Northern Arc Capital Limited

Northern Arc Capital Limited IPO

BSE, NSEClosed
Check Allotment
Sep 16, 2024Open Date
Sep 19, 2024Close Date
TBAAllotment Date
Sep 26, 2024Listing Date

Subscription Details

View Subscription Details
QIB240.79x
Retail30.47x
NIIs (Non-Institutional Investors)Main Category
142.13x

↳ NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

154.76x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

116.86x

Overall Subscription

Total Bids Received

110.54x

Updated: 10 Jul, 06:09 pm

Northern Arc Capital Limited IPO Issue Details

Issue Price₹249-263 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share1,90,11,407 shares(aggregating up to ₹500 crore)
Listing AtBSE, NSE
Listing DateSep 26, 2024
RegistrarKfin Technologies Limited

Reservation Details

CategoryShares Offered%
NII43,51,01615%
QIB58,01,35420%
Anchor87,02,03130%

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)

MetricFY 24FY 23FY 22
Total Assets11707.669371.577974.12
Total Revenue1906.031311.2916.55
Profit After Tax317.69242.21181.94
Net Worth2314.351955.391739.04

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 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

+91 44 6668 7000

investors@northernarc.com

Visit Website

Registrar Contact

Kfin Technologies Limited

04067162222, 04079611000

nacl.ipo@kfintech.com

Visit Website

Northern Arc Capital Limited IPO Documents

DRHP
RHP
ANCHOR

Frequently Asked Questions — Northern Arc Capital Limited IPO

Download Mobile App

Get push notifications instantly when IPO allotment goes live!

GET IT ONGoogle Play
DOWNLOADApp Store

Angel One

Free Demat

Zero Brokerage Equity

Angel One
Open Account Now

Zerodha

Free Demat

India's #1 Stock Broker

Zerodha
Open Account Now

Upstox

Free Demat

Instant Demat Account

Upstox
Open Account Now