NACDAC Infrastructure IPO received bids worth Rs 14,400 crore

NACDAC Infrastructure IPO: headquartered in Ghaziabad, conducted a share sale priced between Rs 33 and Rs 35 per share. Investors were permitted to apply for a minimum of 4,000 shares, or in multiples of that number, to secure a total of Rs 10.01 crore.

NACDAC Infrastructure IPO

The NACDAC Infrastructure IPO, which is part of the BSE SME segment, is attracting investors’ interest, owing to its Grey Market Premium (GMP) in the unlisted market. This IPO involves a new release of 28.60 lakh shares and aims to raise Rs 10.01 crores via a book-building procedure.

Retail investors were the main source of demand, placing bids totalling ₹8,237 crore. Qualified Institutional Buyers (QIBs) gave ₹236.39 crore, while the Non-Institutional Investors (NII) category contributed ₹5,718.24 crore.

With a valuation of Rs 7.28 crore, the issue received bids surpassing Rs 14,000 crore from 641,048 applicants. An allocation of around Rs 2,73,00,000 was made for the anchor investors.

NACDAC Infra IPO Allotment and Listing

The allocation of shares for NACDAC Infrastructure is scheduled for 20th December 2024. additionally, on 24th December 2024, the business will make its debut on the BSE SME platform.

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Steps To Check NACDAC Infra IPO Share Allotment Status On BSE

  1. Visit BSE Website: Investors Go to the IPO allotment page on the BSE official website at bseindia.com.
  2. Select Company Name: Under IPO allotment select “NACDAC Infrastructure Ltd”.
  3. Enter Details: Investors enter your PAN card number or your application number.
  4. Submit: Click the search option to view your IPO allotment details or status.

 

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Author: Shiva

Shiva is a content writer with 3 years of experience in Share Market and financial related topics. He is a Post Graduate in Master of Business Administration (MBA) from Bengaluru University. At IDKKIDCB.in, he writes updated and researched content related to stock price prediction, analysis, stock market news, IPO updates, etc.

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