Asset Reconstruction Company (India) Limited, popularly known as Arcil, is an asset reconstruction company engaged in acquiring stressed assets from banks and financial institutions and implementing resolution strategies to recover and maximise the value of those assets. The company was incorporated in 2002 and received its Reserve Bank of India registration in 2003 to undertake securitisation and asset reconstruction activities. It is recognised as India’s first asset reconstruction company.
Asset Reconstruction Company IPO is a Mainboard Book Built issue comprising entirely an Offer for Sale of up to 5,27,31,946 existing equity shares. There is no fresh issue, meaning the company will not receive any proceeds from the IPO. The selling shareholders include Avenue India Resurgence Pte. Ltd., State Bank of India, Lathe Investment Pte. Ltd. and The Federal Bank Limited.
The IPO price band has been fixed at ₹132 to ₹139 per equity share of face value ₹10. At the upper price band, the total offer size is approximately ₹732.97 crore, while at the lower price band it is approximately ₹696.06 crore. The IPO is scheduled to open on September 9, 2026 and close on September 11, 2026.
Arcil operates across corporate, retail and SME stressed assets. As of March 31, 2026, its assets under management stood at approximately ₹20,150 crore. The company had 13 offices across 12 states, 206 employees, 218 registered valuers and 206 collection agencies.
The company has developed experience in acquiring stressed financial assets and implementing recovery strategies through restructuring, enforcement of security interests, settlements, collections and other resolution mechanisms. Its business performance is therefore influenced by the quality of assets acquired, recovery rates, resolution timelines, regulatory developments and the overall stressed-asset market.
Table of Contents
Asset Reconstruction Company IPO Details Information
| IPO Details | Information |
|---|---|
| IPO Name | Asset Reconstruction Company IPO |
| Company Name | Asset Reconstruction Company (India) Limited |
| Brand Name | Arcil |
| IPO Type | Book Built Issue |
| IPO Category | Mainboard IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹132 to ₹139 Per Share |
| Issue Size | Up to ₹732.97 Crore |
| Fresh Issue | Nil |
| Offer for Sale | 5,27,31,946 Equity Shares |
| IPO Open Date | 9 September 2026 |
| IPO Close Date | 11 September 2026 |
| Anchor Investor Bidding | 8 September 2026 |
| Basis of Allotment | 15 September 2026 |
| Refund Initiation | 16 September 2026 |
| Shares Credited to Demat Account | 16 September 2026 |
| Listing Date | 17 September 2026 |
| Listing Exchange | BSE & NSE |
| Lot Size | 107 Equity Shares |
| Registrar | MUFG Intime India Private Limited |
| Book Running Lead Managers | IIFL Capital Services Limited, IDBI Capital Markets & Securities Limited and JM Financial Limited |
The Asset Reconstruction Company IPO is completely an Offer for Sale. Up to 5,27,31,946 existing equity shares are being offered by the selling shareholders. Since there is no fresh issue, the proceeds of the IPO will go to the selling shareholders and the company will not receive IPO funds for business expansion or debt repayment.
Asset Reconstruction Company IPO Dates
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | 8 September 2026 |
| IPO Opening Date | 9 September 2026 |
| IPO Closing Date | 11 September 2026 |
| Basis of Allotment | 15 September 2026 |
| Refund Initiation | 16 September 2026 |
| Shares Credited to Demat Account | 16 September 2026 |
| Listing Date | 17 September 2026 |
The Asset Reconstruction Company IPO is scheduled to open on September 9, 2026 and close on September 11, 2026. The basis of allotment is scheduled for September 15, followed by refund initiation and demat credit on September 16. The shares are scheduled to be listed on September 17, 2026.
Asset Reconstruction Company IPO Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not More Than 50% |
| Non-Institutional Investors (NII) | Not Less Than 15% |
| Retail Individual Investors (RII) | Not Less Than 35% |
The IPO allocation provides for not more than 50% of the offer to Qualified Institutional Buyers, not less than 15% to Non-Institutional Investors and not less than 35% to Retail Individual Investors. The final allocation will depend on valid bids received during the issue.
