The Northern Arc Capital Ltd IPO Date Will Be Updated Soon. Read the post to learn about Northern Arc Capital Limited IPO GMP.
Northern Arc Capital Ltd. submitted their DRHP with SEBI on July 15, 2021. Northern Arc Capital, formed in 1989, is a non-bank fiscal institution that specializes in furnishing loan backing to depressed families and businesses.
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Key Details Of Northern Arc Capital Limited IPO:
Bidding Dates
Coming Soon
Price Range
₹0 per share
Face Value
₹0 per share
GMP
₹0
Northern Arc Capital Ltd GMP
The Northern Arc Capital Ltd IPO GMP Today is ₹[].
Northern Arc Capital IPO Overview
Northern Arc Capital Ltd. submitted their DRHP with SEBI on July 15, 2021. The offering consists of a fresh issue of Rs. 300 crores and an offer to trade over equity shares. The Northern Arc Capital Ltd IPO GMP Today is ₹[]. The company is also considering a pre-IPO placement of Rs 150 crore. The book running lead directors to the issue are IIFL Securities, Axis Capital, SBI Capital Markets and Credit Suisse Securities.
Northern Arc Capital, established in 1989, is an NBFC that primarily focuses on feeding the credit conditions of the under- served homes and businesses and furnishing them with debt finance. They’re one of the leading players in India’s diversified NBFCs. Northern Arc operates in sectors like microfinance, MSME finance, vehicle finance, consumer finance, affordable casing finance etc.
Northern Arc Capital IPO Financials
Particulars (in Rs. Crores) | FY 2021 | FY 2020 | FY 2019 |
Revenue | 681.17 | 632.82 | 601.55 |
PAT | 76.6 | 102.93 | 115.41 |
EPS (In Rs) | 5.35 | 7.92 | 10.91 |
Total Assets | 5,697.16 | 4,597.5 | 4,277.99 |
Total Borrowings | 3,932 | 2,921.5 | 2,925 |
Equity Share Capital | 87.92 | 87.47 | 78.34 |
Northern Arc Capital Peer Comparison
Firm Name | Total AUM (INR cr) | Year of incorporation |
Anicut Capital | 1,500 | 2015 |
Centrum Alternatives | 650 | 2017 |
Northern Arc Investments | 2,000 | 2014 |
Vivriti Asset Management | 236 | 2017 |
Company Profile
![Northern Arc](https://ipoupcoming.com/wp-content/uploads/2023/09/Northern-Arc.jpg)
They’re one of India’s best- known diversified NBFCs. Northern Arc operates in colorful diligence, including microfinance, MSME backing, auto finance, consumer finance, and affordable casing finance. Since its commencement, the association has raised further than Rs. 9,500 billion for its guests. Northern Arc Capital Ltd. filed its DRHP with SEBI on July 15, 2021. The immolation includes a new issue of Rs. 300 crore and an offer to vend up to equity shares. The company is also milling a Rs. 150 crore pre-IPO placement. Northern Arc Capital’s AUM from three core immolations has grown at a CAGR of 56.12 over the last ten times.
Since the platform’s commencement, they’ve raised over Rs.950.00 billion in finances for their guests, completed over 900 structured finance deals, secured over Rs.28.00 billion in investor commitments across nine high- performing finances, and accumulated over 22 million data points on client repayment behavior.
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Northern Arc Capital Ltd FAQs
What minimum lot size can retail investors subscribe to?
Retail investors can apply for a minimum of one lot.
When will Northern Arc Capital IPO list on exchanges?
Details are not available. Usually, it takes ten working days from the last day of subscription to finally list the IPOs on the stock exchanges.
How will I receive shares?
Your shares will get credited directly to your Demat account.
Is it necessary to approve a UPI mandate request immediately?
Approving the UPI payment is the final step of the IPO application. You will get T+1 days to approve the payment mandate in your UPI id.
![NBFCs](https://ipoupcoming.com/wp-content/uploads/2024/04/Northern-Arc-Capital-Ltd-IPO-GMP-Price-Date-Review-Details-–-IPO-Upcoming.jpg)
![Northern Arc IPO](https://ipoupcoming.com/wp-content/uploads/2024/04/Northern-Arc-Capital.jpg)
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