Northern ARC Capital Ltd
NSE: NORTHARC BSE: 544260
₹248.03
(3.59%)
Wed, 22 Apr 2026, 04:40 pm
Market Cap38.67B
PE Ratio12.96
Dividend0
Finance
Finance/Rental/Leasing
24.5KCompany History
1989
- Our Company was incorporated on March 9, 1989 at Madras, India as ÂHighland Leasing & Finance Private LimitedÂ
2008
- Acquisition of 100% shareholding in our Company by IFMR Trust
2009
- Commenced our operations as a platform catering to diverse credit requirements
- Entered the microfinance sector
- Undertook the countryÂs first microfinance securitization transaction to enable funding to a microfinance institution
2010
- Arranged and structured IndiaÂs first pooled multi-originator securitisation transaction (MOSECR) which enabled funding to four Originator Partners operating in the microfinance sector
- Completed our first placement of a microfinance securitisation with private individual investor
2011
- Entered the MSME finance sector
- Approved as a partner- financial institution by the Asian Development Bank to enable partial-guarantee backed lending to Indian MFIs
2013
- Entered the vehicle finance and affordable housing finance sectors
- Completed IndiaÂs first listed securitisation of microfinance loans, which enabled funding to eight Originator Partners operating in the microfinance sector
2014
- Credit Rating of commercial paper programme upgraded to A1+ and credit rating of long term bank facilities, non-convertible debentures, and subordinated debt upgraded to A+
- Raised equity from LeapFrog Financial Inclusion India Holdings Ltd
- Structured and arranged our first pooled bond issuance, which enabled funding to 10 Originator Partners operating in the microfinance sector and one Originator Partner operating in education finance sector
- Obtained SEBI registration for NAIMÂs first alternative investment fund, a Category I Â Social Venture Fund
2015
- Arranged our first ECB transaction for an Originator Partner in the microfinance sector
2016
- Entered the agricultural supply chain finance sector
- Obtained a trademark registration for ÂMOSECRÂ
- Raised equity from Standard Chartered Bank and Eight Roads
- Expanded our platform with commencement of retail business
- Expanded our platform with commencement of business with mid-market companies
2017
- Structured and arranged the countryÂs first pooled loan issuance product which enabled funding to eight Originator Partners operating across microfinance, vehicle finance and MSME finance sectors
- Structured and arranged the countryÂs first single issuer partial credit enhanced (SPiCE) bond which enabled funding to an Originator Partner operating in the vehicle finance sector
- Structured the countryÂs first collateralised loan obligation transaction which enabled us to securitise receivables from a select pool of term loans advanced by us to four Originator Partners operating in the microfinance and MSME finance sectors
- Accorded ÂImpact Business Models Rating - Platinum rating by GIIRS Ratings for our socially and environmentally focussed products
2018
- Name changed to Northern Arc Capital Limited
- Undertook our first persistent securitization transaction which was also IndiaÂs first vehicle loan backed securitisation transaction with replenishing structure
- Accorded ÂImpact Business Models Rating - Platinum rating by GIIRS Ratings for our socially and environmentally focussed products for a second time
2019
- Underwent reorganization pursuant to the Scheme and became a company without any identifiable promoters
- Entered the consumer finance sector
- Facilitated the first successful exit for investors of an AIF managed by NAIM
- Structured and arranged the countryÂs first issuance of dual-recourse debentures which enabled funding to an Originator Partner operating in the vehicle finance sector
- Completed equity raise from IIFL Funds and strategic investment by SMBC, a global systemically important bank
- NAIMÂs was accorded ÂImpact Business Models Rating  Platinum rating by GIIRS Ratings for its socially and environmentally focussed products
2020
- Commenced disbursement of microfinance loans under our retail business through Nimbus
- Completed disbursement of 100,000 retail loans in the financial year ended March 31, 2020
- Arranged and structured IndiaÂs first securitisation transaction involving trade receivables which enabled funding to 10 vendors
- Shortlisted by NABARD to act as co-guarantor under the ÂStructured Finance and Partial Credit Guarantee Program to NBFC-MFIsÂ
- Case study on the Company included in the report on ÂSocial Stock Exchanges published by a working group constituted by SEBI
- CompanyÂs role in funding MFIs during the 2019 liquidity crunch mentioned in RBI bulletin
- Publication of an article by our former managing director and chief executive officer in relation to microfinance recovery analysis on the blog of World Bank
2021
- Completed disbursement of retail loans of an aggregate amount of ?10 billion through Nimbus in the financial year ended March 31, 2021
- Obtained debt funding from USDFC and Asian Development Bank
- Entered into a project services agreement with a global development institution for collaboration on gender advisory programme
- Incorporation of Pragati with the aim of offering small ticket loans to underserved rural and semi-urban areas of the country
- Launched AltiFi, a retail investment platform that democratizes debt securities for investment opportunities to retail individuals and corporates
- Registration of NAIM with the SEBI as a portfolio manager
- Executed the first offshore pool bond issuance with an international DFI under their COVID-19 response program
2022
- Acquisition of identified assets and liabilities of S.M.I.L.E. Microfinance Limited, along with its loan portfolio of ?3,180.00 million and 144 branches
- Registration of Northern Arc Emerging Corporates Bond Trust
- Launch of supply chain financing, education loan and MSME loan against property business
- Partnership with a public sector bank in relation to access to our CompanyÂs nPOS platform
- Appointment of Ashish Mehrotra as the Managing Director and Chief Executive Officer
2023
- Achieved ?100,000 million assets under management
- Launch of NuScore
- ICRA Rating upgrade to AA-(Stable) for non-convertible debentures, market linked debentures, long-term fund based limits, long-term loans, long term-non fund based credit exposure limits and subordinated debt
- Launched subscription to public issuances of bonds on Altifi
- Expanded our direct presence to 10 of 28 states with approximately 250 branches across India
- Collaboration with a private sector bank for nPOS platform utilization
- Raised over ?1.50 trillion in funding for our clients through our platform
2024
- Completed equity raise from IFC, RJ Corp Limited and Varun Jaipuria
- Impacted over 100 million lives
- Received certificate of registration from the IRDAI to act as a corporate agent (composite)
- Expanded our direct presence to 13 of 28 states with approximately 300 branches across India
- Obtained debt funding of USD 75 million from an entrepreneurial development bank
- Registration of ÂNorthern Arc Finserv Fund and ÂNorthern Arc Fintech NBFC Fund I with the SEBI
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800