its debut on 28 March 18 with 7.48 cr is engaged in providing a wide range of contracting based services in the field of Electrical, Mechanical and Instrumentation Engineering.
Narmada Agrobase IPO – overview
| IPO Dates | 28 March – 11 April 18 |
| IPO Price | INR 32 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 2,340,000 shares (INR 7.48 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
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 number 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) on
payroll and it also hires contract labor in the factories as per requirement.
Objects of the Issue
1 To Meet Working Capital Requirement
2. General Corporate Expenses
3. To Meet the Issue Expenses
Company Financials
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 1,367.01 | 1,072.64 | 896.18 |
| Total Revenue | 3,444.89 | 3,070.72 | 2,203.68 |
| Profit After Tax | 30.29 | 18.90 | 13.88 |
Company Contact Information
Narmada Agrobase Limited
310, Sudarshan Complex,
Mithakhali Underbridge, Navrangpura
Ahmedabad – 380009
Phone: +91-79-4037 0886
Email: cs@narmadaagrobase.com
Website: http://www.narmadaagrobase.com
Narmada Agrobase IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/
Narmada Agrobase IPO Lead Manager(s)
- Corporate Capitalventures Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
