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Northern Arc Capital Limited
Issue Size (Net)
up to Rs.777.00 Cr
Price Band
Rs.249 to Rs.263 per share share
Issue Opens
September 16, 2024
Issue Closes
September 19, 2024

Company Highlights

1.Company Information

Northern Arc Capital Limited was founded in 2009 and offers retail loans to underserved households and businesses in India.

Northern Arc Capital's business model is diversified across different offerings, sectors, products, geographies, and borrower
categories. As of March 31, 2024, the company has facilitated over Rs. 1.73 trillion worth of financing, reaching out to over
101.82 million people across 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 has been active in MSME finance for over 14 years, MFI finance for 15 years and consumer finance for nine years.The
company serves the retail lending market through a multi-channel approach that includes:

Lending: Extending financing from the company's balance sheet (Lending) to originator partners in the form of loans or investments
in their debt to enable on-lending to retail customers (Intermediate Retail Lending) and directly to underserved households and businesses
(Direct-to-Customer Lending) either in collaboration with retail lending partners or through the branch network to offer rural finance and
MSME loans, with AUM of Rs. 117,100.19 million across 671 districts, 28 states and seven union territories in India, as of March 31, 2024;

Placements: Enabling loans to originator partners through various financing products (placements) with a total AUM of Rs. 1,019,038.92
million as of March 31, 2024; and

Fund Management: Managing debenture funds and providing portfolio management services (fund management) with a total volume of
Rs.120,785.58 million spread across 10 alternative investment funds (AIFs) and three portfolio management service funds (PMS)
as of March 31, 2024.

3. Northern Arc Capital IPO Registrar
Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: nacl.ipo@kfintech.com

Website:https://kosmic.kfintech.com/ipostatus/

Northern Arc Capital Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-24
11,707.66
1,906.03
317.69
2,314.35
2,123.37
9,047.76
31-Mar-23
9,371.57
1,311.20
242.21
1,955.39
1,784.22
7,034.57
31-Mar-22
7,974.12
916.55
181.94
1,739.04
1,555.30
5,982.96
Amount in Rs. Crore

Northern Arc Capital IPO Details

Issue Opening Date
September 16, 2024
Issue Closing Date
September 19, 2024
Face Value
Rs.10 per share
Price
Rs.249 to Rs.263 per share
Lot Size
57 Shares
Issue Size
29,543,727 shares (aggregating up to Rs.777.00 Cr)
Fresh Issue
19,011,407 shares (aggregating up to Rs.500.00 Cr)
Offer for Sale
10,532,320 shares of Rs.10 (aggregating up to Rs.277.00 Cr)
Employee Discount
Rs 24 per share
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE

Northern Arc Capital IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Monday, September 16, 2024
Closing Date
Thursday, September 19, 2024
Basis of Allotment
Friday, September 20, 2024
Initiation of Refunds
Monday, September 23, 2024
Credit of Shares to Demat
Monday, September 23, 2024
Listing Date
Tuesday, September 24, 2024
Cut-off time for UPI mandate confirmation
5 PM on September 19, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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SEBI Registration No: NSE Cash: INB231219636 | SEBI Registration No: NSE Derivative: INF231219636 | SEBI Registration No: BSE Cash: INB011219632 | SEBI Registration No: MCX-SX: INE261219636 | SEBI Registration No: NSE Currency: INE231219636 | SEBI Registration No: USE: INE271219631 | SEBI Registration No: CDSL: IN-DP-CDSL-3242005 | NCDEX Membership No: 00635 | MCX Membership No: 28850 | NSEL Membership No: 10650 | RBI Registration No: NBFC: N-14.03215 | IRDA Registration Number : CB-066/03 | AMFI Registration No : ARN -0032| SEBI Registration No: Merchant Banker: INM000007508


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