NACDAC Infrastructure IPO is a book built issue of Rs 10.01 crores. The issue is entirely a fresh issue of 28.60 lakh shares.
NACDAC Infrastructure IPO bidding opened for subscription on December 17, 2024 and will close on December 19, 2024. The allotment for the NACDAC Infrastructure IPO is expected to be finalized on Friday, December 20, 2024. NACDAC Infrastructure IPO will list on BSE SME with tentative listing date fixed as Tuesday, December 24, 2024.
NACDAC Infrastructure IPO price band is set at ₹33 to ₹35 per share. The minimum lot size for an application is 4000. The minimum amount of investment required by retail investors is ₹1,40,000. The minimum lot size investment for HNI is 2 lots (8,000 shares) amounting to ₹2,80,000.
GYR Capital Advisors Private Limited is the book running lead manager of the NACDAC Infrastructure IPO, while Maashitla Securities Private Limited is the registrar for the issue.The market maker for NACDAC Infrastructure IPO is Giriraj Stock Broking Private Limited.
Refer to NACDAC Infrastructure IPO RHP for detailed information.
NACDAC Infrastructure IPO Details
| IPO Date | December 17, 2024 to December 19, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹33 to ₹35 per share |
| Lot Size | 4,000 Shares |
| Total Issue Size | 28,60,000 shares (aggregating up to ₹10.01 Cr) |
| Fresh Issue | 28,60,000 shares (aggregating up to ₹ 10.01 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 76,65,136 shares |
| Share Holding Post Issue | 1,05,25,136 shares |
| Market Maker Portion | 2,20,000 shares Giriraj Stock Broking Private Limited |
NACDAC Infrastructure IPO Reservation
NACDAC Infrastructure IPO offers 28,60,000 shares. 5,20,000 (18.18%) to QIB, 4,00,000 (13.99%) to NII, 9,40,000 (32.87%) to RII and 7,80,000 (27.27%) to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 7,80,000 (27.27%) |
| Market Maker Shares Offered | 2,20,000 (7.69%) |
| QIB Shares Offered | 5,20,000 (18.18%) |
| NII (HNI) Shares Offered | 4,00,000 (13.99%) |
| Retail Shares Offered | 9,40,000 (32.87%) |
| Total Shares Offered | 28,60,000 (100%) |
NACDAC Infrastructure IPO Anchor Investors Details
NACDAC Infrastructure IPO raises Rs 2.73 crore from anchor investors. NACDAC Infrastructure IPO Anchor bid date is December 16, 2024.NACDAC Infrastructure IPOAnchor Investors list
| Bid Date | December 16, 2024 |
| Shares Offered | 7,80,000 |
| Anchor Portion Size (In Cr.) | 2.73 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 19, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 20, 2025 |
NACDAC Infrastructure IPO Timeline (Tentative Schedule)
NACDAC Infrastructure IPO IPO opens on December 17, 2024, and closes on December 19, 2024.
| IPO Open Date | Tuesday, December 17, 2024 |
| IPO Close Date | Thursday, December 19, 2024 |
| Basis of Allotment | Friday, December 20, 2024 |
| Initiation of Refunds | Monday, December 23, 2024 |
| Credit of Shares to Demat | Monday, December 23, 2024 |
| Listing Date | Tuesday, December 24, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 19, 2024 |
NACDAC Infrastructure IPO Lot Size
Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,40,000 |
| Retail (Max) | 1 | 4000 | ₹1,40,000 |
| HNI (Min) | 2 | 8,000 | ₹2,80,000 |
| Lot Size Calculator | |||
NACDAC Infrastructure IPO Promoter Holding
Mr Hemant Sharma, Ms Uma Sharma and Mr Ashish Saxena are the promoters of the company.
| Share Holding Pre Issue | 95.9% |
| Share Holding Post Issue | 67.13% |
About NACDAC Infrastructure Limited
Incorporated in 2012, NACDAC Infrastructure Limited is a construction company specializing in the construction of multi-story buildings, residential, commercial, and institutional structures.
