The month of September has been buzzing with excitement in the stock market as multiple IPOs hit the market, offering fresh opportunities for investors. This week, three major IPOs have opened for subscription: Western Carriers (India) IPO, Arcade Developers IPO, and Northern Arc Capital IPO. Investors have until September 19 to make their decision. The big question is—which of these IPOs is the best investment choice?
Experts Favor Northern Arc Capital IPO
Among the three, market experts are showing the most confidence in Northern Arc Capital IPO. Financial experts believe that Northern Arc Capital has the potential to expand its loan portfolio by 5-10 times over the next 4-7 years. The company’s valuation is considered attractive, and if non-performing assets (NPAs) remain under control, this IPO could turn out to be a multi-bagger, offering huge gains after the issue. This is definitely an IPO worth considering for long-term investors.
Grey Market Premium (GMP) Overview
Let’s take a look at the Grey Market Premium (GMP) for each IPO to get a sense of how they are performing in the market.
Western Carriers (India) IPO
There is growing excitement around the Western Carriers IPO in the grey market. As of today, the GMP for Western Carriers is ₹58, which has almost doubled from ₹30 since last week. This means the stock is expected to list at a premium price, and market experts suggest that a positive response from investors and a strong market trend may lead to good listing gains. Western Carriers could be a decent pick for investors looking to make short-term gains.
Arcade Developers IPO
The Arcade Developers IPO has also caught the attention of investors. Its GMP has risen from ₹70 to ₹86 in the last few days. Based on the upper price band of ₹128, the estimated listing price of Arcade Developers’ shares could be around ₹214, which translates to a 67.19% premium. With this strong grey market interest, Arcade Developers is also an option to consider, especially for those who prefer real estate-based investments.
Northern Arc Capital IPO
Northern Arc Capital has shown the most impressive figures, with a GMP of ₹178. At this rate, the estimated listing price of Northern Arc Capital shares could be around ₹441, which would represent a 67.68% premium on its IPO price of ₹263. Given its solid fundamentals and strong grey market performance, Northern Arc Capital continues to be the top pick among experts for both short-term gains and long-term growth.
Final Take on the Three IPOs
For investors looking at quick profits, Western Carriers and Arcade Developers seem like good choices, with strong grey market performances. However, if you are looking for solid long-term potential, Northern Arc Capital is where most market experts place their trust. Northern Arc’s growth potential and attractive valuation make it the standout option among the three IPOs.
In any case, investors should carefully evaluate their investment goals before making a decision. Each IPO offers something unique, whether it’s short-term gains or long-term stability.
