Northern ARC Capital Ltd.
Industry:
Finance - NBFC
Issue Details
Open Date
16 Sep 2024Close Date
19 Sep 2024Size (in Crs.)
564.879
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-14Lot Size
57
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
The Offer consists of the Fresh Issue of up to [?] Equity Shares of face value ?10 each aggregating up to ?5,000.00 million and the Offer for Sale of up to 10,532,320 Equity Shares of face value ?10 each aggregating up to ?[?] million, cumulatively aggregating up to ?[?] million.
Description
We are a platform in the financial services sector set up primarily with the mission of catering to the diverse credit requirements of under-served households and businesses by providing efficient and reliable access to debt finance. Registered with the RBI as a systemically important, non-deposit taking non-banking finance company (“NBFC”), we have been operating in the financial inclusion space for over a decade. We are a leading player amongst India’s diversified NBFCs, with a business model diversified acr... Show More
Address
No. 1, Kanagam Village , 10th Floor, I I T M Research Park , Kanagam Village, Taramani
Chennai
600113
Promoter Holding
Promoters:
Total Share Capital
87414420
Offered to Public
21478290
% Promoter's Holding (Pre-Issue)
99.42
% Promoter's Holding (Post-Issue)
-
Shares on offer
Total Share Offer
87414420
Of above offred to public
21478290
Post Issue shares
NA
Post Issue Promoters
-
Lead Managers to the Issue:
Axis Capital Ltd., Citigroup Global Capital Markets India Pvt Ltd, ICICI Securities Ltd
Registrar Details
Registrar Name:
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Address
Karvy Selenium Tower B, Plot 31-32 , Gachibowli,Financial District , Nanakramguda , Hyderabad
500032