Northern Arc Capital IPO GMP, Grey Market Premium, Check Allotment Status

Spread the love
5/5 - (1 vote)

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 Dates16 – 19 September 2024
Arkade Developers Issue PriceINR 249 – 263 per share
Employee Discount – INR 24 per share
Fresh issueINR 500 crore
Offer For Sale1,05,32,320 shares (INR 277 crore)
Total IPO sizeINR 777 crore
Minimum bid (lot size)57 shares (INR 14,991)
Face Value INR 10 per share
Retail Allocation35%
Listing OnBSE, NSE

Western Carriers IPO

Northern Arc Capital Financial Performance

 FY 2022FY 2023FY 2024
Revenue909.541,304.971,890.08
Expenses668.16988.101,484.83
Net income181.94242.21317.69
Margin (%)20.0018.5616.81

Northern Arc Capital Valuations & Margins

FY 2022FY 2023FY 2024 (Pre Issue)FY 2024 (Post-Issue)*
EPS12.7917.0222.3319.70
PE Ratio11.15 – 11.7812.64 – 13.35

Northern Arc Capital IPO Dates & Listing Performance

IPO Opening Date16 September 2024
IPO Closing Date19 September 2024
Finalization of Basis of Allotment20 September 2024
Initiation of refunds23 September 2024
Transfer of shares to demat accounts23 September 2024
Northern Arc Capital IPO Listing Date24 September 2024
Opening Price on NSEComing soon
Closing Price on NSEComing soon

* Calculated on the basis of annualized Profits After Tax for FY 2024

FY 2022FY 2023FY 2024
RONW (%)9.9211.7613.32
NAV122.21137.41162.64
EBITDA (%)73.5168.2661.56
Debt/Equity3.273.403.90

Northern Arc Capital IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
Coming soon

Northern Arc Capital IPO Reviews – Should Subscribe or Avoid?

Angel One –
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
BP Wealth –
Capital Market –
Canara Bank Securities –
Choice Broking –
Dalal & Broacha –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital –
Hem Securities –
ICICIdirect –
Investmentz –
Jainam Broking –
DR Choksey –
LKP Research –
Marwadi Financial –
Mehta Equities –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
Religare Broking –
Samco Securities –
SBI Securities –
SMC Global –
Swastika Investmart –
Ventura Securities –

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.

Leave a Comment