Northern Arc Capital IPO
NBFC/Impact Finance - Listed on 24 September 2024
Northern Arc Capital IPO listing summary
Northern Arc Capital (NBFC/Impact Finance) closed its IPO window in 2024 and listed on NSE and BSE on 24 September 2024 at an upper band issue price of Rs 263, opening at Rs 350 for a listing gain of +33.1% and closing day one at Rs 323.4 (+23.0% on closing basis). The IPO was subscribed 110.91x overall - QIB 240.79x, HNI/NII 142.41x, Retail 31.08x. The total issue size was Rs 777 Cr (Fresh Issue Rs 500 Cr, OFS Rs 277 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Northern Arc Capital IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 150 | +60.84% |
| Day 2 | Rs 150 | +62.74% |
| Day 3 | Rs 150 | +62.74% |
| Day 4 | Rs 165 | +68.44% |
| Day 5 | Rs 180 | +76.05% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Northern Arc Capital IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Northern Arc Capital IPO - FAQs
What was the listing gain of Northern Arc Capital IPO?
Northern Arc Capital IPO listed at +33.1% versus the upper issue price of Rs 263 on 24 September 2024.
How many times was Northern Arc Capital IPO subscribed?
Northern Arc Capital IPO was subscribed 110.91x overall. QIB portion was subscribed 240.79x, HNI / NII 142.41x and Retail 31.08x.
What was the IPO GMP for Northern Arc Capital?
IPO GMP started at Rs 150 on Day 1 and moved to Rs 180 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.