NACDAC Infrastructure Limited is set to launch its IPO. The IPO will open on 17 December 2024 (Tuesday) and close on 19 December 2024 (Thursday). This is a Book Built issue. Through this issue, the company aims to raise approximately ₹10.01 crores from potential investors.
The IPO consists entirely of a fresh issue of 28,60,000 equity shares amounting to ₹10.01 crores. The face value of the shares is ₹10 per share, and the issue price is set between ₹33 and ₹35 per share. Investors can bid for a minimum lot size of 4,000 shares.
IPO Key Highlights
| Category | Detail | Information |
|---|---|---|
| Key Dates | IPO Open Date | December 17, 2024 |
| IPO Close Date | December 19, 2024 | |
| Pricing Information | Face Value | ₹10 per share |
| Price Band | ₹33 to ₹35 per share | |
| Offer Structure | Total Issue Size | 2,860,000 shares (amounting up to ₹10.01 Cr) |
| Fresh Issue | 2,860,000 shares (amounting up to ₹10.01 Cr) | |
| Investor Details | Lot Size | 4,000 Shares |
| Listing Exchange | BSE SME | |
| IPO Type | Book Built Issue IPO |
Important Dates to Remember
| Event | Date |
|---|---|
| IPO Opening Date | 17 December, 2024 (Tuesday) |
| IPO Closing Date | 19 December, 2024 (Thursday) |
| Basis of Allotment of Equity Shares | 20 December, 2024 (Friday) |
| Initiation of Refunds | 23 December, 2024 (Monday) |
| Credit of Shares to Demat Account | 23 December, 2024 (Monday) |
| Listing Date | 24 December, 2024 (Tuesday) |
What is GMP of NACDAC Infrastructure Ltd IPO Today?
As of December 14, 2024, the Grey Market Premium (GMP) for the NACDAC Infrastructure Ltd IPO is ₹40. This indicates that the shares are expected to list at approximately ₹75 per share.
Note: GMP is an unofficial indicator and is based on market speculation; it does not guarantee actual listing performance.
Company Financials
| Period | 31 Oct 2024 (₹ Lakhs) | FY 2024 (₹ Lakhs) | FY 2023 (₹ Lakhs) | FY 2022 (₹ Lakhs) |
|---|---|---|---|---|
| Total Assets | 3,022.78 | 2,459.76 | 1,246.09 | 900.80 |
| Total Revenue | 1,376.22 | 3,633.22 | 1,173.92 | 1,032.10 |
| Total Expense | 1,159.28 | 3,205.17 | 1,098.55 | 990.53 |
| Profit After Tax | 160.42 | 316.90 | 31.55 | 31.55 |
| Company’s Net Worth | 1,361.22 | 1,200.80 | 581.20 | 487.77 |
| Total Reserves & Surplus | 594.71 | 434.29 | 117.05 | 47.19 |
Company’s Key Performance Indicators
| Key Performance Indicator | Value |
|---|---|
| Return on Capital Employed (ROCE) | 25.88% |
| Return on Equity (ROE) | 35.57% |
| Debt to Equity Ratio | 0.54 |
| Return on Net Worth (RoNW) | 26.39% |
| EBITDA Margin (%) | 9.00% |
| After Tax Profit Margin (%) | 8.73% |
| Net Asset Value (NAV) | ₹11.75 |
| Earnings Per Share (EPS) | ₹0.66 |
| Price to Book Value (P/BV) | 1.87 |
Lot Size and Application Amount
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail Investor (Minimum Lot) | 1 | 4000 | ₹140,000 |
| Retail Investor (Maximum Lot) | 1 | 4000 | ₹140,000 |
| HNI Investor (Minimum Lot) | 2 | 8000 | ₹280,000 |
Investor Category-Wise 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% of the Net Issue |
Net Cash Flow Generated
| Activity | For the period ended October 31, 2024 (₹ Lakhs) | FY 2024 (₹ Lakhs) | FY 2023 (₹ Lakhs) | FY 2022 (₹ Lakhs) |
|---|---|---|---|---|
| Net Cash from Operating Activities | 146.78 | -761.58 | 164.44 | -141.29 |
| Net Cash Used in Investing Activities | -94.72 | -76.91 | -0.27 | -4.54 |
| Net Cash from Financing Activities | 106.97 | 876.54 | -163.12 | 79.73 |
Revenue Breakdown by Operations
| Operations | Oct 31, 2024 (₹ Lakhs) | FY 2024 (₹ Lakhs) | FY 2023 (₹ Lakhs) | FY 2022 (₹ Lakhs) |
|---|---|---|---|---|
| Work Contract | 1371.95 | 3629.68 | 1172.19 | 1030.73 |
| Other Income | 4.27 | 3.54 | 1.73 | 1.37 |
Key Objectives of the Issue
The net proceeds from the issue will be utilized for the following purposes:
- To fund the working capital requirements.
- For general corporate purposes
Competitive Strengths of the Company
- Experienced promoters and skilled management.
- Proven track record in the execution of civil and structural projects.
- Strong relationships with government and private clients.
- Extensive experience of diverse projects in Uttarakhand and Himachal Pradesh.
Weak Points of the Company
- Dependence on government projects.
- Revenue from limited clients.
- Exposure to delays and cost overruns.
- Limited geographic diversification.
Popular Questions
- What are the opening and closing dates for the NACDAC Infrastructure Ltd IPO?
The issue opens on 17 December, 2024, and closes on 19 December, 2024. - What is the issue price for the NACDAC Infrastructure Ltd IPO?
The issue price is ₹33 to ₹35 per equity share. - What is the lot size for retail investors in this offer?
Retail investors can bid for a minimum of 4,000 shares, amounting to ₹140,000 (at the issue price). - Who is the lead manager for this issue?
The lead manager is GYR Capital Advisors Private Limited. - Who is the registrar for the NACDAC Infrastructure Ltd IPO?
The registrar is Maashitla Securities Private Limited. - What are the main objectives of this issue?
The funds raised through this issue will be utilized for working capital requirements and general corporate purposes. - On which stock exchange will the shares be listed?
The shares of NACDAC Infrastructure Ltd are proposed to be listed on the BSE SME platform. - What is the total issue size for the NACDAC IPO?
The total issue size is 28,60,000 equity shares. - When will the allotment and refund process begin?
The allotment date is 20 December, 2024, and refunds will begin on 23 December, 2024. - When will the shares be credited to the Demat account?
Shares will be credited in the Demat accounts on 23 December, 2024. - What is the expected listing date for the offer?
The shares are expected to list on 24 December, 2024.
It is always beneficial to read Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) carefully to better understand its financials and growth opportunities before making a decision.
Looking for more IPO reviews? Check out our IPO Dashboard for recent posts on other Main-board IPO & SME IPOs for the latest market updates.
Note: This article is based on the information received from the company’s official documents, including the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP). For up-to-date information on the Grey Market Premium (GMP) for the NACDAC Infrastructure Ltd IPO, you may please check our Current GMP, where we will post the latest figures as soon as they are available.
Disclaimer: This article is for educational purposes only. We do not offer any advice on buying or selling securities. Please consult your financial advisor before investing in an IPO or any other securities to make sure that it suits your financial plans and risk tolerance.
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