Asset Reconstruction Company India IPO

About Asset Reconstruction Company (India) IPO

The Asset Reconstruction Company (India) IPO, a mainboard IPO, opens on Wednesday, September 9, 2026 and closes on Friday, September 11, 2026. The allotment of shares will take place on Tuesday, September 15, 2026. The credit of shares to the demat account will take place on Wednesday, September 16, 2026. The initiation of refunds will take place on Wednesday, September 16, 2026. The listing of shares will take place on Thursday, September 17, 2026.

The equity shares offered through the IPO are proposed to be listed on BSE and NSE.

The offer consists entirely of an offer for sale component. There is no fresh issue. The offer for sale portion includes up to 52,731,946 equity shares aggregating up to ₹733 crore.

Asset Reconstruction Company (India) IPO's price band is set at ₹132 to ₹139 per share. The lot size for an application is 107 shares. The minimum amount of investment required by a retail investor is ₹14,873.

The company is engaged in the business of acquiring stressed assets from banks and financial institutions and implementing resolution strategies aimed at maximizing recovery and optimizing the value of such stressed assets.

Objectives of Asset Reconstruction Company (India) IPO

• Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Industry Outlook

The asset reconstruction industry in India plays a crucial role in cleaning up balance sheets of banks and financial institutions by acquiring non-performing assets and implementing resolution strategies.

The industry classifies stressed assets into Corporate/ Large borrower, MSME, and Retail loans on the basis of classification done by the RBI.

ARCs operate under the regulatory framework of the Reserve Bank of India pursuant to the SARFAESI Act, 2002.

About Asset Reconstruction Company (India) Limited

Asset Reconstruction Company (India) is a pioneer in the asset reconstruction industry in India, having been the first ARC to be incorporated.

The Company operates across three business verticals: Corporate loans, SME and Other loans, and Retail loans.

The company is backed by marquee promoters and investors including Avenue India Resurgence Pte. Ltd. and State Bank of India.

Strengths of Asset Reconstruction Company (India)

• Pioneer and established player in the Indian asset reconstruction industry.

• Diversified sourcing of stressed assets across public, private, co-operative banks and NBFCs.

• Robust resolution capabilities and track record of consistent recovery.

• Second highest capital adequacy ratio, among the top 7 ARCs in India.

• Lowest debt to equity ratio on a standalone basis amongst top 6 private ARCs in India.

Risks of Asset Reconstruction Company (India)

• Revenue and profits are largely dependent on the value and composition of our AUM and any adverse change in AUM may impact revenue and profit.

• Non-compliance with RBI’s observations made during any inspection could expose to penalties and restrictions.

• Operations are dependent on the ability to attract and retain qualified personnel, including our Key Managerial Personnel and Senior Management.

• The asset reconstruction industry is highly competitive, and the company’s inability to compete effectively could adversely affect its business and results of operations.

Peer Comparison

There are no listed companies in India or globally that are directly comparable in size and business model to the Company.

Anchor Investor Bidding Date

Tuesday, September 8, 2026

IPO Registrar and Book Running Lead Managers

Registrar Details

MUFG Intime India Private Limited

Tel: +91 810 811 4949

E-mail: arcil@in.mpms.mufg.com

Book Running Lead Manager(s):

IIFL Capital Services Limited

IDBI Capital Markets & Securities Limited

JM Financial Limited

Asset Reconstruction Company (India) Contact Details

The Ruby, 10th Floor, 29 Senapati Bapat Marg, Dadar (West), Mumbai – 400 028, Maharashtra, India.

Tel: +91 22-66581300

E-mail: cs@arcil.co.in

Asset Reconstruction Company (India) Business Model

The Company acquires stressed assets from banks and financial institutions, manages them through trusts, issues security receipts, and generates revenue through management fees, portfolio recovery fees, and investment income.

Asset Reconstruction Company (India) Growth Trajectory

Asset Reconstruction Company (India) Limited's Total Income for FY26 was ₹749.92 crore, whereas in FY25 and FY24 it was ₹607.84 crore and ₹609.49 crore, respectively.

The Profit After Tax for FY26 was ₹322.69 crore, whereas in FY25 and FY24 it was ₹309.24 crore and ₹310.89 crore, respectively.

Their EBITDA for FY26 was ₹532.78 crore, whereas in FY25 and FY24 it was ₹466.07 crore and ₹443.62 crore, respectively.

Asset Reconstruction Company (India) Market Position

The Company is backed by marquee promoters and investors including Avenue India Resurgence Pte. Ltd. and State Bank of India.

As of 31 March 2026, the company's Total Income, Profit After Tax, and EBITDA were ₹749.92 crore, ₹322.69 crore, and ₹532.78 crore, respectively.

How to apply for Asset Reconstruction Company (India) IPO?

Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.

Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.

Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.

Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.