GMP IPO Watch
Asset Reconstruction Co. (India) IPO
Asset Reconstruction Co. (India) IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Asset Reconstruction Co. (India) IPO Details
Key facts at a glance| IPO Open Date | 8 September 2026 | IPO Close Date | 10 September 2026 |
|---|---|---|---|
| Basis of Allotment | 14 September 2026 | Listing Date | 16 September 2026 |
| Price Band | ₹132 - ₹139 per share | Face Value | ₹10 per share |
| Market Lot Size | 107 Shares | Min Investment (Retail) | ₹14,873 |
| Total Issue Size | ₹732.97 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | ₹732.97 Cr |
| Listing At | BSE, NSE | Issue Category | Mainboard Issue |
| Registrar | MUFG Intime India Pvt. Ltd. | ||
Asset Reconstruction Co. (India) IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 8 September 2026 | Confirmed |
| IPO Close Date | 10 September 2026 | Confirmed |
| Basis of Allotment | 14 September 2026 | Tentative |
| Initiation of Refunds | 16 September 2026 | Tentative |
| Credit of Shares to Demat | 16 September 2026 | Tentative |
| IPO Listing Date | 16 September 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 11 September 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Asset Reconstruction Co. (India) IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 107 Shares | ₹14,873 |
| Retail (Max) | 13 Lots | 1,391 Shares | ₹1,93,349 |
| S-HNI (Min) | 14 Lots | 1,498 Shares | ₹2,08,222 |
| S-HNI (Max) | 67 Lots | 7,169 Shares | ₹9,96,491 |
| B-HNI (Min) | 68 Lots | 7,276 Shares | ₹10,11,364 |
Asset Reconstruction Co. (India) IPO Live GMP & Movement History
Daily unofficial grey market trends₹12 +8.6%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 17 Sept 2026 | ₹12 | ₹151.00 | +8.63% |
| 16 Sept 2026 | ₹15 | ₹154.00 | +10.79% |
| 11 Sept 2026 | ₹14 | ₹153.00 | +10.07% |
| 10 Sept 2026 | ₹24 | ₹163.00 | +17.27% |
| 9 Sept 2026 | ₹27 | ₹166.00 | +19.42% |
| 8 Sept 2026 | ₹27 | ₹166.00 | +19.42% |
| 7 Sept 2026 | ₹0 | ₹139.00 | 0.00% |
| 6 Sept 2026 | ₹0 | ₹139.00 | 0.00% |
Asset Reconstruction Co. (India) IPO Subscription Status
Demand breakdown by investor categoryAsset Reconstruction Co. (India) Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2024 | 3656.69 Cr. | 609.49 Cr. | 194.75 Cr. | 310.89 Cr. |
| 2025 | 4395.99 Cr. | 607.84 Cr. | 176.68 Cr. | 309.24 Cr. |
| 2026 | 5726.40 Cr. | 749.92 Cr. | 285.34 Cr. | 322.69 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
Asset Reconstruction Co. (India) IPO Valuation & KPIs
Key metrics pre-issueAbout Asset Reconstruction Co. (India)
Asset Reconstruction Company (India) acquires and securitizes stressed corporate, SME, and retail loans from financial institutions. It maximizes recovery using IBC mechanisms, mutual settlements, and SARFAESI Act asset sales. Backed by data analytics and structured credit frameworks, the company generates revenue through management and trusteeship fees based on assets under management, alongside investment income from trust-issued security receipts.
Key Strengths
- Expertise in acquiring stressed assets and investing in security receipts.
- Uses structured data consolidation and credit assessment for acquisitions.
- Leverages data analytics and scorecards for risk and recovery prediction.
- Employs multiple IBC and SARFAESI Act resolution strategies.
- Strong strategic partnerships with banks, NBFCs, and fintech platforms.
Key Risks
- Revenues heavily depend on the value and composition of managed assets.
- Failure to timely recover outstanding stressed asset amounts impacts cash flows.
- Non-compliance with RBI inspection observations exposes the company to penalties.
- Inability to acquire sufficient stressed assets at appropriate prices limits growth.
- High reliance on third-party collection agents exposes the company to fraud risks.
Asset Reconstruction Co. (India) IPO Reservation & Share Quotas
The Asset Reconstruction IPO reservation is divided among qualified institutional buyers, non-institutional investors and retail investors. QIB investors are reserved 50% of the shares offered, while NII investors have a 15% allocation and retail investors have a 35% allocation. The anchor investor share count is currently shown as not specified.
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Note: Reservation percentages are based on the Asset Reconstruction IPO information provided and may be updated in the final issue allocation.
