IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Performance
Performance Report
Northern Arc Capital IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 777.00 Cr. The company is based in Chennai and caters to Banking And Finance sector. Axis Bank , Citigroup Global Markets India , ICICI Securities are the merchant bankers of Northern Arc Capital IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 2nd February 2024.
Northern Arc Capital IPO open date is 16th September 2024 and close date is 19th September 2024. IPO Allotment Date is 20th September 2024 and Listing date is 24th September 2024.
IPO
Size:
₹ 777.00 Cr.
Avg IPO Size (Sector Based)
: ₹
1,777.43 cr.
Sector: Banking And Finance
IPO so far:
79
Merchant Banker:
Axis Bank
IPO by BRLM so far:
26
City:
Chennai
IPO so far:
37
Revenue (annualised):
₹
1906.03
cr. 
PE
Ratio:
13.36x
Average Sector PE Ratio: 20.56x
Northern Arc Capital IPO size is ₹ 777.00 Cr. with IPO price of ₹ 263.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Bank Limited is the book-running lead manager of the Northern Arc Capital IPO. Kfin Technologies Limited is the Registrar for Northern Arc Capital IPO.
Northern Arc Capital IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Northern Arc Capital IPO, based in Chennai, operates in the Banking And Finance sector with a focus on NBFC. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Northern Arc Capital IPO size is ₹ 777.00 Cr. with fresh issue size of ₹ 500.00 Cr. and Offer for sale being ₹ 277.00Cr.
The IPO allotment date for Northern Arc Capital IPO is expected to be 20th September 2024, after the finalization of basis of allotment. Investors can check Northern Arc Capital IPO allotment status on the registrars website, Kfin Technologies Limited . Northern Arc Capital IPO refund dates are 23rd September 2024.
Northern Arc Capital IPO is expected to be listed on 24th September 2024.
The upper price band for the Northern Arc Capital IPO is set at ₹ 263.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Northern Arc Capital IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Northern Arc Capital IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 19th September 2024. After submission, funds are blocked until the basis of allotment of Northern Arc Capital IPO is finalised.
The merchant banker for Northern Arc Capital IPO is Axis Bank Limited , Citigroup Global Markets India Private Limited , ICICI Securities Limited . Axis Bank Limited , Citigroup Global Markets India Private Limited , ICICI Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Northern Arc Capital IPO RHP for further details.
The registrar for Northern Arc Capital IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Northern Arc Capital IPO through their official website or helpline.
Northern Arc Capital IPO was subscribed 117.19 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 777.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 1,777.43 Cr.
Sector: Banking And Finance
IPO so far:
79
Merchant Banker:
Axis Bank
IPO by BRLM so far:
26
City:
Chennai
IPO so far:
37
Revenue (annualised):
₹ 1,890.00 cr.
PE
Ratio:
13.36x
Average Sector PE Ratio: 20.56x
Northern Arc Capital IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Northern Arc Capital Financial Review Page
Merchant Banker(s) of Northern Arc Capital IPO: Axis Bank Limited , Citigroup Global Markets India Private Limited , ICICI Securities Limited
Northern Arc Capital IPO subscription was 117.19 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Northern Arc Capital IPO listed at a listing price of 323.60 against the offer price of 263.00.
The current market price of Northern Arc Capital is 217.17.
Why Us?