Asset Reconstruction Company IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 107 Shares | ₹14,873 |
| Retail Maximum | 13 Lots | 1,391 Shares | ₹1,93,349 |
| S-HNI Minimum | 14 Lots | 1,498 Shares | ₹2,08,222 |
| S-HNI Maximum | 67 Lots | 7,169 Shares | ₹9,96,491 |
| B-HNI Minimum | 68 Lots | 7,276 Shares | ₹10,11,364 |
The minimum application lot is 107 equity shares. At the upper price band of ₹139, one retail lot requires an application amount of ₹14,873. Retail investors can apply for up to 13 lots, equivalent to 1,391 shares and an application value of ₹1,93,349 at the upper price band.
About Asset Reconstruction Company (India) Limited
Asset Reconstruction Company (India) Limited is an asset reconstruction company operating across India. The company acquires stressed and distressed financial assets from banks and financial institutions and works to maximise their recovery and value through various resolution strategies.
The company was incorporated in 2002 and received its RBI registration in 2003. It was the first asset reconstruction company incorporated in India and has more than two decades of experience in the asset reconstruction industry.
Arcil works with financial institutions to acquire stressed assets and subsequently manages the resolution process. Its activities can involve restructuring, enforcement of security interests, settlement, collection and participation in insolvency and other legal or regulatory resolution processes.
As of March 31, 2026, the company’s AUM was approximately ₹20,150 crore. Its AUM had increased from approximately ₹16,853 crore in FY2025, reflecting continued expansion in its asset reconstruction portfolio.
The company operates through a nationwide network and has developed relationships with banks, financial institutions, valuers, collection agencies, legal professionals and other participants involved in stressed-asset resolution.
Business Operations
Asset Reconstruction Company (India) Limited’s core business involves acquiring stressed financial assets and implementing strategies to recover value from those assets.
• Asset Acquisition – The company acquires stressed assets primarily from banks and financial institutions through different acquisition structures.
• Asset Resolution – After acquiring stressed assets, Arcil implements resolution strategies intended to maximise recovery and value.
• Restructuring – The company may restructure stressed exposures depending on the circumstances of the borrower and the underlying asset.
• Enforcement of Security Interests – The company can pursue enforcement mechanisms relating to security interests attached to acquired assets.
• Settlements and Collections – Negotiated settlements and collection strategies form part of the company’s recovery process.
• Security Receipts – Arcil operates through trusts and security-receipt structures associated with asset acquisitions and resolution.
• Insolvency Resolution – The company has participated in resolution processes under the Insolvency and Bankruptcy Code, including as a resolution applicant in selected cases.
The company’s business covers corporate, retail, SME and other stressed financial assets. As of March 31, 2026, corporate assets represented approximately 68.75% of AUM, while retail assets accounted for approximately 23.55% and SME and other assets approximately 7.70%.
Industry Overview
Asset reconstruction companies play an important role in India’s financial system by helping banks and financial institutions resolve stressed and distressed assets. The asset reconstruction framework allows specialised entities to acquire stressed assets and implement recovery and resolution strategies.
The growth of India’s banking and lending ecosystem, combined with periodic cycles of corporate and retail stress, creates opportunities for asset reconstruction companies. Increasing regulatory focus on recognition and resolution of stressed assets can also support demand for specialised recovery platforms.
The asset reconstruction industry, however, is highly dependent on the quality of assets acquired and the effectiveness of recovery strategies. Resolution can involve legal proceedings, insolvency processes, restructuring negotiations, enforcement of security interests and disposal of collateral, all of which can affect the timing and amount of recoveries.
Competition is also present from other asset reconstruction companies and other mechanisms for resolving stressed assets. Changes in RBI regulations, insolvency laws, security-receipt rules, capital requirements and recovery procedures may influence the operating environment for ARCs.
Arcil has an established position in the sector and significant AUM, but future performance will continue to depend on successful asset acquisitions, recovery outcomes, resolution timelines and regulatory conditions.
Business Strategy
Asset Reconstruction Company (India) Limited focuses on acquiring stressed assets and implementing resolution strategies to maximise recovery and value.
The company seeks to leverage its experience in stressed-asset underwriting, valuation, borrower-level analysis, recovery management and resolution processes. Its nationwide network of collection agencies, registered valuers and other professionals supports the company’s asset-resolution activities.
