SD Retail Limited IPO Detail
Last Updated on September 19, 2024 SD Retail Limited IPO Incorporated in May 2004, S D Retail Limited designs, manufactures, outsources, markets, and retails sleepwear under the brand name “SWEET
Northern Arc Capital Limited was founded in 2009 and offers retail loans to underserved households and businesses in India.
Northern Arc Capital’s business model is diversified across different offerings, sectors, products, geographies, and borrower categories. As of March 31, 2024, the company has facilitated over Rs. 1.73 trillion worth of financing, reaching out to over 101.82 million people across India.
The company has expertise in lending across various focus sectors in India, especially in micro, small, and medium enterprise (MSME) finance, microfinance (MFI), consumer finance, vehicle finance, affordable housing finance, and agriculture finance. The company has been active in MSME finance for over 14 years, MFI finance for 15 years and consumer finance for nine years.
The company serves the retail lending market through a multi-channel approach that includes:
The company also has an end-to-end integrated technology product suite customized to multiple sectors. This includes an in-house technology stack consisting (i) Nimbus, a curated debt platform that enables end-to-end processing of debt transactions; (ii) nPOS, a co-lending and co-origination technology solution based on application programming interfaces (API); (iii) Nu Score, a customized machine learning based analytical module designed to assist originator partners in the loan underwriting process; and (iv) AltiFi, an alternative retail debt investment platform.
As of March 31, 2024, the company had 2,695 permanent employees.
Northern Arc Capital Limited’s revenue increased by 45% and profit after tax (PAT) rose by 31% between the financial year ending with March 31, 2024 and March 31, 2023.
Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
Assets | 11,707.66 | 9,371.57 | 7,974.12 | |||||||||||||||||||||||||||
Revenue | 1,906.03 | 1,311.2 | 916.55 | |||||||||||||||||||||||||||
Profit After Tax | 317.69 | 242.21 | 181.94 | |||||||||||||||||||||||||||
Net Worth | 2,314.35 | 1,955.39 | 1,739.04 | |||||||||||||||||||||||||||
Reserves and Surplus | 2,123.37 | 1,784.22 | 1,555.3 | |||||||||||||||||||||||||||
Total Borrowing | 9,047.76 | 7,034.57 | 5,982.96 | |||||||||||||||||||||||||||
Amount in ₹ Crore |
The market capitalization of Northern Arc Capital IPO is Rs 4242.86 Cr.
KPI as of March 31, 2024.
KPI | Values |
---|---|
Debt/Equity | 3.9 |
RoNW | 13.32% |
P/BV | 1.49 |
Pre IPO | Post IPO | |
---|---|---|
EPS (Rs) | 22.32 | 19.69 |
P/E (x) | 11.78 | 13.36 |
The company proposes to utilize the Net Proceeds to meet future capital requirements toward onward lending.
IPO Date | September 16, 2024 to September 19, 2024 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price Band | ₹249 to ₹263 per share |
Lot Size | 57 Shares |
Total Issue Size | 29,543,727 shares (aggregating up to ₹777.00 Cr) |
Fresh Issue | 19,011,407 shares (aggregating up to ₹500.00 Cr) |
Offer for Sale | 10,532,320 shares of ₹10 (aggregating up to ₹277.00 Cr) |
Employee Discount | Rs 24 per share |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share holding pre issue | 142,314,010 |
Share holding post issue | 161,325,417 |
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