NACDAC Infrastructure is set to launch its initial public offering (IPO) from December 17 to December 19, 2024, aiming to raise approximately ₹10.01 crores. The company specializes in the construction of multi-story buildings, including residential, commercial, and institutional projects, positioning itself as a significant player in the infrastructure sector. The IPO price band is fixed between ₹33 and ₹35 per equity share, with a minimum lot size of 4,000 shares.
₹31.5
₹35
₹66.5
Expert Opinions
Market sentiment for the NACDAC Infrastructure IPO is cautiously optimistic, reflecting a growing interest in the construction sector amid increasing infrastructure development in India. Company strengths include a solid track record of revenue growth, with reported revenues rising from ₹10.32 crores in FY22 to ₹11.74 crores in FY23, showcasing its operational efficiency. However, risks and challenges involve potential regulatory hurdles and competition within the construction industry that could impact profitability.
The valuation analysis sets the IPO price band between ₹33 and ₹35 per share for a total issue size of approximately ₹10.01 crores, which appears reasonable given the company’s growth potential. From a long-term investment perspective, NACDAC Infrastructure is well-positioned to benefit from ongoing government initiatives in infrastructure development.
Investor Considerations
Investors considering the NACDAC Infrastructure IPO should evaluate several important factors. Company performance and fundamentals show a steady revenue growth of approximately 13.72% over the past year, indicating operational stability. The sector outlook is promising, as India continues to invest heavily in infrastructure development, which is expected to drive demand for construction services. The IPO valuation is set between ₹33 and ₹35 per share, aiming to raise around ₹10.01 crores, which appears reasonable given the company’s growth potential.
Growth prospects are enhanced by plans to expand its project portfolio and increase operational capacity. However, risk factors include potential regulatory challenges and competition in the construction sector that could impact margins. A long-term investment horizon is advisable, as NACDAC Infrastructure is well-positioned to benefit from ongoing infrastructure projects, making it an attractive option for investors looking to tap into this vital sector.
| Date | GMP | Trend |
|---|---|---|
| 23 Dec 2024 11.51 | ₹31.5 | --- |
| 22 Dec 2024 12.07 | ₹31.5 | --- |
| 21 Dec 2024 12.01 | ₹31.5 | Down |
| 20 Dec 2024 10.44 | ₹50 | --- |
| 19 Dec 2024 18.09 | ₹50 | Up |
| 18 Dec 2024 11.54 | ₹31.5 | --- |
| 17 Dec 2024 12.13 | ₹31.5 | --- |
| 16 Dec 2024 18.05 | ₹31.5 | Up |
| 15 Dec 2024 13.25 | ₹30 | --- |
| 14 Dec 2024 17.23 | ₹30 | Up |
| 13 Dec 2024 11.23 | ₹20 | --- |
| 12 Dec 2024 12.50 | ₹20 | Up |
| 11 Dec 2024 12.47 | ₹00 | --- |
FAQs
The Grey Market Premium showed perfect accuracy in predicting NACDAC Infrastructure’s listing performance. The GMP of ₹31.50 predicted a premium of 90% over the issue price, and the stock delivered exactly the same gain of 90%. With zero prediction error, the GMP perfectly captured both the direction and magnitude of the listing gains, demonstrating exceptional precision in this case.
NACDAC Infrastructure IPO Current GMP is ₹31.5.
NACDAC Infrastructure IPO Expected Returns is 90.00%.
NACDAC Infrastructure IPO estimated listing price is ₹66.5.