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Northern Arc Capital IPO Skyrockets with 9.98x Subscription Boost by Day 2!

Northern Arc Capital Limited IPO on Day 2, subscription rates are 0.20x for QIBs, 21.71x for Non-Institutional Investors, 10.82x for RIIs, and 2.24x for Employees, totaling 9.98x.
Northern Arc Capital Limited IPO

Northern Arc Capital Limited IPO Day 2 subscription status shows Qualified Institutional Buyers (QIBs) at 0.20 times, Non-Institutional Investors at 21.71 times, Retail Institutional Investors (RIIs) at 10.82 times, and Employees at 2.24 times, with the total subscription at 9.98 times.

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Northern Arc Capital Limited IPO Subscription Status

Northern Arc Capital Limited IPO made a strong impression on Day 1, with a 2.86 times subscription, reflecting solid investor confidence and a positive market reception.

How to check Northern Arc Capital IPO Subscription Status?

Steps to check Northern Arc Capital Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Northern Arc Capital Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Northern Arc Capital Limited IPO Allotment Status

The allotment date for the Northern Arc Capital Limited IPO is set for September 20, with shares priced from ₹249 – ₹263 per share and a face value of ₹10. The offering consists of lots of 57 shares, with bids accepted for these lots or their multiples.

Northern Arc Capital Limited IPO Listing Date 

Northern Arc Capital Limited IPO is expected to be listed on the NSE SME on September 24, 2024.

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