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Northern ARC Capital Ltd
Registered Office: No. 1 Kanagam Village 10th Flr, IITM Research Park Taramani, Chennai - 600113, Tamil Nadu
Phone: +91 44 6668 7000
Email: investors@northernarc.com
Website: www.northernarc.com
Initial public offering of up to [] equity shares of face value of Rs. 10 each (Equity Shares) of Northern ARC Capital Limited (The Company or the Company or the Issuer) for cash at a price of Rs. [] per equity share (including a premium of Rs. [] per equity share) (the Offer Price) aggregating up to Rs. [] crores (the Offer) comprising a fresh issue of up to [] equity shares of face value Rs. 10 each aggregating up to Rs. 500.00 crores by the company (the Fresh Issue) and an offer for sale of up to 10,532,320 equity shares of face value Rs. 10 each aggregating up to Rs. [] crores comprising up to 3,844,449 equity shares of face value Rs. 10 each aggregating up to Rs. [] crores by Leapfrog Financial Inclusion India (ii) Ltd, up to 1,263,965 equity shares of face value Rs. 10 each aggregating up to Rs. [] crores by Accion Africa-Asia Investment Company, up to 1,746,950 equity shares of face value Rs. 10 each aggregating up to Rs. [] crores by Eight Roads Investments Mauritius II Limited (formerly known as Fil Capital Investments (Mauritius) II Limited), up to 1,344,828 equity shares of face value Rs. 10 each aggregating up to Rs. [] crores by Dvara Trust (represented by its corporate trustee, Dvara Holdings (formerly known as Dvara Holdings Private Limited and as Dvara Trusteeship Services Private Limited)), up to 1,408,918 equity shares of face value Rs. 10 each aggregating up to Rs. [] crores by 360 One Special Opportunities Fund (formerly known as IIFL Special Opportunities Fund) and up to 923,210 equity shares of face value Rs. 10 each aggregating up to Rs. [] crores by Sumitomo Mitsui Banking Corporation, (collectively referred to as the Selling Shareholders, and each individually, as a Selling Shareholder and such offer for sale of equity shares by the selling shareholders, the Offer for Sale). The offer includes a reservation of up to 590,874 equity shares of face value Rs. 10 each, aggregating up to Rs. [] crores, for subscription by eligible employees not exceeding 5% of its post-offer paid-up equity share capital (the Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute []% and [*]%, respectively, of the fully diluted post-offer paid-up equity share capital of the company. Price Band: Rs. 249 to Rs. 263 per equity share of face value of Rs. 10 each. The Floor Price is 24.9 times of the face value and the Cap Price is 26.3 times of the face value of the equity shares. Bid cane be made for a minimum of 57 equity shares and in multiples of 57 equity shares thereafter. A discount of Rs. 24 per equity share is being offered to eligible employees bidding in the employee reservation portion.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
16-Sep-2024	19-Sep-2024	₹ 249.00	₹ 0.00

Minimum Application for shares in Nos : 57 Further Multiples of : 57
	(₹)Cr.	Lead Managers to the Issue
Project Cost	0.00	Axis Capital Ltd
Project Financed through Current Offer	762.25
Post Issue Equity Share Capital	161.33
Issue Price	₹249.00

Projects
Augmenting the Capital base of the Company

Promoted By

Listing At
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NSE

Registrar to the Issue
KFin Techologies Ltd

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