Madhusudan Kela's Cohesion MK Best Ideas Sub-Trust bought 10 lakh shares of the company in the block deals at a price of Rs 208.83 apiece
Stocks to watch, 23 June: Stocks like Granules India, Waaree Renewable Technologies,Signature Global (India), Zen Technologies, NLC India, Bajel Projects, Bharat Electronics, Bank of India, Bandhan Bank, CEAT, and LT Foods will be in focus on June 23.
Northern Arc Capital saw a large trade involving 2.23 crore shares worth Rs 440 crore in the executed in block deal window on June 20.
Stocks to watch, 13 May: Stocks like Raymond, Care Ratings, One 97 Communications Paytm, Kfin Technologies, Premier Explosives, Aether Industries, Sundaram Clayton, Northern Arc Capital, Motilal Oswal Financial Services, and Tanla Platforms will be in focus on May 13.
Stocks to Watch, 11 Apr: Stocks like TARC, Bharti Hexacom, Infosys, Aurobindo Pharma, Bharat Heavy Electricals, Bank of India, Tata Steel, Sanofi India, Punjab National Bank, Axiscades Technologies, JSW Energy, Eternal, Federal Bank, Bajaj Healthcare, SRF, Samvardhana Motherson International, IIFL Finance, and Northern Arc Capital will be in focus on April 11.
The lender had earned a net profit of Rs 79 crore in the same quarter in the previous financial year.
Northern Arc Capital traded with volume of 3.49 crore equity shares on the NSE, and 34.12 lakh shares on the BSE, recording market capitalisation of Rs 5,222.24 crore.
Northern Arc Capital IPO received massive investor interest after the issue was subscribed 110.71 times.
Pondy Oxides and Chemicals, Thangamayil Jewellery, Power Grid Corporation of India, Cubex Tubings, G R Infraprojects, Western Carriers India, and Northern Arc Capital will also be in focus on September 24.
Northern Arc Capital IPO | The Rs 777-crore share sale received bids for 2,37,79,44,639 shares against 2,14,78,290 shares on offer, as per NSE data.
Northern Arc Capital IPO: The lender is raising Rs 500 crore via fresh issue component of IPO, and further Rs 277 crore through offer-for-sale at the upper end of price band of Rs 249-263 per share.
Small and medium business is of keen interest to Northern Arc and so is the secured lending segment.
Northern Arc Capital's Rs 777-crore IPO of the Chennai-based company will conclude on September 19.
Northern Arc Capital IPO: The financial services platform intends to raise Rs 777 crore via maiden public issue at the upper end of price band of Rs 249-263 per share.
The NBFC has a long experience in the lines of business it operates, but also carries certain risks
Diversified NBFC Northern Arc plans to utilise IPO proceeds to meet future capital requirements towards onward lending.
Northern Arc Capital IPO | The IPO comprises a fresh issuance of shares worth Rs 500 crore, and an offer-for-sale of 2.1 crore equity shares by several investors.
Avanse offers loans to students for pursuing education in India and abroad, for e-learning, and lends working and growth capital to education institutions in India.