NACDAC Infrastructure IPO
- IPO Date17 Dec, 2024 to 19 Dec, 2024
- Listing Date24 Dec, 2024
- Face Value₹10 per share
- Issue Price₹33 to ₹35 per share
- Lot Size4000 Shares
- Minimum Investment₹1,40,000
- Listing AtBSE SME
- Total Issue Size28,60,000 Shares
(aggregating up to ₹10.01 Cr) - Fresh Issue28,60,000 Shares
(aggregating up to ₹10.01 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue76,65,136
- Shareholding post issue1,05,25,136
IPO Dates
Closing Date
19 Dec, 2024
Initiation of Refunds
23 Dec, 2024
Listing Date
24 Dec, 2024
17 Dec, 2024
Opening Date
20 Dec, 2024
Basis of Allotment
23 Dec, 2024
Credit of Shares
NACDAC Infrastructure 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 |
| B-HNI (Min) | - | - | - |
| S-HNI (Max) | - | - | - |
| Retail (Max) | 1 | 4000 | ₹1,40,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,80,000 |
NACDAC Infrastructure Promoter Holding
Mr Hemant Sharma, Ms Uma Sharma and Mr Ashish Saxena are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 95.9% | 67.13% |
NACDAC Infrastructure COMPANY INFORMATION
NACDAC Infrastructure IPO is a book built issue of Rs 10.01 crores. The issue is entirely a fresh issue of 28.6 lakh shares. NACDAC Infrastructure IPO opens for subscription on December 17, 2024 and closes 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 Shares. The minimum amount of investment required by retail investors is ₹140,000. The minimum lot size investment for HNI is 2 lots (8,000 shares) amounting to ₹280,000. 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. Refer to NACDAC Infrastructure IPO RHP for detailed information.
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
NACDAC Infrastructure IPO
IPO Overview and Key Highlights
NACDAC Infrastructure, a leading player in the infrastructure development sector, is offering its Initial Public Offering (IPO). This IPO includes a fresh issue of 28,60,000 equity shares at a face value of Rs 10 each. The proceeds aim to fund the company’s working capital, expansion projects, and general corporate purposes. Shares are proposed to be listed on the SME platform of BSE.
Key IPO Details
- Type of Issue: 100% Book Built Issue
- Total Issue Size: 28,60,000 equity shares
- Face Value: Rs 10 per share
- Offer Opens: December 17, 2024
- Offer Closes: December 19, 2024
- Listing Exchange: BSE SME
Company Overview
Incorporated in 2012 and headquartered in Ghaziabad, NACDAC Infrastructure specializes in residential, commercial, and infrastructure construction projects. Promoters Hemant Sharma, Uma Sharma, and Ashish Saxena have extensive experience in the industry and provide a strong foundation for the company’s growth.
Financial Overview
The company has demonstrated steady financial performance, supported by growing demand in the infrastructure and construction sectors. The IPO proceeds will be utilized to scale operations, reduce debts, and strengthen the company’s financial position.
Key Strengths of NACDAC Infrastructure
- Established Expertise: Over a decade of experience in infrastructure and construction.
- Growing Market Presence: Strong portfolio of residential and commercial projects.
- Experienced Leadership: Promoters with extensive industry knowledge.
IPO Pros and Cons
Pros
- Sectoral Growth: Positioned to benefit from increasing infrastructure development in India.
- Funds Utilization: Proceeds will enhance operational capacity and fund new projects.
- Strong Track Record: Proven expertise in delivering large-scale projects.
Cons
- Economic Dependency: Revenue tied to the real estate and construction market.
- Competitive Industry: Faces competition from well-established players.
- First Public Issue: Potential uncertainties in post-listing stock performance.
Risk Factors
Investors should consider the following risks:
- Market Volatility: Sensitivity to changes in the real estate and infrastructure sectors.
- Regulatory Challenges: Adherence to construction and environmental regulations.
- Operational Risks: Managing multiple large-scale projects simultaneously.
Conclusion
The NACDAC Infrastructure IPO provides an opportunity to invest in a growing company with a strong presence in the infrastructure development space. With experienced leadership and a robust project portfolio, the company is well-positioned for future growth. However, investors should weigh the risks related to market dependency, competition, and regulatory compliance before making an investment decision.
FAQs About Nacdac Infrastructure Ipo
NACDAC Infrastructure IPO will open on 17 Dec, 2024 and close on 19 Dec, 2024. Investors must apply within this period to participate.
The NACDAC Infrastructure IPO price band is set between ₹33.00 and ₹35.00 per share. The minimum lot size is 4000, requiring an investment of at least ₹140000.00.
The NACDAC Infrastructure IPO shares are expected to be listed on 24 Dec, 2024, subject to regulatory approvals and final allotment.
You can track your NACDAC Infrastructure IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The NACDAC Infrastructure IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.