Northern Arc Capital IPO

About Northern Arc Capital

Northern Arc Capital Limited is a diversified financial services platform set up primarily with the mission of catering to the diverse retail credit requirements of the under-served households and businesses in India. Last 15 years, the company’s approach has been to create a differentiated and comprehensive play on the retail credit ecosystem in India spread across sectors. They have designed new domain expertise in enabling credit across our focused sectors in India, such as micro, small, and medium enterprises (MSMEs) financing, microfinance (MFI), consumer finance, vehicle finance, affordable housing 265 finance, and agricultural finance. They have been operating in the MSME, MFI, and consumer finance sectors for over 14 years, 15 years, and nine years, respectively. Since 2009, when They entered the financial inclusion space, we have facilitated the financing of over ₹1.73 trillion which has impacted over 101.82 million lives across India, as of March 31, 2024. As per the reports, Northern Arc is one of the leading players amongst India’s diversified NBFCs in terms of Assets under Management (“AUM”) as of March 31, 2024, with a business model diversified across offerings, sectors, products, geographies, and borrower categories. The company has also developed an efficient and scalable business model which provides an end-to-end integrated technology product suite customized to multiple sectors.

Company summary supplied by FinAPI. Read the prospectus for the issuer's disclosures and audited financials.