Check out the latest details on Northern Arc Capital IPO GMP, including the Grey Market Premium (GMP), Kostak rates, and Subject to Sauda rates for today. The GMP for Northern Arc Capital IPO has started in the grey market. Stay tuned for updates on the latest GMP figures as we await the official IPO announcement.
The Northern Arc Capital IPO will open on September 16, 2024. Northern Arc Capital Limited is a diverse financial services platform focused on meeting the varied credit needs of underserved households and businesses in India. Over the past 15 years, the company has developed a unique approach to the retail credit ecosystem, covering multiple sectors. Their expertise includes financing for micro, small, and medium enterprises (MSMEs), microfinance (MFI), consumer finance, vehicle finance, affordable housing finance, and agricultural finance. Northern Arc has been active in MSME financing for over 14 years, MFI for 15 years, and consumer finance for nine years.
As of September 14, 2024, the latest Grey Market Premium (GMP) for Northern Arc Capital IPO is ₹0. With a price band of ₹263.00, the estimated listing price for the IPO is ₹263 (cap price + today’s GMP). The expected percentage gain or loss per share is 0.00%.
We update GMP daily. Based on the last five sessions of grey market activity, there has been no significant movement in GMP. We expect this trend to continue until the listing day. Stay tuned for daily updates on Northern Arc Capital IPO GMP and the anticipated listing price.
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Northern Arc Capital IPO GMP Day-wise Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 14-09-2024 | 263 | ₹0 | — | ₹263 (0%) |
| 13-09-2024 | 263 | ₹0 | — | ₹263 (0%) |
| 12-09-2024 | 263 | ₹0 | — | ₹263 (0%) |
| 11-09-2024 | 263 | ₹0 | — | ₹263 (0%) |
| 10-09-2024 | ₹0 | — | ₹ (0%) |
IPO Grey Market Premium (GMP)
The Grey Market Premium (GMP) represents the price at which an IPO trades in the unofficial or unregulated grey market before its official listing. GMP gives an indication of how an IPO might perform on its listing day. A positive GMP suggests that the IPO could be profitable, while a negative GMP indicates it might be at a discount.
Keep in mind that GMP can be highly volatile, so relying solely on the GMP for investment decisions can be risky. It’s important to consider all factors before deciding whether to invest in the Northern Arc Capital IPO.
Northern Arc Capital IPO Dates
Stay updated with the latest information on Northern Arc Capital IPO dates. We will provide updates as new details are announced.
| IPO Activity | Date |
| IPO Open Date | 16-09-2024 |
| IPO Close Date | 19-09-2024 |
| Basis of Allotment | 20-09-2024 |
| Finalisation Date* | |
| Refunds Initiation* | 23-09-2024 |
| Credit of Shares | 23-09-2024 |
| to Demat Account* | |
| IPO Listing Date* | 24-09-2024 |
DISCLAIMER: The financial information provided here is for educational and informational purposes only and should not be interpreted as an offer to buy or sell securities or as investment advice. It is not intended to be used as the basis for any investment decision. Readers are advised to consult a qualified financial advisor before making any investment decisions. Any actions taken based on the information provided here are solely at the reader’s own risk. Please note that investing in equity markets carries inherent risks due to market volatility. The author has no intention of investing in this offering.
