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Northern Arc Capital IPO Soars with a Stunning 110.91x Subscription by Closing Day!

Northern Arc Capital Limited IPO on the final day, subscription rates are 240.79x for QIBs, 142.41x for Non-Institutional Investors, 31.08x for RIIs, and 7.33x for Employees, totaling 110.91x.
Northern Arc Capital IPO Soars with a Stunning 110.91x Subscription by Closing Day!

Northern Arc Capital Limited IPO final day subscription numbers showed impressive results. Qualified Institutional Buyers (QIBs) subscribed 240.79 times, Non-Institutional Investors 142.41 times, Retail Individual Investors (RIIs) 31.08 times, and Employees 7.33 times, leading to an overall subscription of 110.91 times.

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Northern Arc Capital Limited IPO Subscription Status

Northern Arc Capital Limited IPO made a strong impression on Day 3, with a 20.15 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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