Northern Arc Capital has debuted at Rs 351.00 on the BSE, up by 88 points or 33.46% from its issue price of Rs 263.00.
The scrip is currently trading at Rs 330.25, up by 67.25 points or 25.57% from its issue price.
It has touched a high and low of Rs 351.00 and Rs 321.25 respectively. So far 20.19 lakh shares were traded on the counter.
The offering, which was open for subscription between September 16, 2024 and September 19, 2024 was subscribed around 110 times. The issue price was fixed at Rs 263.00 per share i.e. at upper end of price band of Rs 249-263 apiece.
Northern Arc Capital is a leading player amongst the country's diversified NBFCs, with a business model diversified across offerings, sectors, products, geographies and borrower segments.