Arcil has also increased its focus on retail stressed assets while maintaining a significant corporate-asset portfolio. Its AUM mix includes corporate, retail and SME/other assets, providing exposure to multiple stressed-asset categories.
The company has also participated in structured acquisition transactions. Structured acquisitions accounted for approximately 86.52% of total acquisitions in FY2026, according to RHP-based disclosures.
The company’s long-term strategy depends on maintaining access to attractive stressed-asset opportunities, pricing acquisitions appropriately, improving recovery outcomes and managing capital efficiently while complying with the regulatory framework applicable to asset reconstruction companies.
Asset Reconstruction Company IPO Financial Information
Financial performance is an important consideration for evaluating an asset reconstruction company because profitability can be affected by asset acquisitions, recoveries, management fees, investment income, fair-value changes and write-offs.
Asset Reconstruction Company Financial Summary
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue from Operations | ₹570.14 Crore | ₹596.42 Crore | ₹753.04 Crore |
| Total Income | ₹574.11 Crore | ₹623.40 Crore | ₹785.08 Crore |
| EBITDA | ₹416.36 Crore | ₹491.88 Crore | ₹588.93 Crore |
| Profit After Tax (PAT) | ₹305.34 Crore | ₹355.32 Crore | ₹407.84 Crore |
| Net Worth | ₹2,462.51 Crore | ₹2,767.80 Crore | ₹3,079.39 Crore |
| Total Assets | ₹2,795.34 Crore | ₹3,263.82 Crore | ₹4,460.85 Crore |
| Total Borrowings | ₹149.95 Crore | ₹305.93 Crore | ₹1,205.50 Crore |
The company’s revenue from operations increased from ₹570.14 crore in FY2024 to ₹753.04 crore in FY2026. PAT increased from ₹305.34 crore in FY2024 to ₹407.84 crore in FY2026. EBITDA also increased from ₹416.36 crore to ₹588.93 crore over the same period.
Net worth increased from ₹2,462.51 crore in FY2024 to ₹3,079.39 crore in FY2026. Total assets increased substantially to ₹4,460.85 crore in FY2026. At the same time, total borrowings increased to ₹1,205.50 crore in FY2026 from ₹305.93 crore in FY2025, making leverage an important factor to monitor.
Asset Reconstruction Company IPO Key Performance Indicators (KPIs)
| KPI | FY2026 Value |
|---|---|
| EBITDA Margin | 78.21% |
| PAT Margin | 51.95% |
| Return on Net Worth (RoNW) | 13.95% |
| Debt/Equity Ratio | 0.39x |
| NAV Per Share | ₹94.78 |
| AUM | ₹20,150 Crore |
| AUM Growth | 19.56% |
The company reported a strong EBITDA margin of approximately 78.21% and PAT margin of approximately 51.95% for FY2026. Its debt-to-equity ratio stood at approximately 0.39x, while return on net worth was approximately 13.95%.
AUM increased to approximately ₹20,150 crore in FY2026, representing growth of approximately 19.56% over FY2025. The company’s scale of AUM is a significant indicator of its position in India’s asset reconstruction market.
However, the reported profitability of an ARC should be analysed carefully because earnings can be influenced by fair-value changes, investment income, recoveries, security-receipt write-offs and other factors in addition to recurring operating income.
Objects of the Asset Reconstruction Company IPO
The Asset Reconstruction Company IPO is entirely an Offer for Sale.
• The company is not issuing any new equity shares as part of the IPO.
• The IPO proceeds will be received by the existing selling shareholders.
• The company will not receive funds from the Offer for Sale.
• The stated objective of the public offering is to achieve the benefits of listing the equity shares on the stock exchanges.
Because there is no fresh issue, the IPO proceeds cannot be used by Arcil for expansion, repayment of borrowings, acquisitions or general corporate purposes. The transaction primarily provides an exit or partial liquidity opportunity to the existing selling shareholders while enabling the company to obtain a public listing.
Asset Reconstruction Company IPO Listing Performance
The listing performance will be updated after the equity shares begin trading on the stock exchanges.
| Particular | Value |
|---|---|
| Listing Exchange | BSE & NSE |
| Listing Date | 17 September 2026 |
| Issue Price | ₹132 to ₹139 Per Share |
| Final Issue Price | To be updated |
| Listing Price | To be updated |
| Listing Gain | To be updated |
| Listing Gain (%) | To be updated |
As of September 4, 2026, the IPO has not yet been listed. Therefore, the actual listing price and listing gain cannot be stated. The proposed listing date is September 17, 2026.
