Asset Reconstruction Company IPO to open on September 9. Check details

Asset Reconstruction Company (India) Ltd, popularly known as ARCIL, will open its IPO for subscription on September 9, with the issue set to close on September 11. The IPO will be a book-built issue and will be listed on both BSE and NSE. The tentative listing date has been fixed as September 17, while the basis of allotment is expected to be finalised on September 15. Refunds and the credit of shares to demat accounts are likely on September 16.

The issue will be entirely an offer for sale of 5.27 crore shares of face value Rs 10 each. Since the IPO is a 100% OFS, the company will not receive any proceeds from the issue. The money raised will go to the selling shareholders.

Price band yet to be announced


The price band and total issue size in rupee terms have not been declared yet. The company’s pre-issue and post-issue shareholding will remain unchanged at 32,48,97,140 shares, as there is no fresh issue component.

As per the reservation details, not more than 50% of the offer will be available for qualified institutional buyers, not less than 35% for retail investors and not less than 15% for non-institutional investors.

About ARCIL

Incorporated in February 2002, ARCIL is an asset reconstruction company that buys stressed assets from banks and financial institutions and works on recovery and resolution. The company received its certificate of registration from the Reserve Bank of India in August 2003 and is recognised as India’s first ARC.

ARCIL operates across three business verticals: corporate loans, SME and other loans, and retail loans. It acquires stressed secured and unsecured assets, either as single-credit exposures or portfolios, and uses resolution, restructuring, enforcement, settlement and collection strategies depending on the nature of the assets. Its revenue comes from fee income and investment income.

The company has relationships with banks, financial institutions, NBFCs and housing finance companies. It has also been expanding in the retail stressed assets segment, supported by legal mechanisms, collection infrastructure and data analytics.

As of March 2026, ARCIL had 13 offices across 12 states, including Delhi, and 206 permanent employees. Its operations are supported by registered valuers, collection agents and empanelled lawyers.

Financials

ARCIL reported total income of Rs 785 crore in FY26, up 26% from Rs 623 crore in FY25. Profit after tax rose 15% to Rs 408 crore from Rs 355 crore.

IIFL Capital Services is the book-running lead manager to the issue, while MUFG Intime India is the registrar.

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