- NACDAC Infrastructure IPO is open from December 17, 2024, to December 19, 2024.
- Price band: ₹33 to ₹35 per share.
- Minimum investment for retail investors: ₹1,40,000 (4,000 shares).
- Shares will be listed on BSE SME on December 24, 2024.
NACDAC Infrastructure Limited, a construction company, is launching its IPO to raise ₹10.01 crore through a fresh issue of 28.6 lakh shares. The IPO subscription will open on December 17, 2024, and close on December 19, 2024, with the tentative listing date on December 24, 2024, at BSE SME.
The IPO price band is set at ₹33 to ₹35 per share, with a minimum lot size of 4,000 shares. Retail investors will require a minimum investment of ₹1,40,000, while HNIs need to invest at least ₹2,80,000 for 2 lots.
NACDAC Infrastructure IPO Details at a Glance
| Particulars | Details |
|---|---|
| IPO Opening Date | December 17, 2024 |
| IPO Closing Date | December 19, 2024 |
| Price Band | ₹33 to ₹35 per share |
| Face Value | ₹10 per share |
| Lot Size | 4,000 shares |
| Total Issue Size | 28.6 lakh shares (₹10.01 Cr) |
| Type of Issue | Book Built Issue IPO |
| Market Maker Portion | 2.2 lakh shares |
| Lead Manager | GYR Capital Advisors Private Limited |
| Registrar | Maashitla Securities Private Limited |
| Market Maker | Giriraj Stock Broking |
| Listing Exchange | BSE SME |
NACDAC Infrastructure IPO Timeline (Tentative)
| Event | Date |
|---|---|
| IPO Opening Date | Tuesday, December 17, 2024 |
| IPO Closing 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 |
| UPI Mandate Confirmation | By 5 PM, December 19, 2024 |
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NACDAC Infrastructure IPO Lot Size
The IPO requires investors to bid for a minimum of 4,000 shares and in multiples thereof. Below is the detailed investment requirement for retail and High Net-worth Individuals (HNIs):
| Investor Type | Lots | Shares | Investment Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 4,000 | ₹1,40,000 |
| Retail (Maximum) | 1 | 4,000 | ₹1,40,000 |
| HNI (Minimum) | 2 | 8,000 | ₹2,80,000 |
NACDAC Infrastructure IPO Reservation
| Category | Shares Offered |
|---|---|
| Qualified Institutional Buyers (QIB) | Not more than 50% of the Net Issue |
| Retail Investors | Not less than 35% of the Net Issue |
| Non-Institutional Investors (HNI) | Not less than 15% of the Net Issue |
About NACDAC Infrastructure Limited
Incorporated in 2012, NACDAC Infrastructure Limited is a construction company specializing in multi-story buildings and structural projects across residential, commercial, and institutional sectors. The company is registered as a Class A contractor with the Uttarakhand Peyjal Sansadhan Vikas Evum Nirman Nigam and holds ISO certification.
Core Services of NACDAC Infrastructure Limited:
- Multi-story buildings and steel structure works
- Civil and structural construction
- Housekeeping and manpower supply
- Bridges: Foot Over Bridges (FOBs) and Road Over Bridges (ROBs)
- Electrical works: Low-Tension (LT) and High-Tension (HT)
Key Achievements:
- Successfully completed 45 projects across government and private sectors.
- Sub-contracted infrastructure projects for the Government of India and Uttarakhand government.
As of March 31, 2024, NACDAC Infrastructure Limited employs 27 professionals.
NACDAC Infrastructure Financial Performance
The company has shown strong financial growth between FY 2023 and FY 2024, with significant increases in revenue and profitability.
| Financial Metrics | 31-Oct-2024 | 31-Mar-2024 | 31-Mar-2023 | 31-Mar-2022 |
|---|---|---|---|---|
| Revenue (₹ Lakhs) | 1,376.22 | 3,633.22 | 1,173.92 | 1,032.10 |
| Profit After Tax (₹ Lakhs) | 160.42 | 316.90 | 31.55 | 31.55 |
| Total Assets (₹ Lakhs) | 3,022.78 | 2,459.76 | 1,246.09 | 900.80 |
| Net Worth (₹ Lakhs) | 1,361.22 | 1,200.80 | 581.20 | 487.77 |
| Total Borrowing (₹ Lakhs) | 811.17 | 643.24 | 9.49 | 189.92 |
Objects of the IPO
The proceeds from the IPO will be utilized for the following purposes:
- General Corporate Purposes
- Working Capital Requirements
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice or an endorsement of any IPO or investment opportunity. While we strive to ensure the accuracy of the details shared, the content is based on publicly available information, research, and reports from credible sources. Readers are advised to verify the details independently and consult with a financial advisor before making any investment decisions.Stay informed and exercise caution while making financial decisions.
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