NACDAC Infrastructure IPO

NiftyTrader • December 11, 2024

Post Views: 90

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.

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 Details

IPO Date	December 17, 2024 to December 19, 2024
Listing Date	[.]
Face Value	₹10 per share
Price	₹33 to ₹35 per share
Lot Size	4000 Shares
Total Issue Size	2,860,000 shares (aggregating up to ₹10.01 Cr)
Fresh Issue	2,860,000 shares (aggregating up to ₹10.01 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE SME
Shareholding pre-issue	7,665,136
Share holding post issue	10,525,136
Market Maker portion	220,000 shares

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	₹140,000
Retail (Max)	1	4000	₹140,000
S-HNI (Min)	2	8000	₹280,000

NACDAC Infrastructure IPO Objectives

The company intend to utilize the proceeds of the Issue to meet the following objects:

Working Capital
General Corporate Purposes

About NACDAC Infrastructure

Incorporated in 2012, NACDAC Infrastructur 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:

Relationship with the clients

Proven track record of efficient execution of civil projects

Experienced Promoters with strong management team

Wide range of services

Work Order

NACDAC Infrastructure Financial Information

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	31.55	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

NACDAC Infrastructure IPO Reservation

Investor Category	Shares Offered
QIB Shares Offered	Not more than 50% of the Net Issue
Retail Shares Offered	Not less than 35% of the Net Issue
NII (HNI) Shares Offered	Not less than 15.00% of the Net Issue

NACDAC Infrastructure IPO Timeline (Tentative Schedule)

NACDAC Infrastructure 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
A 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