Northern Arc Capital IPO Subscription Details

Bookbuilding IPO | ₹777 Cr | Listed at BSE, NSE | Mon, Sep 16, 2024 - Thu, Sep 19, 2024

Basis of Allotment - Northern Arc Capital IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)58,01,35487,02,0311,45,03,38514,50,33929,00,67743,51,0161,01,52,3715,90,8742,95,97,646
Allotment price (Rs.)263263263263263263263239263
No.of applications191152062,15,5001,18,1053,33,60545,12,61381448,47,238
No.of shares applied1,40,32,95,36994,62,6271,41,27,57,99618,08,83,40146,87,90,11664,96,73,51733,34,75,1376,09,6152,39,65,16,265
Amount collected (Rs.cr.)36,906.67 248.87 37,155.54 4,757.23 12,329.18 17,086.41 8,770.40 14.57 62,913.55
No.of times subscribed241.891.0997.41124.72161.61149.3232.851.0380.97
No.of shares allotted58,01,35487,02,0311,45,03,38514,50,33929,00,67743,51,0161,01,52,3715,90,8742,95,97,646
Amount (Rs.cr.)152.58 228.86 381.44 38.14 76.29 114.43 267.01 14.12 777.00
No.of allottees179151941,8173,6345,4511,78,1115131,84,269

IPO Shares Offered

Northern Arc Capital IPO is a public issue of 2.96 Cr equity shares. The issue offers 1.02 Cr shares to retail investors, 1.45 Cr shares to qualified institutional buyers, and 0.44 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,45,03,385381.44 49.00%
    Anchor 87,02,031 228.86 29.40%
    QIB (Ex Anchor) 58,01,354 152.58 19.60%
NII 43,51,016114.43 14.70%
    bNII (> ₹10L)29,00,67776.29 9.80%
    sNII (< ₹10L)14,50,33938.14 4.90%
Retail1,01,52,371267.01 34.30%
Employee5,90,87415.54 2.00%
Total2,95,97,646778.42 100%

Northern Arc Capital IPO Anchor Investor Allocation

A total of 87,02,031 shares at a price of Rs 263 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 13, 2024
Anchor investor price₹263.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days43,51,016
No. of shares locked-in for 90 days43,51,016

IPO Subscription FAQs

The Northern Arc Capital IPO is subscribed 117.19 times by Sep 19, 2024 18:16.

Northern Arc Capital IPO Subscription

Investor Category Subscription (times)
Qualified Institutional242.73
Non Institutional147.58
Retail Individual32.01
Total Subscription117.19

Retail category of Northern Arc Capital IPO subscribed 32.01 times as of date Sep 19, 2024 18:16. The public issue closes on Thu, Sep 19, 2024 for bidding.

An investor can apply in Northern Arc Capital IPO online via bank (using ASBA) or the broker (using UPI). The Northern Arc Capital IPO shares are offered online only.

The Northern Arc Capital IPO is subscribed 117.19 times by Sep 19, 2024 18:16.

The Northern Arc Capital IPO allotment status is expected on or around Friday, September 20, 2024. Visit Northern Arc Capital IPO allotment status to check.

The Northern Arc Capital IPO listing date is September 24, 2024. The equity share of Northern Arc Capital IPO will list on BSE, NSE.

Visit Northern Arc Capital IPO subscription status page for real-time bidding information about Northern Arc Capital IPO.

Northern Arc Capital IPO Timetable

IPO opens OnMonday, September 16, 2024
IPO Closes OnThursday, September 19, 2024
Finalisation of Basis of AllotmentFriday, September 20, 2024
Initiation of RefundsMonday, September 23, 2024
Credit of Shares to Demat AccountMonday, September 23, 2024
IPO Listing DateTuesday, September 24, 2024
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