Asset Reconstruction Co. (India) IPO Anchor Investors
The Asset Reconstruction IPO anchor bidding is scheduled for September 8, 2026, ahead of the public subscription period. Anchor investors participate before the issue opens to other investors, with the final allocation and anchor size disclosed as part of the IPO process. The shares offered and anchor size are currently shown as not specified in the provided details.
| Particular | Details |
|---|---|
| Anchor Bidding Date | September 8, 2026 |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date 50% Shares (90 Days) | 2026 |
Note: Anchor allocation figures and lock-in dates are based on the Asset Reconstruction IPO information provided and may be updated after the final anchor investor allocation announcement.
Asset Reconstruction Co. (India) IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 09 Sept 2026 |
| IPO Close Date | 11 Sept 2026 |
| Basis of Allotment | 15 Sept 2026 |
| Refunds | 16 Sept 2026 |
| Credit to Demat Account | 16 Sept 2026 |
| IPO Listing Date | 17 Sept 2026 |
Note: The timeline for ਸੰਪਤੀ ਪੁਨਰ ਨਿਰਮਾਣ ਕੰਪਨੀ (ਭਾਰਤ) IPO is tentative and subject to change.
Asset Reconstruction Co. (India) Promoters and Shareholding Pattern
The promoters of Asset Reconstruction are Avenue India Resurgence Pte. Ltd. and State Bank of India. Before the IPO, the promoter and promoter group held 89.68% of the company's share capital. Following the IPO, their holding is expected to reduce to 73.45%, while the holding of other shareholders will increase to 26.55%.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 291,383,245 | 89.68% | 238651299 | 73.45% |
| Others* | 33,513,895 | 10.32% | 86,245,841 | 26.55% |
| Total | 32,48,97,140 | 100% | 32,48,97,140 | 100% |
Note: The holding pattern is based on the Asset Reconstruction IPO details provided. “Others*” represents shareholders outside the promoter and promoter group.
Asset Reconstruction Co. (India) Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Asset Reconstruction Co. (India) About the IPO
Asset Reconstruction Company (India) Limited, incorporated in February 2002, is a company that helps banks and financial institutions recover money from bad or stressed loans. It buys these troubled loans from banks and other financial institutions and then tries to recover the money through methods such as restructuring, settlement, legal action, enforcement of assets, and collections. The company received approval from the Reserve Bank of India (RBI) in August 2003 to start its asset reconstruction business and is recognised as the first Asset Reconstruction Company (ARC) incorporated in India.
Its business is mainly divided into three areas: corporate loans, SME and other loans, and retail loans. It works with banks, financial institutions, NBFCs and housing finance companies to acquire stressed loans and has also been expanding its retail loan business. The company earns income mainly through fees and investments and uses lawyers, collection agents, valuers and data analytics to support loan recovery.
Asset Reconstruction Co. (India) Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 609.49 Cr. | 194.75 Cr. | 310.89 Cr. | 3656.69 Cr. |
| 2025 | 607.84 Cr. | 176.68 Cr. | 309.24 Cr. | 4395.99 Cr. |
| 2026 | 749.92 Cr. | 285.34 Cr. | 322.69 Cr. | 5726.40 Cr. |
Note: Financial numbers for ਸੰਪਤੀ ਪੁਨਰ ਨਿਰਮਾਣ ਕੰਪਨੀ (ਭਾਰਤ) are in ₹ Crores unless stated otherwise.
Asset Reconstruction Co. (India) Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | 12.52% |
| ROCE | [.]% |
| EBITDA Margin | 69.81% |
| PAT Margin | 46.90 |
| Debt to Equity Ratio | 0.34 |
| Earning Per Share (EPS) | 10.82 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 12.52% |
| Net Asset Value (NAV) | 90.96 |
Note: Valuation KPIs for ਸੰਪਤੀ ਪੁਨਰ ਨਿਰਮਾਣ ਕੰਪਨੀ (ਭਾਰਤ) are computed for FY2026.
Asset Reconstruction Co. (India) Peer Group Comparison
To Be Updated Soon
Asset Reconstruction Co. (India) Lead Managers & Merchant Bankers
- IIFL Capital Services Ltd.
- IDBI Capital Markets & Securities Ltd.
- JM Financial Ltd.
Asset Reconstruction Co. (India) IPO FAQs
Asset Reconstruction Co. (India) IPO opens for subscription on 8 September 2026 and closes on 10 September 2026.
The price band for Asset Reconstruction Co. (India) IPO is set at ₹132.00 to ₹139.00 per share.
The minimum market lot size is 107 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 107 Shares (₹14,873).
The latest Grey Market Premium (GMP) for Asset Reconstruction Co. (India) IPO is ₹12. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Asset Reconstruction Co. (India) IPO is tentatively scheduled for 14 September 2026, and shares are expected to list on the stock exchanges on 16 September 2026.
MUFG Intime India Pvt. Ltd. is the official registrar for Asset Reconstruction Co. (India) IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.