Northern Arc Capital Ltd is a leading Indian financial services company focusing on providing credit to underserved segments of the economy. Established in 1989, India. Northern Arc Capital Share Price on NSE as of 11 October 2024 is 283.80Â INR. This article will provide more details on Northern Arc Capital 2024, 2025, 2026 to 2030.
Northern Arc Capital IPO
Northern Arc Capital’s IPO was launched with a total issue size of ₹777 crore. This included a fresh issue of 1.9 crore shares valued at ₹500 crore and an offer for sale of 1.05 crore shares, totaling ₹277 crore. Bidding for the IPO began on September 16, 2024, and closed on September 19, 2024. On 20 September 2024, The share allotment was finalized; on 24 September 2024, the shares were listed on the BSE and NSE.
The IPO price band was set between ₹249 to ₹263 per share, with a minimum application lot size of 57 shares, requiring retail investors to invest at least ₹14,991. For sNII investors, the minimum investment was set at 14 lots (798 shares), amounting to ₹209,874, while bNII investors had a minimum requirement of 67 lots (3,819 shares), equaling ₹1,004,397.
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Minimum order quantity
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57 shares
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Open date
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15 September 2024
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Close date
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18 September 2024
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Listing date
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23 September 2024
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Listing on
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BSE, NSE
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Issue price
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₹249–₹263 per share
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Issue size
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₹777 crore
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Face value
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₹10
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Total shares offered
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29,543,726
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Offered to public
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10,133,498
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Minimum investment
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₹14,991
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Registrar
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Kfin Technologies Limited
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Northern Arc Capital: Overview
- Open Price: ₹287.55
- High Price: ₹292.20
- Previous Close: ₹289.80
- Low Price: ₹282.55
- Volume: 336,239
- Upper Circuit Limit: ₹388.05
- Lower Circuit Limit: ₹258.75
- VWAP (Volume Weighted Average Price): ₹286.97
- P/E Ratio: 14.85
- 52-Week High: ₹350.00
- 52-Week Low: ₹269.50
- Market Capitalization: ₹4.58KCr
- Face Value: ₹10
Northern Arc Capital Share Price Chart
Northern Arc Capital Share Price Target Tomorrow 2024 To 2030
| Northern Arc Capital Share Price Target Years | Target Share Price (₹) |
|---|---|
| 2025 | ₹370 |
| 2026 | ₹415 |
| 2027 | ₹450 |
| 2028 | ₹520 |
| 2029 | ₹590 |
| 2030 | ₹650 |
Northern Arc Capital Share Price Target 2024:
The Northern Arc Capital share price target for 2024 is set at ₹370. Looking at the market capital and turnover of the company, it can be said that the share price can increase significantly.
Northern Arc Capital Share Price Target 2025
The Northern Arc Capital share price target for 2025 is set at ₹415. Looking at the trust and expectations of the people in the company, it can be said that Northern Arc Capital will take its share price to higher heights.
Northern Arc Capital Share Price Target 2030
The Northern Arc Capital share price target for 2026 is set at ₹650. The company is expected to perform well in the coming year with a solid business foundation and strategic growth plans. For those looking to invest, this target reflects confidence in the company’s potential, making it an attractive option for both short-term profits and long-term growth.
Shareholding Pattern For Northern Arc Capital
| Summary | 20 Sep 2024 |
| FII | 5.2% |
| DII | 26.5% |
| Public | 66.9% |
| Others | 1.4% |
Northern Arc Capital Income Statement
| Revenue | 2.14B |
| Operating expense | 304.09M |
| Net income | 820.64M |
| Net profit margin | 38.40 |
| Effective tax rate | 24.38% |
*This data is given based on March 2024.
