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.
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.