IPO

Northern ARC Capital Ltd

Registered Office : No. 1 Kanagam Village 10th Flr,IITM Research Park Taramani,Chennai Tamil Nadu 600113 Phone : +91-44-66687000
Fax :

Email : investors@northernarc.com

Website : www.northernarc.com

Initial public offering of 29,597,646 equity shares of face value of Rs. 10 each ("Equity Shares") of Northern ARC Capital Limited (The "Company" or the "Company" or the "Issuer") for cash at a price of Rs. 263 per equity share (including a premium of Rs. 253 per equity share) (the "Offer Price") aggregating up to Rs. 777.00 crores (the "Offer") comprising a fresh issue of 19,065,326 equity shares of face value Rs. 10 each aggregating to Rs. 500.00 crores by the company (the "Fresh Issue") and an offer for sale of 10,532,320 equity shares of face value Rs. 10 each aggregating Rs. 277.00 crores comprising 3,844,449 equity shares of face value Rs. 10 each aggregating up to Rs.101.11 crores by Leapfrog Financial Inclusion India (II) Ltd, 1,263,965 equity shares of face value Rs. 10 each aggregating to Rs. 33.242 crores by Accion Africa-Asia Investment Company, 1,746,950 equity shares of face value Rs. 10 each aggregating up to Rs. 45.94 crores by Eight Roads Investments Mauritius II Limited (formerly known as Fil Capital Investments (Mauritius) II Limited), 1,344,828 equity shares of face value Rs. 10 each aggregating up to Rs. 35.369 crores by Dvara Trust (represented by its corporate trustee, Dvara Holdings (formerly known as Dvara Holdings Private Limited and as Dvara Trusteeship Services Private Limited)), up to 1,408,918 equity shares of face value Rs. 10 each aggregating up to Rs. 37.055 crores by 360 One Special Opportunities Fund (formerly known as IIFL Special Opportunities Fund) and up to 923,210 equity shares of face value Rs. 10 each aggregating up to Rs.24.28 crores by Sumitomo Mitsui Banking Corporation, (collectively referred to as the "Selling Shareholders", and each individually, as a "Selling Shareholder" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer includes a reservation of up to 590,874 equity shares of face value Rs. 10 each, aggregating up to Rs. 14.122 crores, for subscription by eligible employees constituting 0.37% of its post-offer paid-up equity share capital (the "Employee Reservation Portion"). The company, In consultation with the Brlms, offered a discount of Rs.24 per equity share to eligible employee(s) bidding in the employee reservation portion ("Employee Discount"). The offer Less the employee reservation portion is hereinafter referred to as the "Net offer". The offer and the net offer constitute 18.34% and 17.97%, respectively, of the fully diluted post-offer paid-up equity share capital of the company. The offer price is Rs.263 per equity share and the offer price is 26.30 times the face value of the equity shares. Bid cane be made for a minimum of 57 equity shares and in multiples of 57 equity shares thereafter. A discount of Rs. 24 per equity share is being offered to eligible employees bidding in the employee reservation portion.