Purpose | Board Meetings Date | Announcement Date |
---|---|---|
Board Meeting | 14 Feb 2025 | 6 Feb 2025 |
Northern Arc Capital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2025 inter alia to consider and approve the unaudited financial results for the third quarter ended December 31 2024. Approval of continuation of Ms. Kshama Fernandes (DIN: 02539429) as the Non-executive Non-Independent Director of the Company Outcome of Board meeting held on 14th February 2025 Approval of unaudited Financial Results for the third quarter ended December 2024 (As Per BSE Announcement Dated on: 14/02/2025) | ||
Board Meeting | 28 Oct 2024 | 22 Oct 2024 |
Northern Arc Capital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2024 inter alia to consider and approve Unaudited Standalone And Consolidated Financial Results for the second quarter and half year end Board meeting outcome for financial results for second quarter and half year ended September 30, 2024. (As Per BSE Announcement Dated on: 28/10/2024) | ||
Board Meeting | 30 Sep 2024 | 24 Sep 2024 |
Northern Arc Capital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/09/2024 inter alia to consider and approve the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30 2024 along with the Limited Review Report. Board Meeting Outcome for Q1 Results for the quarter ended 30.06.2024 (As Per Bse Announcement Dated on 30.09.2024) |
In terms of asset quality, Northern Arc Capital reported a gross non-performing assets (NPAs) ratio of 0.60%, with a net NPA ratio of 0.18% as of September 30, 2024.
As of March 2024, the company had enabled approximately Rs 1.73 trillion in finance, benefiting more than 10 crore people in India.
The company operates a diversified financial services platform designed to meet the diverse retail credit needs of under-served households and businesses across India.
Investors can verify their allotment status online through the BSE website or Kfin Technologies Limited.
The issue will be open for investors to bid until September 19. The company has secured Rs 228 crore from anchor investors ahead of the issue's launch.
The Northern Arc Capital IPO has a minimum market lot of 57 shares and a ₹14,991 application amount.
The ₹777 crore IPO, which opened for subscription on September 16, will close on September 19. The price range is ₹249-263 per share.
The IPO has allocated up to 50% of the shares for qualified institutional buyers (QIB), 15% for non-institutional investors (NII), and 35% for retail investors.
The price band for the Northern Arc Capital Ltd IPO is set between ₹249 to ₹263 per share.
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