ASSET RECONSTRUCTOIN IPO

MAINBOARDCLOSED

ASSET RECONSTRUCTOIN is a MAINBOARD IPO with a current status of CLOSED. The price band is 132 - 139 . The issue opens on 09 SEP and closes on 11 SEP. The listing date is 17 SEP.

Price Band

132 - 139

Unofficial GMP

₹10

Lot Size

107 shares

Minimum Investment

₹14,873

ASSET RECONSTRUCTOIN IPO GMP

The latest available GMP is ₹10. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.

Estimated Listing Price

₹149.00

Estimated Gain

+7.2%

ASSET RECONSTRUCTOIN IPO GMP History

15

10 SEP

15

09 SEP

24

08 SEP

14

11 SEP

10

11 SEP

ASSET RECONSTRUCTOIN IPO Details

IPO Type
MAINBOARD
Status
CLOSED
Price Band
132 - 139
Issue Size
732.97 CR
Issue Type
Book Build Issue
Offer for Sale
₹732.97 Cr
Face Value
10
Lot Size
107
Minimum Investment
14,873
Exchange
BSE $ NSE
Registrar
UFG Intime India Pvt.Ltd.
Lead Managers
JM Financial Ltd.

ASSET RECONSTRUCTOIN IPO Dates

Open Date
09 SEP
Close Date
11 SEP
Allotment Date
15 SEP
Refund Date
16 SEP
Demat Credit Date
16 SEP
Listing Date
17 SEP

ASSET RECONSTRUCTOIN IPO Subscription

QIB
4.00x
NII / HNI
2.37x
Retail
1.91x
Total
2.61x

ASSET RECONSTRUCTOIN IPO Financials

Revenue
PAT
Total Assets

Revenue

FY2026

₹753.04 Cr

+26.26% vs FY2025

PAT

FY2026

₹402.84 Cr

+13.37% vs FY2025

Total Assets

FY2026

₹4,460.85 Cr

+36.68% vs FY2025

ParticularsFY2024FY2025FY2026
Revenue570.14596.42753.04
Net Profit305.34355.32402.84
Total Assets2,795.343,263.814,460.85

ASSET RECONSTRUCTOIN IPO Market Lot

CategoryLotsSharesInvestment
Retail Minimum1107₹14,873
Retail Maximum131,391₹1,93,349
Small HNI141,498₹2,08,222
Big HNI687,276₹10,11,364

ASSET RECONSTRUCTOIN IPO Reservation

QIB
50%
NII / HNI
15%
Retail
35%
Employee
NIL
Shareholder
NIL

ASSET RECONSTRUCTOIN Promoter Holding and Anchor Allocation

Pre-IPO Promoter Holding
89.68%
Post-IPO Promoter Holding
29,13,83,245
Anchor Details
ARCIL raised approximately ₹219.89 crore from anchor investors on 8 September 2026. It allotted approximately 1.58 crore shares (1,58,19,584 shares) to 2Prominent anchor investors included Goldman Sachs, Bank of America (BofA), Ashoka WhiteOak and Tata Mutual Fund. More than half of the anchor allocation reportedly went to mutual funds. IPOWEB में short fill: QIB 50% | NII 15% | Retail 35% | Employee NIL | Shareholder NIL | Pre-Promoter Holding 89.68% | Anchor ₹219.89 Cr | Anchor Price ₹139/share.1 anchor investors at ₹139 per share, the upper end of the IPO price band.

ASSET RECONSTRUCTOIN Company Overview

Asset Reconstruction Company (India) Limited, commonly known as ARCIL, was incorporated in February 2002 and received its Asset Reconstruction Company licence from the Reserve Bank of India on August 29, 2003. It is one of India's oldest asset reconstruction companies and operates in the distressed-assets and stressed-loan resolution industry.

ASSET RECONSTRUCTOIN Business Model

ARCIL's core business is the acquisition, management, reconstruction and resolution of stressed financial assets acquired primarily from banks and financial institutions. Its operations broadly cover Corporate Loans, SME/other loans and Retail Loans. After acquiring stressed assets, ARCIL may employ restructuring, settlement, enforcement of security interests, collections, asset sales and other permitted resolution strategies to maximise recovery. The company generates income primarily from management/trusteeship fees and investment-related income from stressed-asset portfolios, including upside/incentive income and fair-value changes. Consequently, its earnings are closely linked to its ability to acquire stressed assets at appropriate valuations and successfully recover or resolve them.

