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Northern Arc Capital Plans To File For IPO In 10-15 Days, To Raise Rs 2,000 Crore
This is the company's second attempt at listing as it had filed its draft papers with SEBI in July 2021, but did not go through with the process.
31 Jan 2024, 03:42 PM IST 
(Source: Pixabay)
Non-banking financial company Northern Arc Capital plans to file for an initial public offering over the next 10–15 days.The company aims to raise about Rs 2,000 crore, according to people familiar with the matter who spoke on condition of anonymity. The public issue of the Chennai-based company is expected to have a mix of fresh issues and offers for sale.The NBFC is backed by multiple private equity players, including LeapFrog Ente...
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