Northern Arc Capital Limited

Company Name	Northern Arc Capital Limited
Open Date	16-09-2024
Close Date	19-09-2024
Exchange	BSE, NSE
Lot Size	57 Shares
Issue Price	₹249 to ₹263 per share
Issue Size	2,95,43,727 shares
Application Amount	₹ 14,991 – ₹ 1,94,883 (57 to 741 shares)
Recommendation	Apply

Northern Arc Capital Limited was originally formed and incorporated on June 19, 2009. The registered office is located at Chennai, Tamil Nadu. The company offers retail loans to underserved households and businesses in India. The company has expertise in lending across various focus sectors in India, especially in micro, small, and medium enterprise (MSME) finance, microfinance (MFI), consumer finance, vehicle finance, affordable housing finance, and agriculture finance. The company had 2,695 permanent employees as of March 31, 2024.

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Financial Summary in Cr

KPI’s	FY 22	FY 23	FY 24
Revenue	909.54	1,304.97	1,890.09
EBITDA	661.63	884.49	1,147.63
Net Profit	181.94	242.21	317.70
RoNW	10.46%	12.39%	13.73%
RoA	2.60%	2.73%	2.97%
P/E	20.09	15.13	11.24

Tentative Timeline

Opening Date	16/09/2024
Closing Date	19-09-2024
Basis of Allotment	20-09-2024
Initiation of Refunds	23-09-2024
Credit of Shares to Demat	23-09-2024
Listing Date	24-09-2024

Objects of the Issue

To meet future capital requirements towards onward lending.

Contact Information

Registered Office	Northern Arc Capital Limited No. 1, Kanagam Village 10th Floor, 10th Floor, IITM Research Park Taramani, Chennai - 600 113
Phone	+91 44 6668 7000
Email	investors@northernarc.com
Website	http://www.northernarc.com/

Offer Documents

Northern Arc Capital IPO DRHP

Northern Arc Capital IPO RHP

Registrar Details

Name	KFin Technologies Limited
Phone	04067162222, 04079611000
Email	nacl.ipo@kfintech.com
Website	https://kosmic.kfintech.com/ipostatus/

IPO Reservation

QIB Shares Offered	Not more than 50.00% of the Net offer
Retail Shares Offered	Not less than 35.00% of the Net offer
NII (HNI) Shares Offered	Not less than 15.00% of the Net offer