nacdac infrastructure ltd ipo

NACDAC Infrastructure IPO

  • Status: Closed
  • RHP:
  • ₹ 132,000 / 4000 shares

    Minimum Investment

IPO Details

  • Open Date

    17 Dec 2024

  • Close Date

    19 Dec 2024

  • IPO Price Range

    ₹ 33 - ₹ 35

  • IPO Size

    ₹ 10.01 Cr

  • Listing Exchange

    BSE SME

  • Listing Date

    24 Dec 2024

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NACDAC Infrastructure IPO Subscription Status

Last Updated: 19 December 2024 6:11 PM by 5Paisa

NACDAC Infrastructure IPO is set to open on 17 December 2024 and will close on 19 December 2024. NACDAC Infrastructure is a construction company specializing in the development of multi-story buildings, residential, commercial, and institutional structures.
 
The IPO is a fresh issue of 0.29 Cr shares aggregating to ₹10.01 Cr. The price range is set at ₹33 to₹35 per share and the lot size is 4000 shares. 

The allotment is scheduled to be finalised on 20 December 2024. It will go public on BSE SME, with a tentative listing date of 24 December 2024.

GYR Capital Advisors Pvt. Ltd is the book running lead manager, while Maashitla Securities Pvt Ltd is the registrar. 

NACDAC IPO Size

Types Size
Total IPO Size ₹10.01 Cr.
Offer For Sale -
Fresh Issue ₹10.01 Cr.

 

NACDAC IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 4000 ₹132,000
Retail (Max) 1 4000 ₹132,000
HNI (Min) 2 8000 ₹264,000

NACDAC IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 236.39 5,20,000 12,29,24,000 430.23
NII (HNI) 4,084.46 4,00,000 1,63,37,84,000 5,718.24
Retail 2,503.66 9,40,000 2,35,34,44,000    8,237.05
Total** 2,209.76 18,60,000 4,11,01,52,000 14,385.53

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

NACDAC IPO Anchor Allocation

Anchor Bid Date 16 December, 2024
Shares Offered 7,80,000
Anchor portion Size (In ₹ Cr.) 2.73
Anchor lock-in period end date for 50% shares (30 Days) 19 January, 2025
Anchor lock-in period end date for remaining shares (90 Days) 20 March, 2025

 

1. Working Capital
2. General corporate purposes
 

NACDAC Infrastructure Limited, established in 2012, is a construction company specializing in the development of multi-story buildings, residential, commercial, and institutional structures. A Class A contractor registered with the Uttarakhand Peyjal Sansadhan Vikas Evum Nirman Nigam, the company holds ISO certification. NACDAC focuses on civil and structural construction, including the construction of steel structures, bridges (FOBs and ROBs), and both low and high-tension electrical works, along with housekeeping and manpower supply services.

With 45 completed projects, NACDAC has built a strong reputation in both the private and government sectors, having worked on several initiatives for the Government of India and Uttarakhand. The company also takes on sub-contracts for third-party infrastructure projects. As of March 31, 2024, NACDAC employs 27 staff members. Its competitive strengths include a proven track record of efficient project execution, an experienced management team, and strong client relationships, making it a trusted name in the construction industry.
 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY21 FY22 FY23
Revenue 6.60 10.32 11.74
EBITDA 0.47 0.73 1.05
PAT 0.08 0.32 0.56
Particulars (in Rs. Crores) FY21 FY22 FY23
Total Assets 10.06 9.02 12.47
Share Capital 0.21 4.38 4.64
Total Borrowings 2.38 1.90 0.09
Particulars (in Rs. Crores) FY21 FY22 FY23
Net Cash Generated From / (used in) operating activities -0.74 -1.41 1.64
Net Cash Generated From / (used in) investing activities - -0.04 -0.94
Net Cash Generated From / (used in) financing activities -1.63 0.80 2.47
Net Increase (Decrease) In Cash And Cash Equivalents 0.01 -0.66 0.78

Strengths

1. Proven track record of efficient execution in civil and structural construction projects.
2. ISO certification and Class A contractor status ensure high industry standards.
3. Strong management team with experienced promoters in the construction sector.
4. Wide range of services, including steel structures, bridges, and electrical works.
5. Established relationships with government and private clients, fostering trust and repeat business.

Risks

1. Limited workforce with only 27 employees, potentially limiting scalability.
2. Reliance on government contracts, exposing vulnerability to policy changes.
3. Heavy competition in the infrastructure sector may impact profit margins.
4. Limited geographical reach, primarily focusing on Uttarakhand and surrounding regions.
5. Dependency on sub-contracts for third-party projects may affect project control.
 

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FAQs

NACDAC IPO opens from 17 December to 19 December 2024.

The size of NACDAC IPO is ₹10.01 Cr.

The price of NACDAC IPO is fixed at ₹33 to ₹35 per share. 

To apply for NACDAC Infrastructure IPO, follow the steps given below:

● Login to your 5paisa account and select the issue in the current IPO section    
● Enter the number of lots and the price at which you wish to apply for the NACDAC Infrastructure  IPO.    
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    \

You will receive a mandate notification to block funds in your UPI app.

The minimum lot size of NACDAC IPO is 4000 shares and the investment required is ₹132,000.
 

The share allotment date of NACDAC IPO is 20 December 2024

The NACDAC IPO will be listed on 24 December 2024.

GYR Capital Advisors Pvt. Ltd is the book-running lead manager for NACDAC IPO.

NACDAC plans to utilize the raised capital from the IPO for:

1. Working Capital
2. General Corporate Purposes