Northern Arc Capital focuses on catering to the diverse credit requirements of under-served households and businesses by providing efficient and reliable access to debt finance. The company operates in sectors like microfinance, MSME finance, vehicle finance, consumer finance, affordable housing finance etc.
The IPO comprises fresh issue of equity shares worth Rs 300 crore and an offer-for-sale of up to 36,520,585 equity shares by shareholders.
The main objective of the offer is to augment the capital base of the company and for general corporate purposes.
Opening Date
Closing Date
Price Band
Issue Size
Face Value
Market Lot
Listing at NSE, BSE
IPO Open Date | To be announced |
---|---|
IPO Close Date | To be announced |
Allotment Date | To be announced |
Initiation Of Refunds | To be announced |
Credit Of Shares To Demat Account |
To be announced |
IPO Listing Date | To be announced |
UPI Mandate Expiry Date | To be announced |
Particulars (in Rs. Crores) | FY 2021 | FY 2020 | FY 2019 |
---|---|---|---|
Revenue | 681.17 | 632.82 | 601.55 |
PAT | 76.6 | 102.93 | 115.41 |
EPS (In Rs) | 5.35 | 7.92 | 10.91 |
Total Assets | 5,697.16 | 4,597.5 | 4,277.99 |
Total Borrowings | 3,932 | 2,921.5 | 2,925 |
Equity Share Capital | 87.92 | 87.47 | 78.34 |
A simple and smartest way to Apply in IPO online via Religare Dynami Mobile App
Here are our top reasons:
Strengths | Risks | ||
---|---|---|---|
The company has large, diversified and growing base of originator partners and investor partners | Any disruption in the company’s funding sources would have a material adverse effect on their business and cash flows | ||
The company’s proprietary technology system called Nimbus helps increase their business opportunities and also helps increase efficiency | The microfinance sector is highly regulated and any adverse developments in the sector may affect the company’s business and financial condition | ||
Diversified business model across sectors, offerings, products, geographies and borrower segments | It is probable that the fund management business may face additional risks |
Retail investors need to apply for the IPO using UPI
Fill up your personal details in the form above
Fill up your DOB, PAN, email & bank account details
Upload your photo and e-sign your application via Aadhaar OTP
An IPO also known as initial pulic offering or stock launch is a process when a private company sale its shares to public for the first time. Learn more about IPO at our knowledge centre.
Northern Arc Capital IPO comprises a fresh issue of Rs 300 crore and an offer for sale of up to 3,65,20,585 equity shares by the shareholders
A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.
IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.
Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.
You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.
IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.
Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.
Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.