The NACDAC Infrastructure IPO, a book-built issue, aims to raise ₹10.01 crores through the issuance of 28.6 lakh fresh shares. The IPO will open for subscription on December 17, 2024, and close on December 19, 2024. With a price band set at ₹33 to ₹35 per share, this IPO offers an opportunity for retail investors to apply with a minimum investment of ₹140,000 for 4,000 shares. The IPO is expected to allot shares on December 20, 2024, with the listing date tentatively set for December 24, 2024, on the BSE SME platform.
The retail investor quota for this issue stands at 35%, with 50% reserved for Qualified Institutional Buyers (QIBs) and 15% for High Net-Worth Individuals (HNIs). The minimum lot size for HNI applicants is 8,000 shares, requiring an investment of ₹280,000. The financials show steady growth, with the company reporting a revenue of ₹11.74 crores in 2023, up from ₹10.32 crores in 2022. Additionally, the company recorded a profit of ₹0.56 crores in 2023, compared to ₹0.32 crores the previous year. Given the company’s positive growth trajectory, this IPO is considered a promising long-term investment opportunity.
Overview of Contents
About NACDAC Infrastructure IPOÂ
| Parameter | Details |
|---|---|
| IPO Open Date | December 17, 2024 |
| IPO Close Date | December 19, 2024 |
| Listing Date | December 24, 2024 (Tentative) |
| Face Value | ₹10 per share |
| Price Band | ₹33 to ₹35 per share |
| Lot Size | 4,000 shares |
| Total Issue Size | 2,860,000 shares (aggregating up to ₹10.01 Cr) |
| Fresh Issue | 2,860,000 shares (aggregating up to ₹10.01 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Shareholding Pre-Issue | 7,665,136 shares |
| Shareholding Post-Issue | 10,525,136 shares |
| Market Maker Portion | 220,000 shares |
NACDAC Infrastructure IPO: Tentative Timeline
| Event | Date |
|---|---|
| IPO Open Date | Tuesday, December 17, 2024 |
| IPO Close Date | Thursday, December 19, 2024 |
| Basis of Allotment | Friday, December 20, 2024 |
| Initiation of Refunds | Monday, December 23, 2024 |
| Credit of Shares to Demat Accounts | Monday, December 23, 2024 |
| Listing Date | Tuesday, December 24, 2024 |
| Cut-off Time for UPI Mandate Confirmation | 5:00 PM on December 19, 2024 |
NACDAC Infrastructure IPO Lot Size and Investment Details
The NACDAC Infrastructure IPO offers a minimum lot size of 4,000 shares for retail investors, and a higher lot size of 8,000 shares for High Net-Worth Individuals (HNIs). Below is a breakdown of the minimum and maximum investment amounts for both retail and HNI investors:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹140,000 |
| Retail (Max) | 1 | 4,000 | ₹140,000 |
| HNI (Min) | 2 | 8,000 | ₹280,000 |
NACDAC Infrastructure IPO: Promoter Holding
The promoters of NACDAC Infrastructure are Mr. Hemant Sharma, Ms. Uma Sharma, and Mr. Ashish Saxena. As of now, the promoters hold a significant 95.9% stake in the company. Following the IPO, their combined shareholding will reduce, but they will still retain a substantial portion of the company, reflecting their continued commitment to the business. The post-issue shareholding details will be updated after the IPO subscription process.
