Northern Arc Capital makes stellar debut, lists at 33% premium on BSE, NSE

Quick Summary:

Northern Arc Capital shares listed at Rs 351 on the BSE, reflecting a premium of 33.

Northern Arc Capital said that it intends to utilise the net proceeds to meet future capital requirements toward onward lending.

Northern Arc Capital, founded in 2009, provides retail loans to underserved Indian households and businesses.

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Category: BusinessFinance

Markets: India

Topics: Northern Arc Capital ipo listing today Northern Arc Capital ipo listing price nse Northern Arc Capital listing details Northern Arc Capital listing price Northern Arc Capital listing tuesday Northern Arc Capital listing price bse V shares listing today Northern Arc Capital gmp today Ipo listing today Northern Arc Capital ipo gmp today Northern Arc Capital ipo Northern Arc Capital share listing price Northern Arc Capital share price

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-24 @ 10:02:31 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 19 lines

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Copyright Owner: © Business Standard

News ID: 22686778

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