247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Narmada Agrobase Limited IPO (Narmada Agrobase IPO) Details

Narmada Agrobase Limited is an Agro based company, located in Ahmedabad, Narmada Agrobase Limited IPO size was 7.48 Cr. and was issued at 32.00 per share. The share of Narmada Agrobase Limited were listed at 31.90 per share and are currently trading at 21.89 per share.

Type :
Sub Sector : Manufacturing & Processing Of Cotton Seed Meal Cake Cattle Feeds
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
34.80 Cr.

PAT :
0.42 Cr.

Pricing Report

Issue Price :
32.00

Listing Price :
31.90

Current Market Price :
21.89

Issue Price vs CMP :
10.11 (31.59%)

listing Price vs CMP :
10.01 (31.38%)

Performance Report (CAGR* wise)

CAGR : -5.46
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Narmada Agrobase

Company Information
Narmada Agrobase a manufacturer of organic based bio products, pesticides and fertilizers used by farmers for their agricultural and cropping activities. Their Company was incorporated in the year 2007 with a vision to provide wide range of plant nutrition and plant protection products for specialty agricultural, horticultural and home garden market that are ideal to be used in agricultural industry and which are sustainable, environmentally safe, economically feasible, and chemical free and 100% eco friendly. Currently their Company is engaged in the business of Manufacturing and supplying of bio-fertilizers, bio-pesticides, bio-fungicides, plant growth promoters, micro and macro nutrients that are recognized as ideal organic products, commercially viable for Organic farming. Over the years they have developed a vast network of more than 3,800 dealers spread
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Object of Issue
  • To Meet Working Capital Requirement
  • General Corporate Purposes
  • To Meet the Issue Expenses

Narmada Agrobase SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Apr, 2018
IPO Size :
7.48 Cr.
IPO Subscription :
1.21 X     
PE Multiple :
57.00
IPO Registrar:
Kfin Technologies Limited
Anchor Investors:

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FAQs

Narmada Agrobase operates in Agro and Manufacturing & Processing Of Cotton Seed Meal Cake Cattle Feeds. The Issue is listed on NSE EMERGE in Apr, 2018. Narmada Agrobase IPO size was 7.48 Cr. with Issue price of 32.00 .

Narmada Agrobase IPO subscription was 1.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Narmada Agrobase IPO listed at a listing price of 31.90 against the offer price of 32.00.

The current market price of Narmada Agrobase is 21.89.

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