Asset Reconstruction Company IPO Subscription Status
The subscription figures will be updated after the IPO opens for bidding.
Asset Reconstruction Company IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | To be updated |
| Non-Institutional Investors (NII) | To be updated |
| Retail Individual Investors (RII) | To be updated |
| Total Subscription | To be updated |
The IPO is scheduled to open on September 9, 2026 and close on September 11, 2026. Therefore, live category-wise subscription figures are not available as of September 4, 2026.
Asset Reconstruction Company IPO Review
Asset Reconstruction Company (India) Limited operates in a specialised segment of India’s financial-services industry. The company acquires stressed assets from banks and financial institutions and seeks to recover value through restructuring, settlements, enforcement, collections and other resolution strategies.
One of the company’s important advantages is its long operating history. Arcil was incorporated in 2002 and received RBI registration in 2003, giving it more than two decades of experience in asset reconstruction.
The company’s AUM stood at approximately ₹20,150 crore as of March 31, 2026. Corporate assets formed the largest part of the portfolio, while retail and SME/other assets provided additional diversification.
Financial performance has also remained profitable. Revenue from operations increased from ₹570.14 crore in FY2024 to ₹753.04 crore in FY2026, while PAT increased from ₹305.34 crore to ₹407.84 crore. EBITDA increased from ₹416.36 crore to ₹588.93 crore over the same period.
The company’s AUM growth is another positive factor. AUM increased by approximately 19.56% in FY2026 to ₹20,150 crore. The company’s experience in stressed-asset acquisition and resolution, along with its nationwide recovery network, can support future business opportunities.
However, investors should carefully examine the nature of ARC earnings. The business is affected by recovery timelines, asset valuation, security-receipt performance, fair-value changes and write-offs. The RHP-based risk disclosures highlight increasing security-receipt write-offs, declining capital adequacy, rising leverage, dependence on unrealised fair-value gains and relatively low security-receipt redemption.
The IPO’s 100% OFS structure is another important consideration. Since there is no fresh issue, Arcil itself will not receive any IPO proceeds. Investors are therefore buying shares in an existing business without the transaction providing fresh capital for the company’s expansion or balance-sheet strengthening.
Overall, the Asset Reconstruction Company IPO provides exposure to a specialised financial-services business with substantial AUM, a long operating track record and strong reported profitability. At the same time, investors should carefully assess the quality of the company’s stressed-asset portfolio, recovery performance, security-receipt redemptions, leverage, regulatory environment, fair-value dependence and IPO valuation before making an investment decision.
Asset Reconstruction Company IPO Strengths
• India’s first asset reconstruction company, with more than two decades of industry experience.
• RBI registration for undertaking securitisation and asset reconstruction activities since 2003.
• Significant AUM of approximately ₹20,150 crore as of March 31, 2026.
• Diversified exposure across corporate, retail, SME and other stressed assets.
• Established nationwide operating network across 12 states.
• Experience in acquiring and resolving stressed assets through multiple resolution strategies.
• Strong financial performance, with FY2026 PAT of ₹407.84 crore.
• FY2026 revenue from operations increased to ₹753.04 crore.
• Strong reported EBITDA margin of approximately 78.21% in FY2026.
• AUM increased approximately 19.56% during FY2026.
• Established relationships with banks and financial institutions that provide access to stressed-asset opportunities.
Asset Reconstruction Company IPO Risk Factors
• The company’s performance depends significantly on the quality of stressed assets acquired and the success of its recovery and resolution strategies.
• Resolution of stressed assets can take significant time because cases may involve restructuring, enforcement, insolvency proceedings, litigation and settlement negotiations.
• Security-receipt write-offs increased to ₹86.81 crore in FY2026 from ₹36.71 crore in FY2025 and ₹49.26 crore in FY2024 on a standalone basis.
• Standalone capital adequacy ratio declined from 98.14% in FY2024 to 65.31% in FY2026.
• Debt-to-equity ratio increased from 0.06x in FY2024 to 0.39x in FY2026 on a standalone basis.
