Asset Reconstruction Company (India) came to market through an IPO that opened on 9 September 2026 and closed on 11 September 2026, and the shares listed on 17 September 2026 on BSE, NSE. The price band was ₹132 to ₹139 per share and one lot was 107 shares, so the minimum application was ₹14,873. The issue size was ₹732.97 crore. The whole issue was an offer for sale, so the proceeds went to the selling shareholders rather than the company.
It listed at ₹139, flat against the issue price of ₹139. MUFG Intime India Pvt.Ltd was the registrar to the issue, and IIFL Capital Services Ltd., IDBI Capital Markets & Securities Ltd., JM Financial Ltd were the lead managers.
As of 11 September 2026.
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Overall the issue was subscribed 20.10 times.
Asset Reconstruction Company is one of the major Asset Reconstruction Companies in India that provides Asset Reconstruction Services. The main activity of the company is the acquisition and resolution of stressed financial assets via restructuring, enforcement of rights over securities, settlements.The business model of the company works in three segments; 1. Corporate Loans 2. SME, and 3. Other loans and retail loans. Company Key Statistics:
Second largest ARC in terms of Assets Under Management of Rs 152,300.31 million, as of March 31, 2024. Second largest ARC with Net Worth of Rs 24,625.11 million, as of March 31, 2024. Total Assets Under Management is Rs 168,525.70 million, as of March 31, 2025, with 75.48% in corporate loans, 16.31% in retail loans, and 8.22% SME loans. As of March 31, 2025, there are 201 registered values and 163 collection agents, 13 offices in 12 states, 193 employees
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
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Asset Reconstruction Company (India) Limited (Arcil) finalised its anchor investor allocation on September 8, 2026, raising ₹219.89 crore from 21 institutional investors at an anchor price of ₹139 per share. The anchor book comprises 1,58,19,583 equity shares, with domestic mutual funds receiving 51.39% of the allocation through 6 fund houses across 12 schemes, including WhiteOak Capital Mutual Fund, Aditya Birla Sun Life Mutual Fund, Bandhan Mutual Fund, Tata Mutual Fund, JM Financial Mutual Fund, and Groww Mutual Fund.
Bajaj Life Insurance Limited was the sole life insurance participant, receiving 4.55%. The remaining allocation went to foreign portfolio investors and offshore derivative instrument holders, led by Goldman Sachs Funds at 15.92%, Ashoka WhiteOak India Opportunities Fund at 9.10%, and BofA Securities Europe, Integrated Core Strategies, Societe Generale, and Goldman Sachs' ETF Trust and Bank Europe entities.
Avenue India Resurgence Pte.Ltd, State Bank of India. Promoter holding 89.68% before the issue and 78.67% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Asset Reconstruction Company (India) IPO was a ₹732.97 crore book-built issue, made up entirely of an offer for sale. It was priced at ₹132–₹139 per share with a lot size of 107 shares (₹14,873). The IPO was open from September 9 to September 11, 2026 and was subscribed 20.1x. Shares listed on BSE and NSE on September 17, 2026 at ₹139, in line with the issue price of ₹139. MUFG Intime India Pvt. Ltd. is the registrar.
IIFL Capital Services Ltd. and 2 other book running lead managers manage the issue.
The price band of Asset Reconstruction Company (India) IPO is ₹132 to ₹139 per share.
The lot size of Asset Reconstruction Company (India) IPO is 107 shares.
The minimum investment for Asset Reconstruction Company (India) IPO is approximately ₹14,873 based on the upper price band.
The allotment date of Asset Reconstruction Company (India) IPO is Sep 15, 2026.
No GMP quote could be verified as recorded before Asset Reconstruction Company (India) IPO listed. A grey-market observation of ₹10 per share was recorded on 17 Sep 2026, 7:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹139. GMP is unofficial and does not forecast or guarantee the actual listing price.
Asset Reconstruction Company (India) IPO listed on Sep 17, 2026. It was issued at ₹139.0(NSE) and is currently around ₹120.50 as on 30-Oct-2026 3:30 PM, which is approximately -13.3% versus issue price. The 52-week high is ₹164.90.
You can check Asset Reconstruction Company (India) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Asset Reconstruction Company (India) IPO allotment status on Rupix for quick and easy access.
₹132 to ₹139 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 107 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,873.
₹14,873, for one lot of 107 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 9 September 2026 and closed on 11 September 2026.
The basis of allotment was published on 15 September 2026 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 17 September 2026 on BSE, NSE, opening at ₹139.
The issue size was ₹732.97 crore. The offer for sale was 5,27,31,946 shares (aggregating up to ₹732.97 crore).
It listed at ₹139 against an issue price of ₹139, a gain of 0 percent on listing day.