Bookbuilding IPO | ₹10 Cr | Listed at BSE SME | Tue, Dec 17, 2024 - Thu, Dec 19, 2024
NACDAC Infrastructure IPO is a book build issue of ₹10.01 crores. The issue is entirely a fresh issue of 0.29 crore shares of ₹10.01 crore.
NACDAC Infrastructure IPO bidding started from Dec 17, 2024 and ended on Dec 19, 2024. The allotment for NACDAC Infrastructure IPO was finalized on Dec 20, 2024. The shares got listed on BSE SME on Dec 24, 2024.
NACDAC Infrastructure IPO price band is set at ₹35 per share. The lot size for an application is 4,000. The minimum amount of investment required by an retail is ₹1,40,000 (4000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (8,000 shares), amounting to ₹2,80,000.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd..
Refer to NACDAC Infrastructure IPO RHP for detailed Information.
IPO Open
Tue, Dec 17, 2024
IPO Close
Thu, Dec 19, 2024
Issue Price
₹35 per share
Market Cap (Pre-IPO)
₹36.84 Cr
| IPO Date | 17 to 19 Dec, 2024 |
| Listed on | Tue, Dec 24, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹33 to ₹35 |
| Issue Price | ₹35 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 28,60,000 shares (agg. up to ₹10 Cr) |
| Reserved for Market Maker | 2,20,000 shares Giriraj Stock Broking Pvt.Ltd. (agg. up to ₹0.7700 Cr) |
| Fresh Issue (Ex Market Maker) | 26,40,000 shares (agg. up to ₹9 Cr) |
| Net Offered to Public | 26,40,000 shares (agg. up to ₹9 Cr) |
| Share Holding Pre Issue | 76,65,136 shares |
| Share Holding Post Issue | 1,05,25,136 shares |
| BSE Script Code | 544313 |
| ISIN | INE0LB101011 |
NACDAC Infrastructure IPO comprises a total issue size of 28,60,000 shares. The net offer to the public is 26,40,000 shares, after excluding 2,20,000 shares allotted on a firm basis. Of the Net offer 13,00,000 (49.24%) are allocated to QIB, 4,00,000 (15.15%) allocated to NII 9,40,000 (35.61%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 13,00,000 | 49.24% | 45.45% |
| − Anchor Investor Shares Offered | 7,80,000 | 27.27% | |
| − QIB (Ex. Anchor) Shares Offered | 5,20,000 | 18.18% | |
| NII (HNI) Shares Offered | 4,00,000 | 15.15% | 13.99% |
| Retail Shares Offered | 9,40,000 | 35.61% | 32.87% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,20,000 | 7.69% | |
| Total Shares Offered | 28,60,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,40,000 |
| Retail (Max) | 1 | 4,000 | ₹1,40,000 |
| HNI (Min) | 2 | 8,000 | ₹2,80,000 |
NACDAC Infrastructure IPO raises ₹2.73 crore from anchor investors. NACDAC Infrastructure IPO Anchor bid date is December 16, 2024.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Dec 16, 2024 |
| Shares Offered | 7,80,000 |
| Anchor Portion (₹ Cr.) | 2.73 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sun, Jan 19, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Thu, Mar 20, 2025 |
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:
| Period Ended | 31 Oct 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 30.23 | 24.60 | 12.46 | 9.01 |
| Total Income | 13.76 | 36.33 | 11.74 | 10.32 |
| Profit After Tax | 1.60 | 3.17 | 0.56 | 0.32 |
| NET Worth | 13.61 | 12.01 | 5.81 | 4.88 |
| Reserves and Surplus | 5.95 | 4.34 | 1.17 | 0.47 |
| Total Borrowing | 8.11 | 6.43 | 0.09 | 1.90 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital | 7.50 |
| 2 | General Corporate Purposes | 1.42 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 35.57% |
| ROCE | 25.88% |
| Debt/Equity | 0.54 |
| RoNW | 26.39% |
| PAT Margin | 8.73% |
| Price to Book Value | 1.87 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 0.73 | 2.45 |
| P/E (x) | 47.78 | 14.28 |
| Promoter Holding | 95.9% | 69.84% |
| Market Cap | ₹36.84 Cr. |
The NACDAC Infrastructure IPO is subscribed 2,209.76 times on December 19, 2024 6:19:08 PM (Day 3). The public issue subscribed 2,503.66 times in the retail category, 236.39 times in the QIB category, and 4,084.46 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 236.39 | 5,20,000 | 12,29,24,000 | 122 |
| NII* | 4,084.46 | 4,00,000 | 1,63,37,84,000 | 52,477 |
| Retail | 2,503.66 | 9,40,000 | 2,35,34,44,000 | 5,88,449 |
| Total | 2,209.76 | 18,60,000 | 4,11,01,52,000 | 7,56,681 |
Total Application : 7,56,681
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including Merchant Banking fees, Underwriting fees and payment to other intermediaries such as Legal Counsel, Registrars, Banker and other out of pocket expenses | 0.98 |
| 2 | Advertising and Marketing Expenses | 0.04 |
| 3 | Fees payable to the stock exchange(s) | 0.04 |
| 4 | Selling Commission and expenses | 0.03 |
| 5 | Printing & Stationery, Distribution, Postage, etc. | 0.00 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹35.00 |
| Open | ₹66.50 |
| Low | ₹66.50 |
| High | ₹69.82 |
| Last Trade | ₹69.82 |
Lead Manager Reports
NACDAC Infrastructure IPO is a SME IPO of 28,60,000 equity shares of the face value of ₹10 aggregating up to ₹10 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 4000.
The IPO opens on Tue, Dec 17, 2024, and closes on Thu, Dec 19, 2024.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in NACDAC Infrastructure IPO using UPI as a payment gateway. Zerodha customers can apply in NACDAC Infrastructure IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in NACDAC Infrastructure IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The NACDAC Infrastructure IPO opens on Tue, Dec 17, 2024 and closes on Thu, Dec 19, 2024.
NACDAC Infrastructure IPO lot size is 4000, and the minimum amount required for application is ₹1,40,000.
You can apply in NACDAC Infrastructure IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for NACDAC Infrastructure IPO will be done on Friday, December 20, 2024, and the allotted shares will be credited to your demat account by Mon, Dec 23, 2024. Check the NACDAC Infrastructure IPO allotment status.
The NACDAC Infrastructure IPO listing date is on Tue, Dec 24, 2024.
