* - Tentative Dates
The company proposes to utilize the net proceeds from the Issue towards funding the following objects:
Nakoda Group Of Industries Ltd's revenue decreased by -13.78% and profit after tax (PAT) rose by 132.22% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 40.68 | 41.44 | 41.55 | 40.41 |
| Revenue | 47.13 | 54.67 | 59.98 | 30.88 |
| Profit After Tax | 2.12 | 0.91 | 1.74 | 1.32 |
| Reserves and Surplus | 1.74 | 3.95 | ||
| Amount in โน Crore | ||||
Nakoda Group Of Industries Limited was incorporated in October 2013, and this company is primarily engaged in the manufacturing of Tutti fruity (Diced Chelory) also known as “Papaya Preserve” and Preserved & Dehydrated Fruit Cubes which comes under the category of bakery products. They are also engaged in processing of dry fruits and nuts which are imported by the traders in Maharashtra from California and other Middle Eastern countries. They also deal in sesame seeds, cloves, murabba with husk, karonda, rice, various seeds and toor daal.
In March 2023, revenue from dried fruit processing amounted to 45.51%, from tutti fruit production to 26.04% and from trade to 28.45%. Of the total revenue from tutti fruit production, 50.19% was generated from exports to Malaysia, Dubai, Saudi Arabia, Chile, Egypt, Qatar and Singapore and 49.81% from domestic sales.