Northern Arc Capital IPO

Northern Arc Capital's IPO includes 1.90 crore fresh shares worth INR 500 crore and 1.05 crore shares for INR 277 crore, aimed at meeting future capital needs for onward lending.

Important Details

Open Date : September 16, 2024 Close Date : September 19, 2024 Allotment Date: September 20, 2024 Listing Date: September 24, 2024

Important Details

IPO Price: INR 249-263 per share Lot Size: 57 Shares Total Issue Size: INR 777 crores

Fundamental Analysis

Northern Arc Capital IPO shows mixed performance: 1. Revenue: Consistently increasing, Equity: Rising. 2. Liabilities: Higher, Profitability: Improved. 3. EPS: Higher, Asset Growth: Strong. 4. RoNW: Declining

Peer Comparison

Companies Compared: Financial institutions from microfinance to large-scale. Key Metrics: Market positions, share prices, EPS, P/E ratios. Notable Examples: Bajaj Finance, Cholamandalam.

Objective

Main objective of Northern Arc Capital Limited is to meet future capital requirements towards onward lending.

Risks And Challenges

Northern Arc Capital  IPO  Risks: 1. Risk: Borrower delays or defaults. 2. Impact: Increased non-performing assets, affected financial health. 3. Equity Shares: Six-month lock-in period. 4. Exemptions: Specific conditions apply.