247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Northern Arc Capital Limited IPO (Northern Arc Capital IPO) Details

Northern Arc Capital Limited is an Banking And Finance based company, located in Chennai, Northern Arc Capital Limited IPO size was 777.00 Cr. and was issued at 263.00 per share. The share of Northern Arc Capital Limited were listed at 323.60 per share and are currently trading at 210.53 per share.

Type :
Sub Sector : NBFC
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
1906.03 Cr.

PAT :
317.69 Cr.

Pricing Report

Issue Price :
263.00

Listing Price :
323.60

Current Market Price :
210.53

Issue Price vs CMP :
52.47 (19.95%)

listing Price vs CMP :
113.07 (34.94%)

Performance Report (CAGR* wise)

CAGR : -49.47
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Northern Arc Capital

Company Information
Northern Arc Capital Limited is a diversified financial services platform established with the mission of catering to the diverse retail credit requirements of under-served households and businesses in India. Over the last 14 years, it has created a differentiated and comprehensive approach to the retail credit ecosystem in India, spanning across various sectors. Since entering the financial inclusion space in 2009, the company has facilitated financing of over '1.50 trillion, impacting over 80.59 million lives across India as of September 30, 2023. According to the CRISIL Report, it is one of the leading players among India
Object of Issue
  • The company proposes to utilize the Net Proceeds to meet future capital requirements toward onward lending

Northern Arc Capital MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2024
IPO Size :
777.00 Cr.
Market Cap :
4242.86 Cr.   
IPO Subscription :
117.19 X     
PE Multiple :
13.36
Merchant Banker :
Axis Bank Limited
IPO Registrar:
Kfin Technologies Limited

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FAQs

Northern Arc Capital operates in Banking And Finance and NBFC. The Issue is listed on MainBoard in Sep, 2024. Northern Arc Capital IPO size was 777.00 Cr. with Issue price of 263.00 .

Merchant Banker(s) of Northern Arc Capital IPO: Axis Bank Limited , Citigroup Global Markets India Private Limited , ICICI Securities Limited

Northern Arc Capital IPO subscription was 117.19 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Northern Arc Capital IPO listed at a listing price of 323.60 against the offer price of 263.00.

The current market price of Northern Arc Capital is 210.53.

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