NACDAC Infrastructure IPO - AstroIPO

NACDAC Infrastructure IPO


December 11, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

NACDAC Infrastructure Ltd. has announced its IPO with subscriptions starting December 17, 2024. This Infrastructure company sets its IPO price band at ₹33 – ₹35 per share, targeting to raise ₹10.01 crores through its public offering.

The IPO structure includes a fresh issue of 2,860,000 shares (₹10.01 crores). People can apply for a minimum lot of 4000 shares, requiring ₹140,000 at the upper price band. Each share has a face value of ₹10.

The IPO remains open until December 19, 2024, and will list BSE. Through this book-built issue, the company plans to offer a total of 2,860,000 shares to the public.

NACDAC Infrastructure IPO Details

The key details of NACDAC Infrastructure’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹10.01 Cr
Price Range ₹33 - ₹35
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at BSE
Minimum Quantity 4000
Investment (cut-off price) ₹140,000
Pre IPO Promotor Holding 95.9%
Post IPO Promotor Holding Update soon
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

NACDAC Infrastructure IPO Timelines

The IPO process for NACDAC Infrastructure includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

17/12/2024
Start Date
19/12/2024
End Date
20/12/2024
Allotment Date View Status
23/12/2024
Refund Initiation
23/12/2024
Credit of Shares to Demat Ac
24/12/2024
Listing Date

NACDAC Infrastructure IPO Lot Size

The NACDAC Infrastructure IPO has a fixed lot size of 4,000 shares, at an upper price band of ₹35 per share, requiring ₹140,000 per lot for retail investors. For HNI investors, the minimum application is 8,000 shares (2 lots) amounting to ₹280,000.

Application Lot Size Shares Amount
Retail Minimum 1 4000 ₹140,000
Retail Maximum 1 4000 ₹140,000
S-HNI Minimum 2 8000 ₹280,000

NACDAC Infrastructure IPO Subscription Status

The subscription status for NACDAC Infrastructure IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
236.39x 4,084.46x 2,503.66x -- 2,209.76x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹66.5 ₹69.82 ₹69.82 ₹66.50

NACDAC Infrastructure IPO Company Financials

Year Total Income Total Expense PAT
FY 2021 ₹6.60 ₹6.49 ₹0.08
FY 2022 ₹10.32 ₹9.91 ₹0.32
FY 2023 ₹11.74 ₹10.99 ₹0.56
FY 2024 (1 M) ₹24.84 ₹21.96 ₹2.15

About Company

NACDAC Infrastructure Limited, incorporated in 2012, specializes in civil and structural construction, including multi-story buildings, steel structures, and bridges. The company is an ISO-certified Class A contractor registered with Uttarakhand Peyjal Sansadhan Vikas Evum Nirman Nigam and has completed 45 projects worth ₹93 crore, catering to both government and private clients.

Focused on diverse construction services, NACDAC undertakes residential, commercial, institutional projects, and subcontract work. With expertise spanning civil, structural, and electrical works, the company supports infrastructure development across sectors, employing a team of 27 professionals as of March 31, 2024.

Incorporation Date Sector Managing Director
2012 Infrastructure Hemant Sharma

Know Before Investing

NACDAC Infrastructure IPO Strengths

  • NACDAC has a proven history of successfully executing various infrastructure projects, enhancing investor confidence.
  • The company operates across multiple sectors, which helps mitigate risks associated with market fluctuations.
  • Led by experienced professionals, the management team brings valuable expertise to drive growth and operational efficiency.
  • With increasing government focus on infrastructure development, NACDAC is well-positioned to capitalize on upcoming opportunities in the sector.
  • Collaborations with key stakeholders in the industry strengthen its competitive position and project execution capabilities.

NACDAC Infrastructure IPO Risks

  • As this is the company’s first public offering, there is no established market for its shares, leading to uncertainty in trading.
  • The company has shown poor profit and revenue growth, with no significant increase over the past three years.
  • The infrastructure sector is highly sensitive to government regulations, which could impact project timelines and profitability.
  • Performance is closely tied to economic conditions; downturns could adversely affect demand for construction services.
  • While the company has reduced debt, any increase in project costs or delays may raise concerns about financial stability.

Swot Analysis for NACDAC Infrastructure IPO

Strengths

Proven Track Record, Diverse Project Portfolio, Experienced Management, Established Client Relationships

Weaknesses

Dependence on Government Contracts, Limited Brand Recognition, High Operational Costs

Opportunities

Growing Infrastructure Demand, Expansion Potential, Public-Private Partnerships

Threats

Intense Competition, Economic Fluctuations, Regulatory Compliance Risks

Company Details

NACDAC Infrastructure Limited

KF-120,Kavi Nagar,
Ghaziabad, 201002

Phone: 0120-4242881

Email: compliance.nacdac@gmail.com

Website: https://nacdacinfrastructure.com/

IPO Registar Details

Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: ipo@maashitla.com

Website: https://maashitla.com/allotment-status/public-issues

FAQs

The key objectives of NACDAC Infrastructure IPO are:

  • Working Capital
  • General Corporate Purposes

GYR Capital Advisors Private Limited is the book-running lead managers for the NACDAC Infrastructure IPO.

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