December 21, 2024
admin
NACDAC Infrastrucutre IPO GMP grey market premium, review, Subscription, allotment, listing estimate @
Chanakyanipothi.com, a legacy of 31 Years.
India`s Oldest Investment & IPO website.
Most Trusted by Investors across India.
Table of Contents
NACDAC Infrastrucutre listing Review
Will give detailed review on listing of this IPO
NACDAC Infrastrucutre IPO allotment Link
For latest GMP, Click
Subscription status of NACDAC Infrastrucutre IPO
|
NACDAC Infrastructure IPO Price Rs. 35 Lot 4000 shares, Rs. 10.01 Crore |
||||
| QIB | NII x | RII x | Total x | Applications |
| 236.39 | 4084.36 | 2503.68 | 2209.74 | 7,56,681 |
| Amount wise bids recd. Rs. ? Crore | ||||
| Note: | ||||
What is the business of NACDAC Infrastrucutre?
Founded in 2012, NACDAC Infrastructure Limited is a construction company specializing in the development of multi-story buildings, as well as residential, commercial, and institutional structures.
The company holds Class A contractor registration with Uttarakhand Peyjal Sansadhan Vikas Evum Nirman Nigam and is ISO certified.
NACDAC Infrastructure’s core expertise lies in civil and structural construction, which includes 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).
To date, the company has successfully completed 45 projects. NACDAC works with both government agencies and private sector clients, having completed numerous projects for the Government of India and the state of Uttarakhand. Additionally, the company undertakes sub-contracts for third-party infrastructure and construction projects.
As of March 31, 2024, NACDAC Infrastructure employed 27 individuals on its payroll.
Get more information about the company @ https://nacdacinfrastructure.com/
|
NACDAC Infrastrucutre IPO Details |
|
| IPO opens on | 17 December 2024 |
| IPO closes on | 19 December 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 2860000 Shares / Rs 10.01 Crore |
| * Fresh Issue | 2860000 Shares / Rs 10.01 Crore |
| * Offer for Sale – | – shares / Rs. – crore |
| Market Maker Portion | 220000 Shares |
| Net offer to Public | 2640000 Shares/ Rs.9.24 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 33-35 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 4000 Shares |
| Listing will at | BSE SME |
Shares offered in IPO |
||
| Shares | Rs. (Crore) | |
| QIB (50%) | 1320000 | 4.62 |
| NII (15%) | 396000 | 1.39 |
| RII (35%) | 924000 | 3.23 |
| Total Shares | 2640000 | 9.24 |
| Retail portion will be oversubscribed by |
231 | |
| Forms | ||
| How much Shares to Apply in this IPO? | ||
| Min Retail Application | 4000 Shares | Rs.140000 |
| Min HNI Application | 8000 Shares | Rs. 280000 |
Who are the Promoters of NACDAC Infrastrucutre?
Mr Hemant Sharma, Ms Uma Sharma and Mr Ashish Saxena are the promoters of the company.
What are the Objects of NACDAC Infrastrucutre IPO?
The Offer comprises of fresh issue of shares.
The company intend to utilize the proceeds of the Issue to meet the following objects:
- Working Capital
- General Corporate Purposes
Tentative timetable |
|
| IPO opens on | 17 December 2024 |
| IPO Closes on | 19 December 2024 |
| IPO Allotment on | 20 December 2024 |
| Refund Initiation | 23 December 2024 |
| Credit of Shares | 23 December 2024 |
| Listing on | 24 December 2024 |
| Registered Office of the Company NACDAC Infrastructure Limited KF-120, Kavi Nagar, Ghaziabad, 201002 |
| Who is the Lead Manager of this IPO? GYR Capital Advisors Private Limited |
|
Who is the Registrar to IPO? |
NACDAC Infrastrucutre IPO GMP grey market premium, review, Subscription, allotment, listing estimate
|
NACDAC Infrastrucutre IPO Financial & Analytical Ratios |
||||
| Year | Total Income |
Net Profit |
EPS | RoNW |
| Rs.in Crore | Rs.in Crore | Rs. | % | |
| 2021-22 | 10.32 | 0.31 | 0.44 | 6.51 |
| 2022-23 | 11.74 | 0.31 | 0.75 | 9.66 |
| 2023-24 | 36.33 | 3.17 | 4.14 | 26.39 |
| Book Value of the Share on 31.03.2024 |
Rs | 15.67 | ||
| BV of the Share at cap price after IPO |
Rs. | |||
| Offer Price/upper band | Rs. | 35 | ||
Key Performance
|
|
| Price/EPS of 23-24 | 8.45 |
| Price/BV Ratio | 2.23 |
| Debt/Equity Ratio | 0.54 |
How NACDAC Infrastrucutre IPO compares with the Peers?
| As on date of RHP | FV | Total | PE |
| Rs. | Income | Ratio of | |
| Rs. In Crore | |||
| Yash Highvoltage | 5 | – | ? |
| Crompton Greaves Power | 2 | 78.53 | |
| Hitachi Energy | 2 | 309.78 | |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
NACDAC Infrastrucutre IPO Review
NACDAC Infrastructure Limited, a construction firm specializing in multi-story buildings, has successfully completed 45 projects to date.
The company is raising Rs 9.24 crore through its IPO (net of market maker portion), with the retail portion likely to be oversubscribed after just 231 applications—indicating strong demand. The lead manager, GYR Capital Advisors, has a solid track record in managing listings, adding credibility to the offering.
However, the most notable aspect of this IPO is the sharp increase in the company’s profits for the fiscal year 2023-24. While NACDAC earned a modest net profit of Rs. 31 lakh in the previous two years, its profit has surged to Rs. 3.17 crore in 2023-24. This dramatic rise raises questions about sustainability. If the company can maintain this elevated profit level, the IPO could deliver strong returns to investors.
+ from fundamental angle: May Apply
+ from grey market angle: Apply
Quicklinks
NACDAC Infrastructure IPO GMP today allotment, review?
NACDAC Infrastructure IPO GMP grey market premium
Emerald Tyre
