Exchanges
BSE, NSE
Industry
Non Banking Financial Company (NBFC)
Issue
Book building

Northern Arc Capital IPO

₹323.40

+22.97% on listing

Listing-day close · NSE · 24 Sep 2024 · issue price ₹263

Northern Arc Capital’s ₹777 crore IPO was priced at ₹263 a share. It listed on the NSE on 24 Sep 2024 and closed its first day at ₹323.40, up 22.97% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹777 Cr
Fresh issue
₹501 Cr
Offer for sale
₹276 Cr
Lot size
57 shares
Minimum investment
₹14,991
Face value
₹10
Registrar
Kfin Technologies

Subscription

Northern Arc Capital IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—80.97×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹4,243 Cr
P/E (post-issue)
13.4
EPS (post-issue)
₹19.69
Price to book
1.5
Debt to equity
3.90

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
24 Sep 2024
Issue price
₹263
Open
₹350.00
High
₹350.00
Low
₹308.20
Close
₹323.40

Listing day on the NSE. The close was +22.97% on the issue price.

NORTHERN ARC CAPITAL share price today

FAQs

When did the Northern Arc Capital IPO open and close?

It opened on 16 Sep 2024 and closed on 19 Sep 2024.

What was the Northern Arc Capital IPO price?

The price band was ₹249–263 a share. The final issue price was ₹263.

What is the lot size and minimum investment?

One lot is 57 shares, ₹14,991 at ₹263 a share. Retail investors apply in whole lots.

How much did Northern Arc Capital raise?

₹777 crore: ₹501 crore of new shares and ₹276 crore offered by existing shareholders.

How many times was the Northern Arc Capital IPO subscribed?

80.97 times overall.

How did Northern Arc Capital list?

It listed on the NSE on 24 Sep 2024 at ₹350.00 and closed the day at ₹323.40, up 22.97% on the ₹263 issue price.

Who is the registrar of the Northern Arc Capital IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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