NACDAC Infrastructure: NACDAC’s shares get listed at 90% premium NACDAC Infrastructure: NACDAC’s shares get listed at 90% premium 

NACDAC Infrastructure shares had an impressive debut on December 24, listing at ₹66.5 on the BSE SME. This represents a remarkable 90% premium over the issue price of ₹35 per share, showcasing strong investor demand.

NACDAC Infrastructure IPO on Day 3 achieved an extraordinary total subscription of 2,209.76 times. Retail Investors subscribed 2,503.66 times, Non-Institutional Investors (NIIs) 4,084.46 times, and Qualified Institutional Buyers (QIBs) 236.39 times, reflecting overwhelming demand across all investor categories.

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NACDAC Infrastructure Limited, with over a decade of expertise, specializes in civil and structural projects such as buildings, bridges, and electrical works. Serving both government and private sectors, the company holds ISO accreditations and Class A contractor status, ensuring quality, safety, and environmental compliance through independent and joint venture projects, maintaining strong client satisfaction and relationships.

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The NACDAC Infrastructure IPO aims to fund INR 7.50 Crores for working capital needs, while the remaining proceeds will support corporate initiatives like marketing, debt repayment, business development, and investments in group companies.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.