Asset Reconstruction Company (India) IPO 2026: Date, Price Band, GMP and Details

Dates, price band, lot size, financials and full details of the Asset Reconstruction Company (India) Limited (ARCIL) IPO, sourced from the company's Red Herring Prospectus (RHP).

ARCIL IPO at a glance

Asset Reconstruction Company (India) Limited, known as ARCIL, is bringing a Book Built Mainboard IPO worth ₹732.97 crore. The issue is entirely an Offer for Sale (OFS) of 5,27,31,946 shares, with no fresh issue, so the company will not receive any proceeds. The IPO is open from 9 September to 11 September 2026 and is proposed to list on the BSE and the NSE.

Asset Reconstruction Company (India) IPO Details

Asset Reconstruction Company (India) IPO Timelines

Dates are tentative and may change.

Asset Reconstruction Company (India) IPO GMP

GMP stands for Grey Market Premium. It is the extra amount some traders are willing to pay for IPO shares in an informal market before listing, on top of the issue price. This market runs outside the stock exchanges, so the figure is unregulated, unverified, and can move sharply within a single day. A high GMP does not confirm a listing gain, and a low one does not rule it out, because it tracks short-term sentiment rather than the worth of the business. A steadier read on the IPO comes from the company's financials, its business, its valuation, and the risk factors set out in the Red Herring Prospectus (RHP).

About Asset Reconstruction Company (India) Limited

Incorporated in February 2002, Asset Reconstruction Company (India) Limited (ARCIL) is an asset reconstruction company (ARC) that acquires stressed assets from banks and financial institutions and implements resolution strategies to recover and maximise value from those assets. It received its certificate of registration from the Reserve Bank of India (RBI) to commence business in August 2003 and was the first ARC to be incorporated in India.

The company operates across three business verticals: Corporate Loans, SME and Other Loans, and Retail Loans. It acquires single-credit and portfolio-based stressed secured and unsecured assets, and applies a range of resolution, restructuring, enforcement, settlement, and collection strategies. It earns revenue through fee income and investment income, and works with a wide range of banks, financial institutions, non-banking financial companies (NBFCs), and housing finance companies.

As of 31 March 2026, the company operated through 13 offices across 12 states, including Delhi, and had 206 permanent employees, supported by registered valuers, collection agents, and empanelled lawyers.

What are the Key Strengths of Asset Reconstruction Company (India) (as stated in the RHP)

• India's first ARC with the second largest assets under management (AUM).
• Expertise in acquiring stressed assets, with increasing investment in security receipts (SRs).
• Ability to implement resolution strategies and a robust collections framework.
• Track record of consistent financial and operational performance.
• Experienced board of directors, management team, and marquee investors.

What are the Objects of the Issue

The IPO is a 100% Offer for Sale, so the company will not receive any of the proceeds. The entire amount, after expenses, goes to the selling shareholders. The company's objects are to achieve the benefits of listing and to carry out the Offer for Sale by the selling shareholders.

Amounts are at the upper price band of ₹139 per share.

What are the Company Financials of Asset Reconstruction Company (India)

Restated standalone figures, in ₹ crore.

2-Yr Compound Annual Growth Rate (CAGR) is calculated from FY 2024 to FY 2026.

Who Can Apply

The offer is split across investor categories as follows:

How to Apply for the Asset Reconstruction Company (India) IPO

You can apply online through your broker app or through your bank's net banking using the Application Supported by Blocked Amount (ASBA) facility.

1. Log in to your broker app or your bank's net banking.
2. Open the IPO section and select Asset Reconstruction Company (India) IPO.
3. Enter the number of lots and your bid price, or select the cut-off price.
4. Enter your Unified Payments Interface (UPI) ID, or confirm your bank account for the ASBA route.
5. Submit the application form.
6. Approve the mandate request in your UPI app to block the funds until allotment.

How to Check Allotment Status

The basis of allotment is expected to be finalised on 15 September 2026. Once it is out, you can check your allotment status in three ways. You will need your PAN, application number, or DP/Client ID.

• On the registrar's website, MUFG Intime India, at the public issues page.
• On the BSE or NSE website under the IPO allotment section.
• Inside your broker app, under orders or IPO history.

What is Shareholding Pattern of Asset Reconstruction Company (India)

The promoters are Avenue India Resurgence Pte. Ltd. and State Bank of India.

Key Risk Factors

The RHP lists several risk factors. A few of the key ones are summarised below. Please read the full RHP for the complete list.

• The company acquires stressed assets through a competitive bidding process, including the Swiss challenge and anchor process, which affects the assets it can acquire and the price it pays.
• It requires substantial capital for its business, and any disruption in its sources of capital could adversely affect operations.
• The Insolvency and Bankruptcy Code and other related laws may affect its right to recover amounts from stressed assets.
• The business relies significantly on its information technology systems.
• It relies on third-party service providers for certain aspects of its business.
• The asset reconstruction industry is highly competitive.
• Internal or external fraud or misconduct by employees could affect its reputation and results.
• The company, its subsidiaries, promoters, directors, and key managerial personnel are involved in certain legal and regulatory proceedings.
• Its branch offices are on leased premises and not on land owned by the company.
• After the Offer, the promoters will continue to hold a majority of the shareholding and can influence matters requiring shareholder approval.

Frequently Asked Questions (FAQs)

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

The IPO opens on 9 September 2026 and closes on 11 September 2026.

2. What is the price band of the IPO?

The price band is ₹132 to ₹139 per share.

3. What is the lot size?

One lot is 107 shares. Applications are made in multiples of 107 shares.

4. What is the minimum investment for retail investors?

The minimum investment is ₹14,873 at the upper price band (1 lot of 107 shares).

5. Is this IPO a fresh issue?

No. It is entirely an Offer for Sale of 5,27,31,946 shares, so the company receives no proceeds. The money goes to the selling shareholders.

6. When is the allotment date?

The allotment is expected to be finalised on 15 September 2026, with shares credited to demat accounts by 16 September 2026.

7. When is the listing date?

The shares are proposed to be listed on the BSE and the NSE on 17 September 2026 (tentative).

8. What does Asset Reconstruction Company (India) do?

ARCIL is an asset reconstruction company that acquires stressed assets from banks and financial institutions and implements resolution strategies to recover value.

9. What is the GMP of the Asset Reconstruction Company (India) IPO?

GMP, or Grey Market Premium, is an informal pre-listing price that sits outside the stock exchanges and is neither regulated nor verified. It shifts with day-to-day sentiment and does not confirm how the shares will list. A more reliable picture comes from the company's financials, valuation, and the risks in the RHP.

Read the full Red Herring Prospectus (RHP): View the official RHP filed with SEBI and the exchanges.

Disclaimer: This page is for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any securities. All figures are sourced from the company's Red Herring Prospectus and public filings and may change. Investments in securities are subject to market risks. Please read all offer documents carefully and consult a registered financial advisor before making any investment decision.