NACDAC Infrastructure IPO subscribed overall 2,209.76 times on the last day, while A retail quota was subscribed 2,503.66 times, QIB was subscribed 236.36 times, and NII quota subscribed 4,084.46 times respectively.
Details About NACDAC Infrastructure IPO
NACDAC Infrastructure got approval from SEBI for an IPO of ₹10.01 crores which comprises fresh issue of ₹10.01 crores and offer for sale up to [.] equity shares with a face value of ₹10 each. Moreover, the company has set up a price band between ₹33 to ₹35 per share. In this IPO, a total of 4000 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category, 8000 shares were available in 2 lot sizes, For S-HNI (Min) and B-HNI.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹140,000 and maximum also.
- Small HNI (S-HNI): Minimum investment of ₹280,000
Subscription duration of NACDAC Infrastructure IPO
The NACDAC Infrastructure IPO subscription opening date was 17 December and the close date was 19 December. The NACDAC Infrastructure IPO allotment was finalized on December 20 and the IPO listing is on December 24.
Funds Deployment of This Company
The company plans to use the money raised from the new shares for the following purposes:
- This IPO has a main purpose of working capital means the fund would go for working capital purposes.
- The rest of the funds will be used for general purposes.
About NACDAC Infrastructure IPO
NACDAC Infrastructure Limited is a prominent company recognized for its expertise in construction, including multi-story buildings as well as residential, commercial, and international projects. It was established in 2012. It has also certification of an 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. 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. Healthcare Leadership Award in 2019, Best Blended Learning Award in 2020, TISS LeapVault CLO Award in 2021, and Top 3 in Innovation in Analytics in 2022.
NACDAC Infrastructure IPO Financial Background
The company reported revenue of ₹36.33 crores in 2024 against ₹11.74 crore in 2023. The company reported Profit of ₹3.17 crores in 2024 against Profit of ₹0.56 crores in 2023.
