Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |

SEBI has approved the Initial Public Offer (IPO) of Asset Reconstruction Co.(India) Ltd. on October 14, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Asset Reconstruction Co.(India) Ltd. IPO is a Book Build Issue consisting entirely of an offer for sale of upto 10.55 crore shares.
The equity shares are proposed to be listed on NSE and BSE. IIFL Capital Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Asset Reconstruction IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 10,54,63,892 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 10,54,63,892 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 32,48,97,140 shares |
| Share Holding Post Issue | 32,48,97,140 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Aug 1, 2025 |
| SEBI/Exchange approval received | Tue, Oct 14, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Asset Reconstruction is a leading Asset Reconstruction Company (“ARC”) operating across India, specializing in the acquisition and resolution of stressed financial assets. Its core business involves acquiring non-performing assets (NPAs) from banks and financial institutions and implementing effective resolution strategies through restructuring, enforcement of rights over underlying securities, and settlements.
It operates across three business verticals; 1. Corporate Loans 2. SME, and 3. Other loans and retail loans.
Key Data
Key Strengths
Asset Reconstruction Co.(India) Ltd.'s revenue not changed and profit after tax (PAT) dropped by 1% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 4,395.99 | 3,656.69 | 2,789.58 |
| Total Income | 607.84 | 609.49 | 812.67 |
| Profit After Tax | 309.24 | 310.89 | 303.94 |
| EBITDA | 464.94 | 442.39 | 372.73 |
| NET Worth | 2,663.14 | 2,426.51 | 2,244.16 |
| Reserves and Surplus | 3,096.82 | 2,753.65 | 2,487.79 |
| Total Borrowing | 305.99 | 149.95 | 118.01 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To achieve the benefits of listing the Equity Shares on the Stock Exchanges |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLM’s fees including underwriting commission, brokerage and selling commission, as applicable | |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | |
| 3 | Fees payable to Registrar to the Offer | |
| 4 | Fees payable to legal counsels, statutory auditors , independent chartered accountants, practicing company secretary@, industry service provider^ and others to the Offer | |
| 5 | Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | |
| 6 | Printing and stationery | |
| 7 | Advertising and marketing expenses | |
| 8 | Fees payable to legal counsels | |
| 9 | Miscellaneous |
Asset Reconstruction IPO is a main-board IPO of 10,54,63,892 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Asset Reconstruction IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Asset Reconstruction IPO using UPI as a payment gateway. Zerodha customers can apply in Asset Reconstruction IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Asset Reconstruction IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Asset Reconstruction IPO dates are not announced. Please check back again after some time.
Asset Reconstruction IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Asset Reconstruction IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Asset Reconstruction IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Asset Reconstruction IPO allotment status.
The Asset Reconstruction IPO listing date is not yet announced. The tentative date of listing is .