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 and trades at ₹287 today, +9.1% against its issue price of ₹263. It was subscribed 111× in total.

263
Issue price
287
Price now
+9.1%
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

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹249 – ₹263
Cut-off price₹263
Issue size₹777 Cr
Shares per lot57
Minimum application₹14,991
Minimum quantity57
Face value₹10
Listing exchanges
ISININE850M01015
Bidding hours10:00 – 17:00 IST
Bidding window16 Sept 2024 – 19 Sept 2024

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.