Northern ARC Capital Ltd IPO

Northern ARC Capital Ltd IPO Price Range is ₹249 - ₹263, with a minimum investment of ₹14,991 for 57 shares per lot.

Subscription Rate

110.91x

Minimum Investment

₹14,991

/ 57 shares

IPO Status

Closed

Price Band

₹249 - ₹263

Bidding Dates

Sep 16, 2024 - Sep 19, 2024

Issue Size

₹777.00 Cr

Lot Size

57 shares

Min Investment

₹14,991

Listing Exchange

NSE

Northern ARC Capital Ltd IPO Application Timeline

Open Date16 Sep 2024

Close Date19 Sep 2024

Allotment Date20 Sep 2024

Listing Date24 Sep 2024

IPO Subscription Status

IPO subscribed over

🚀 110.91x

This IPO has been subscribed by 31.08x in the retail category and 240.79x in the QIB category.

Subscription Rate

Total Subscription	110.91x
Retail Individual Investors	31.08x
Qualified Institutional Buyers	240.79x
Non Institutional Investors	142.41x
Name	Northern ARC Capital Ltd

Strengths and Risks

Strengths

Large addressable and underpenetrated market with strong sectoral expertise.
Large ecosystem of partners and data and technology platform creating strong network effects.
Proprietary technology product suite transforming the debt market ecosystem.
Robust risk management based on domain expertise, proprietary risk models and data repository driving asset quality.
Diversified sources of funding for its own deployment and proactive liquidity management.
Professional management team supported by an experienced Board and marquee investors driving high standards of governance.
Strong ESG framework integrated into the business model with focus on creating sustainable impact and climate-smart lending.

How to Apply for Northern ARC Capital Ltd IPO on INDmoney

Download the INDmoney app and complete your KYC.
Go to INDstocks → IPO, or just search “IPO”.
Tap on Northern ARC Capital Ltd IPO from the list of live IPOs.
View key details like price band, lot size, and dates.
Tap Apply Now and choose your number of lots.
Use INDpay UPI for instant mandate tracking.
Your funds will be blocked until the share allotment is finalized.

About Northern ARC Capital Ltd

Northern ARC Capital Limited is a diversified financial services platform set up primarily with the mission of catering to the diverse retail credit requirements of the under-served households and businesses in India. Over the last 15 years, its approach has been to create a differentiated and comprehensive play on the retail credit ecosystem in India spread across sectors. Since 2009, the company has facilitated financing of over Rs. 1.73 trillion that has impacted over 101.82 million lives across India, as of March 31, 2024. The Company has one of the lowest industry-wide credit costs amongst diversified NBFCs in India, as of March 31, 2024.

Frequently Asked Questions of Northern ARC Capital Ltd IPO

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

The size of the Northern ARC Capital Ltd IPO is ₹777 Cr.

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

Northern ARC Capital Ltd IPO allotment date is Sep 20, 2024 (tentative).

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

The Northern ARC Capital Ltd IPO will open on Sep 16, 2024 and close on Sep 19, 2024

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

The lot size for the Northern ARC Capital Ltd IPO is 57.

When will my Northern ARC Capital Ltd IPO order be placed?

Your Northern ARC Capital Ltd IPO order will be placed on Sep 16, 2024

Can we invest in Northern ARC Capital Ltd IPO?

Yes, once Northern ARC Capital Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Northern ARC Capital Ltd IPO?

The potential listing gains on the Northern ARC Capital Ltd IPO will depend on various market factors and cannot be predicted with certainty.

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

'Pre-apply' for Northern ARC Capital Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.