Northern Arc Capital Limited was founded in March 1989. The company is a diversified financial services platform established primarily to meet the diverse credit needs of India’s underserved households and businesses. Over the last 15 years, the company’s objective has been to create a differentiated and comprehensive credit offering to retail customers across various sectors in India. Since 2009 the company entered the financial inclusion space, it has facilitated over ₹ 1.73 trillion worth of financing, which will benefit over 101.82 million people in India by March 31, 2024.

Northern Arc Capital IPO, a Mainline IPO of ₹777.00 Cr opens for subscription from 16-09-2024 to 19-09-2024. The IPO consists of ₹500.00 Cr fresh issue and ₹277.00 Cr offer for sale. The face value is Rs. 10 and the price band is fixed at 249.00-263.00 per share. You can apply to the Northern Arc Capital Mainline IPO for a minimum lot of 57 shares amounting of Rs. 14991. The tentative listing date on the exchange (BSE, NSE) is 24-09-2024.

Northern Arc Capital IPO Dates

The Northern Arc Capital IPO date is September 16 and the close date is September 19. The Northern Arc Capital IPO allotment will be finalized on September 20 and the IPO listing on September 24.

IPO ActivityDate
IPO Open Date16-09-2024
IPO Close Date19-09-2024
Basis of Allotment Finalisation Date20-09-2024
Refunds Initiation23-09-2024
Credit of Shares to Demat Account23-09-2024
IPO Listing Date24-09-2024

Northern Arc Capital IPO Details

IPO Issue Opening Date:16th Sep 2024
IPO Issue Closing Date:19th Sep 2024
IPO Issue Price:₹249.00-263.00 Per Share
IPO Listing At:BSE, NSE
Retail Quota:Not less than 35.00% of the Net Offer
IPO Issue Type:Book Build Issue
IPO Issue Size:₹777.00 Cr
Offer for Sale:₹277.00 Cr
Fresh Issue:₹500.00 Cr
Face Value:₹10 Per Equity Share
IPO Discount:Emplopee:24.00

Northern Arc Capital IPO IPO Market Lot

The Northern Arc Capital IPO minimum market lot is 57 shares with ₹14,991 application amount. The retail investors can apply up-to 13 lots with 741 shares or ₹194,883 amount.

ApplicationLot SizeSharesAmount
Retail Minimum157₹14,991
Retail Maximum13741₹194,883
S-HNI Minimum14798₹209,874
B-HNI Minimum673,819₹1,004,397

Northern Arc Capital IPO Company Financial Report

The company reported revenue of ₹1,906.03 crores in 2024 against ₹1,311.2 crores in 2023. The company reported a profit of ₹317.69 crores in 2024 against a profit of ₹242.21 crores in 2023.

Period EndedRevenueExpenseProfit After TaxAssets
2022₹916.55₹668.16₹181.94₹7,974.12
2023₹1,311.2₹988.10₹242.21₹9,371.57
2024₹1,906.03₹1,484.83₹317.69₹11,707.66

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IPO,

Last Update: September 13, 2024