Listed Mainboard IPO ARCIL

Asset Reconstruction Co. (India) IPO GMP & Allotment

Asset Reconstruction Company (India) acquires and securitizes stressed corporate, SME, and retail loans from financial institutions. It maximizes recovery using IBC mechanisms, mutual settlements, and SARFAESI Act asset sales. Backed by data analytics and structured credit frameworks, the company generates revenue through management and trusteeship fees based on assets under management, alongside investment income from trust-issued security receipts.

IPO Price Band
₹132.00 - ₹139.00
Lot Size
107 Shares
Bidding Closes
11 Sept 2026
Listing Date
17 Sept 2026
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IPO Details

Complete IPO information

IPO Open Date 09 Sept 2026
IPO Close Date 11 Sept 2026
IPO Price Band ₹132.00 - ₹139.00
Lot Size 107 Shares
Current GMP ₹12
Estimated Listing Gain +0.00%
Issue Size Approx ₹732.97 Cr
Fresh Issue -
Issue Type Mainboard
IPO Listing BSE, NSE
Retail Quota TBA
Registrar MUFG Intime India Pvt. Ltd.
Overall Subscription 20.1x
Minimum Investment ₹14,873
DRHP Draft Prospectus PDF
RHP Draft Prospectus PDF
Demand Tracker

Subscription Status

Category Shares Reserved Shares Applied Subscription (x)
QIB 105.46 5552.44 52.65x
NII 79.10 1240.96 15.69x
Retail 184.56 626.34 3.39x
Overall Subscription 369.12 7419.75 20.10x
Analysis

IPO Snapshot & Investor Takeaways

At the upper end of its price band, Asset Reconstruction Co. (India) is priced at ₹139 per share. With a minimum lot size of 107 shares, a retail investor applying for one lot would need approximately ₹14,873 to participate in this Mainboard issue.

The latest recorded Grey Market Premium for Asset Reconstruction Co. (India) stands at ₹12, implying an estimated listing gain of around 8.63% over the issue price if it holds until listing. This is down ₹3 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.

As of the latest update, Asset Reconstruction Co. (India)'s IPO was subscribed 20.1x overall, with a category-wise breakdown of Retail 3.39x, QIB 52.65x, NII 15.69x.

Among the strengths highlighted in Asset Reconstruction Co. (India)'s IPO documents: Expertise in acquiring stressed assets and investing in security receipts.; Uses structured data consolidation and credit assessment for acquisitions..

Investors should also weigh the risk factors Asset Reconstruction Co. (India) has disclosed, including: Revenues heavily depend on the value and composition of managed assets..

Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.

Timeline

IPO roadmap at a glance

✓
Bidding Opens 09 Sept 2026
✓
Bidding Closes 11 Sept 2026
✓
Allotment 15 Sept 2026
✓
Listing 17 Sept 2026
Grey Market Premium

Daily GMP status

Date GMP Change Gain
17 Sept 2026 ₹12.00 -₹3.00 8.63%
16 Sept 2026 ₹15.00 +₹1.00 10.79%
11 Sept 2026 ₹14.00 -₹10.00 10.07%
10 Sept 2026 ₹24.00 -₹3.00 17.27%
09 Sept 2026 ₹27.00 - 19.42%
08 Sept 2026 ₹27.00 +₹27.00 19.42%
07 Sept 2026 ₹0.00 - TBA
06 Sept 2026 ₹0.00 - TBA
Swipe to see more →
Market Lot

Application size breakdown

Category Lots Shares Amount
Retail Minimum 1 Lot 107 ₹14,873
Retail Maximum 13 Lot 1,391 ₹1,93,349
S-HNI Minimum 14 Lot 1,498 ₹2,08,222
S-HNI Maximum 67 Lot 7,169 ₹9,96,491
B-HNI Minimum 68 Lot 7,276 ₹10,11,364
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Fund Utilization

Objects of the Issue & Official Documents

Issue Notes

Important takeaways before applying

Strengths

  • Expertise in acquiring stressed assets and investing in security receipts.
  • Uses structured data consolidation and credit assessment for acquisitions.
  • Leverages data analytics and scorecards for risk and recovery prediction.
  • Employs multiple IBC and SARFAESI Act resolution strategies.
  • Strong strategic partnerships with banks, NBFCs, and fintech platforms.

Risks

  • Revenues heavily depend on the value and composition of managed assets.
  • Failure to timely recover outstanding stressed asset amounts impacts cash flows.
  • Non-compliance with RBI inspection observations exposes the company to penalties.
  • Inability to acquire sufficient stressed assets at appropriate prices limits growth.
  • High reliance on third-party collection agents exposes the company to fraud risks.
Analysis

Asset Reconstruction IPO Reservation

The Asset Reconstruction IPO reservation is divided among qualified institutional buyers, non-institutional investors and retail investors. QIB investors are reserved 50% of the shares offered, while NII investors have a 15% allocation and retail investors have a 35% allocation. The anchor investor share count is currently shown as not specified.

Investor Category Share Offered -% Shares
Anchor Investor – Shares -%
QIB (Ex. Anchor) – Shares 50%
NII Shares Offered – Shares 15%
Retail Shares Offered – Shares 35%

Note: Reservation percentages are based on the Asset Reconstruction IPO information provided and may be updated in the final issue allocation.

Analysis

Asset Reconstruction IPO Anchor Investors

The Asset Reconstruction IPO anchor bidding is scheduled for September 8, 2026, ahead of the public subscription period. Anchor investors participate before the issue opens to other investors, with the final allocation and anchor size disclosed as part of the IPO process. The shares offered and anchor size are currently shown as not specified in the provided details.

