Northern Arc IPO allotment: Latest GMP, step-by-step guide to check status

Northern Arc IPO allotment: To check their share allocation, investors should visit the IPO registrar's portal or the BSE and NSE websites.

In Short

• Northern Arc Capital IPO allotment status to be finalised today
• Investors can check IPO allotment status via registrar’s portal
• Northern Arc Capital's GMP signals a 48.67% potential listing gain

The IPO allotment for Northern Arc Capital is set to be finalised today and investors who placed bids can check their allotment status shortly.

To check their share allocation, investors should visit the IPO registrar's portal or the BSE and NSE websites.

Refunds for those who were not allotted shares will be initiated on Monday, September 23, while those allocated shares will see them credited to their demat accounts the same day.

The shares are expected to be listed on Tuesday, September 24.

Below are the steps for checking Northern Arc Capital IPO allotment status:

On Kfin Technologies Ltd:

Visit the Kfin Technologies IPO status link: Kfintech IPO Status

Select 'Northern Arc Capital IPO' from the drop-down menu.

Enter your application number, Demat account details, or PAN number.

Enter the captcha code and click 'Submit' to view the status.

On BSE:

Visit the BSE allotment page: BSE Allotment Page

Select 'Equity' under 'Issue Type'.

Pick 'Northern Arc Capital IPO' from the 'Issue Name' drop-down menu.

Enter your application number or PAN, and view the status.

On NSE:

Visit NSE’s IPO page: NSE IPO Login

Register using your PAN by clicking 'Click here to sign up'.

Log in with your credentials and check the status on the next page.

Northern Arc Capital IPO GMP update

As of today, the grey market premium (GMP) for Northern Arc Capital is +Rs 128, indicating a potential listing price of Rs 391 per share—approximately 48.67% higher than the IPO price of Rs 263.

Over the last 11 sessions, the GMP has shown a steady upward trend, signaling strong investor interest and anticipation of a robust listing. The GMP has ranged from Rs 0 to Rs 202, with the current premium reflecting confidence in the stock’s market debut.

The grey market premium represents the extra amount investors are willing to pay over the issue price, providing an indication of expected performance on the listing day.

Subscription details

The IPO, which opened on Monday, September 16, and closed on Thursday, September 19, saw an overwhelming response, particularly from qualified institutional buyers (QIBs) with a subscription of 240.79 times.

Non-institutional investors (NIIs) subscribed 142.41 times, retail investors 31.08 times, and employees 7.33 times, making the overall subscription rate 110.91 times by the end of the bidding period.