Northern Arc Capital IPO GMP Today
The Northern Arc Capital IPO GMP is ₹121 (+46.0% over the upper price band of ₹263) as of 14 Sep 2024, giving an estimated listing price of ₹384 per share. On a minimum application of 57 shares, that is an estimated gain of ₹6,897. GMP has fallen by ₹10 since tracking began on 24 Sep.
Last updated
- Issue Price
- ₹263
- GMP
- ₹121
- GMP %
- +46.0%
- Est. listing
- ₹384
- Est. gain / application
- +₹6,897
Northern Arc Capital IPO GMP trend
Tracked for 11 days. High ₹202 on 17 Sep, low ₹121 on 14 Sep.
Northern Arc Capital IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (57 sh) |
|---|---|---|---|---|---|
| (latest) | ₹121 | -₹37 | 46.01% | ₹384 | +₹6,897 |
| ₹158 | -₹20 | 60.08% | ₹421 | +₹9,006 | |
| ₹178 | -₹24 | 67.68% | ₹441 | +₹10,146 | |
| ₹202 | +₹42 | 76.81% | ₹465 | +₹11,514 | |
| ₹160 | +₹32 | 60.84% | ₹423 | +₹9,120 | |
| ₹128 | 0 | 48.67% | ₹391 | +₹7,296 | |
| ₹128 | -₹16 | 48.67% | ₹391 | +₹7,296 | |
| ₹144 | 0 | 54.75% | ₹407 | +₹8,208 | |
| ₹144 | +₹13 | 54.75% | ₹407 | +₹8,208 | |
| ₹131 | 0 | 49.81% | ₹394 | +₹7,467 | |
| ₹131 | — | 49.81% | ₹394 | +₹7,467 |
Est. listing = upper price band (₹263) + GMP. Est. gain = GMP × 57 shares (1 lot, the minimum application).
Northern Arc Capital IPO subscription status
| QIB | 240.79x |
|---|---|
| bNII | 154.76x |
| sNII | 117.64x |
| Retail | 31.04x |
| Total | 110.89x |
Reading the Northern Arc Capital IPO GMP
The grey market premium is the price above the issue price at which Northern Arc Capital IPO shares are informally traded before listing. A GMP of ₹121 on an upper band of ₹263 suggests the shares could open around ₹384, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand. Check it together with the subscription numbers and the company's financials before applying.
Northern Arc Capital IPO GMP: FAQs
- What is Northern Arc Capital IPO GMP today?
- The latest grey market premium (GMP) for the Northern Arc Capital IPO is ₹121 as of 14 September 2024, which is 46.01% over the upper price band of ₹263.
- What is the expected listing price of Northern Arc Capital IPO?
- Based on the current GMP, the estimated listing price of Northern Arc Capital IPO is ₹384 per share (₹263 issue price + ₹121 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Northern Arc Capital IPO?
- The lot size is 57 shares. The minimum application is 1 lot, which costs ₹14,991 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.