Subscription Details
The details about the Northern Arc Capital IPO are as:
- The issue size of the Northern Arc Capital IPO is 777 Cr.
- The price band for Northern Arc Capital IPO is Rs 249 to Rs 263.
- The shares of Northern Arc Capital IPO will list on 24th September 2024.
- The latest tentative GMP of Northern Arc Capital IPO is Rs 160.
- The shares of Northern Arc Capital IPO are subscribed 117.17 Times as of 19th September 2024.
Northern Arc Capital IPO Valuation
The approx valuation of Northern Arc Capital IPO based on its price band and RHP (prospectus) is:
Particulars |
Value |
Upper Price Band |
Rs 263 |
Existing Shares (Qty) |
14.23 Cr |
Fresh Issue |
500 Cr |
Market Cap |
4242.49 Cr |
EPS (FY24) |
Rs 34.61 |
PE Ratio |
7.59x |
Industry PE |
23.28x |
Northern Arc Capital IPO Issue Size
Northern Arc Capital IPO issue size is 777 Cr.
Issue |
Amount |
Fresh Issue |
500 Cr |
Offer For Sale |
277 Cr |
Northern Arc Capital IPO Market Lot
An Individual can apply for a minimum 1 lot of 57 shares and a maximum of 13 lots of 741 shares. Find the details below:
Application |
Lot |
Shares |
Amount |
Minimum |
1 |
57 |
Rs 14,991 |
Maximum |
13 |
741 |
Rs 1,94,883 |
Northern Arc Capital IPO share offer
The shares of Northern Arc Capital IPO are subscribed 117.17 Times as of 19th September 2024. The category-wise shares subscribed are as follows:
Category |
% Offered |
Subscription |
Qualified Institutional |
Maximum 50% |
242.73 Times |
Non-Institutional |
Minimum 15% |
147.57 Times |
Retail Individual |
Minimum 35% |
31.98 Times |
Total |
|
117.17 Times |
Allotment Details
Find below the dates for Northern ARC Capital IPO:
Schedule |
Date |
Basis of Allotment |
20 September 2024 |
Refunds |
23 September 2024 |
Credit to Demat Account |
23 September 2024 |
IPO Listing Date |
24 September 2024 |
Check allotment status