Northern Arc Capital Limited
ListedMainboardFinancial Services · NSE / BSE
Northern Arc Capital Limited, established in 2009, focuses on providing financial support to underserved households and businesses across India through a diverse range of lending solutions. By March 31, 2024, it had facilitated over ₹1.73 trillion in financing, reaching more than 101.82 million people. The company specializes in sectors like MSME finance, microfinance, consumer finance, vehicle finance, affordable housing, and agriculture finance. With a total AUM of ₹1,136,139.11 million, Northern Arc operates through multiple channels, including direct lending, retail lending, and placements. It also manages ₹120,785.58 million in assets through AIFs and PMS funds. Backed by advanced technology platforms like Nimbus and AltiFi, and a workforce of 2,695 employees, Northern Arc continues to drive financial inclusion and business growth across India.
Price Band
₹249 – ₹263
Issue Size
₹777 Cr
Lot Size
57 shares
GMP
₹131
+49.8%
Est. Listing
₹394
at current GMP
Subscribed
114.16x
overall
Open
16 Sep 2024
Close
19 Sep 2024
Allotment
20 Sep 2024
Refund
21 Sep 2024
Demat Credit
22 Sep 2024
Listing
24 Sep 2024
Last updated 12 days ago
Overall Subscription
114.16x
Total Demand
QIB Multiplier
242.73x
Institutions & Funds
NII / HNI
147.81x
High Net-Worth
Retail (RII)
32.49x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 5,801,355 | 1,408,133,928 | 242.73x |
| NIB | 4,351,016 | 643,135,617 | 147.81x |
| HNIs(10L +) | 2,900,677 | 465,493,635 | 160.48x |
| HNIs (2-10L) | 1,450,339 | 177,641,982 | 122.48x |
| RETAIL | 10,152,371 | 329,814,711 | 32.49x |
| EMPLOYEES | 590,874 | 4,396,866 | 7.44x |
| Total | 25,246,632 | 3,028,616,739 | 114.16x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 3,635 | 116,802 | 32.13x |
| HNIs (2-10L) | 1,817 | 213,263 | 117.37x |
| RETAIL | 178,112 | 4,944,778 | 27.76x |
| Employee | — | 54,315 | 0.00x |
| Total Applications | 183,564 | 5,329,158 | 29.03x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Northern Arc Capital Limited Public Issue & Market Profile
Northern Arc Capital Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹777 Crores. The shares are offered at a price band of ₹249 to ₹263 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2024-09-19, the basis of allotment is scheduled to be finalized on 2024-09-20. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Northern Arc Capital Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Northern Arc Capital Limited IPO is ₹131 per equity share. Based on the upper price band of ₹249 to ₹263 per equity share, the estimated listing price is ₹394 (+49.8% expected listing gain).
What is the expected profit per lot for Northern Arc Capital Limited IPO?
With a lot size of 57 shares and current GMP of ₹131, the expected profit per application lot is approx ₹7,467 (+49.8% gain). Minimum application cost is approx ₹14,991.
What is the issue size and price band for Northern Arc Capital Limited IPO?
The Northern Arc Capital Limited IPO aggregate issue size is ₹777 Crores with an equity price band set at ₹249 to ₹263 per equity share. The retail lot size is 57 shares requiring a minimum capital outlay of approx. ₹14,991.
How can I check Northern Arc Capital Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 114.16x (Retail: 32.49x, QIB: 242.73x, NII: 147.81x). You can track live multiples directly on our dedicated subscription page.
Where and when will Northern Arc Capital Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-09-20. Investors can verify status using PAN card or application number.
When is the listing date for Northern Arc Capital Limited IPO?
Northern Arc Capital Limited shares are scheduled to list on NSE and BSE on 2024-09-24.