The company is a Class A contractor registered with Uttarakhand Peyjal Sansadhan Vikas Evum Nirman Nigam and is also ISO certified.
The company’s primary focus is on Civil and Structural construction, including multi-story buildings, steel structure works, housekeeping and manpower supply, bridges (FOBs and ROBs), and related civil, structural, and electrical works (both Low-Tension and High-Tension).
The Company has completed 45 projects. The company works for government agencies and private companies and has completed several projects for the Government of India and Uttarakhand. The company also undertakes sub-contracts for third-party infrastructure and construction projects.
As of March 31, 2024, The Company has 27 employees on payroll.
Competitive Strength:
- Proven track record of efficient execution of civil projects
- Experienced Promoters with strong management team
- Wide range of services
- Work Order
- Relationship with the clients
Company Financials
NACDAC Infrastructure Limited Financial Information (Restated)
NACDAC Infrastructure Limited’s revenue increased by 209.49% and profit after tax (PAT) rose by 464.38% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Oct 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 3,022.78 | 2,459.76 | 1,246.09 | 900.80 |
| Revenue | 1,376.22 | 3,633.22 | 1,173.92 | 1,032.10 |
| Profit After Tax | 160.42 | 316.90 | 56.15 | 31.55 |
| Net Worth | 1,361.22 | 1,200.80 | 581.20 | 487.77 |
| Reserves and Surplus | 594.71 | 434.29 | 117.05 | 47.19 |
| Total Borrowing | 811.17 | 643.24 | 9.49 | 189.92 |
| Amount in ₹ Lakhs | ||||
Key Performance Indicator
The market capitalization of NACDAC Infrastructure IPO is Rs 36.84 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 35.57% |
| ROCE | 25.88% |
| Debt/Equity | 0.54 |
| RoNW | 26.39% |
| PAT Margin | 8.73 |
| Price to Book Value | 1.87 |
Check NACDAC Infrastructure IPO Peer Comparison here.
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 0.73 | 2.45 |
| P/E (x) | 47.78 | 14.28 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2023 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of January 31, 2024 that is available in RHP.
Objects of the Issue (NACDAC Infrastructure IPO Objectives)
The company intend to utilize the proceeds of the Issue to meet the following objects:
- Working Capital
- General Corporate Purposes
NACDAC Infrastructure IPO Review (Apply)
[Dilip Davda] The company specialized in comprehensive range of civil and structural services. After static performance for FY22 and FY23, it marked boosted performance from FY24 onwards. It has order book worth Rs. 88.33 cr. as of October 31, 2024, indicating its future prospects. Based on its FY25 annualized performance, the issue appears reasonably priced. Investors may park funds for long term. Read detail review…
NACDAC Infrastructure IPO Subscription Status (Bidding Detail)
The NACDAC Infrastructure IPO is subscribed 456.07 times on December 18, 2024 4:25:08 PM (Day 2). The public issue subscribed 738.68 times in the retail category, 2.65 times in the QIB category, and 381.38 times in the NII category. Check Day by Day Subscription Details (Live Status) Reload Subscription
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 2.65 | 5,20,000 | 13,76,000 | 4 |
| NII* | 381.38 | 4,00,000 | 15,25,52,000 | 10,928 |
| Retail | 738.68 | 9,40,000 | 69,43,56,000 | 1,73,635 |
| Total | 456.07 | 18,60,000 | 84,82,84,000 | 1,93,557 |
Total Application : 1,93,557
*Market Maker portion is not included to NII/HNI.
NACDAC Infrastructure IPO Prospectus
- › NACDAC Infrastructure IPO DRHP
- › NACDAC Infrastructure IPO RHP
- › Anchor Investors in NACDAC Infrastructure IPO
NACDAC Infrastructure Limited Contact Details
NACDAC Infrastructure Limited
KF-120,
Kavi Nagar,
Ghaziabad, 201002
Phone: 0120-4242881
Email: compliance.nacdac@gmail.com
Website: https://nacdacinfrastructure.com/
NACDAC Infrastructure IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues