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Asset Reconstruction Company (India) IPO

Asset Reconstruction Company (India) Limited · Financial Services (Asset Reconstruction)

ListedMainboardNSEBSEBook built
Price band
To be announcedNot in this filing
Issue size
5,27,31,946 sharesAmount set with price
Face value
₹10per equity share
Lot size
To be announcedMin. investment shown once set
  1. Anchor bidding
    Tue, 2026
  2. Opens
    Wed, 2026
  3. Closes
    Fri, 2026
  4. Allotment
    Tue, 2026
  5. Listing
    Thu, 2026

Dates marked in the offer document as tentative. Times in IST.

Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.

Issue details

Issue type
Book built, fresh issue and offer for sale
Fresh issue
—
Offer for sale
5,27,31,946 shares
Total issue
5,27,31,946 shares
Face value
₹10
Listing at
NSE, BSE
RHP date
1 Sept 2026

Source: Red Herring Prospectus dated 1 Sept 2026Updated

Reservation

CategorySharesOf net offerStated in RHP
Retail individual investors——35%
Non-institutional investors (NII)——15%
Qualified institutional buyers (QIB)——50%

Source: Red Herring Prospectus dated 1 Sept 2026Updated

Subscription

Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.

Valuation

FY 2025-26 (standalone), pre-issue
EPS (basic)
₹12.55
EPS (basic) (FY 2025-26 (consolidated))
₹10.82
RoNW
13.95%
RoNW (FY 2025-26 (consolidated))
12.52%
NAV per share (As on March 31, 2026 (standalone))
₹94.78
NAV per share (As on March 31, 2026 (consolidated))
₹90.96
Debt to equity
0.39
EBITDA margin
78.21%

P/E and market cap are calculated once the price band is announced.

Source: Red Herring Prospectus dated 1 Sept 2026Updated

Financials

Standalone, restated · ₹ crore
RevenueProfit after tax
Period ended31 Mar 2026FY 2025-2631 Mar 2025FY 2024-2531 Mar 2024FY 2023-24
Revenue from operations753.04596.42570.14
Total income785.08623.40574.11
EBITDA588.93491.88416.36
Profit after tax407.84355.32305.34
Net worth3,079.392,767.802,462.51
Reserves and surplus2,754.502,442.902,137.61
Total assets4,460.853,263.822,795.34
Total borrowing1,205.50305.93149.95

FY 2025-26 vs FY 2024-25: revenue +26.3%, profit after tax +14.8%.

Source: Red Herring Prospectus dated 1 Sept 2026Updated

About the company

The company is an asset reconstruction company that acquires stressed assets from banks and financial institutions. It resolves these assets through restructuring, enforcement of security, settlement and collections, and earns fee and investment income from the trusts it manages. It was the first ARC incorporated in India and operates from Mumbai with a network of offices across several states.

Incorporated
2002
Industry
Financial Services (Asset Reconstruction)
CIN
U65999MH2002PLC134884

Source: Red Herring Prospectus dated 1 Sept 2026Updated

Promoters and shareholders

NameTypeBefore issueAfter issueShares offered
Avenue India Resurgence Pte. Ltd.Promoter69.73%—2,48,23,910
State Bank of IndiaPromoter19.95%—1,09,63,062
Lathe Investment Pte. Ltd.Selling shareholder——1,62,44,858
The Federal Bank LimitedSelling shareholder——7,00,116

Source: Red Herring Prospectus dated 1 Sept 2026Updated

Objects of the issue

PurposeAmount
Listing of the equity shares on the stock exchanges and offer for sale by the selling shareholders; the company receives no proceeds from the offerSet with price

Source: Red Herring Prospectus dated 1 Sept 2026Updated

Strengths and risks

Our summary of what the offer document states

Strengths

  • First ARC incorporated in India, with an operating history of over two decades.
  • Asset under management of about ₹201,500 million as of March 31, 2026, across corporate, SME and retail loans.
  • Net owned funds above the RBI requirement in October 2022, positioning it to act as a resolution applicant under the IBC.
  • Established relationships with a wide base of banks and financial institutions that sell stressed assets.
  • Revenue from both fee income and investment income across its managed trusts.

Risks

  • Revenue and profit depend heavily on the size and mix of its AUM, which can decline for reasons outside its control.
  • Past RBI inspections raised multiple supervisory concerns, and non-compliance could lead to penalties or restrictions.
  • Some historical corporate records and filings could not be traced, which may lead to regulatory or legal action.
  • The offer is entirely an offer for sale, so the company receives no proceeds from it.
  • Shares have had no prior public market, so the post-listing price may differ from the offer price and trading may not be active.

Source: Red Herring Prospectus dated 1 Sept 2026Updated

Contacts

Lead manager
IIFL Capital Services Limited
SEBI INM000010940
Lead manager
IDBI Capital Markets & Securities Limited
SEBI INM000010866
Lead manager
JM Financial Limited
SEBI INM000010361
Company
Asset Reconstruction Company (India) Limited
cs@arcil.co.in
+91 22-66581300

Source: Red Herring Prospectus dated 1 Sept 2026Updated

Allotment status

Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.

Allotment
Refunds
Demat credit
Listing

Source: Red Herring Prospectus dated 1 Sept 2026Updated

After listing

Listing price, day-one high and low, and the change from the issue price (set at allotment) appear here after the shares list on NSE and BSE.

Frequently asked questions

When does the Asset Reconstruction Company (India) IPO open and close?

According to the Red Herring Prospectus, the issue opens on Wednesday, 9 September 2026 and closes on Friday, 11 September 2026.

What is the Asset Reconstruction Company (India) IPO price band?

The Red Herring Prospectus does not include a price band. The company announces it by advertisement before the issue opens, and this page is updated when it is filed.

Where will Asset Reconstruction Company (India) shares list?

On NSE and BSE. The tentative listing date is Thursday, 17 September 2026.

Who is the registrar of the issue?

MUFG Intime India Private Limited (SEBI registration INR000004058). Allotment status is checked on the registrar's website.

How do I check the Asset Reconstruction Company (India) IPO allotment status?

The basis of allotment is expected to be finalised on Tuesday, 15 September 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (MUFG Intime India Private Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.

Spotted something wrong?

Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.