Northern Arc Capital IPO fully subscribed on Day 1 of bidding process. Check GMP, other details

Northern Arc Capital's IPO, which opened for subscription on Monday, was fully subscribed on the first day, driven by strong demand from retail investors. The company has set a price band of Rs 249-263 per share and aims to raise up to Rs 777 crore. Analysts recommend subscribing due to the company's growth potential and strong financial performance.