Northern Arc Capital IPO

 https://youtube.com/shorts/Y4gVHT-QBd4?si=_3Uw5DQOMBcxzvWt


  • Northern Arc Capital IPO
  • Northern Arc is a leading player amongst the country’s diversified NBFCs, with a business model diversified across offerings, sectors, products, geographies and borrower segments. It provides access to credit to under-served households and businesses directly and indirectly through Originator Partners.
  • The proceeds from the fresh issue would be utilised to meet future capital requirements of the company towards onward lending.
  • The Chennai-based company will sell its shares between ₹249 to ₹263 per share. At the upper end of the price band, the company will have a post-listing market capitalisation of ₹4,244 crore.
  • At the upper price band on the post-issue capital, the company is valued at a P/E (price-to-earnings) and P/BV (price-to-book value) multiple of 13.4 times and 1.5 times, respectively
  • Northern Arc Capital's revenue increased by 45% and profit after tax (PAT) rose by 31% between the financial year ending with March 31, 2024 and March 31, 2023.

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