IPO Trending
NORTHARCEQ / NSE, BSEListed
Northern Arc Capital

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.

DRHPANCHOR
₹249 - ₹263114.16x sub
Listed Price₹350.00
Listing Gain+33.08%

IPO Schedule & Timeline

Bookbuilding IPO
Open16 Sep 2024
Close19 Sep 2024
Allotment20 Sep 2024
Listing24 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB58,01,355 shares
27.76%
HNI43,51,016 shares
20.82%
Retail1,01,52,371 shares
48.59%
Employee5,90,874 shares
2.83%

Minimum Application Lots

Retail1 Lot (57 shares)
₹14,991
sHNI14 Lots (798 shares)
₹2,09,874
bHNI67 Lots (3,819 shares)
₹10,04,397

Company Promoters

NA

Company Background

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, mi...

Lead Managers & Bankers

ICICI Securities LimitedAxis Capital LimitedCitigroup Global Markets India Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹1906.03 Cr
Growth+108.0%
Revenue Trend (₹ in Crores)
0.0730.61.5k2.2kMar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-241,906.03317.6911,707.669,047.76
Mar-231,311.2242.219,371.577,034.57
Mar-22916.55181.947,974.125,982.96

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 23.40%0%11.7813.36
Mar-23 17.380%0%00
Mar-2213.090%0%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
20 Sep 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
24 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Northern Arc Capital. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization20 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 Sep 2024Trading commences on exchange

How to Check Northern Arc Capital Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Northern Arc Capital from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Northern Arc Capital IPO

Complete issue overview for Northern Arc Capital (NORTHARC) IPO. The issue features an equity share price band of ₹249 – ₹263 per share with a minimum retail lot size of 57 Shares (minimum application amount of ₹14,991). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions