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 and trades at ₹287 today, +9.1% against its issue price of ₹263. It was subscribed 111× in total.
110.9 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 58,48,056 | 1,40,81,33,928 | 241× |
| Foreign Institutional Investors | no separate quota | 37,20,37,233 | n/a |
| Domestic Financial Institutions | no separate quota | 64,08,75,795 | n/a |
| Mutual funds | no separate quota | 7,30,95,831 | n/a |
| Others | no separate quota | 32,21,25,069 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 45,11,808 | 64,25,29,308 | 142× |
| Non Institutional Investors | 30,07,872 | 46,54,93,635 | 155× |
| Corporates | no separate quota | 73,95,066 | n/a |
| Individuals | no separate quota | 41,21,10,228 | n/a |
| Others | no separate quota | 4,59,88,341 | n/a |
| Non Institutional Investors | 15,03,936 | 17,70,35,673 | 118× |
| Corporates | no separate quota | 5,26,224 | n/a |
| Individuals | no separate quota | 15,69,09,999 | n/a |
| Others | no separate quota | 1,95,99,450 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 1,05,27,552 | 32,72,47,602 | 31× |
| Cut Off | no separate quota | 29,14,67,790 | n/a |
| Price bids | no separate quota | 3,57,79,812 | n/a |
| Employees | 5,90,874 | 43,32,969 | 7.33× |
| Cut Off | no separate quota | 38,83,923 | n/a |
| Price Bids | no separate quota | 4,49,046 | n/a |
| Total | 2,14,78,290 | 2,38,22,43,807 | 111× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:41 pm IST.
How demand built
Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.