NACDAC Infrastructure Limited is coming up with an IPO with a fresh issue of 28,60,000 shares worth INR 10.01 crores. The company aims to meet working capital requirements and general corporate purposes.
NACDAC Infrastructure IPO – Important Dates
| NACDAC Infrastructure Limited IPO Date | December 17, 2024 to December 19, 2024 |
| NACDAC Infrastructure Limited IPO Listing Date | December 24, 2024 |
| NACDAC Infrastructure Limited IPO Price | INR 33-35 per share |
| NACDAC Infrastructure Limited IPO Lot Size | 4000 Shares |
| NACDAC Infrastructure Limited IPO Total Issue Size | INR 10.01 crores |
| NACDAC Infrastructure Limited IPO Basis of Allotment | December 20, 2024 |
| NACDAC Infrastructure Limited IPO Initiation of Refunds | December 23, 2024 |
| NACDAC Infrastructure Limited IPO Credit of Shares to Demat | December 23, 2024 |
| NACDAC Infrastructure Limited IPO Issue Type | Book Built Issue IPO |
| NACDAC Infrastructure Limited IPO Listing At | BSE SME |
Read more about NACDAC Infrastructure Limited IPO GMP
NACDAC Infrastructure Limited IPO – Company Profile
NACDAC Infrastructure Limited specialises in civil and structural services, including multi-story buildings, electrical works, steel structures, and bridges. It serves government agencies and private corporations with a strong focus on quality and efficiency.
With a proven track record spanning over a decade, NACDAC Infrastructure Limited has completed numerous projects for the Government of India and Uttarakhand, benefiting from strong relationships established by its Promoters.
With ISO accreditations and Class A contractor status, NACDAC Infrastructure Limited specialises in executing diverse civil projects independently or via joint ventures, ensuring quality, safety, environmental compliance, and client satisfaction.
NACDAC Infrastructure Ltd IPO Fundamental Analysis
NACDAC Infrastructure Limited’s financial analysis reveals a mixed performance. Revenue has shown consistent growth, reflecting positive performance. Profitability, earnings per share, and return on net worth have improved, while the inventory turnover ratio indicates potential sales or inventory management concerns.
- Revenue Trend: The revenue increased from ₹1,030.73 lakhs in March 2022 to ₹1,172.19 lakhs in March 2023. The revenue for the current year’s 7-month period ending October 2024 is INR 1,371.95 lakhs.
- Equity and Liabilities: Both equities and liabilities have shown a consistent increase over the periods, reflecting potential growth and expansion. However, the debt-equity ratio has increased, indicating rising reliance on debt financing.
- Profitability: The profit after tax (PAT) has significantly increased from ₹31.55 lakhs in March 2022 to ₹160.42 lakhs by October 2024. This improvement in profitability could be a source of confidence among investors.
- Earnings per Share (EPS): The diluted EPS has risen from ₹0.44 in March 2022 to ₹2.09 by October 2024, reflecting higher earnings per share for investors.
- Return on Net Worth (RoNW): The RoNW has risen from 6.51% to 11.79%, indicating an increase in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio has increased, indicating strengthening liquidity and potential challenges in meeting short-term obligations.
- Inventory Turnover Ratio: There’s a significant decrease in the Inventory Turnover Ratio, which might suggest slower sales or inefficient inventory management.
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NACDAC Infrastructure IPO Financial Analysis
| Particular | As of 31 March 2022 | As of 31 March 2023 | As of 31 October 2024 |
| Revenue (₹ in lakhs) | 1,030.73 | 1,172.19 | 1,371.95 |
| Equity (₹ in lakhs) | 484.77 | 581.2 | 1,361.22 |
| Expenses (₹ in lakhs) | 990.53 | 1,098.55 | 1,159.28 |
| Profit and Loss After Tax (₹ in lakhs) | 31.55 | 56.15 | 160.42 |
| Diluted EPS only (₹) | 0.44 | 0.75 | 2.09 |
| Return on Net Worth (%) | 6.51 | 9.66 | 11.79 |
| NAV per Equity Share (₹) | 8.48 | 9.58 | 17.76 |
| Total Assets (in lakhs) | 900.80 | 1,246.09 | 3,022.78 |
| Total Liabilities (in lakhs) | 416.03 | 664.89 | 1,661.56 |
| Debt Equity Ratio | 0.39 | 0.02 | 0.60 |
| Current Ratio (in times) | 1.67 | 1.55 | 1.73 |
| Inventory Turnover Ratio | 1.94 | 2.54 | 0.77 |
NACDAC Infrastructure Limited IPO Peer Comparison
NACDAC Infrastructure Limited, K2 Infragen Limited, Suraj Estate Developers Limited, and SRM Contractors showcase varying revenue, profitability, and performance metrics, demonstrating unique strengths in their respective sectors.
| Company | Total Income (₹ in lakhs) | Face Value per Equity Share (₹) | P/E Ratio | EPS (Basic & Diluted) (₹) | RoCE (%) | Net AssetValue Per Share |
| NACDAC Infrastructure Limited | 3,633.22 | 10 | – | 4.14 | 25.88 | 15.67 |
| K2 Infragen Limited | 1,0871.82 | 10 | 22.80 | 13.52 | 36 | 54.70 |
| Suraj Estate Developers Limited | 4,157.04 | 10 | 30.90 | 15.22 | 28.70 | 129 |
| SRM Contractors | 35,001.51 | 10 | 28.80 | 16.11 | 28.10 | 103 |
NACDAC Infrastructure Ltd IPO Objective
The main objective of NACDAC Infrastructure Limited is to meet working capital requirements.
