Northern ARC Capital
Mainboard₹14,991 / 57 Shares
Northern ARC Capital IPO Details
The Northern ARC Capital IPO price band is set between ₹249-263 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 16 Sep, 2024 and closes on 19 Sep, 2024. Investors can check the allotment status on 20 Sep, 2024, while the listing date is tentatively scheduled for 24 Sep, 2024.
The total issue size is Total ₹777.00 Cr :#Fresh Issue : 19,011,407 shares, aggregating up to ₹500.00 Cr. Stay tuned for the latest Northern ARC Capital IPO review and GMP updates.
Northern ARC Capital IPO Review, Rating & Analysis
Northern ARC Capital IPO Review
NO REVIEWNorthern ARC Capital IPO Rating
Northern ARC Capital IPO Highlights
IPO Date
Sep 16, 2024 - Sep 19, 2024
Listing Date
24 Sep, 2024
Face Value
₹10 Per Equity Share
Price Band
₹249-263 per equity share
Lot Size
57 Shares
Fresh Issue
19,011,407 Shares
Offer for Sale
10,532,320 shares of ₹10
Listing At
BSE, NSE
Northern ARC Capital IPO Lot Size
The minimum market lot for Northern ARC Capital IPO is 57 shares with an application amount of ₹14,991. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 57 | ₹14,991 |
| Retail (Max) | 13 | 741 | ₹1,94,883 |
| S-HNI (Min) | 14 | 798 | ₹2,09,874 |
| S-HNI (Max) | 66 | 3762 | ₹9,89,406 |
| B-HNI (Min) | 67 | 3819 | ₹10,04,397 |
Northern ARC Capital IPO Timeline
Issue Price
₹249-263 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
ICICI Securities LimitedAxis Bank LimitedCitigroup Global Markets India Private LimitedIssue Size
Total ₹777.00 Cr :#Fresh Issue : 19,011,407 shares(aggregating up to ₹500.00 Cr) +
#OFS : 10,532,320 shares of ₹10(aggregating up to ₹277.00 Cr)
Northern ARC Capital IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 11707.66 | 1906.03 | 317.69 | 2314.35 | 2123.37 | 9047.76 |
| 31 Mar 23 | 9371.57 | 1311.2 | 242.21 | 1955.39 | 1784.22 | 7034.57 |
| 31 Mar 22 | 7974.12 | 916.55 | 181.94 | 1739.04 | 1555.3 | 5982.96 |
All values are in ₹ Cr.
Northern ARC Capital IPO Valuations
EPS Pre IPO
22.32EPS Post IPO
19.69PE Pre IPO
11.78PE Post IPO
13.36ROE
-ROCE
-Debt Equity
3.90RoNW
13.32%PAT Margin
-Price to Book Value
1.49Promoters & Share Holding
Promoter(s) Name
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A% | N/A% |
About Company
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 one of the most well-known diversified NBFCs in India. Microfinance, MSME financing, auto finance, consumer finance, and affordable housing finance are some of the industries in which Northern Arc works.
Northern ARC Capital IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 5,801,354 | 4,351,016 2,900,678 1,450,338 | 10,152,384 | 20,304,754 |
Day 1 -16-09-24 05:00 PM | 0.02 x | 4.47 3.97 x 5.46 x | 3.86 x | 2.86 x |
Day 2 -17-09-24 05:00 PM | 0.20 x | 21.72 20.41 x 24.34 x | 10.84 x | 9.99 x |
Day 3 -18-09-24 05:00 PM | 0.31 x | 50.80 51.09 x 50.22 x | 18.97 x | 20.18 x |
Day 4 -19-09-24 05:00 PM | 240.79 x | 142.13 154.76 x 116.86 x | 30.47 x | 110.54 x |
Retail:27.76x
BHNI:31.1x
SHNI:116.1x times
Company Contact Details
Northern ARC Capital
No. 1, Kanagam Village 10th Floor, 10th Floor, IITM Research Park Taramani, Chennai - 600 113Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: nacl.ipo@kfintech.com
Frequently Asked Questions about Northern ARC Capital IPO
When will Northern ARC Capital IPO open for subscription?
The Northern ARC Capital IPO opens on 16 Sep, 2024 and closes on 19 Sep, 2024.
What is the investors portion for Northern ARC Capital IPO?
The investors' portion for QIB is 240.79 x, NII is 154.76 x, and Retail is 30.47 x.
How to apply for Northern ARC Capital IPO?
You can apply for Northern ARC Capital IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Northern ARC Capital IPO?
The issue size of Northern ARC Capital IPO is approx ₹Total ₹777.00 Cr :#Fresh Issue : 19,011,407 shares(aggregating up to ₹500.00 Cr) +#OFS : 10,532,320 shares of ₹10(aggregating up to ₹277.00 Cr) crores.
What is the price band of Northern ARC Capital IPO?
The price band for Northern ARC Capital IPO is ₹249 to ₹263 per equity share.
What is the lot size of Northern ARC Capital IPO?
The minimum bid (lot size) for Northern ARC Capital IPO is N/A shares with an investment of approx ₹14,991 .
What is the allotment date of Northern ARC Capital IPO?
The allotment date for Northern ARC Capital IPO is 20 Sep, 2024.
What is the listing date of Northern ARC Capital IPO?
The listing date for Northern ARC Capital IPO is expected to be 24 Sep, 2024.
What is the GMP of Northern ARC Capital IPO?
The latest Grey Market Premium (GMP) for Northern ARC Capital IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.