Northern Arc Capital IPO: The mainboard initial public offering (IPO) of non-banking financial company (NBFC) Northern Arc Capital Limited will open for subscription on Monday, September 16. Registered with the RBI as a systemically important NBFC, Northern Arc has operated in the financial inclusion space for over a decade. It is a leading player amongst the country’s diversified NBFCs, with a business model diversified across offerings, sectors, products, geographies, and borrower segments.
The provides access to credit to under-served households and businesses directly and indirectly through Originator Partners. The firm was founded to meet the various retail credit needs of India’s underserved families and companies. It is a diversified financial services platform.
