Northern Arc Capital Limited

  • Minimum Investment
    ₹14,193
  • Price Range
    ₹249 - ₹263
  • Issue Size
    ₹777.00 Cr
  • Lot Size
    57 shares

Proceeds of this IPO to be used for

To utilize the net proceeds to meet future capital requirements towards onward lending

To receive the benefits of listing the equity shares on the stock exchanges, enhancement of the company’s brand name, and creation of a public market for its equity shares in India

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Northern Arc Capital Limited

Large ecosystem of partners

The company has served India's retail credit market for over 14 years, facilitating Rs 1.5 trillion in financing and impacting 80.6 million lives. It has built a network of 306 Originator Partners, 48 Retail Lending Partners, and 1,007 Investor Partners.

Proprietary technology product

The company is a technology-driven financial services platform with in-house technology solutions, supporting a scalable business model that enables growth and revenue expansion.

Diversified sources of funding

The company maintains a well-diversified funding profile, supported by strong relationships with lenders and investors, proactive liquidity management, and a solid credit rating. Its broad base of lenders, including banks, offshore institutions, and NBFCs, ensures reliable funding.

High credit risk borrowers

The company's operations involve direct and indirect exposure to high credit-risk borrowers in under-served households and businesses in India. Large-scale defaults in this segment could negatively impact its business, operations, cash flow, and financial condition.

Interest rate risk

The company's financial performance is sensitive to interest rate risk, and failure to manage this risk could negatively impact its net interest income, operations, and cash flow.

Dependent on third parties

The company relies on third parties for support functions, and any service disruptions or deficiencies could negatively impact its business, reputation, operations, cash flow, and financial condition.

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Income Statement

Also called a Profit & Loss statement, an Income Statement shows how a company has performed financially over a specific accounting period. It focuses on revenue, expenses, profits, and losses.
Created with Highcharts 7.2.2RevenueNet IncomeProfit Margin0500.01.0 K1.5 K2.0 K10%12.5%15%17.5%20%
Mar 2020Mar 2021Mar 2023Mar 2024
Particulars (In Cr)Mar 2024Y/Y Change
Operating Revenue1,890.08+44.84%
Other Income15.95+156.04%
Total Income1,906.03+45.37%
Total Expenditure1,484.83+50.27%
EBIDT1,164.54+30.47%
Depreciation16.94+40.68%
Interest726.39+30.31%
Tax102.54+29.78%
Net Profit308.33+34.18%

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Created with Highcharts 7.2.2Total AssetsTotal LiabilitiesTotal Debt to Equity04.0 K8.0 K12.0 K16.0 K180%240%300%360%420%
Mar 2020Mar 2021Mar 2023Mar 2024
Particulars (In Cr)Mar 2024Y/Y Change
Total Current Assets11,562.12+25.48%
Total Non-Current Assets145.54-7.53%
Fixed assets35.49+27.48%
Total assets11,707.66+24.93%
Total Current Liabilities9,334.28+28.63%
Total Non-Current Liabilities52.96+12.22%
Total Capital Plus Liabilities11,707.66+24.93%
Total Shareholder Funds2,231.74+19.17%
Total Debt to Equity4.05+7.93%

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Created with Highcharts 7.2.2OperatingInvestingFinancing-2.4 K-1.2 K01.2 K2.4 K
Mar 2020Mar 2021Mar 2023Mar 2024
Particulars (In Cr)Mar 2024Y/Y Change
Cash from Operating Activity-2,134.45+64.74%
Cash from Financing Activities2,045.46+120.43%
Cash from Investing Activities36.05-130.17%
Net Cash Flow-52.94-89.13%

About Northern Arc Capital Limited

Northern Arc Capital Ltd. was incorporated on March 9, 1989. The company is a diversified financial services platform established to meet the retail credit needs of under-served households and businesses in India.

    Northern Arc Capital Limited IPO FAQs

    What is Northern Arc Capital Limited IPO?

    Northern Arc Capital Limited IPO refers to the initial public offering of shares by Northern Arc Capital Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

    What is the issue size of Northern Arc Capital Limited IPO?

    For Northern Arc Capital Limited IPO the issue size is ₹777 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

    What is the minimum investment amount for the Northern Arc Capital Limited IPO?

    For Northern Arc Capital Limited IPO the minimum investment is ₹14,193. The minimum investment for Northern Arc Capital Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

    What is the lot size of Northern Arc Capital Limited IPO?

    For Northern Arc Capital Limited IPO the lot size is 57 shares. The lot size of Northern Arc Capital Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

    How to apply for Northern Arc Capital Limited IPO on Share.Market?

    To apply for Northern Arc Capital Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Northern Arc Capital Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

    Can I pre-apply for Northern Arc Capital Limited IPO?

    Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Northern Arc Capital Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

    How many days is the IPO application window open?

    The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

    Till what time can I apply for an IPO on the last day on Share.Market?

    You can apply for the IPO till 3 PM on the last day of application on Share.Market.

    What is the allotment date of Northern Arc Capital Limited IPO?

    For Northern Arc Capital Limited IPO the allotment date is September 20, 2024. The allotment date of Northern Arc Capital Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

    What are the open and close dates of Northern Arc Capital Limited IPO?

    For Northern Arc Capital Limited IPO, the subscription opens on September 16, 2024 and closes on September 19, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
    Bidding Closed
    16 Sept - 19 Sept
    Total Subscription
    53.81x Oversubscribed