NACDAC Infrastructure subscription started on Tuesday, December 17, 2024, and will close on December 19, 2024, as per the schedule. The price band is set at ₹33 to ₹35 per share with a face value of ₹10.
NACDAC Infrastructure IPO Subscription Status
NACDAC Infrastructure IPO Subscribed over 486.32x on its Second day till 5.00 PM on 18th December.
- NACDAC Infrastructure IPO subscription QIB investors portion is 2.74 times, while NII subscribed 427.18 times and RII investors subscribed 779 times.
- The company has received bids for 190,45,52,000 shares against 18,60,000 shares on offer on the Second day of subscription.
- NACDAC Infrastructure IPO subscribed over 486.32x on its second day.
- NACDAC Infrastructure IPO Subscribed over 57.25x on its Firstday.
About NACDAC Infrastructure Company
NACDAC Infrastructure Limited is a substantial company due to its specialization in construction work like multi-story buildings, and residential, commercial, and international structures. This was founded in 2012. Moreover, this company is officially recognized as a premium level by Uttarakhand Peyjal Sansadhan Vikas Evum Nirman Nigam. It has also a certification of ISO that meets international standards in quality and management. Nowadays, the company has a strong focus on civil and structural construction, including steel structure works, bridges, and related civil, structural, and electrical works. Owing to a skilled team and knowledgeable and expert promoters paved the way for the growth of the company they have also completed around 45 projects as well as several other projects for the government and Uttarakhand. Moreover, the total revenue from operations of this company has surged from 1172.19 lakh to 2480.52 lakh, and the EBITDA ratio was 105.48 in 2023, while 342.41 was on 31 March 2024.
NACDAC Infrastructure Financial Report
The company reported revenue of ₹36.33 crores in 2024 against ₹11.74 crores in 2023. The company reported a Profit of ₹3.17 crores in 2024 against a Profit of ₹0.56 crores in 2023.
NACDAC Infrastructure IPO GMP:
NACDAC Infrastructure IPO GMP was ₹32 as of Wednesday, December 18th. That indicates the IPO is trading at ₹67 with ₹32 premium in the grey market against the issue price of ₹35.
