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Northern Arc Capital Limited IPO Takes Off with a 2.86x Subscription Surge on Opening Day! 

Northern Arc Capital Limited IPO received 2.86 times total subscription on Day 1, with strong demand from Non-Institutional Investors at 4.47 times and Retail Investors at 3.86 times.
Northern Arc Capital Limited IPO Takes Off with a 2.86x Subscription Surge on Opening Day! 

Northern Arc Capital Limited IPO on Day 1 received a total subscription of 2.86 times. Qualified Institutional Buyers (QIBs) subscribed 0.02 times, Non-Institutional Investors (NIIs) subscribed 4.47 times, and Retail Individual Investors (RIIs) subscribed 3.86 times, indicating strong interest from non-institutional and retail investors.

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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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