NACDAC Infrastructure Limited: Financial Information (Restated)
| Period Ended | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets (₹ in Lakhs) | 2,243.22 | 1,246.84 | 901.50 | 1,005.97 |
| Revenue (₹ in Lakhs) | 2,483.67 | 1,173.92 | 1,032.10 | 659.69 |
| Profit After Tax (₹ in Lakhs) | 214.95 | 56.15 | 31.55 | 8.19 |
| Net Worth (₹ in Lakhs) | 1,005.63 | 582.03 | 485.60 | 304.06 |
| Reserves and Surplus (₹ in Lakhs) | 450.47 | 117.88 | 48.02 | 283.01 |
| Total Borrowing (₹ in Lakhs) | 573.93 | 9.49 | 189.92 | 238.30 |
NACDAC Infrastructure IPO Valuation – FY2023
| KPI | Values |
|---|---|
| Return on Equity (ROE) | 10.52% |
| Return on Capital Employed (ROCE) | 15.72% |
| EBITDA Margin | 9.00% |
| PAT Margin | 4.79% |
| Debt to Equity Ratio | 0.02 |
| Earnings Per Share (EPS) | ₹0.66 (Basic) |
| Price/Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 9.65% |
| Net Asset Value (NAV) | ₹11.75 |
Peer Group Comparison
The following table compares NACDAC Infrastructure with its peers in terms of key financial metrics such as Earnings Per Share (EPS), Price to Earnings (P/E) Ratio, Return on Net Worth (RoNW), Net Asset Value (NAV), and Income.
| Company | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | Income (Cr.) |
|---|---|---|---|---|---|
| K2 Infragen Limited | 18.02 | 9.49 | 81% | 62.04 | 74.90 Cr. |
| Suraj Estate Developers Limited | 10.1 | 38.88 | 45% | 225.24 | 307.89 Cr. |
| SRM Contractors Limited | 90.82 | 2.20 | 30% | 37.72 | 300.65 Cr. |
Objects of the Issue
- Working Capital Requirements
- General Corporate Purposes
NACDAC Infrastructure IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email:Â ipo@maashitla.com
Website:Â https://maashitla.com/allotment-status/public-issues
Company Address
NACDAC Infrastructure Limited
KF-120,
Kavi Nagar,
Ghaziabad, 201002
Phone: 0120-4242881
Email:Â compliance.nacdac@gmail.com
Website:Â https://nacdacinfrastructure.com/
NACDAC Infrastructure IPO FAQs
What is the issue size of the NACDAC Infrastructure IPO?
The NACDAC Infrastructure IPO has a total issue size of ₹10.01 crores, comprising a fresh issue of 28.6 lakh shares.
What is the price band for the NACDAC Infrastructure IPO?
The price band for the NACDAC Infrastructure IPO is ₹33 to ₹35 per share.
When will the NACDAC Infrastructure IPO open and close?
The NACDAC Infrastructure IPO will open for subscription on December 17, 2024, and close on December 19, 2024.
What is the minimum lot size for investing in the IPO?
The minimum lot size for retail investors is 4,000 shares, amounting to ₹140,000.
When will the allotment of shares be finalized?
The allotment for the NACDAC Infrastructure IPO is expected to be finalized on December 20, 2024.
What is the tentative listing date for the NACDAC Infrastructure IPO?
The tentative listing date for the NACDAC Infrastructure IPO is December 24, 2024, on the BSE SME.
What is the face value of the shares in the IPO?
The face value of each share in the NACDAC Infrastructure IPO is ₹10.
What are the objects of the issue?
The funds raised through the IPO will be used for working capital requirements and general corporate purposes.
Who are the promoters of NACDAC Infrastructure?
The promoters of NACDAC Infrastructure are Mr. Hemant Sharma, Ms. Uma Sharma, and Mr. Ashish Saxena.
What is the financial performance of NACDAC Infrastructure?
For FY2023, NACDAC Infrastructure reported a revenue of ₹11.74 crores, with a profit of ₹0.56 crores. The company’s net worth stood at ₹1,005.63 lakhs.
What is the EPS of NACDAC Infrastructure?
The Earnings Per Share (EPS) for NACDAC Infrastructure is ₹0.66 (basic) for FY2023.
What are the key financial ratios for the IPO?
The key financial ratios for NACDAC Infrastructure include:
- Return on Equity (ROE): 10.52%
- Return on Net Worth (RoNW): 9.65%
- EBITDA Margin: 9.00%
- PAT Margin: 4.79%
- Debt to Equity Ratio: 0.02
 How can I apply for the NACDAC Infrastructure IPO?
Investors can apply for the IPO through their brokerage accounts or via UPI mandates, as per the application process detailed by the company.