NACDAC Infrastructure Limited IPO

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They are a core construction company specializing in a comprehensive range of civil and structural services. With over a decade of experience, they have established a strong presence in the construction industry by successfully executing projects for both government agencies and private corporations.

Core Offerings

i. Construction Services                     ii. Infrastructure Projects
iii. Sub-Contracting and Joint Ventures

Market Expertise and Client Base

i. Government Sector: Successfully executed numerous projects for various departments of the Government of India and Government of Uttarakhand.
ii. Private Sector: Diverse clientele across industries, ensuring high-quality and timely project execution.

Flexibility and Growth

i. Their ability to adapt to changing project demands enables them to deliver flexible performance and rapid responses to client needs.
ii. Participation in joint ventures allows them to undertake large-scale and complex projects, meeting specific eligibility and experience requirements.

Strategic Vision

They aim to continue providing excellent construction services while remaining profitable and competitive. Their focus on quality, safety, and environmental sustainability ensures long-term relationships with clients and stakeholders. By leveraging their good relationships established by Promoters and continuously improving their execution capabilities, they aspire to expand their footprint in the construction industry.

Objects of the NACDAC Infrastructure Limited IPO:

The company intend to utilize the proceeds of the Issue to meet the following objects: i. Working Capital ii. General Corporate Purposes.
DRHP of NACDAC Infrastructure Limited IPO
RHP of NACDAC Infrastructure Limited IPO

NACDAC Infrastructure Limited IPO Details:

Open Date: Dec 17 2024
Close Date: Dec 19 2024
Total Shares: 2,860,000
Face Value: ₹ 10 Per Equity Share
Issue Size: 10.01 Cr.
Lot Size: 4000 Shares
Issue Price: ₹ 33 - 35 Per Equity Share
Listing At: BSE SME
Listing Date: Dec 24 2024

Promoters And Management:

Hemant Sharma, the Promoter, Chairman, and Managing Director of the Company, holds a B.Tech in Civil Engineering, an MBA, a Diploma in Cooperative Management, and a Law degree. Since the Company's inception, he has played a key role in shaping its strategy, business expansion, financial performance, innovation, and risk management. Hemant also serves as the Secretary at the National Cooperative Development & Advisory Council, working with State and Central Governments on policy-making. Additionally, he has been a partner at Aardee Interiorwale, an interior decoration venture, since 2019. Ashish Saxena, a Promoter and Whole-Time Director of the Company, holds a Post-Graduation in Construction Management from the National Institute of Construction Management and Research, along with a B.Tech in Civil Engineering from Krishna Institute of Engineering & Technology. With over 12 years of experience in the infrastructure and construction sectors, Ashish has previously worked as a Project Engineer at Keltech Infrastructure Limited for over 4 years and as a Site Engineer at Manisha Projects Private Limited. He also served as a director at NACDAC Infrastructure Limited (formerly Uma Infratech Pvt. Ltd.) for over seven years, leading strategic initiatives and managing construction projects. Uma Sharma, a Promoter and Non-Executive Director of the Company, holds a Bachelor's degree in Commerce from Monad University, Hapur, Haryana. Since March 2019, she has served as a Director at NACDAC Infrastructure Limited, demonstrating strong strategic oversight and operational management. Uma also serves as a Director at NACDAC Foods, a group company of NACDAC Infrastructure Limited (formerly Uma Infratech Ltd.). She plays a key leadership role, overseeing all functions within the organization to ensure smooth operations and sustained growth.

Financials of NACDAC Infrastructure Limited IPO:

In Cr.
Particulars Oct 31st, 2024 FY 24 FY 23 FY 22
Revenue from operations 13.72 36.30 11.72 10.31
Growth in Revenue 209.73% 13.68%
EBITDA 2.81 (20.38%) 5.01 (13.80%) 1.05 (8.99%) 0.73 (7.11%)
PAT 1.60 (11.69%) 3.16 (8.73%) 0.56 (4.79%) 0.31 (3.06%)
D/E Ratio 0.60 0.54 0.02 0.39
RONW 11.79% 26.39% 9.66% 6.51%
CFOA 1.47 (7.62) 1.64 (1.41)

Comparison With Peers:

Companies Revenue EBITDA PAT D/E Ratio MCap P/E
NACDAC Infrastructure        (FY 2024) 36.30 Cr. 5.01 Cr. (13.80%) 3.16 (8.73%) 0.60 36.84 Cr. 11.66
K2 Infragen (TTM) 101 Cr. 18 Cr. (18%) 11 Cr. (10.89%) 0.35 242 Cr. 22.70
Suraj Estate Developers (TTM) 449 Cr. 250 Cr (56%) 98 Cr. (21.83%) 0.79 2,720 Cr. 27.80
SRM Contractors       (TTM) 345 Cr. 46 Cr. (13%) 26 Cr. (7.54%) 0.16 794 Cr. 30.40

Recommendation on NACDAC Infrastructure Limited IPO:

Review and Recommendation of NACDAC Infrastructure IPO by team IZ is 3/10.

Lead Manager of NACDAC Infrastructure Limited IPO:

  1. GYR CAPITAL ADVISORS PRIVATE LIMITED

Registrar of NACDAC Infrastructure Limited IPO:

  1. Maashitla Securities Pvt. Limited.

Company Address:

NACDAC Infrastructure Limited KF-120, Kavi Nagar, Ghaziabad, 201002 Phone: 0120-4242881 Email: compliance.nacdac@gmail.com Website: https://nacdacinfrastructure.com/

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