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ListedMainboardNORTHARC

Northern Arc Capital Limited

Northern Arc Capital Limited is a mainboard IPO raising ₹777 Cr at ₹249 – ₹263 a share. It listed on 24 Sept 2024 at ₹351, +33.5% against its issue price of ₹263, and trades at ₹306 today (+16.5% since issue). It was subscribed 111× in total.

Get alerts on this companyCompany pageProspectus ↗
₹263
Issue price
₹306
Price now
+16.5%
Since issue price
24 Sept 2024
Listed on
111×Subscribed (final) · all exchanges

110.9 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

How its cohort has done

95 mainboard issues listed in 2024 that we can price today. This is the group this issue belongs to.

+7.4%
Median return since issue price
48.4%
Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

How the book finished

The category split is the number worth reading, not the total.

QIB241×
Non-institutional142×
Retail31×

QIB: 241× their allocation. Retail: 31×.

See the full split, sub-category by sub-category →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits
How demand built over timeFinal figure held, but no series — we were not sampling this issue while it was live
Price-point demand curveLive only — NSE stops serving this once bidding closes
Lead managers and registrar3 banks
Official documents4 documents
Listing-day priceOpened at ₹351 on debut
Performance since listingComputed from our own daily closes

Led by Axis Capital Limited — median +35.0% across the 112 of its issues we can price. All lead managers →

What happens when

16 SeptBidding opens
19 SeptBidding closes
20 SeptAllotment
23 SeptRefunds
24 SeptListing

Track NORTHERN ARC CAPITAL LTD

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

Open the company page

Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.