Nakoda Group of Industries Limited is Incorporated in the year 2013, Nakodas is engaged in manufacturing of tutti fruity (Diced Chelory) also called as ―Papaya Preserve‖ and canned fruit cubes which comes under the category of bakery products. We are also engaged in processing of almonds which are imported from California and other Middel east countries by the traders in Maharashtra. We are also engaged in trading of sesame seeds, clove, cutpeel murabba, karonda, daalchini and toor daal. As on March 2017, our revenue from almond processing consists of 45.93%, manufacturing of tutti fruity consists of 23.92% and from trading consist of 30.14%. Out of the total revenue generated from manufacturing of tutti Fruity i.e. 553.58 lakhs, 61.36% is generated from Exporting to London, Malaysia, Dubai, Saudi Arab and 38.64% is from the domestic sale.
On 18 July 2016, Nakoda Group of Industries Limited took over the running business of M/s. Navkar Processors the sole proprietorship concern of our promoter Pravin Choudhary and subsequently business of this proprietorship concern was merged into the Company.
Our manufacturing units is spread over 5900 Sq. Meter in aggregate located at KH. 83 Mouza Bidgaon, Kamptee, P.S.K No. 33, Survey No. 83, Nagpur. At Unit- I manufacturing of canned fruit cubes is carried out. Whereas processing of almonds is carried out at Unit II. Our Registered office is situated at 239, Bagad Ganj, Nagpur, Maharashtra.
Our Company is promoted by Pravin Choudary and Jayesh Choudary. Pravin Choudhary has more than two decades of experience in food processing industry and Jayesh Choudary has played a key role in automation of our plant and developing and maintaining quality standards for our manufacturing unit. Company Competitive Strengths Export Oriented Business Since 1998, Navkar Processors the sole proprietorship of Pravinkumar Choudhary exports in the Middle East & European Countries. Subsequently, we took over the business of Navkar Processors from July 18, 2016. Our factory is situated at Nagpur which is located centrally to all the conveniences. Hence, we are very conveniently making supplies of the above products promptly to the states of India. Our Clients are Ice-Cream Factories, Bakeries, Sweets & Namkeens Factories, Airline Companies & Railway Catering Experienced Promoter We are led by a dedicated team with several decades of experience in food processing industry. We believe our senior management team is able to leverage our market position and their
collective experience and knowledge in the industry, to execute our business strategies and drive our future growth. Our Company‘s promoters, Mr. Pravin Choudhary and Jayesh Choudhary look after the overall management of the Company. Mr. Pravin Choudary has an experience of over 30 years in the field of food processing industry. Our Company imparts on time to time basis training to improve the skills of the employees. Presence of established distribution networks We operates in a brand sensitive market. Over almost a decade we have tried to ensure sustainable growth and hence developed an established brand name, acceptance & recall value in our operating markets. We sell our products to brands like Mapels, Havmor, Haldiram, and Vadilal etc.
Nakoda Group of Industries Limited IPO Stock Quote & Charts
Promoters of Nakoda Group of Industries Limited Company are:
Pravin Choudhary, aged 54 years is the Promoter and Chairman & Managing Director of our Company. He has been Director of our Company since incorporation. He holds Bachelor‘s degree in Law
from Ravishankar University, Raipur and Bachelor of Commerce degree from Nagpur University. He has an experience of about more than 30 years in Food processing industry. He looks after the overall administration of the Company.
Jayesh Choudhary aged 30 years is currently Promoter and Whole Time Director of our Company. He has been Director of our Company since incorporation. He holds a Bachelor of Commerce Degree from Nagpur University and Master‘s degree in Business Administration from Nagpur University. He has an experience of about 10 years in food processing industry. He looks after the finance department the
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