- Funding the company’s working capital requirements: The company intends to utilise INR 7.50 Crores from the net proceeds of the issue to meet its working capital requirements, primarily funding operations through internal accruals, net worth, and financing from banks and financial institutions.
- General corporate purposes: The company will deploy the balance of funds for general corporate purposes, including strategic initiatives, brand building, marketing activities, working capital, repayment of borrowings, investments in group companies, and strengthening business development capabilities.
NACDAC Infrastructure IPO Risks And Challenges
NACDAC Infrastructure Limited’s risk includes regional instability, competitive bidding challenges, reliance on joint ventures, potential partner failures, legal issues, and dependence on third-party labour contractors, which may impact project timelines, financial stability, and growth.
- The company’s operations are concentrated in Uttarakhand, Uttar Pradesh, and Delhi, exposing it to risks like regional unrest, political instability, economic downturns, and policy changes, which may impact business prospects and financial performance.
- The company’s reliance on competitive bidding, joint ventures, and client contracts exposes it to risks like project non-award, partner failure, compensation delay, and legal challenges, which could potentially affect financial stability, growth, and operational efficiency.
- The company’s reliance on third-party labour contractors exposes it to labour shortages, delays, and incompetence, potentially affecting project timelines, quality, and the ability to manage workers effectively.
NACDAC Infrastructure Ltd IPO – Industry & Market Potential
The Indian Railways aims for a revenue of Rs. 2,64,500 crore by 2023-24. India’s logistics market, valued at US$ 435.43 billion in 2023, is projected to grow at 8.36% CAGR, with improved efficiency by 2028.
India’s infrastructure sector is poised for significant growth, with demand for urban freight expected to rise 140% over the next decade. Driven by increased investments in urban and transport infrastructure, the logistics market will reach US$320 billion by 2025.
India is set to invest $750 billion in railway infrastructure and $840 billion in urban infrastructure over 15 years. Focused on sustainable growth, the government plans a $1.4 trillion investment with key collaborations like India-Japan for Northeast development.
NACDAC Infrastructure Limited IPO – Type of Offer
NACDAC Infrastructure Limited is coming up with an IPO with a fresh issue of 28,60,000 shares worth INR 10.01 crores. The company aims to meet working capital requirements and general corporate purposes.
NACDAC Infrastructure IPO Offer Size
The offer size of NACDAC Infrastructure Limited is INR 10.01 crores, consisting of a fresh issue of 28,60,000 shares. The company aims to meet working capital requirements and general corporate purposes.
NACDAC Infrastructure Limited IPO Allotment Structure
NACDAC Infrastructure Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations. 220,000 shares are reserved for market makers.
● Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.
● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.
● Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs.
● Market Maker Reservation: A portion of shares, i.e. 220,000 shares, are reserved for market makers.
How to apply for NACDAC Infrastructure IPO?
To apply for the NACDAC Infrastructure Limited IPO through Alice Blue, follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the NACDAC Infrastructure Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the NACDAC Infrastructure Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check NACDAC Infrastructure IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the NACDAC Infrastructure Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the NACDAC Infrastructure Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, we request you reach out to our customer support team at Alice Blue for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the NACDAC Infrastructure Limited IPO:
● Registrar’s Website: Visit the website of Maashitla Securities Private Limited, the registrar of the NACDAC Infrastructure Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● BSE SME: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) Small Medium Exchange (SME). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
NACDAC Infrastructure Ltd IPO Offer Registrar
The registrar for the NACDAC Infrastructure Limited IPO is Maashitla Securities Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
Maashitla Securities Private Limited
451, Krishna Apra Business Square,
Netaji Subhash Place,
Pitampura, Delhi -110034, India
Telephone: 011-45121795
Email: [email protected]
Website: www.maashitla.com
NACDAC Infrastructure IPO – FAQs
1. What is the allotment date of the NACDAC Infrastructure IPO?
The allotment date of the NACDAC Infrastructure is December 20, 2024.
2. What is the price band of the NACDAC Infrastructure IPO?
The price band of the issue is INR 33-35 per share.
3. What is the size of the NACDAC Infrastructure IPO?
The offer size of NACDAC Infrastructure Limited is INR 10.01 crores, consisting of a fresh issue of 28,60,000 shares. The company aims to meet working capital requirements and general corporate purposes.
4. What is the listing date of the NACDAC Infrastructure IPO?
The listing date of the NACDAC Infrastructure is December 24, 2024.
5. Where is the NACDAC Infrastructure IPO Getting Listed?
NACDAC Infrastructure is getting listed on the Bombay Stock Exchange (BSE) and the Small Medium Exchange (SME).
6. What are the open and close dates of the NACDAC Infrastructure Limited IPO?
The open and close dates of the NACDAC Infrastructure Limited are December 17, 2024 and December 19, 2024.
7. How to apply for NACDAC Infrastructure Ltd IPO in Alice Blue?
To apply for the NACDAC Infrastructure Limited IPO through Alice Blue, open a Demat and Trading account, check the IPO details, place your bid, and submit the application. After allotment, check the status to see if shares are received, subject to demand.
8. Who is the Book Runner for the NACDAC Infrastructure IPO?
The Book Runner for the NACDAC Infrastructure is GYR Capital Advisors Private Limited.
