Narmada Agrobase Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,108,000 (47%) | — | ₹355 Cr |
| Retail | — | 1,108,000 (47%) | — | ₹355 Cr |
| Market Maker | — | 124,000 (5%) | — | ₹4 Cr |
| Σ Total | — | 2,340,000 (100%) | — | ₹7,488 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹128,000 |
| Retail (Max) | 13 | 52,000 | ₹1,664,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,792,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,576,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 3,445 | 3,071 | 2,204 |
| Profit After Tax | 30 | 19 | 14 |
| Total Assets | 1,367 | 1,073 | 896 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To Meet Working Capital Requirement – 6.00
- 2 General Corporate Expenses – 1.19
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 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) on
payroll and it also hires contract labor in the factories as per requirement.