What is the issue size of Northern ARC Capital Ltd IPO?

The issue size of the Northern ARC Capital Ltd IPO is 7770000000.00.

What is 'pre-apply' for Northern ARC Capital Ltd IPO?

Pre-apply will allow you to apply for the Northern ARC Capital Ltd IPO 2 days before the subscription period starts.

If I pre-apply for Northern ARC Capital Ltd IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Northern ARC Capital Ltd IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Northern ARC Capital Ltd IPO order is placed?

We will notify you when your Northern ARC Capital Ltd IPO order is placed with the exchange.

What are the open and close dates of the Northern ARC Capital Ltd IPO?

Northern ARC Capital Ltd IPO will be open between 16 Sep '24 and 19 Sep '24.

What is the lot size and minimum order quantity of the Northern ARC Capital Ltd IPO?

Northern ARC Capital Ltd IPO lot size is 57 and minimum order quantity is 57.

What is the allotment date for the Northern ARC Capital Ltd IPO?

Northern ARC Capital Ltd IPO allotment date is 20 Sep '24. For Northern ARC Capital Ltd IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Northern ARC Capital Ltd IPO?

For Northern ARC Capital Ltd, the IPO registrar is KARVY. You can check Northern ARC Capital Ltd IPO allotment status on the website of the registrar.

Where is the Northern ARC Capital Ltd IPO getting listed?

The shares are proposed to be listed on the BSE and NSE.

Northern Arc Capital IPO

Northern ARC Capital Ltd

₹14,193 /57 sharesMinimum Investment

Northern Arc Capital IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
BSE₹263.00₹350.00₹87.00 (33.08%)
Northern Arc Capital IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
16 Sep ‘24 - 19 Sep ‘24₹14,19357₹249 - ₹263
Issue SizeIPO Doc
777.00CrRHP PDF
Subscription rateAs of 19 Sep'24, 05:00 PM
Qualified Institutional Buyers173.18x
Non-Institutional Investor134.79x
Retail Individual Investor29.11x
Employees6.42x
Total89.91x
About Northern Arc Capital
Northern Arc Capital is a financial services provider. The company primarily addresses the different retail credit needs of underserved households and businesses throughout India. The company provides credit to micro, small, and medium enterprises (MSMEs) and microfinance institutions (MFIs), and for consumer finance, vehicle finance, affordable housing, and agricultural finance. 
Northern Arc Capital channels its services through three main avenues: lending, placements, and fund management.;Founded in
1989
Managing director
Mr. Ashish Mehrotra
Parent organisation
Northern ARC Capital Ltd
Strengths & Financials of Northern Arc CapitalStrengths
Risks
Northern Arc Capital's in-house technology consists of Nimbus (a debt platform that facilitates complete debt transaction processes), nPOS (a co-lending and co-origination tool utilising application programming interfaces (APIs), Nu Score (a machine learning-driven analytical tool aiding originator partners in loan underwriting), and AltiFi (a platform for alternative retail debt investment).
The company claims to have established partnerships with various investor partners, including banks, asset management companies (AMCs), insurance companies, development financial institutions (DFIs), fund-of-funds, alternative investment funds (AIFs), foreign portfolio investors (FPIs), global investment vehicles, family offices, private wealth managers, foundations, and high-net-worth individuals (HNIs).
The company offers microfinance loans to underserved individuals through Pragati, its dedicated rural finance partner subsidiary.
The company claims to have developed a specialised risk management system tailored to each sector and channel it serves, which helps manage risks and build a diversified portfolio.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT) over the past few years. Revenue from operations increased from Rs 909.54 crore in FY22 to Rs 1,304.97 crore in FY23 to Rs 1,890.08 crore in FY24. Meanwhile, PAT increased from Rs 181.94 crore in FY22 to Rs 242.21 crore in FY23 to Rs 317.69 crore in FY24.
Northern Arc Capital Financials
*All values are in Rs. Cr
No Graph Data To Display
Application Details of Northern Arc Capital IPOApply asPrice bandApply upto
Regular₹249 - 263₹2 Lakh
Employee₹225 - 239₹2 Lakh
High Networth Individual₹249 - 263₹2 - 5 Lakh
For Northern Arc Capital IPO, eligible investors can apply as Regular & Employee.

Listed On	Issue Price	Listing Price	Listing Gains
BSE	₹263.00	₹350.00	₹87.00 (33.08%)

Bidding Dates	Min. Investment	Lot Size	Price Range
16 Sep ‘24 - 19 Sep ‘24	₹14,193	57	₹249 - ₹263

Issue Size	IPO Doc
777.00Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹249 - 263	₹2 Lakh
Employee	₹225 - 239	₹2 Lakh
High Networth Individual	₹249 - 263	₹2 - 5 Lakh

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Qualified Institutional Buyers	173.18x
Non-Institutional Investor	134.79x
Retail Individual Investor	29.11x
Employees	6.42x
Total	89.91x