Explore the Northern Arc Capital IPO opening on Sept 16 with an issue size of ₹777 crore. Get insights on IPO dates, financials, valuation and peer comparisons.
Northern Arc Capital Limited is a diversified financial services platform with a mission to address the diverse retail credit needs of underserved households and businesses in India. Since its inception in 2009, the company has facilitated over ₹1.73 trillion in financing, impacting over 101.82 million lives across India. Northern Arc focuses on key sectors such as MSME financing, microfinance, consumer finance, vehicle finance, affordable housing and agricultural finance. As of March 31, 2024, it ranks among India’s top diversified NBFCs in terms of Assets under Management (AUM), standing at ₹117,100.19 million across 671 districts in India. Northern Arc follows a multi-channel approach that includes lending directly to underserved customers, providing loans to partners for retail on-lending and managing debt funds.
Key Points:
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
Fields | Details |
---|---|
IPO Dates | 16 Sep - 19 Sep 2024 |
IPO Price Band | ₹249 - ₹263 per share |
Fresh Issue | ₹500 crore |
Offer For Sale | 10,532,320 shares (₹277 crore) |
Total IPO Size | ₹777 crore |
Face Value | ₹10 |
Listing On | BSE, NSE |
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
Event | Date |
---|---|
IPO Opening Date | 16 Sep 2024 |
IPO Closing Date | 19 Sep 2024 |
Basis Of Allotment | 20 Sep 2024 |
Refunds | 23 Sep 2024 |
Demat Transfer | 23 Sep 2024 |
IPO Listing Date | 24 Sep 2024 |
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
---|---|---|---|---|
Total Income | 685.29 | 916.55 | 1,311.20 | 1,906.03 |
Total Expenses | 585.29 | 668.16 | 988.10 | 1,484.83 |
Net Profit/Loss | 76.60 | 181.94 | 242.21 | 317.69 |
NPM (*) | 11.24 | 20.00 | 18.56 | 16.81 |
Total Assets | 5,697.17 | 7,974.12 | 9,371.57 | 11,707.66 |
Total Liabilities | 4,024.25 | 6,142.01 | 7,303.84 | 9,387.25 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
---|---|---|---|---|
EPS | 5.35 | 13.09 | 17.38 | 23.40 |
ROE (%) | 4.58 | 9.93 | 11.72 | 13.69 |
ROCE (%) | NA | NA | NA | NA |
RoNW (%) | 4.27 | 9.92 | 11.76 | 13.32 |
D/E Ratio | 2.35 | 3.27 | 3.40 | 3.90 |
Current Ratio | NA | NA | NA | NA |
EBITDA MARGIN (%) | 63.08 | 73.52 | 68.28 | 61.56 |
* Compiled from DRHP/RHP for valuation purposes.
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
Name | Revenue | P/E | EPS | RoNW | NAV |
---|---|---|---|---|---|
Northern Arc Capital Limited | 1,890.08 | 11.24 | 23.40 | 13.32 | 177.06 |
Five-Star Business Finance Limited | 2,182.85 | 26.76 | 28.39 | 16.09 | 177.68 |
SBFC Finance Limited | 1,018.64 | 36.64 | 2.30 | 8.53 | 25.87 |
CreditAccess Grameen Limited | 5,166.67 | 13.11 | 90.41 | 5.01 | 1,809.93 |
Fusion Micro Finance Limited | 2,316.73 | 6.21 | 50.11 | 17.74 | 281.93 |
Bajaj Finance Limited | 54,969.49 | 30.93 | 235.98 | 18.84 | 1,239.03 |
Cholamandalam Investment and Finance Company Limited | 19,139.62 | 36.22 | 41.06 | 17.46 | 233.26 |
Poonawalla Fincorp Limited | 3,109.01 | 17.81 | 21.63 | 20.60 | 105.44 |
MAS Financial Services Limited | 1,279.16 | 18.55 | 15.31 | 14.08 | 108.71 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Investor Type | Subscribed |
---|---|
Qualified Institutional Buyer (QIB) | 242.73 |
Non-Institutional Investor (NII/HNI) | 147.58 |
Retail Individual Investor (RII) | 32.01 |
Total | 117.19 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
The Company does not have an identifiable promoter.
Northern Arc Capital Limited
No. 1, Kanagam Village 10th Floor, IITM Research Park Taramani Chennai 600 113, Tamil Nadu, India
Phone: +91 44 6668 7000
Email: investors@northernarc.com
Website: www.northernarc.com