Asset Reconstruction Company (India) IPO Day 2: Subscription Status, Timeline & Key Issue Details
Asset Reconstruction Company (India)'s ₹732.97 crore initial public offering (IPO) entered its second day of public subscription today, September 10, 2026, with a price band of ₹132 to ₹139 per share. As of 10:25 A.M on the second day of bidding, the issue had been subscribed 0.47 times.
The IPO will remain open for subscription until September 11, 2026. The basis of allotment is expected to be finalised on September 15, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on September 17, 2026.
Asset Reconstruction Company (India) IPO - Issue Details
- Issue Type: Book Built Issue (OFS Only)
- Total Issue Size: Up to ₹732.97 crore
- Fresh Issue: Not Applicable
- Offer for Sale (OFS): Up to ₹732.97 crore
- Face Value: ₹10 per equity share
- Price Band: ₹132 to ₹139 per share
- Lot Size: 107 shares
- Minimum Investment Amount (Retail Investor): ₹14,873 (107 shares at the upper price)
- Listing: BSE, NSE
- Book Running Lead Managers: IIFL Capital Services Limited, IDBI Capital Markets & Securities Limited, JM Financial Limited
- Registrar: MUFG Intime India Private Limited
Asset Reconstruction Company (India) IPO Timeline (Tentative)
The expected IPO schedule is as follows:
|
Event |
Date |
|
Subscription Opening Date |
9 September 2026 |
|
Subscription Closing Date |
11 September 2026 |
|
Basis of Allotment Date |
15 September 2026 |
|
Refund Initiation Date |
16 September 2026 |
|
Credit of Shares |
16 September 2026 |
|
Listing on BSE and NSE |
17 September 2026 |
Note: The allotment and listing dates are tentative and may be revised.
Explore other Upcoming IPOs on BSE and NSE.
Asset Reconstruction Company (India) IPO Day 2 Subscription Status
[September 10, 2026, 10:25 A.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.09x |
|
Non-Institutional Investors (NIIs) |
0.48x |
|
Retail Individual Investors (RIIs) |
0.69x |
|
Total |
0.47x |
About Asset Reconstruction Company (India) Limited
Incorporated in 2003, Asset Reconstruction Company (India) Limited (ARCIL) is an asset reconstruction company that acquires stressed assets from banks and financial institutions across India. The company works towards resolving these assets through various strategies, including restructuring, enforcement of security interests, settlements, and other recovery measures.
As of March 31, 2025, ARCIL was the second-largest ARC in India by assets under management (AUM), with an AUM of ₹168,525.70 million. It was also the second-most profitable private ARC in Fiscal 2025, recording a standalone profit of ₹3,553.19 million. As of March 31, 2026, the company had 13 offices across 12 states, supported by 206 employees, 218 registered valuers, and 206 collection agencies.
Key Financial Highlights
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
753.04 |
596.42 |
570.14 |
|
EBITDA |
588.93 |
491.88 |
416.36 |
|
Profit After Tax (PAT) |
407.84 |
355.32 |
305.34 |
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