NACDAC Infrastructure shares have made an impressive debut on the BSE SME segment, listing at ₹66.5 per share on December 24, 2024, a remarkable 90% premium over the IPO price of ₹35 per share. This stellar listing was driven by strong investor demand during the company's initial public offering (IPO), which opened on December 17, 2024, and closed on December 19, 2024. The allotment was finalized on December 20, and the listing date was set for today, marking a significant milestone for the company.

The listing price of ₹66.5 per share reflects a premium of 142% when compared to the grey market premium (GMP) of ₹50 per share before the listing. This is an indicator of market confidence and the strong demand witnessed during the IPO. The company raised ₹10.01 crore from the SME IPO, entirely through a fresh issue of 28.60 lakh equity shares. This infusion of capital will be used for working capital requirements and general corporate purposes, supporting the company’s growth initiatives.

NACDAC Infrastructure is a construction company with a strong presence in the infrastructure sector. The company’s IPO was priced in the range of ₹33 to ₹35 per share. The robust demand for its shares is evident in the phenomenal subscription numbers. The IPO was subscribed 2,209.76 times, with bids for over 411 crore shares, totaling more than ₹14,385 crore, vastly exceeding the offer size of ₹10 crore.

Breaking down the subscriptions, the retail category was 2,503.66 times subscribed, while the non-institutional investor (NII) category was 4,084.46 times subscribed. The qualified institutional buyers (QIB) portion also saw 236.39 times subscription, reflecting widespread interest from both retail and institutional investors. This exceptional subscription response underscores the strong growth potential and market confidence in NACDAC Infrastructure.

The book running lead manager for the IPO was GYR Capital Advisors, and the IPO registrar was Maashitla Securities, both of which played critical roles in the successful execution of the offering.

Key Highlights:

• Stellar debut: NACDAC Infrastructure shares were listed at ₹66.5, reflecting a 90% premium.
• Impressive demand: The IPO was 2,209.76 times subscribed, with massive interest from retail, NII, and QIB categories.
• Capital raised: The company raised ₹10.01 crore to meet working capital needs and corporate purposes.

In conclusion, the successful listing of NACDAC Infrastructure on BSE SME is a testament to the company’s growing market reputation and strong investor interest. The 90% premium on the first day of trading showcases the tremendous demand for the stock and bodes well for its future performance in the Indian stock market. Investors who participated in the IPO are likely to see positive returns, and the company's future growth prospects remain strong as it continues to expand its presence in the infrastructure sector.


The Upcoming IPOs in this week and coming weeks are Anya Polytech, Citichem India, Solar91 Cleantech, Rosmerta Digital, Indo Farm, and Avanse Financial. The Current active IPO is Unimech Aerospace, Ventive Hospitality, Senores Pharmaceuticals, Carraro India.
For more details on upcoming IPOs, you can visit our page at  and stay updated with the latest news on IPO updates on . Join our  for regular Stock Market Trading and Investment Calls by  - SEBI Registered Research Analyst &  for Regular Share Market, News & IPO Updates. Start your Stock Market Journey and Apply in IPO by opening a Free Demat Account in .Best IPO to Apply Now - IPO List 2024, Latest IPO, Upcoming IPO, Recent IPO News, Live IPO GMP Today - Finance SaathiTop News Headlines - Share Market News, Latest IPO News, Business News, Economy News - Finance SaathiTrading with CA Abhay Telegram ChannelCA Abhay VarnFinance Saathi Telegram ChannelChoice Broking FinX.