Issue Price
₹32
Per Share
GMP
NIL
Grey Market
Est. Listing
₹32
Expected Price
Min. Application
₹256,000
2 lots × 4000 shares
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.
Narmada Agrobase Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 124,000 | — | ₹0.40 Cr | — |
| TOTAL | 2,340,000 | 100.00% | ₹7.49 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹128,000 |
| Retail (Max) | 13 | 52,000 | ₹1,664,000 |
| sNII (Min) | 14 | 56,000 | ₹1,792,000 |
| bNII (Min) | 68 | 272,000 | ₹8,704,000 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 3444.89 | 3070.72 | 2203.68 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 30.29 | 18.90 | 13.88 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 1367.01 | 1072.64 | 896.18 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |