Northern Arc Capital IPO subscribed 10 times on Day 3 so far. GMP surges to 76%

September 18, 2024

Northern Arc Capital’s IPO has been subscribed 10 times by the third day, with significant interest from non-institutional and retail investors. The company has set a price band of Rs 249-263 per share and raised Rs 228 crore from anchor investors. Analysts recommend subscribing due to its strong growth potential and diversified business model.

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