Asset Reconstruction Company (India) DRHP & RHP
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Asset Reconstruction Company (India) IPO Details
Market capitalisation is the post-issue share count in the offer document’s capital structure (32,48,97,140 shares) multiplied by the upper end of the price band, ₹139. It is arithmetic on those two filed figures, not a valuation.
Asset Reconstruction Company (India) Financials ₹ in crore
| ₹ crore | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | ₹809.19 | ₹605.82 | ₹607.84 |
| Expenses | — | — | — |
| Net profit (PAT) | ₹303.94 | ₹310.89 | ₹309.24 |
| PAT margin | 37.6% | 51.3% | 50.9% |
| Total assets | ₹2,789.58 | ₹3,656.69 | ₹4,395.98 |
Asset Reconstruction Company (India) Shareholding before & after the IPO
The founding owners and their group entities.
The post-issue ring is the register this issue’s RHP discloses. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.
Asset Reconstruction Company (India) Anchor Investors largest allocation first
| # | Anchor investor | Shares | % of book | ₹ Cr |
|---|---|---|---|---|
| 1 | GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA | 25,17,924 | 15.92% | 35.00 |
| 2 | MUTUAL FUND - ADITYA BIRLA SUN LIFE SMALL | 18,70,467 | 11.82% | 26.00 |
| 3 | BANDHAN SMALL CAP FUND | 18,70,467 | 11.82% | 26.00 |
| 4 | TATA MULTI ASSET | 18,70,467 | 11.82% | 26.00 |
| 5 | ASHOKA WHITEOAK ICAV - ASHOKA WHITEOAK INDIA OPPORTUNITIES FUND | 14,38,829 | 9.1% | 20.00 |
| 6 | BAJAJ LIFE INSURANCE LIMITED | 7,19,468 | 4.55% | 10.00 |
| 7 | SOCIETE GENERALE - ODI | 7,19,468 | 4.55% | 10.00 |
| 8 | WHITEOAK CAPITAL MULTI CAP FUND | 7,19,361 | 4.55% | 10.00 |
| 9 | BOFA SECURITIES EUROPE SA - ODI | 6,07,630 | 3.84% | 8.45 |
| 10 | INTEGRATED CORE STRATEGIES (ASIA) PTE. LTD | 6,07,630 | 3.84% | 8.45 |
| 11 | WHITEOAK CAPITAL BANKING & FINANCIAL SERVICES FUND | 4,67,590 | 2.96% | 6.50 |
| 12 | GOLDMAN SACHS ETF TRUST - GOLDMAN SACHS INDIA EQUITY ETF | 3,59,734 | 2.27% | 5.00 |
| 13 | JM FINANCIAL MUTUAL FUND - JM AGGRESSIVE HYBRID FUND | 3,59,734 | 2.27% | 5.00 |
| 14 | JM FINANCIAL MUTUAL FUND-JM VALUE FUND | 3,59,734 | 2.27% | 5.00 |
| 15 | INDUSIND GENERAL INSURANCE COMPANY LIMITED | 3,59,734 | 2.27% | 5.00 |
| 16 | GOLDMAN SACHS BANK EUROPE SE - ODI | 3,59,734 | 2.27% | 5.00 |
| 17 | GROWW MUTUAL FUND - GROWW SMALL CAP FUND | 2,37,532 | 1.5% | 3.30 |
| 18 | WHITEOAK CAPITAL AGGRESSIVE HYBRID FUND | 1,43,915 | 0.91% | 2.00 |
| 19 | WHITEOAK CAPITAL BALANCED HYBRID FUND | 1,07,963 | 0.68% | 1.50 |
| 20 | GROWW MUTUAL FUND- VALUE FUND | 71,911 | 0.45% | 1.00 |
| 21 | GROWW BANKING AND FINANCIAL SERVICES | 50,291 | 0.32% | 0.70 |
Ranked by size of allocation; every anchor in an issue pays the same price, so the ranking is the same whether read in shares, rupees or share of the book. Anchor investors are allotted shares one day before the issue opens, at a price fixed on that day, and are locked in afterwards (30 days for half the allocation, 90 days for the rest). Read straight from the company’s own Anchor Allocation intimation letter filed with the exchanges — names appear exactly as printed there. Percentages are the filer’s own and total the anchor portion, not the whole issue. View the filed letter
Asset Reconstruction Company (India) IPO Lot Size & Minimum Investment by investor category
| Application | Shares | Amount at ₹139 |
|---|---|---|
| Retail (min)1 lot | 107 | ₹14,873 |
| Retail (max)13 lots | 1,391 | ₹1,93,349 |
| sHNI (min)14 lots | 1,498 | ₹2,08,222 |
| bHNI (min)68 lots | 7,276 | ₹10,11,364 |
One lot is 107 shares, so a single application at the ₹139 cut-off costs ₹14,873. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
About Asset Reconstruction Company (India)
Asset Reconstruction Company (India) Limited is an asset reconstruction company operating across India. It is engaged in acquiring stressed assets from banks and financial institutions and implementing resolution strategies. The company was incorporated in 2002 and is headquartered in Mumbai, Maharashtra. Its main customers are banks and financial institutions.
Asset Reconstruction Company (India) DRHP & RHP offer documents
The draft red herring prospectus is filed with SEBI before the issue; the red herring prospectus adds the price band and dates just before bidding opens. Both describe the business, the restated financials, the risk factors and how the proceeds will be used.
Asset Reconstruction Company (India) IPO Strengths & Risks as disclosed in the DRHP
How to check Asset Reconstruction Company (India) IPO allotment status
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Asset Reconstruction Company (India) Limited, the registrar is MUFG Intime India Private Limited — allotment is finalised in the days between the issue closing on 11 Sept 2026 and listing on 17 Sept 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: MUFG Intime. Your bank will also show the blocked amount released if shares were not allotted.
Asset Reconstruction Company (India) DRHP & RHP FAQs
Where can I read the Asset Reconstruction Company (India) DRHP or RHP?
The offer document for the Asset Reconstruction Company (India) Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.
What is a DRHP?
The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.
What are the strengths disclosed in the Asset Reconstruction Company (India) DRHP?
The company is the first ARC in India and has an established track record of over two decades in the asset reconstruction industry. The company was the second most profitable ARC in India during Fiscal 2024 with a profit after tax of ₹ 3,053.41 million on a standalone basis. The company had the second largest net worth among private ARCs in India as of March 31, 2024 with a net worth of ₹ 24,625.11 million on a standalone basis. The page lists all 7 as disclosed.
What are the key risks disclosed in the Asset Reconstruction Company (India) DRHP?
Revenue and profits are largely dependent on the value and composition of the company's AUM, and any adverse change in AUM may impact revenue and profit. Non-compliance with RBI's observations made during any inspection could expose the company to penalties and restrictions. The company bids for stressed assets through a competitive bidding process, and inability to source and acquire sufficient stressed assets at appropriate prices may adversely affect growth, competitive position, financial condition, and results of operations. The page lists all 8 disclosed risk factors.
Asset Reconstruction Company (India) IPO Registrar where allotment and refund queries go
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Asset Reconstruction Company (India) IPO ASBA and UPI, as SEBI sets them
- Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
- Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
- If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (11 Sept 2026).
- One application per PAN. A second application under the same PAN is rejected, and both may be.
- After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, MUFG Intime India Private Limited, not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹12 on a ₹139 upper band means the grey market is dealing at ₹151.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.