IPO Watch: Northern Arc’s mix of lending services offers long-term play
ET Intelligence Group: Northern Arc Capital (NACL), a mid-tier pan-India diversified nonbanking finance company (NBFC), plans to raise ₹500 crore through fresh equity to augment capital base and ₹277 crore through an offer for sale by some of the existing investors. Being a professional setup, the company has no promoter. The collective stake of selling … Read more
