NACDAC Infrastructure IPO vs Newmalayalam Steel IPO

Comparison between NACDAC Infrastructure IPO and Newmalayalam Steel IPO.

IPO Details

NACDAC Infrastructure IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Newmalayalam Steel IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of NACDAC Infrastructure IPO is up to ₹9.24 Cr whereas the issue size of the Newmalayalam Steel IPO is up to ₹39.66 Cr. The final issue price of NACDAC Infrastructure IPO is ₹35.00 per share and of Newmalayalam Steel IPO is ₹90.00 per share.

 NACDAC Infrastructure IPONewmalayalam Steel IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹33.00 per share₹85.00 per share
Issue Price (Upper)₹35.00 per share₹90.00 per share
Issue Price (Final)₹35.00 per share₹90.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares1600 shares
Fresh Issue Size26,40,000 shares44,06,400 shares
Fresh Issue Size (Amount)up to ₹9.24 Crup to ₹39.66 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,40,000 shares44,06,400 shares
Issue Size Total (Amount)up to ₹9.24 Crup to ₹39.66 Cr

IPO Timetable

NACDAC Infrastructure IPO opens on Dec 17, 2024, while Newmalayalam Steel IPO opens on Dec 19, 2024. The closing date of NACDAC Infrastructure IPO and Newmalayalam Steel IPO is Dec 19, 2024, and Dec 23, 2024, respectively.

 NACDAC Infrastructure IPONewmalayalam Steel IPO
Anchor Bid DateDec 16, 2024
Issue OpenDec 17, 2024Dec 19, 2024
Issue CloseDec 19, 2024Dec 23, 2024
Basis Of Allotment (Tentative)Dec 20, 2024Dec 24, 2024
Initiation of Refunds (Tentative)Dec 23, 2024Dec 26, 2024
Credit of Share (Tentative)Dec 23, 2024Dec 26, 2024
Listing date (Tentative)Dec 24, 2024Dec 27, 2024
Anchor Lockin End date 1Jan 19, 2025
Anchor Lockin End date 2Mar 20, 2025

Financials & KPIs

NACDAC Infrastructure IPO P/E ratio is 47.78, as compared to Newmalayalam Steel IPO P/E ratio of 26.67.

 NACDAC Infrastructure IPONewmalayalam Steel IPO
Financials

Company Financials (Restated)

Period Ended31 Oct 202431 Mar 202431 Mar 202331 Mar 2022
Assets30.2324.6012.469.01
Total Income13.7636.3311.7410.32
Profit After Tax1.603.170.560.32
NET Worth13.6112.015.814.88
Reserves and Surplus5.954.341.170.47
Total Borrowing8.116.430.091.90
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets110.33112.0887.3590.02
Total Income155.34303.15359.96323.61
Profit After Tax5.194.276.006.73
NET Worth45.6640.4736.2030.20
Reserves and Surplus33.0227.8223.5617.55
Total Borrowing39.1859.1128.1549.20
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.999.8
Promoter Shareholding (Post-Issue)69.8473.02
P/E Ratio47.7826.67
Market Cap₹36.84 Cr.₹155.59 Cr.
ROE35.5710.55
ROCE25.8817.60
Debt/Equity0.54
EPS₹0.73₹3.38
RoNW26.3910.55

Shares Offered

In the NACDAC Infrastructure IPO Retail Individual Investors (RII) are offered 9,40,000 shares while in Newmalayalam Steel IPO retail investors are offered 9,40,000 shares. Qualified Institutional Buyers (QIB) are offered 5,20,000 shares in NACDAC Infrastructure IPO and 4,41,600 shares in Newmalayalam Steel IPO.

 NACDAC Infrastructure IPONewmalayalam Steel IPO
Anchor Investor Reservation7,80,000 shares
Market Maker Reservation2,20,000 shares2,33,600 shares
QIB5,20,000 shares4,41,600 shares
NII4,00,000 shares19,80,800 shares
RII9,40,000 shares19,84,000 shares
Employee
Others
Total26,40,000 shares44,06,400 shares

Bids Received (Subscription)

NACDAC Infrastructure IPO subscribed 1,556.88x in total, whereas Newmalayalam Steel IPO subscribed 50.69x.

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