Hello friends today i am talking about Northern Arc Capital GMP, You can check out the latest grey market premium, Kostak rates, and Sauda rates for today. Additionally, you can view the latest prices for Northern Arc Capital IPM GMP.
Northern Arc Capital will open on 16, September, 2024. This is financial services platform set up for retail credit requirements and households and business in India. Past 15 Years they given services to retail credit in india. They are given services to micro, small, medim enterprises(MSMEs) financing, microfinance (MFI), consumer finance, vehicle finance, affordable housing 265 finance, and agricultural finance.
Northern Arc Capital IPO Details
| Arkade Developers IPO Dates | 16 – 19 September 2024 |
| Arkade Developers Issue Price | INR 249 – 263 per share Employee Discount – INR 24 per share |
| Fresh issue | INR 500 crore |
| Offer For Sale | 1,05,32,320 shares (INR 277 crore) |
| Total IPO size | INR 777 crore |
| Minimum bid (lot size) | 57 shares (INR 14,991) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Northern Arc Capital Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 909.54 | 1,304.97 | 1,890.08 |
| Expenses | 668.16 | 988.10 | 1,484.83 |
| Net income | 181.94 | 242.21 | 317.69 |
| Margin (%) | 20.00 | 18.56 | 16.81 |
Northern Arc Capital Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 (Pre Issue) | FY 2024 (Post-Issue)* | |
| EPS | 12.79 | 17.02 | 22.33 | 19.70 |
| PE Ratio | – | – | 11.15 – 11.78 | 12.64 – 13.35 |
Northern Arc Capital IPO Dates & Listing Performance
| IPO Opening Date | 16 September 2024 |
| IPO Closing Date | 19 September 2024 |
| Finalization of Basis of Allotment | 20 September 2024 |
| Initiation of refunds | 23 September 2024 |
| Transfer of shares to demat accounts | 23 September 2024 |
| Northern Arc Capital IPO Listing Date | 24 September 2024 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
* Calculated on the basis of annualized Profits After Tax for FY 2024
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 9.92 | 11.76 | 13.32 |
| NAV | 122.21 | 137.41 | 162.64 |
| EBITDA (%) | 73.51 | 68.26 | 61.56 |
| Debt/Equity | 3.27 | 3.40 | 3.90 |
Northern Arc Capital IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Northern Arc Capital IPO Reviews – Should Subscribe or Avoid?
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Northern Arc Capital IPO FAQs
What is Northern Arc Capital IPO GMP today?
Northern Arc Capital IPO GMP today will be INR NA per share.
What is Northern Arc Capital kostak rate today?
Northern Arc Capital kostak rate today will be INR NA per application.
What is Northern Arc Capital Subject to Sauda rate today?
Northern Arc Capital Subject to Sauda around rate today INR NA per application.