Archive · 3 Sep 2026
Arcil IPO Opens September 9 in ₹733-Crore Offer
Arcil is a company that helps banks deal with loans and other assets that are difficult to recover.
It is planning to sell shares to the public through an IPO.
People can apply for the IPO from September 9 to September 11.
Each share will cost between ₹132 and ₹139.
Existing shareholders are selling 5.27 crore shares, rather than Arcil issuing new shares.
This means the money raised will go to those shareholders, not to Arcil.
Retail investors must apply for at least 107 shares.
That minimum application would cost ₹14,873 at the highest price.
The shares are expected to begin trading on the BSE and NSE on September 17.
Arcil will accept public bids from September 9 to September 11, after anchor bidding on September 8.
The price band is ₹132-139 per share, valuing the issue at approximately ₹696-733 crore.
The IPO is entirely an Offer for Sale of 5.27 crore existing shares, so Arcil will receive no proceeds.
Avenue India Resurgence, State Bank of India, Lathe Investment and The Federal Bank are selling shareholders.
Retail investors need at least 107 shares, costing ₹14,873 at the upper band; listing is expected on September 17.
- Who
- Asset Reconstruction Company (India) Ltd, known as Arcil, and its selling shareholders: Avenue India Resurgence, State Bank of India, Lathe Investment and The Federal Bank.
- What
- An IPO consisting entirely of an Offer for Sale of 5.27 crore existing equity shares.
- When
- Anchor bidding is scheduled for September 8, public bidding for September 9-11, allotment is expected around September 15, and listing is expected on September 17.
- Where
- The shares are expected to list on the BSE and NSE; Arcil operates through 13 offices across 12 Indian states.
- Why
- Arcil expects the listing to improve its visibility and provide liquidity to shareholders.
- Price band
- ₹132-139 per equity share
- Issue value
- Approximately ₹696 crore at ₹132 and ₹733 crore at ₹139
- Offer structure
- Entirely an Offer for Sale; no fresh shares are being issued
- Shares offered
- 5.27 crore existing equity shares
- Retail minimum
- 107 shares, requiring ₹14,873 at the upper price band
- Investor allocation
- 50% for qualified institutional buyers, up to 35% for retail investors and 15% for non-institutional investors
- Expected listing
- September 17 on the BSE and NSE
