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Northern Arc Capital Limited IPO Allotment Status, Subscription, and IPO Details

Northern Arc Capital Limited IPO allotment is set for September 20, 2024, with shares priced at ₹249 to ₹263 per share. The offering allows bidding for lots of 57 shares or multiples thereof.
Northern Arc Capital Limited IPO Allotment Status, Subscription, and IPO Details

Northern Arc Capital Limited IPO Allotment Status 

The allotment date for the Northern Arc Capital Limited IPO is set for September 20, 2024, with shares priced at a range from ₹249 to ₹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.

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Northern Arc Capital Limited IPO Allotment Status Check 

To ascertain their allocation status for the Northern Arc Capital Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar kfintech Allotment Link.

IPO Allotment Status BSE 

Here are steps to check Northern Arc Capital Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Northern Arc Capital Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Northern Arc Capital Limited allotment status on kfintech Ltd

Step 1: Visit IPO registrar website – kfintech Services

Step 2: Select ‘Northern Arc Capital Limited’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Northern Arc Capital Limited IPO allotment status will be reflected on the screen.

Northern Arc Capital Limited IPO GMP Today

Northern Arc Capital Limited IPO GMP (Grey Market Premium) is ₹150 as of September 19, 2024.

Northern Arc Capital Limited IPO Subscription Status

Northern Arc Capital Limited IPO Day 3 subscription status shows Qualified Institutional Buyers (QIBs) at 0.31 times, Non-Institutional Investors at 50.76 times, Retail Institutional Investors (RIIs) at 18.94 times, and Employees at 4.32 times, with the total subscription at 20.15 times.

Northern Arc Capital Limited IPO Details

Northern Arc Capital IPO, worth ₹777 crore, includes a fresh issue of ₹500 crore (1.9 crore shares) and an offer for sale of ₹277 crore (1.05 crore shares). Open from September 16 to 19, 2024, the price band is ₹249-₹263 per share. The IPO is expected to list on BSE and NSE on September 24, 2024.

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