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Arcil Pursues Collection Services, MFI Growth Ahead of IPO
Arcil is a company that helps lenders deal with loans that may not be repaid.
It is planning to sell shares to the public in an IPO worth ₹733 crore.
The IPO will run from September 9 to September 11, but Arcil itself will not get the money from the share sale.
The company is starting a service that collects loan payments for banks and other lenders.
Arcil says lenders are showing encouraging early interest in this service.
It is also studying the microfinance business, but wants to gain more experience first.
The company manages many different kinds of loans, including housing, vehicle and personal loans.
Its retail and small-business operations have grown significantly over the past five years.
Arcil plans to launch a ₹733-crore IPO from September 9 to 11, with shares priced at ₹132-139.
The IPO is entirely an offer for sale, and Arcil will not receive proceeds from the issue.
The company is developing a Collection-as-a-Service business and reports encouraging early interest from banks and NBFCs.
Arcil is exploring microfinance institution assets while building expertise before expanding substantially in the segment.
Arcil manages ₹20,150 crore in assets and says retail and SME operations have nearly quadrupled in five years.
- Who
- Asset Reconstruction Company (India), also known as Arcil, along with selling shareholders including Avenue India Resurgence and State Bank of India.
- What
- Arcil is preparing a ₹733-crore IPO while pursuing Collection-as-a-Service and microfinance-related growth opportunities.
- Where
- The businesses and IPO relate to Arcil's operations in India.
- When
- The IPO is scheduled to open on September 9 and close on September 11, 2026; the article was published September 4, 2026.
- Why
- Arcil is seeking to build fee-based businesses alongside stressed-asset resolution as lenders continue to generate stressed assets.
Key facts
- IPO size
- ₹733 crore
- IPO price band
- ₹132-139 per share
- IPO structure
- Offer for sale of up to 5.27 crore equity shares
- Subscription dates
- September 9-11, 2026
- Assets under management
- ₹20,150 crore at the end of March
- Capital adequacy ratio
- Close to 65%
- Retail book
- About ₹4,500 crore, covering nearly 35 lakh borrowers
Quotes
Pramod Kumar Gupta
Chief financial officer of Arcil
“The flavor of the stress cycle keeps changing. Five years back, it was corporate. Now it is retail and SME. So, we have created very strong franchises across all these three sectors.”
thehindubusinessline.com
“In any case, the entire ARC industry together manages roughly about 10-12 per cent of the total stress that we see in the Indian BFSI system.”
thehindubusinessline.com
Sources
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