Northern ARC Capital IPO Subscription Status Live: The Northern ARC Capital IPO has garnered 30.63 times its subscription rate. The retail category saw a subscription rate of 24.37 times.
Northern ARC Capital IPO listing in Markets on Tuesday, September 24, 2024. The minimum lot size of this IPO is 1 which has 57 shares and the price is ₹14,991. The share price of Northern ARC Capital IPO will be ₹249 to ₹263 per share and the allotments of this share The date will be Friday, September 20, 2024.
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Northern ARC Capital IPO Subscription Status Live today
Here are the subscription details for Northern ARC Capital IPO (in times) on different days:
Total Application: 4,090,630
Day 1: September 16, 2024
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- QIB (Qualified Institutional Buyers): 0.02
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- NII (Non-Institutional Investors): 4.66
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- Retail: 4.09
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- Total: 3.08
Day 2: September 17, 2024
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- QIB (Qualified Institutional Buyers): 0.20
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- NII (Non-Institutional Investors): 22.55
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- Retail: 11.31
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- Total: 10.61
Day 3: September 18, 2024
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- QIB (Qualified Institutional Buyers): 0.21
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- NII (Non-Institutional Investors): 34.93
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- Retail: 15.52
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- Total: 15.40
Day 4: September 19, 2024
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- QIB (Qualified Institutional Buyers): 0.67
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- NII (Non-Institutional Investors): 84.50
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- Retail: 24.37
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- Total: 30.63
Northern ARC Capital IPO Shares Offered
Northern Arc Capital is set to launch an Initial Public Offering (IPO) where it will offer 29,006,785 equity shares to the public. Out of these, retail investors will have the opportunity to purchase 10,152,384 shares, while qualified institutional buyers can acquire 5,801,354 shares, and non-institutional investors can invest in 4,351,016 shares. The IPO is categorized into different tranches based on investor type and bid size, with anchor investors being allotted 8,702,031 shares, constituting 30% of the total issue size.