* - Tentative Dates
The company aims to utilize the net proceeds towards the following purposes;
Nakoda Group of Industries is engaged in the business of manufacturing Tutti Fruity (Diced Chelory) also called as “Papaya Preserve” and canned & Dehydrated fruit cubes which comes under the category of bakery products. The company also processes Dry Fruits & Nuts imported from california and the Middle East countries. It also trades in products like seasme seeds, clove, cut peel murabba, karonda, rice, various seeds, and toor daal. As on Jan 22, its revenue from Dry Fruits processing segent consists of 41.40%, Tutti fruity consists of 27.70%, and trading consists of 30.90%. It not only sells Tutti Fruity in the domestic market but also exports to countries like Malaysia, Dubai. Saudi Arab, Chili, Egypt, Qatar, and Singapore.
Its manufacturing facility is spread over 5,900 sq meter in Nagpur Maharashtra wherein the section I is enagged in manufacturing of canned fruit cubes whereas section II is engaged in processing Dry Fruits.