Northern Arc Capital Limited IPO Company Details:
Northern Arc Capital IPO is a book built issue of Rs 777.00 crores. The issue is a combination of fresh issue of 1.9 crore shares aggregating to Rs 500.00 crores and offer for sale of 1.05 crore shares aggregating to Rs 277.00 crores.
Northern Arc Capital IPO opens for subscription on September 16, 2024 and closes on September 19, 2024. The allotment for the Northern Arc Capital IPO is expected to be finalized on Friday, September 20, 2024. Northern Arc Capital IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, September 24, 2024.
Northern Arc Capital IPO price band is set at ₹249 to ₹263 per share. The minimum lot size for an application is 57 Shares. The minimum amount of investment required by retail investors is ₹14,991. The minimum lot size investment for sNII is 14 lots (798 shares), amounting to ₹209,874, and for bNII, it is 67 lots (3,819 shares), amounting to ₹1,004,397.
The issue includes a reservation of up to 590,874 shares for employees offered at a discount of Rs 24 to the issue price.
(source:https://www.chittorgarh.com/)
Northern Arc Capital Limited IPO Details;
IPO Date | September 16, 2024 to September 19, 2024 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price Band | ₹249 to ₹263 per share |
Lot Size | 57 Shares |
Total Issue Size | 29,543,727 shares (aggregating up to ₹777.00 Cr) |
Fresh Issue | 19,011,407 shares (aggregating up to ₹500.00 Cr) |
Offer for Sale | 10,532,320 shares of ₹10 (aggregating up to ₹277.00 Cr) |
Employee Discount | Rs 24 per share |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Northern Arc Capital Limited IPO
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Check Northern Arc Capital Limited IPO Allotment Status
Go Northern Arc Capital Limited IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.
One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-
Northern Arc Capital Limited IPO FAQ:
FAQ:
Ans. Northern Arc Capital IPO is a main-board IPO of 29,543,727 equity shares of the face value of ₹10 aggregating up to ₹777.00 Crores. The issue is priced at ₹249 to ₹263 per share. The minimum order quantity is 57 Shares.
The IPO opens on September 16, 2024, and closes on September 19, 2024.
Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Northern Arc Capital IPO opens on September 16, 2024 and closes on September 19, 2024.
Ans. Northern Arc Capital IPO lot size is 57 Shares, and the minimum amount required is ₹14,991.
Ans. The Northern Arc Capital IPO listing date is not yet announced. The tentative date of Northern Arc Capital IPO listing is Tuesday, September 24, 2024.
Ans. The minimum lot size for this upcoming IPO is 57 shares.