NACDAC Infrastructure IPO Detail: Open Date, Close Date, GMP, Price Band

NACDAC Infrastructure IPO subscription opens on Tuesday, December 17, 2024, and closes on Thursday, December 19, 2024. It is a book-built issue worth up to Rs 10.01 crores of equity shares. This upcoming IPO is offering an entirely fresh issue of up to 28.60 lakh equity shares.

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NACDAC Infrastructure IPO Price Band

NACDAC Infrastructure IPO price band is Rs 33 to Rs 35 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,40,000 (35 x 4000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,80,000 (35 x 8000 shares).

NACDAC Infrastructure IPO GMP

Currently, NACDAC Infrastructure IPO GMP (grey market premium) is Rs 0. It is expected that the listing price can be the same as the allotment price, which is Rs 35 per share. However, if the subscription is oversubscribed in the upcoming time, then NACDAC Infrastructure IPO GMP may go up.

NACDAC Infrastructure Allotment Status

NACDAC Infrastructure IPO Allotment status will be available on its registrar Maashitla Securities Private Limited website on Friday, December 20, 2024, once the subscription ends after the closing of IPO bidding. The allotment status of investors who applied for IPO will be available on the registrar's website.

NACDAC Infrastructure Listing Date

NACDAC Infrastructure IPO listing date has been decided on Tuesday, December 24, 2024. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

NACDAC Infrastructure IPO: Listing Date, Lot Size, Issue Size, Price Band

NACDAC Infrastructure IPO: About the Company

NACDAC Infrastructure Limited, established on June 19, 2012, is a prominent construction company based in Ghaziabad, Uttar Pradesh.

The company specialize in civil and structural construction, primarly focuses on multi-storey buildings and various infrastructure projects, including residential, commercial, and institutional structures. The company has successfully completed over 45 projects, serving both government and private sectors.

With an authorized capital of Rs 11 crore and a paid-up capital of Rs 7.67 crore, NACDAC is classified as a public unlisted Indian non-government company. As of now, it is preparing for an IPO scheduled for December 2024, aiming to raise Rs 10.01 crore to enhance its operational capabilities and expand its market presence.

NACDAC Infrastructure IPO Objectives

NACDAC Infrastructure IPO objectives include utilizing the funding received from the fresh issue for working capital requirements and general corporate purposes.

NACDAC Infrastructure IPO: Key Dates, Allotment, Listing Date

NACDAC Infrastructure IPO Subscription Details, IPO Reservation

NACDAC Infrastructure IPO subscription reservations are as follows: not more than 50% of the net offer is reserved for Qualified Intuitional Buyers, not less than 35% of the net offer is reserved for the retail category and not less than 15% of the net offer is reserved for the HNI category.

NACDAC Infrastructure IPO Lot Size Details

NACDAC Infrastructure IPO lot size is set at 4000 shares per lot. The minimum funds required for retail investors to participate in this IPO is Rs 1,40,000 (35 x 4000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,80,000 (35 x 8000 shares).

NACDAC Infrastructure IPO Promoter Holdings

NACDAC Infrastructure IPO promoters Mr Hemant Sharma, Ms Uma Sharma and Mr Ashish Saxena. The promoter's combined shareholdings before the IPO were 95.90%; however, post-IPO, their shareholdings will decline to 67.13%.

NACDAC Infrastructure Limited Company Financials (Amt in Lakhs)

Lead Manager and Registrar of NACDAC Infrastructure IPO

The IPO is managed by GYR Capital Advisors Private Limited, which is the book-running lead manager for this public issue. The company has appointed Maashitla Securities Private Limited as the registrar for this public issue.

How to apply to the NACDAC Infrastructure IPO

Interested investors who wants to apply to the NACDAC Infrastructure IPO can directly apply from the Bigul trading app, or you can apply on Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

NACDAC Infrastructure IPO FAQs

1. What are the core details available of the NACDAC Infrastructure IPO?

NACDAC Infrastructure IPO is a book-built issue worth up to Rs 10.01 crores. This upcoming IPO is entirely a fresh issue of up to 28.60 lakh equity shares of worth up to Rs 10.01 crores.

2. What is the NACDAC Infrastructure IPO open date and close date?

NACDAC Infrastructure IPO subscription opens on Tuesday, December 17, 2024, and closes on Thursday, December 19, 2024.

3. What is NACDAC Infrastructure IPO GMP?

Currently, NACDAC Infrastructure IPO GMP (grey market premium) is Rs 0. It is expected that the listing price can be the same as the allotment price, which is Rs 35 per share. However, if the subscription is oversubscribed in the upcoming time, then NACDAC Infrastructure IPO GMP may go up.

4. How do you check the IPO Allotment status?

NACDAC Infrastructure IPO Allotment details are available on its registrar, Maashitla Securities Private Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who is the registrar and lead managers for NACDAC Infrastructure IPO?

The IPO is managed by GYR Capital Advisors Private Limited which is the book-running lead manager for this public issue. The company has appointed Maashitla Securities Private Limited as the registrar for this public issue.

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