Asset Reconstruction IPO
Finance • ₹732.97 Cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- Intense competition in the company’s core market
- ARCIL’s revenue is significantly dependent on its AUM. Its AUM stood at Rs 20,149.99 crore…
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹139
Lot Size
107 shares
Issue Size
₹732.97 Cr
Open
09 Sept 2026
Close
11 Sept 2026
Subscription
9.83×
IPO Schedule
| Issue Open Date | 09 Sept 2026 |
| Issue Close Date | 11 Sept 2026 |
| Listing Date | 16 Sept 2026 |
About Asset Reconstruction
Asset Reconstruction Company (India) Limited (ARCIL) is an asset reconstruction company engaged in acquiring stressed assets from banks and financial institutions and resolving them through restructuring, settlements, enforcement of security interests, and other recovery mechanisms. It operates across three business verticals – Corporate loans, SME and Other loans, and Retail loans. It acquires both single-credit and portfolios of secured and unsecured stressed assets. The company generates fee and investment income through various acquisition structures, including cash acquisitions, co-investor acquisitions, ordinary security receipt acquisitions, and structured acquisitions.
Company Details
Founders / Promoters
Mr Phanindranath Kakarla
Founded
2002
Registrar
MUFG Intime India Pvt Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Asset Reconstruction — IPOFins Verdict
QuantitativeDriven by QIB demand at 27.9x and moderate disclosed risk (4/10). The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
- ARCIL was the first ARC to be incorporated in India and has an established track record of over two decades in the asset reconstruction industry. Its AUM stood at Rs 20,149.99 crore, Rs 16,852.57 cror
- The company maintains a strong market position and financial performance among leading ARCs in India. In FY25, it was the second most profitable private ARC with a PAT of Rs 355.32 crore and had the h
- ARCIL claims to have developed expertise in acquiring stressed assets, supported by a structured credit assessment and risk management framework. The total outstanding amount of stressed assets acquir
- The company has a diversified portfolio across corporate, SME and other, and retail loans. AUM from corporate loans, SME and other loans, and retail loans stood at Rs 13,852.76 crore, Rs 1,552.46 cror
- ARCIL has access to a diversified base of sellers of stressed assets. Since inception, it has worked with 32 private sector banks, two co-operative banks, 28 public sector banks, 51 NBFCs, 18 housing
Score breakdown — what drove this verdict
Moderate risk from DRHP → score +0.4
Institutional subscription → score +2.0
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
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FAQ
What is the price band of Asset Reconstruction IPO?
The price band is ₹139 per share with a lot size of 107 shares. Minimum investment: ₹14,873.
What does Asset Reconstruction do?
Asset Reconstruction Company (India) Limited (ARCIL) is an asset reconstruction company engaged in acquiring stressed assets from banks and financial institutions and resolving them through restructuring, settlements, enforcement of security interests, and other recovery mechanisms. It operates across three business verticals – Corporate loans, SME and Other loans, and Retail loans. It acquires both single-credit and portfolios of secured and unsecured stressed assets. The company generates fee and investment income through various acquisition structures, including cash acquisitions, co-investor acquisitions, ordinary security receipt acquisitions, and structured acquisitions.
Should I apply for Asset Reconstruction IPO?
Asset Reconstruction is drawing moderate interest at 9.8x overall subscription (QIB 27.9x, retail 2.1x). IPOFins Score 7/10: Driven by QIB demand at 27.9x and moderate disclosed risk (4/10). The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
Who founded Asset Reconstruction?
Asset Reconstruction was founded by Mr Phanindranath Kakarla in 2002.