Particular Details
Anchor Bidding Date September 8, 2026
Shares Offered [.] Shares
Anchor Size [.] Cr.
Lock-in Period End Date 50% Shares (30 Days) 2026
Lock-in Period End Date 50% Shares (90 Days) 2026

Note: Anchor allocation figures and lock-in dates are based on the Asset Reconstruction IPO information provided and may be updated after the final anchor investor allocation announcement.

Analysis

Asset Reconstruction Co. (India) IPO Dates

Particular Dates
IPO Open Date 09 Sept 2026
IPO Close Date 11 Sept 2026
Basis of Allotment 15 Sept 2026
Refunds 16 Sept 2026
Credit to Demat Account 16 Sept 2026
IPO Listing Date 17 Sept 2026

Note: The timeline for Asset Reconstruction Co. (India) IPO is tentative and subject to change.

Analysis

Asset Reconstruction Promoters and Holding Pattern

The promoters of Asset Reconstruction are Avenue India Resurgence Pte. Ltd. and State Bank of India. Before the IPO, the promoter and promoter group held 89.68% of the company's share capital. Following the IPO, their holding is expected to reduce to 73.45%, while the holding of other shareholders will increase to 26.55%.

Particular Pre IPO Shares Pre IPO % Shares Post IPO Shares Post IPO % Shares
Promoter and Promoter Group 291,383,245 89.68% 238651299 73.45%
Others* 33,513,895 10.32% 86,245,841 26.55%
Total 32,48,97,140 100% 32,48,97,140 100%

Note: The holding pattern is based on the Asset Reconstruction IPO details provided. “Others*” represents shareholders outside the promoter and promoter group.

Analysis

Asset Reconstruction Co. (India) Objects of the Issue & Utilisation of Proceeds

To Be Updated Soon

Analysis

Asset Reconstruction About Ipo


Asset Reconstruction Company (India) Limited, incorporated in February 2002, is a company that helps banks and financial institutions recover money from bad or stressed loans. It buys these troubled loans from banks and other financial institutions and then tries to recover the money through methods such as restructuring, settlement, legal action, enforcement of assets, and collections. The company received approval from the Reserve Bank of India (RBI) in August 2003 to start its asset reconstruction business and is recognised as the first Asset Reconstruction Company (ARC) incorporated in India. 


Its business is mainly divided into three areas: corporate loans, SME and other loans, and retail loans. It works with banks, financial institutions, NBFCs and housing finance companies to acquire stressed loans and has also been expanding its retail loan business. The company earns income mainly through fees and investments and uses lawyers, collection agents, valuers and data analytics to support loan recovery.

Analysis

Asset Reconstruction Co. (India) Company Financials

Period Revenue Expense PAT Assets
2024 609.49 Cr. 194.75 Cr. 310.89 Cr. 3656.69 Cr.
2025 607.84 Cr. 176.68 Cr. 309.24 Cr. 4395.99 Cr.
2026 749.92 Cr. 285.34 Cr. 322.69 Cr. 5726.40 Cr.

Note: Financial numbers for Asset Reconstruction Co. (India) are in ₹ Crores unless stated otherwise.

Analysis

Asset Reconstruction Co. (India) Company Valuation – FY2026

KPI Values
ROE 12.52%
ROCE [.]%
EBITDA Margin 69.81%
PAT Margin 46.90
Debt to Equity Ratio 0.34
Earning Per Share (EPS) 10.82 (Basic)
Price/Earning P/E Ratio -
Return on Net Worth (RoNW) 12.52%
Net Asset Value (NAV) 90.96

Note: Valuation KPIs for Asset Reconstruction Co. (India) are computed for FY2026.

Analysis

Asset Reconstruction Co. (India) IPO Peer Group Comparison

To Be Updated Soon

Analysis

Asset Reconstruction IPO Lead Managers aka Merchant Bankers

  • IIFL Capital Services Ltd.
  • IDBI Capital Markets & Securities Ltd.
  • JM Financial Ltd.
Comparison

Compare Asset Reconstruction Co. (India) IPO with similar IPOs

FAQ

Asset Reconstruction Co. (India) IPO FAQs

Asset Reconstruction Co. (India) IPO GMP today is Rs 12. Investors can use this GMP along with price band and subscription status for a better IPO review.
Asset Reconstruction Co. (India) IPO price band is Rs 132.00 to Rs 139.00. Check the latest issue price, lot size and GMP together before applying.
Asset Reconstruction Co. (India) IPO open date is 09 Sept 2026, close date is 11 Sept 2026, and listing date is 17 Sept 2026.
Asset Reconstruction Co. (India) IPO lot size is 107 shares. The minimum retail investment is Rs 14,873.
Asset Reconstruction Co. (India) is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
Asset Reconstruction Co. (India) IPO subscription status currently shows Retail 3.39x, QIB 52.65x, NII 15.69x, Overall 20.1x.
Asset Reconstruction Company (India) acquires and securitizes stressed corporate, SME, and retail loans from financial institutions. It maximizes recovery using IBC mechanisms, mutual settlements, and SARFAESI Act asset sales. Backed by data analytics and structured credit frameworks, the company generates revenue through management and trusteeship fees based on assets under management, alongside investment income from trust-issued security receipts.
Asset Reconstruction Co. (India) IPO issue size is 732.97 and the expected allotment date is 15 Sept 2026.
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