Northern Arc Capital Limited
₹14,991(57 Shares)
Minimum Investment
IPO Dates
Sep 16, 2024 – Sep 19, 2024
Price Band
₹249–263 per equity share
Lot Size
57
Listing
Sep 26, 2024
Listing At
BSE, NSE
Northern Arc Capital Limited Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
bHNI (> ₹10L)
Bids above ₹10L
sHNI (< ₹10L)
Bids ₹2L to ₹10L
Overall Subscription
Total Bids Received
110.54x
Northern Arc Capital Limited IPO Issue Details
- Issue Price
- ₹249-263 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Fresh Share
- 1,90,11,407 shares(aggregating up to ₹500 crore)
- Listing At
- BSE, NSE
- Listing Date
- Sep 26, 2024
- Registrar
- Kfin Technologies Limited
Market Lot Details
Reservation Details
NII
43.51L
QIB
58.01L
Anchor
87.02L
Company Information
Northern Arc Capital, founded in 1989, is a non-bank financial institution that specialises in meeting the credit needs of underserved families and enterprises by providing loan financing. They are on...
Valuations
EPS (Pre-IPO)
22.32
EPS (Post-IPO)
19.69
P/E (Pre-IPO)
11.78
P/E (Post-IPO)
13.36
RoNW
13.32%
P/B Value
1.49
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1The company proposes to utilize the Net Proceeds to meet future capital requirements toward onward lending.
Contact Details
Corporate Office
No. 1, Kanagam Village 10th Floor, 10th Floor, IITM Research Park Taramani, Chennai - 600 113
Northern Arc Capital Limited Allotment & Registrar Details
Check AllotmentKfin Technologies Limited
Northern Arc Capital Limited IPO Documents
Frequently Asked Questions — Northern Arc Capital Limited IPO
The Northern Arc Capital Limited IPO price band is set at ₹249.00 to ₹263.00 per equity share.
The lot size for Northern Arc Capital Limited IPO is 57 shares per lot. The minimum investment amount is approximately ₹14,991.
The Northern Arc Capital Limited IPO opens on Sep 16, 2024 and closes on Sep 19, 2024.
Northern Arc Capital Limited IPO is expected to be listed on Sep 26, 2024 on BSE, NSE.
The current GMP for Northern Arc Capital Limited IPO is ₹130, suggesting an expected listing price of around ₹379.00. Note: GMP is an unofficial market indicator.
The registrar for Northern Arc Capital Limited IPO is Kfin Technologies Limited. You can contact them at nacl.ipo@kfintech.com.
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