• Net gains on fair-value changes formed a significant component of FY2026 profitability, creating sensitivity to valuation movements.
• The cumulative security-receipt redemption ratio stood at approximately 50.78% in FY2026, indicating that a significant portion of issued security receipts remained unredeemed.
• Structured acquisitions represented approximately 86.52% of total acquisitions in FY2026, creating concentration in this acquisition structure.
• Finance costs increased substantially in FY2026.
• The company’s corporate portfolio represents a significant proportion of total AUM, creating exposure to corporate stressed-asset recoveries.
• Asset reconstruction companies operate within a highly regulated environment, and changes in RBI rules, insolvency regulations, capital requirements or security-receipt regulations could affect operations.
• Competition from other asset reconstruction companies and alternative stressed-asset resolution mechanisms may affect acquisition opportunities and pricing.
• The IPO is entirely an OFS, so the company will not receive any proceeds from the issue.
Asset Reconstruction Company IPO Promoters
The promoters of Asset Reconstruction Company (India) Limited are Avenue India Resurgence Pte. Ltd. and State Bank of India.
Avenue India Resurgence Pte. Ltd. and State Bank of India are also promoter selling shareholders in the IPO. The current offer additionally includes Lathe Investment Pte. Ltd. and The Federal Bank Limited as selling shareholders.
Asset Reconstruction Company IPO Promoters Details
| Promoter / Selling Shareholder | Status |
|---|---|
| Avenue India Resurgence Pte. Ltd. | Promoter and Selling Shareholder |
| State Bank of India | Promoter and Selling Shareholder |
| Lathe Investment Pte. Ltd. | Investor Selling Shareholder |
| The Federal Bank Limited | Other Selling Shareholder |
Under the current offer, Avenue India Resurgence Pte. Ltd. is offering up to 2,48,23,910 equity shares, while State Bank of India is offering up to 1,09,63,062 equity shares. Lathe Investment Pte. Ltd. is offering up to 1,62,44,858 equity shares, with the balance offered by The Federal Bank Limited.
Asset Reconstruction Company IPO Management Team
The company has an experienced management and board comprising executive, non-executive and independent directors.
| Name | Designation |
|---|---|
| Narayanan Subramaniam | Chairman & Non-Executive Director |
| Phanindranath Kakarla | Managing Director & CEO |
| Ashish Shukla | Non-Executive Director |
| Sudarshan Sen | Non-Executive Director |
| Balachander Rajaram | Independent Non-Executive Director |
| Prasad Parameswaranpillai Naga | Independent Non-Executive Director |
| Raksha Shashikant Kothari | Independent Non-Executive Director |
| Pramod Kumar Gupta | Chief Financial Officer |
| Ameet Ashok Kela | Company Secretary & Compliance Officer |
The management team combines experience across asset reconstruction, financial services, banking, compliance and corporate administration.
Asset Reconstruction Company IPO Registrar Details
The registrar to the Asset Reconstruction Company IPO is MUFG Intime India Private Limited.
| Particular | Details |
|---|---|
| Registrar Name | MUFG Intime India Private Limited |
| Website | https://in.mpms.mufg.com/ |
| IPO Allotment Status | MUFG Intime India IPO Allotment Portal |
| Contact Number | +91 22 4918 6000 |
| Email ID | [email protected] |
MUFG Intime India Private Limited is responsible for processing IPO applications and supporting allotment, refund and investor-service activities relating to the issue.
Asset Reconstruction Company IPO Lead Manager Details
The Book Running Lead Managers for the Asset Reconstruction Company IPO are:
| Particular | Details |
|---|---|
| Lead Manager 1 | IIFL Capital Services Limited |
| Lead Manager 2 | IDBI Capital Markets & Securities Limited |
| Lead Manager 3 | JM Financial Limited |
The three merchant bankers are responsible for managing the public issue process in accordance with the applicable IPO and securities-market regulations.
Asset Reconstruction Company Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Asset Reconstruction Company (India) Limited |
| Registered & Corporate Office | The Ruby, 10th Floor, 29 Senapati Bapat Marg, Dadar (West), Mumbai – 400028, Maharashtra, India |
| Website | https://www.arcil.co.in/ |
| Email ID | [email protected] |
| Telephone | +91 22 66581300 |
The company’s registered and corporate office is located at The Ruby, 10th Floor, 29 Senapati Bapat Marg, Dadar (West), Mumbai – 400028, Maharashtra.
