NACDAC Infrastructure
Listed
Listed
IPO Timeline
Issue open date
17 Dec 2024Issue close date
19 Dec 2024UPI mandate deadline
19 Dec 2024Allotment finalization
20 Dec 2024Refund initiation
23 Dec 2024Share credit
23 Dec 2024Listing date
24 Dec 2024Mandate end date
3 Jan 2025Lock-in end date for anchor investors (50%)
19 Jan 2025Lock-in end date for anchor investors (remaining)
20 Mar 2025Key Dates
Open
17 Dec 2024Close
19 Dec 2024Listing
24 Dec 2024Quick Stats
Issue Size:10cr
Lot Size:4000 shares
About the Company
Incorporated in 2012, NACDAC Infrastructure Limited is a construction company specializing in civil and structural works, including multi-story buildings, steel structures, bridges (FOBs and ROBs), and electrical works (Low-Tension & High-Tension). The company is a Class A contractor registered with Uttarakhand Peyjal Sansadhan Vikas Evum Nirman Nigam and holds ISO certifications for quality, environmental, and safety management. It has completed 63 projects worth ₹96.75 crore, working with government agencies and private corporations. NACDAC also undertakes sub-contracting and joint ventures for large infrastructure projects.
Strengths
- Long-term client relationships ensuring repeat business and retention.
- Strong work order book showcasing growth and execution capabilities.
- Expertise in executing complex civil projects in challenging terrains.
- Diverse services across construction and infrastructure development.
Risks
- Business concentration poses regional risks.
- Reliance on competitive bidding affects project acquisition.
- Dependence on subcontractors risks delays and quality issues.
- High dependency on government contracts poses policy and budgetary risks.
- Equipment maintenance and obsolescence pose operational risks.
- Cost escalations in long-term projects impact profitability.
NACDAC Infrastructure IPO – Frequently Asked Questions
- The price band for the NACDAC Infrastructure IPO is set at ₹33 to ₹35 per share.
- The NACDAC Infrastructure IPO opens on December 17, 2024 and closes on December 19, 2024.
- The tentative listing date for the NACDAC Infrastructure IPO is December 24, 2024.
- You can apply for the NACDAC Infrastructure IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose NACDAC Infrastructure, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the NACDAC Infrastructure IPO is 4000 shares. Investors must apply for at least one lot (i.e., 4000 shares).