Asset Reconstruction Company (India) Limited
Open now9–11 Sep 2026
Updated 2026-09-09 (IST)
What Asset Reconstruction Company (India) Limited does
Asset Reconstruction Company (India) Limited (Arcil) is an asset reconstruction company operating across India. The company is engaged in the business of acquiring stressed assets from banks and financial institutions and implementing resolution strategies through restructuring, enforcement of rights on underlying securities, and settlement to maximize recovery and optimize asset values.
Asset Reconstruction Company (India) Limited financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| FY24 | FY25 | FY26 | ||
|---|---|---|---|---|
| Sales | 606 | 582 | 722 | |
| Operating Profit | 444 | 446 | 533 | |
| OPM % | 73.2% | 76.6% | 69.8% | |
| Net Profit | 330 | 330 | 352 | |
| Total Debt | 150 | 306 | 1,205 |
Asset Reconstruction Company (India) Limited IPO offer structure
Offer for sale: ₹733 cr
The fresh-issue component is not stated in what we extracted from the offer document, so the full issue size and the split between the two are unknown. This figure is the offer for sale alone, not the total raise. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
The document states these as share counts against a blank amount, because the price band is announced separately. Converted here at the cap of ₹139, with each count cited to its page.
Use of proceeds- Offer for Sale - proceeds go to Selling Shareholders
Asset Reconstruction Company (India) Limited promoters and holding
- Avenue India Resurgence Pte. Ltd.: Promoter
- State Bank of India: Promoter
Asset Reconstruction Company (India) Limited strengths and risks
Company-stated strengths and disclosed risk factors from the offer document.
- We were the first ARC to be incorporated in India having obtained our certificate of registration to commence our operations on August 29, 2003. (p.179)
- We were the second largest ARC in India in terms of AUM, as of March 31, 2024, with an AUM of ₹ 168,525.70 million, as of March 31, 2025. (p.179)
- We were the second most profitable private ARC in India during Fiscal 2025 with a profit after tax of ₹ 3,553.19 million on a standalone basis. (p.179)
- We had recorded the lowest expenses on a standalone basis in Fiscal 2025 as a percentage of average total AUM as of March 31, 2025 among the top 7 ARCs in India. (p.179)
- We have the lowest debt to equity ratio on a standalone basis amongst top 6 private ARCs in India. (p.179)
- Our revenue and profits are largely dependent on the value and composition of our AUM and any adverse change in our AUM may impact our revenue and profit. (p.26)
- Non-compliance with RBI’s observations made during any inspection could expose us to penalties and restrictions. (p.26)
- We bid for stressed assets through a competitive bidding process including the Swiss challenge and anchor process. If we are unable to source and acquire sufficient stressed assets, our growth may be affected. (p.26)
- Our inability to recover outstanding amounts from the stressed assets we acquire and manage in a timely manner, or at all, could adversely affect our business. (p.26)
- A significant portion of our stressed assets are under our corporate loans business vertical. (p.26)
Asset Reconstruction Company (India) Limited peer comparison
DRHP data only| Company | CMP | P/E | OPM% | ROE% | Source |
|---|---|---|---|---|---|
| Edelweiss Asset Reconstruction Company Limited | — | — | — | — | DRHP |
| Phoenix ARC Private Limited | — | — | — | — | DRHP |
| JM Financial Asset Reconstruction Company Limited | — | — | — | — | DRHP |
P/E from offer document where live data unavailable. Not a fair-value judgement.
Asset Reconstruction Company (India) Limited market and competition
ARCIL is the second largest ARC in India (in terms of AUM) with an AUM of ₹ 1,68,525.70 Million as of March 31, 2025. Edelweiss ARC, Phoenix, JM Financial ARC, ACRE, and Omkara are the primary competitors of ARCIL.
Asset Reconstruction Company (India) Limited outlook, as the document states it
We intend to increase the proportion of Retail and SME and Other loans in our portfolio. We also intend to offer our collection services for retail loans to banks and collect outstanding amounts from borrowers on their behalf. Additionally, we plan to expand our AUM and grow our business by purchasing stressed assets from Microfinance Institutions.
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Asset Reconstruction Company (India) Limited IPO: common questions
When does the Asset Reconstruction Company (India) Limited IPO open and close?
The Asset Reconstruction Company (India) Limited IPO is open from 9 Sep 2026 to 11 Sep 2026.
What is the Asset Reconstruction Company (India) Limited IPO price band?
The price band is ₹132–₹139 per share.
What is the lot size and minimum investment for the Asset Reconstruction Company (India) Limited IPO?
One lot is 107 shares, and a retail application must be at least one lot. That is about ₹14,873 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.
What is the grey-market premium (GMP) for the Asset Reconstruction Company (India) Limited IPO?
As of 9 Sep 2026 the indicative GMP is +18.7%. GMP is unregulated and self-reported. Never decide on it alone.
When are the Asset Reconstruction Company (India) Limited IPO allotment and listing dates?
Not published yet. Derived from the close date on the usual timetable: allotment around 14 Sep 2026, refund/unblock around 15 Sep 2026 and listing around 16 Sep 2026. Treat these as estimates until the exchange confirms them.
How do I apply for the Asset Reconstruction Company (India) Limited IPO?
Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. We do not recommend brokers and carry no broker links. How to apply, start to finish →
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → Has GMP actually been right? →
How often do these actually open above the issue price?
Of the 505 mainboard IPOs that have listed on the NSE since 2003, 359 (71%) opened above their issue price, at a median of +10%. That is the segment's own record, not a forecast for this issue.