ASSET RECONSTRUCTOIN Objects of the Issue

Particular IPOWEB Entry Offer Type 100% Offer for Sale (OFS) Fresh Issue NIL OFS Up to 5,27,31,946 Equity Shares Primary Object Achieve benefits of listing the Equity Shares on the Stock Exchanges OFS Proceeds Paid to respective Selling Shareholders Proceeds Received by ARCIL NIL

ASSET RECONSTRUCTOIN Strengths

1. Established position in India's ARC industry: ARCIL has operated in India's asset-reconstruction sector for more than two decades and has experience across multiple stressed-asset resolution cycles. This operating history provides significant institutional knowledge in acquiring, managing and resolving distressed assets. 2. Strong AUM and recovery track record: ARCIL reported AUM of approximately ₹20,150 crore as of March 31, 2026. Since inception, Security Receipts worth approximately ₹44,114 crore had been issued, while cumulative recoveries reached approximately ₹31,915 crore. 3. Comfortable capitalisation: ARCIL's net worth increased to approximately ₹3,079 crore in FY2026 from ₹2,768 crore in FY2025. CRISIL also highlighted its comfortable capitalisation and conservative gearing philosophy, assigning its long-term bank facilities a CRISIL AA-/Stable rating in June 2026. 4. Increasing diversification into Retail and SME: ARCIL has strategically expanded beyond large corporate stressed assets into retail and SME portfolios. Retail and SME assets accounted for approximately 53% of FY2026 acquisitions, compared with 19% in FY2020. 5. Strong operating infrastructure: The company has a pan-India presence with more than 13 offices and an extensive external network of collection agents and legal professionals, supporting its recovery and resolution activities across different regions.

ASSET RECONSTRUCTOIN Risks

1. AUM-dependent revenue and profitability: ARCIL's revenue and profits depend significantly on the size, value and composition of its AUM. A decline in new stressed-asset acquisitions, faster redemption of existing Security Receipts without adequate replacement acquisitions, or weaker recoveries could adversely affect management fees and investment income. 2. Volatile earnings: Asset-reconstruction earnings can fluctuate because income depends on timing and success of recoveries, resolution of distressed assets, fair-value movements and investment income. CRISIL specifically identifies inherent earnings volatility as one of ARCIL's key weaknesses. 3. RBI regulatory and compliance risk: ARCIL operates in a heavily regulated industry. The RHP disclosures include RBI supervisory observations involving areas such as policies, due diligence, succession planning, KYC, outsourcing, business continuity and complaint-management processes. Failure to address regulatory observations could lead to penalties, restrictions or reputational damage. 4. Acquisition and recovery risk: ARCIL must continually identify and acquire stressed assets at commercially viable prices. Increasing competition or reduced supply of suitable stressed assets could affect future AUM growth. After acquisition, actual recovery may also differ materially from estimates. 5. Ageing stressed assets: Older portfolios can take considerable time to resolve. CRISIL reported that approximately ₹7,027 crore of ARCIL's outstanding AUM had completed eight years as of March 31, 2026, although recoveries from this portfolio were continuing. 6. IPO proceeds do not strengthen the company: Since the IPO is 100% OFS, the proceeds go to selling shareholders rather than ARCIL. Therefore, unlike a fresh issue, the IPO itself does not provide additional capital for expansion, acquisitions or debt reduction.

ASSET RECONSTRUCTOIN Frequently Asked Questions

What is the ASSET RECONSTRUCTOIN IPO price band?

The ASSET RECONSTRUCTOIN IPO price band is 132 - 139 .

What is the latest ASSET RECONSTRUCTOIN IPO GMP?

The latest available ASSET RECONSTRUCTOIN IPO GMP in the IPOWEB database is ₹10. GMP is unofficial and does not guarantee a listing gain.

When does the ASSET RECONSTRUCTOIN IPO open and close?

The ASSET RECONSTRUCTOIN IPO opens on 09 SEP and closes on 11 SEP.

When is the ASSET RECONSTRUCTOIN IPO allotment date?

The ASSET RECONSTRUCTOIN IPO allotment date is 15 SEP.

When is the ASSET RECONSTRUCTOIN IPO listing date?

The ASSET RECONSTRUCTOIN IPO listing date is 17 SEP.

What is the ASSET RECONSTRUCTOIN IPO subscription?

The latest total subscription available for the ASSET RECONSTRUCTOIN IPO is 2.61x.