Northern Arc Capital IPO Allotment Status Kfintech, Kfintech IPO Status | New IPOs are continuously giving huge profits to the stock market investors. Meanwhile, Northern Arc Capital Limited IPO worth Rs 777 crore, which opened on 16 September, closed on 19 September. If we talk about its IPO motive, the company has proposed to use the net proceeds to meet the capital requirements for future lending.
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Northern Arc Capital IPO Subscription Status
According to media reports, Northern Arc Capital IPO received a good response from investors and the issue was subscribed a total of 117.19 times. It was subscribed 32.01 times in retail category, 147.58 times in NII category and 242.73 times in QIB category.
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Northern Arc Capital IPO GMP
According to market analysts, the current GMP of Northern Arc Capital IPO is Rs 128 in the unlisted market, which represents a premium of 48.6% over the issue price.
Northern Arc Capital IPO Allotment Status
Here are the easy steps to check share allotment status from the registrar’s website.
Step 1: Go to the website of Kfin Technologies Limited (https://ris.kfintech.com/ipostatus/).
Step 2: Click on any one of the five links given
Step 3: Select the company name in the Select IPO dropdown.
Step 4: Enter PAN number or application number or demat details.
Step 5: Enter Captcha and click on submit to know about share allotment status.