How To Check NACDAC Infrastructure IPO Allotment Status On Maashitla Securities? GMP Soars Over 140%
NACDAC Infrastructure IPO shattered all previous records to become the most subscribed SME IPO of all time. The latest GMP indicates an estimated listing gain of 142.86%.
After a historic subscription performance, the NACDAC Infrastructure IPO allotment is set to be finalised on Friday, Dec. 20. NACDAC Infrastructure IPO became the most subscribed SME IPO of all time, creating history, with unprecedented demand from non-institutional investors and retail investors. Overall, investors applied for 4,11,01,24,000 shares against the 18,60,000 up for sale, subscribing 2,209.76 times the shares on offer.
QIBs booked their portion 236.39 times, while non-institutional investors subscribed theirs by 4,084.46 times. Retail investors booked their quota by 2,503.66 times.
The Rs 10.01-crore BSE SME issue is an entirely fresh offer of 28.60 lakh shares.
The NACDAC Infrastructure IPO price band was fixed at Rs 33 to Rs 35 per share. The listing of the shares is expected on Tuesday, Dec. 24.
Investors who have applied for NACDAC Infrastructure IPO shares will now look for their share allotment status.
Here is how to check NACDAC Infrastructure IPO allotment status on BSE and the registrar Maashitla Securities Pvt.’s websites.
How To Check NACDAC Infrastructure IPO Share Allotment Status On BSE
Visit the IPO allotment page on the BSE website here.
Click on Equity under the Issue Type dropdown menu.
Select 'NACDAC Infrastructure Ltd.' under the company name.
Enter your application number or PAN.
Clear the 'Captcha' to verify.
Select the 'Search' option to view your allotment status.
How To Check NACDAC Infrastructure IPO Allotment Status On Maashitla?
Visit the IPO allotment page on Maashitla Securities Pvt. here.
Select 'NACDAC Infrastructure Ltd.' from the list of companies.
Enter the Application Number, Demat account number or PAN.
Enter details as per your selection.
Click Submit to view the allotment status.
NACDAC Infrastructure IPO GMP Today
NACDAC Infrastructure IPO GMP or grey market premium soared over 140% to Rs 50 per share, according to data from InvestorGain. If the current trends are sustained, NACDAC Infrastructure shares will list at Rs 85 apiece at the upper end of the price band.
Note: GMP or grey market price is not an official price quote for the stock and is based on speculation.
Use of Proceeds
NACDAC Infrastructure will utilise the funds raised from the IPO for working capital requirements and general corporate purposes.
About NACDAC Infrastructure Ltd.
NACDAC Infrastructure is a construction company specialising in multi-storey buildings, and residential, commercial, and institutional structures. Its focus areas are civil and structural construction.
NACDAC Infrastructure, a Class A contractor, is registered with the Uttarakhand Peyjal Sansadhan Vikas Evum Nirman Nigam. The company has completed 45 projects and has worked with central and Uttarakhand government projects.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.
