Northern Arc Capital made a strong debut on the BSE, opening at ₹351.00, marking a rise of 88 points or 33.46% from its issue price of ₹263.00.

Currently, the stock is trading at ₹330.25, showing a gain of 67.25 points or 25.57% from the issue price.

The stock reached a high of ₹351.00 and a low of ₹321.25, with 20.19 lakh shares traded so far.

The IPO, which was open for subscription between September 16 and September 19, 2024, was oversubscribed approximately 110 times. The issue price was set at ₹263.00 per share, the top of the ₹249-263 price band.

Northern Arc Capital is a leading non-banking financial company (NBFC) in India, with a diverse business model spanning various offerings, sectors, products, and borrower segments.