Northern ARC Capital IPO
ListedNorthern ARC Capital IPO Details
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Bidding Date
16-Sep-2024 to
19-Sep-2024 -
Issue Size
₹777 Cr
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Price Band
₹249 to ₹263
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Allotment date
20-Sep-2024
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Listing date
24-Sep-2024
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Lot size
57
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No. of shares
2,95,43,727
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Fresh issue/OFS
₹500 Cr/₹277 Cr
About Northern ARC Capital Company
Founded in 2009, this company is a diversified financial services platform with the primary mission of addressing the retail credit needs of underserved households and businesses in India. It operates a multi-channel approach that includes Lending, Placements, and Fund Management. The Lending division provides direct and indirect loans to micro, small, and medium enterprises (MSMEs), microfinance institutions (MFI), consumer finance, vehicle finance, affordable housing, and agricultural sectors. Over the past 15 years, it has facilitated over ?1.73 trillion in financing, impacting over 101.82 million lives across India as of March 31, 2024. Its Placements channel offers structured debt and portfolio financing through a large network of investors, while its Fund Management arm manages debt funds and portfolio management services, providing capital to mid-market companies and Originator Partners. The company is supported by a proprietary technology stack, which enables efficient debt transactions and underwriting processes.
Read our in-depth analysis of the Northern ARC Capital Ltd. IPO Here
Subscription Status
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Category
Status
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QIBs
240.8x
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NIIs
142.1x
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Retail
30.5x
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Others
7.1x
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Total
110.5x
FAQs for Northern ARC Capital IPO.
What is the issue size of Northern ARC Capital IPO?
The issue size of Northern ARC Capital is ₹777.00 Cr.
What is the industry of Northern ARC Capital?
Northern ARC Capital falls into Non-banking Financial Services industry.
Where Northern ARC Capital IPO will be listed?
The Northern ARC Capital IPO will be listed on both NSE and BSE.
What are the open and close dates for the Northern ARC Capital IPO?
The open and close dates for the Northern ARC Capital are 16-Sep-2024 & 19-Sep-2024.
What are the price band for Northern ARC Capital IPO?
The price band for the Northern ARC Capital ipo is ₹249 to ₹263
What is the listing date of Northern ARC Capital IPO?
The listing date of Northern ARC Capital IPO is 24-Sep-2024.
What is the purpose for the Northern ARC Capital IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
How much times Northern ARC Capital IPO subscribed?
Northern ARC Capital total subscription ratio is 110.5X.
What are the key financials for the Northern ARC Capital IPO?
Key financial of the Northern ARC Capital are:
| Northern ARC Capital | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 1890.08 | 1306.8 | 909.54 |
| EBIT (₹ Cr) | 904.87 | 875.93 | 652.52 |
| Proft after Tax (₹ Cr) | 317.69 | 242.21 | 181.94 |
| Debt (₹ Cr) | 9047.76 | 7034.57 | 5982.96 |
| Net Worth (₹ Cr) | 2320.41 | 2067.73 | 1832.11 |
| RoE (%) | 13.69 | 11.71 | 9.93 |