IPO

Northern ARC Capital Limited IPO

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Offer Date: Sep 16, 2024 - Sep 19, 2024

₹ 14991 /57 Shares

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Northern ARC Capital IPO Details

16 Sep, 2024

Open Date

19 Sep, 2024

Close Date

20 Sep, 2024

Allotment Date

24 Sep, 2024

Listing Date

Issue Price

₹249-263 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

Market Lot

Retail : 57 Shares (₹14,991/-)
S-HNI : 798 Shares (₹2,09,874/-)
B-HNI : 3,819 Shares (₹10,04,397/-)

Lead Manager

ICICI Securities Limited
Axis Bank Limited
Citigroup Global Markets India Private Limited

Issue Size

Approx 777 Crores

Retail Portion

35% (Number of Retail Applications: 1,78,112 Approx),
(Number of S-HNI Applications : 1,817 Approx),
(Number of B-HNI Applications : 3,635 Approx)

Subscription

N/A times

Northern ARC Capital 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

Northern ARC Capital Company Financials All values are in ₹ Cr.

31-Mar-2431-Mar-2331-Mar-22
Assets11,707.669,371.577,974.12
Revenue1,906.031,311.2916.55
Profit After Tax317.69242.21181.94

About The 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.

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Northern ARC Capital - Promoter(s)

Pre Issue Share Holding: N/A%

Post Issue Share Holding: N/A%


Company Promoter(s)

Northern ARC Capital IPO - Issue Objectives


Northern ARC Capital IPO - Anchor Investors

Northern Arc Capital gets Rs 229 cr from anchor investors.

SBI General Insurance Company, SBI Life Insurance Company, Reliance General Insurance Company, Kotak Mahindra Life Insurance Company, Goldman Sachs (Singapore) Pte, Societe Generale, and Quant Mutual Fund are among the anchor investors.

Northern ARC Capital IPO - FAQs

Ans. Northern ARC Capital Limited IPO is a Mainboard IPO. The issue is priced at ₹249-263 per equity share. The minimum order quantity is 57 Shares. The IPO opens on Sep 16, 2024, and closes on Sep 19, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Northern ARC Capital Limited IPO opens on Sep 16, 2024 and closes on Sep 19, 2024.

Ans. The size of Northern ARC Capital Limited IPO is Approx 777 Crores.

Ans. The IPO price band is set between ₹249-263 per equity share.

Ans. To apply for Northern ARC Capital Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Northern ARC Capital Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Northern ARC Capital Limited IPO is Sep 20, 2024.

Ans. The Northern ARC Capital Limited IPO will be listed on Sep 24, 2024.

Ans. Follow the steps to check the allotment status for Northern ARC Capital Limited IPO here.

Northern ARC Capital Limited IPO
Northern ARC Capital Limited IPO

Offer Date

Sep 16 - Sep 19, 2024

Offer Price

₹ 249-263

Lot Size

57


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