Narmada Bio-Chemical Limited IPO

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(i) Narmada Biochem Ltd. believes that ‘the growth of India is directly related to the growth of the rural areas’. Farmers being the central focus of rural India, and farming is the main profession and almost 60% of India’s Population is engaged in it. It becomes necessary to give them a helping hand by providing them with top-of-the-line agricultural inputs and services.

With this as a core initiative, Narmada Biochem Ltd. has been serving the farming community for over one & a half decades. An impressive track record takes forward its strategy to head the leading position in the Organic manures and others fertilizers inputs. The growth of NBCL in the inputs business in a span of just 5 years has itself created a story to talk about within fertilizers industry.

(ii) They help in providing the farmers not just customized Products but customized solutions, developing and evaluating Products and processes for improving their satisfaction. Their extensive high-quality product range that includes organic manure, chemical fertilizers, micronutrients, soil conditioners, water-soluble Products, further supports this goal. They offer amongst the best list of farm nutrients and associated Products in India.

(iii) They have now ventured to extend the vision in serving the farming community by introducing a toll free number, printed on each bags/containers. Through that contact number the three things can be checked – quality, reliability, and services that ensure a healthy crop produce to farmers.

(iv) Narmada Bio chem Limited annually produce approx. 3,02,000 MT of fertilizers and sell in 10 states of India like Gujarat, Rajasthan, Maharashtra, Uttar Pradesh, Madhya Pradesh, Andhra Pradesh, Telangana, Chhattisgarh, Bihar, Punjab, Haryana, Himachal Pradesh, Jammu & Kashmir, Aasam and so on with help of more than 700 distributors/dealers (Private and Co-operative) network and more than 2100 retailers private and Co-operative directly working at grass root level.

Objects of the Narmada Bio-Chemical Limited IPO:

Objective of

Narmada Bio-Chemical Limited IPO

are: The Offer for Sale The Fresh Issue Our Company proposes to utilize the Net Proceeds from the Fresh Issue (“Net Proceeds”) towards the following objects: 1. Funding the Working Capital Requirements of the Company 2. General Corporate Purposes

Narmada Bio-Chemical Limited IPO Details:

Total Shares: 72,00,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 90 Cr.
Issue Price: ₹ 120-125 Per Equity Share
Listing At: NSE,BSE

Promoters And Management:

Promoters of Narmada Bio-Chemical Limited Company are: Mr. Dineshbhai Dhirubhai Patel, aged 48 years is the Promoter, Chairman and Managing Director of our Company. He has been on the Board of Directors of our Company since its incorporation. He was appointed as the Managing Director of the Company in September 2015. He has a qualification of below secondary level. He has an experience of approximately 18 years in the fertilizer industry. He has been associated with the Company since its incorporation. He was awarded a letter of honour by the State Bank of India, Ahmedabad Circle for his achievements in his field of business. He is actively involved in the strategic decision making for the Company, pertaining to corporate and administrative affairs, financial operations, expansion activities, strengthening the marketing network, business development and management of overall business.

Recommendation on Narmada Bio-Chemical Limited IPO:

Review and Recommendation of Narmada Bio-Chemical Limited IPO from our side is: Under Analysis

Lead Manager of Narmada Bio-Chemical Limited IPO:

  1. Pantomath Capital Advisors Private Limited

Registrar of Narmada Bio-Chemical Limited IPO:

  1. Karvy Computershare Private Limited

Company Address:

Narmada Bio-Chemical Limited Narmada House Plot No. 252, TP No. 50, Nr. Sun Builders, Sindhu Bhavan Road, Bodakdev, Ahmedabad – 380054 Phone No: 079-29705173/74/75 Fax No: 079-29705172 E-mail: roc@nbclindia.com Website: www.nbclindia.com

Discussion on Narmada Bio-Chemical Limited IPO:

    EPS Pre Issue
    1. PAT= 1230 Lakh
    2. Outstanding Shares= 157.41 Lakh
    3. EPS= 7.81
    4. P/E= 16

    EPS Post Issue
    1. PAT= 1230 Lakh
    2. Outstanding Shares= 211.41 Lakh
    3. EPS= 5.81
    4. P/E= 21.51