Northern Arc Capital IPO Date, Review, Price, Allotment Details

Northern Arc Capital IPO Details

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.

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.

Promoters of Northern Arc Capital IPO

NA

About Northern Arc Capital IPO

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. Last 15 years, the company’s approach has been to create a differentiated and comprehensive play on the retail credit ecosystem in India spread across sectors. They have designed new domain expertise in enabling credit across our focused sectors in India, such as micro, small, and medium enterprises (MSMEs) financing, microfinance (MFI), consumer finance, vehicle finance, affordable housing 265 finance, and agricultural finance. They have been operating in the MSME, MFI, and consumer finance sectors for over 14 years, 15 years, and nine years, respectively. Since 2009, when They entered the financial inclusion space, we have facilitated the financing of over ₹1.73 trillion which has impacted over 101.82 million lives across India, as of March 31, 2024. As per the reports, Northern Arc is one of the leading players amongst India’s diversified NBFCs in terms of Assets under Management (“AUM”) as of March 31, 2024, with a business model diversified across offerings, sectors, products, geographies, and borrower categories. The company has also developed an efficient and scalable business model which provides an end-to-end integrated technology product suite customized to multiple sectors.

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.

Amount ₹ in Crores

Northern Arc Capital IPO Valuation – FY2024

Check Northern Arc Capital IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• The company proposes to utilize the Net Proceeds to meet future capital requirements toward onward lending.

Northern Arc Capital IPO Review

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Northern Arc Capital IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

IPO Lead Managers aka Merchant Bankers

• ICICI Securities Limited
• Axis Bank Limited
• Citigroup Global Markets India Private Limited

Company Address

Northern Arc Capital Limited
No. 1, Kanagam Village 10th Floor,
10th Floor, IITM Research Park Taramani,
Chennai – 600 113
Phone: +91 44 6668 7000
Email: [email protected]
Website: http://www.northernarc.com/

Northern Arc Capital IPO FAQs