Asset Reconstruction Company (India)’s initial public offering (IPO) is set to open for subscription on September 9, 2026. According to the Red Herring Prospectus (RHP), the ₹732.97 crore book-built issue comprises an offer for sale (OFS) of up to ₹732.97 crore, with no fresh issuance of shares.

The IPO will remain open until September 11, 2026. The basis of allotment is expected to be finalised on September 15, 2026, and the shares are tentatively scheduled to be listed on the BSE and NSE 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 Category-wise Investment Limits

The application size for each category is as follows -

Category	Investment Range
Qualified Institutional Buyers (QIBs)	Not more than 50% of the Net Issue
Non-Institutional Investors (NIIs)	Not less than 15% of the Net Issue
Retail Individual Investors (RII)	Not less than 35% of the Net Issue

The minimum investment amount for each category, based on the upper price band of ₹139 per share, is as follows -

Investor Category	Lots	Shares	Investment Amount (Approx.)
Retail (Minimum)	1	107	₹14,873
Retail (Maximum)	13	1,391	₹1,93,349
sNII (Minimum)	14	1,498	₹2,08,222
bNII (Minimum)	68	7,276	₹10,11,364

About Asset Reconstruction Company (India) Limited

Incorporated in 2003, Asset Reconstruction Company (India) Limited is an asset reconstruction company (ARC) operating across India, engaged in acquiring stressed assets from banks and financial institutions and implementing resolution strategies through restructuring, enforcement of security interests and settlements.

As of March 31, 2025, the company was the second-largest ARC in India by AUM, with AUM of ₹168,525.70 million, and the second-most profitable private ARC in Fiscal 2025, reporting a standalone profit of ₹3,553.19 million. As of March 31, 2026, it operated through 13 offices across 12 states, with 206 employees, and worked with 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