31 Mar 2022
Assets7,974.12
Total Income916.55
Profit After Tax181.94
NET Worth1,739.04
Reserves and Surplus1,555.30
Total Borrowing5,982.96
At a glance
Updated 2026-08-24The shares listed at ₹350.00, a 33.08% move from the issue price. Northern Arc Capital is a Mainboard IPO with an issue size of ₹777.00 crore, proposed for listing on BSE, NSE. The offer opens on 16th Sep 2024 and closes on 19th Sep 2024. The issue structure includes a fresh issue of ₹500.50 crore and an offer-for-sale component of ₹276.50 crore. The current listing schedule points to 24th Sep 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹777.00 Cr
Fresh issue₹500.50 Cr
Offer for sale₹276.50 Cr
Face value₹10
Price band₹249.00–₹263.00
Allotment20th Sep 2024
Listing24th Sep 2024
Listing performance
Full performance ↗Issue price₹263.00
Listing price₹350.00
Current price—
Listing gain33.08%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹131.00
GMP / upper price49.81%
Est. listing₹394.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens16th Sep 2024
Closes19th Sep 2024
Allotment20th Sep 2024
Refund23rd Sep 2024
Demat23rd Sep 2024
Listing24th Sep 2024
Subscription demand
Full bidding ↗Total117.19×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 57 | ₹14,991 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Future capital requirements towards onward lending. | ₹500.00 Cr |
Financials
Full financials ↗31 Mar 2023
Assets9,371.57
Total Income1,311.20
Profit After Tax242.21
NET Worth1,955.39
Reserves and Surplus1,784.22
Total Borrowing7,034.57
31 Mar 2024
Assets11,707.66
Total Income1,906.03
Profit After Tax317.69
NET Worth2,314.35
Reserves and Surplus2,123.37
Total Borrowing9,047.76
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| Debt / Equity | 3.90% |
| RoNW | 13.32% |
| Price to Book Value | 1.49 |
Valuation & shareholding
Pre-IPO EPS22.32
Post-IPO EPS19.69
Pre-IPO P/E11.78
Post-IPO P/E13.36
Market cap₹4242.86 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| BRLMs' fees and commissions (including underwriting commission, brokerage and selling commission) | ₹36.33 Cr |
| Selling commission/processing fee for SCSBs, Banker to the Offer, Sponsor Banks and fee payable to the Sponsor Banks for Bids made by UPI Bidders(2)(3)(4) | ₹3.26 Cr |
| Fees payable to the Registrar to the Offer | ₹1.20 Cr |
| Fee payable to other parties, including but not limited to auditors, independent chartered accountants and independent third party research agencies | ₹7.43 Cr |
| Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | ₹6.89 Cr |
| Printing and stationery expenses | ₹1.34 Cr |
| Advertising and marketing expenses | ₹8.85 Cr |
| Fees payable to legal counsel | ₹7.73 Cr |
| Miscellaneous | ₹4.85 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- ICICI Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.