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Opens
9 Sept 2026
Closes
11 Sept 2026
Allotment
15 Sept 2026
Listing
17 Sept 2026
At a glance
IPO Open Wed, Sep 9, 2026 IPO Close Fri, Sep 11, 2026 Price Band To be declared Market Cap To be declared IPO Details IPO Date 9 to 11 Sep, 2026 Listing Date Thu, Sep 17, 2026 T Face Value ₹ 10 per share Price Band Sale Type OFS only Issue Type Bookbuilding IPO Listing At BSE, NSE Total Issue Size 5,27,31,946 shares (agg. up to ₹ [.] Cr) Offer for Sale 5,27,31,946 shares of ₹ 10 (agg. up to ₹ [.] Cr) Share Holding Pre Issue 32,48,97,140 shares Share Holding Post Issue 32,48,97,140 shares IPO Timetable (Tentative) IPO Open Wed, Sep 9, 2026 IPO Close Fri, Sep 11, 2026 Allotment Tue, Sep 15, 2026 Refund Wed, Sep 16, 2026 Credit of Shares Wed, Sep 16, 2026 Listing Thu, Sep 17, 2026 IPOs Timetable Issue Reservation Investor Category Shares QIB Not more than 50% of the Offer Retail Not less than 35% of the Offer NII Not less than 15% of the Offer About Asset Reconstruction Co.(India) Ltd. Updated on Sep 2, 2026 Incorporated in February 2002, Asset Reconstruction Company (India) Limited is an asset reconstruction company (ARC) engaged in acquiring stressed assets from banks and financial institutions and implementing resolution strategies to maximize recoveries and optimize the value of such assets. The Company received its certificate of registration from the Reserve Bank of India (RBI) to commence securitisation and asset reconstruction operations in August 2003 and is recognised as the first ARC incorporated in India.
The Company operates across three key business verticals—Corporate Loans, SME and Other Loans, and Retail Loans. It acquires single-credit and portfolio-based stressed secured and unsecured assets and deploys various resolution, restructuring, enforcement, settlement and collection strategies based on the nature of the underlying assets. Its operations generate revenue through fee income and investment income.
Overview
Asset Reconstruction IPO is a book build issue of 5.27 crore shares. The issue is entirely an offer for sale of 5.27 crore shares.
Asset Reconstruction IPO opens for subscription on Sep 9, 2026 and closes on Sep 11, 2026. The allotment for the Asset Reconstruction IPO is expected to be finalized on Sep 15, 2026. Asset Reconstruction IPO will list on NSE and BSE with a tentative listing date fixed as Sep 17, 2026.
Asset Reconstruction IPO is set issue price band at [.] to [.] per share.
IIFL Capital Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Asset Reconstruction IPO RHP for detailed Information.
Issue details
IPO Date
9 to 11 Sep, 2026
Listing Date
Thu, Sep 17, 2026T
Face Value
₹10 per share
Sale Type
OFS only
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Issue reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Offer |
| Retail | Not less than 35% of the Offer |
| NII | Not less than 15% of the Offer |
About the company
Incorporated in February 2002, Asset Reconstruction Company (India) Limited is an asset reconstruction company (ARC) engaged in acquiring stressed assets from banks and financial institutions and implementing resolution strategies to maximize recoveries and optimize the value of such assets. The Company received its certificate of registration from the Reserve Bank of India (RBI) to commence securitisation and asset reconstruction operations in August 2003 and is recognised as the first ARC incorporated in India.
The Company operates across three key business verticals—Corporate Loans, SME and Other Loans, and Retail Loans. It acquires single-credit and portfolio-based stressed secured and unsecured assets and deploys various resolution, restructuring, enforcement, settlement and collection strategies based on the nature of the underlying assets. Its operations generate revenue through fee income and investment income.
The Company has established relationships with a wide range of banks, financial institutions, NBFCs and housing finance companies, supporting its stressed asset acquisition business. It has also focused on expanding its presence in the retail loan segment and uses legal mechanisms, collection infrastructure and data analytics to support asset resolution and recovery.
As of March 31, 2026, the Company operated through 13 offices across 12 states, including Delhi, and had 206 permanent employees. Its operations are supported by registered valuers, collection agents and empanelled lawyers, providing capabilities across acquisition, valuation, resolution and collections.
- Established nationwide operational network.
- Growing focus on the retail stressed assets segment.
- Strong relationships with banks and financial institutions.
- Track record of consistent financial and operational performance.
- India's first ARC with one of the largest assets under management.
- Expertise in acquiring stressed assets with increasing investment in security receipts.
- Ability to implement diverse resolution strategies and a robust collections framework.
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 4,460.85 | 3,263.82 | 2,795.34 |
| Total Income | 785.08 | 623.40 | 574.11 |
| Profit After Tax | 407.84 | 355.32 | 305.34 |
| EBITDA | 588.93 | 491.88 | 416.36 |
| NET Worth | 3,079.39 | 2,767.80 | 2,462.51 |
| Reserves and Surplus | 2,751.18 | 2,439.19 | 2,135.20 |
| Total Borrowing | 1,205.50 | 305.93 | 149.95 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| Debt/Equity | 0.39 | 0.11 |
| RoNW | 13.95% | 13.59% |
| PAT Margin | 51.95% | 57.00% |
| EBITDA Margin | 78.21% | 82.47% |
| NAV | 94.78 | 81.97 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
12.55
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 89.68% | 78.67% |
| Public | 10.32% | 21.33% |
| Total | 100% | 100% |
Objects of the issue
- Debt/Equity — 0.39
- RoNW — 13.95%
- PAT Margin — 51.95%
- EBITDA Margin — 78.21%
- NAV — 94.78
Intermediaries
Registrar
MUFG Intime India Pvt.Ltd.
Lead manager(s)
IIFL Capital Services Ltd., IDBI Capital Markets & Securities Ltd., JM Financial Ltd.
FAQs
How to apply in Asset Reconstruction IPO through Zerodha?+
Zerodha customers can apply online in Asset Reconstruction IPO using UPI as a payment gateway. Zerodha customers can apply in Asset Reconstruction IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Asset Reconstruction IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Asset Reconstruction IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Asset Reconstruction IPO will open?+
The Asset Reconstruction IPO opens on Wed, Sep 9, 2026 and closes on Fri, Sep 11, 2026.
What is the lot size of Asset Reconstruction IPO?+
Asset Reconstruction IPO lot size and the minimum order quantity is not available at this time. Please check again later.
How to apply for Asset Reconstruction IPO?+
You can apply in Asset Reconstruction IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Asset Reconstruction IPO allotment?+
The finalization of Basis of Allotment for Asset Reconstruction IPO will be done on Tuesday, September 15, 2026 , and the allotted shares will be credited to your demat account by Wed, Sep 16, 2026 . Check the Asset Reconstruction IPO allotment status .
When is Asset Reconstruction IPO listing date ?+
The Asset Reconstruction IPO listing date is not yet announced. The tentative date of listing is Thu, Sep 17, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.