NACDAC Infrastructure IPO Allotment Status: Check Allotment Status Online on BSE & Maashitla

20 December 2024
2 min read
NACDAC Infrastructure IPO Allotment Status: Check Allotment Status Online on BSE & Maashitla
whatsapp
facebook
twitter
linkedin
telegram
copyToClipboard

NACDAC Infrastructure, a construction company, launched its Initial Public Offering (IPO) between December 17 and 19, seeking to raise Rs 10.01 crore by offering 28.6 lakh shares. The IPO was met with an overwhelming response from investors, resulting in a remarkable oversubscription of 2,209.74 times, with bids totalling a staggering Rs 14,385.53 crore. This makes it one of the highest subscribed IPOs ever recorded, especially in the SME segment.

NACDAC Infrastructure IPO Details

NACDAC Infrastructure's IPO, a book-built issue worth ₹10.01 crore, comprises a fresh issuance of 28.60 lakh shares. The bidding for the IPO took place from December 17 to December 19, 2024, with the allotment finalised on Friday, December 20, 2024. Scheduled to list on the BSE SME platform, the tentative listing date is set for Tuesday, December 24, 2024. The IPO is priced in a range of ₹33 to ₹35 per share.

NACDAC Infrastructure IPO: Subscription Details

The IPO saw massive oversubscription, with the company receiving bids for more than 2,000 times the shares offered. Investors submitted applications for 411.03 crore equity shares against the offered 28.6 lakh shares. Non-institutional and retail investors led the surge, subscribing 4,084.46 times and 2,503.66 times their respective quotas, while qualified institutional buyers booked their portion 236.39 times.

Checking the Allotment Status

Steps to Check Allotment Status on BSE

  1. Visit the IPO allotment page on the BSE website here.  
  2. Click on Equity under the Issue Type dropdown menu. 
  3. Select 'NACDAC Infrastructure Ltd.' under the company name. 
  4. Enter your application number or PAN. 
  5. Clear the 'Captcha' to verify. 
  6. Select the 'Search' option to view your allotment status.

Steps to Check Allotment Status on Maashitla

  1. Visit the IPO allotment page on Maashitla Securities Pvt. Ltd. here
  2. Select 'NACDAC Infrastructure Ltd.' from the list of companies. 
  3. Enter the Application Number, Demat account number or PAN. 
  4. Enter details as per your selection. 
  5. Click Submit to view the allotment status.

NACDAC Infrastructure Business Overview

NACDAC Infrastructure is a core construction company specialising in various civil and structural services. Their offerings include constructing multi-storey buildings, handling electrical works (both low and high tension), steel structure works, and building bridges (including FOBs and ROBs), along with associated civil and structural tasks. The company has a proven track record of project execution, with over a decade of experience in construction, having completed 63 projects worth Rs 96.74 crore. They cater to a diverse client base, including government agencies and private corporations, with a strong emphasis on quality and efficiency.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here

Do you like this edition?
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.6.1
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