Northern Arc Capital IPO allotment finalized, strong demand from investors, stock expected to debut soon

From Google: 2024-09-21 12:00:30

The Northern Arc Capital IPO allotment has been finalized, with the latest GMP and a step-by-step guide to check status available. Investors can check their allotment status following the IPO’s closure. The IPO was oversubscribed by 3.66 times, with the retail portion oversubscribed by 9.50 times. The firm is a non-banking financial company specializing in debt financing. The IPO received strong demand from retail and institutional investors, reflecting optimism in the company’s growth potential. Investors can expect the stock to debut on exchanges soon, with the final allotment marking an important milestone in the IPO process.



Read more at Google: Northern Arc Capital IPO allotment finalised; latest GMP, step-by-step guide to check status | Stock Market News – Mint