How to Check Asset Reconstruction Company IPO Allotment Status
Investors can check the Asset Reconstruction Company IPO allotment status after the basis of allotment is finalised through the registrar’s website or the relevant stock-exchange facility.
Through MUFG Intime India Private Limited
- Visit the official MUFG Intime India IPO allotment portal.
- Select Asset Reconstruction Company IPO from the available issue list.
- Select the appropriate search option, such as PAN Number, Application Number or DP/Client ID.
- Enter the required details.
- Complete the verification process, if applicable.
- Submit the information to view the IPO allotment status.
Through BSE
- Visit the BSE IPO allotment facility.
- Select Asset Reconstruction Company IPO from the available issue list.
- Enter your PAN Number or Application Number.
- Complete the required verification.
- Submit the details to view the allotment result.
The basis of allotment is scheduled for September 15, 2026. Refund initiation and demat credit are scheduled for September 16, while the proposed listing date is September 17, 2026.
Asset Reconstruction Company IPO Conclusion
Asset Reconstruction Company IPO provides investors with an opportunity to participate in the public listing of one of India’s established asset reconstruction companies. Arcil has operated in the stressed-asset resolution industry for more than two decades and has developed experience in acquiring and resolving financial assets from banks and financial institutions.
The company had AUM of approximately ₹20,150 crore as of March 31, 2026 and operates across corporate, retail, SME and other stressed-asset categories. Its established recovery network and experience in multiple resolution strategies provide a foundation for its business model.
Financial performance has also remained strong, with FY2026 revenue from operations of ₹753.04 crore and PAT of ₹407.84 crore. EBITDA stood at ₹588.93 crore, while net worth increased to ₹3,079.39 crore.
However, the IPO is entirely an Offer for Sale, meaning the company will not receive any IPO proceeds. Investors should also examine the company’s exposure to fair-value movements, security-receipt write-offs, recovery timelines, leverage, capital adequacy, regulatory changes and competition in the asset reconstruction sector.
At the price band of ₹132 to ₹139, the IPO offers exposure to a specialised financial-services business with substantial AUM and a long operating history. Investors should independently evaluate the valuation, financial performance, business risks and complete RHP before deciding whether the Asset Reconstruction Company IPO is suitable for their investment objectives.
Asset Reconstruction Company IPO FAQs
What is Asset Reconstruction Company IPO?
Asset Reconstruction Company IPO is the Mainboard Book Built public issue of Asset Reconstruction Company (India) Limited. The IPO comprises an Offer for Sale of up to 5,27,31,946 equity shares and does not contain any fresh issue.
What is the price band of Asset Reconstruction Company IPO?
The price band of Asset Reconstruction Company IPO is ₹132 to ₹139 per equity share.
What is the issue size of Asset Reconstruction Company IPO?
The issue size is up to ₹732.97 crore at the upper price band. The IPO comprises an Offer for Sale of up to 5,27,31,946 equity shares.
When will Asset Reconstruction Company IPO open?
The Asset Reconstruction Company IPO is scheduled to open for subscription on September 9, 2026.
When will Asset Reconstruction Company IPO close?
The IPO is scheduled to close on September 11, 2026.
What is the lot size of Asset Reconstruction Company IPO?
The minimum lot size is 107 equity shares. At the upper price band of ₹139, the minimum retail application amount is ₹14,873.
On which stock exchanges will Asset Reconstruction Company shares be listed?
The equity shares are proposed to be listed on both BSE and NSE, with the listing scheduled for September 17, 2026.
Who are the promoters of Asset Reconstruction Company?
The promoters are Avenue India Resurgence Pte. Ltd. and State Bank of India. Both are also selling shareholders in the current IPO.
Who is the registrar for Asset Reconstruction Company IPO?
MUFG Intime India Private Limited is the registrar to the Asset Reconstruction Company IPO.
What is the objective of Asset Reconstruction Company IPO?
The IPO is entirely an Offer for Sale and has no fresh issue. Therefore, the company will not receive any proceeds from the IPO. The offering primarily provides an opportunity for existing shareholders to sell their shares and enables the company to obtain the benefits of a public listing.

