Northern Arc Capital IPO Subscription Status
Northern Arc Capital IPO was subscribed 113.88 times when bidding closed on 19 Sep 2024: QIB 242.73x, NII 147.58x, Retail 32.01x.
The Northern Arc Capital IPO has been subscribed 113.88x times overall. Retail investors have shown interest with bids for 32.01x the shares available. The Non-Institutional Investor (NII) category has been subscribed 147.58x. Within NII, Big HNI (B-HNI) subscribed 160.48x and Small HNI (S-HNI) subscribed 121.79x. Qualified Institutional Buyers (QIBs) have subscribed 242.73x. Data last updated on 10 Nov, 06:54 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 16 Sep, 2024 and closes on 19 Sep, 2024. The shares are expected to list on stock exchanges on 24 Sep, 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 242.73x |
| NII | - of - - | 147.58x |
bHNI — bid amount above ₹10 Lakh |
- - | 160.48 |
sHNI — bid amount ₹2–10 Lakh |
- - | 121.79 |
| Retail | - of - - | 32.01x |
| TOTAL | - - | 113.88x |
Northern Arc Capital IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 33 applicants will be successful.
Market Sentiment
Strong grey market premium of 61% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 242.73x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 4-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
19 Sep 2024
Day 4 |
113.88x | ▼ | |
|
QIB242.73x
BHNI160.48x
SHNI121.79x
Retail32.01x
|
|||
|
18 Sep 2024
Day 3 |
20.18x | ▼ | |
|
QIB0.31x
BHNI51.09x
SHNI50.22x
Retail18.97x
|
|||
|
17 Sep 2024
Day 2 |
9.99x | ▼ | |
|
QIB0.2x
BHNI20.41x
SHNI24.34x
Retail10.84x
|
|||
|
16 Sep 2024
Day 1 |
2.86x | ▼ | |
|
QIB0.02x
BHNI3.97x
SHNI5.46x
Retail3.86x
|
|||
Northern Arc Capital IPO dates
From the bidding window to listing. Today is 11 November.
- Open 16 Sep 2024
- Close 19 Sep 2024
- Allotment 20 Sep 2024
- Refund/credit 23 Sep 2024
- Listing 24 Sep 2024
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Northern Arc Capital IPO?
As of IPO close date (19 Sep, 2024), the Northern Arc Capital IPO is subscribed 113.88x times. Retail category is 32.01x, and NII is 147.58x subscribed.
When is the allotment date for Northern Arc Capital IPO?
The allotment for Northern Arc Capital IPO is expected to be finalized on 20 September, 2024.
What is the GMP of Northern Arc Capital?
The Grey Market Premium (GMP) for Northern Arc Capital is currently ₹160, indicating a potential listing gain of 61%.
When will Northern Arc Capital IPO list on the stock market?
Northern Arc Capital is scheduled to list on BSE and NSE on 24 September, 2024.
What are the chances of getting allotment in Northern Arc Capital IPO?
The retail category is oversubscribed at 32.01x, meaning allotment is by lottery. Statistically, approximately 1 in 33 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 242.73x mean for Northern Arc Capital IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 242.73x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Northern Arc Capital IPO allotment status?
After the allotment date (20 Sep, 2024), you can check your Northern Arc Capital IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Northern Arc Capital IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
