- Share.Market
- 7 min read
- 15 Sep 2026
Asset Reconstruction Co (India) IPO allotment is scheduled for Tuesday, 15 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.
Key Takeaways
- Allotment date: expected to be finalised on Tuesday, 15 September 2026.
- Registrar: MUFG Intime India Pvt. Ltd. — check status there first, or via BSE/NSE.
- Listing date: tentatively set for Thursday, 17 September 2026 on both BSE and NSE.
- Price band and lot size: ₹132–₹139 per share, in lots of 107 shares.
- Issue structure: a ₹733 crore issue that is entirely an offer for sale — there is no fresh issue at all.
- Use of proceeds: since the IPO is 100% offer for sale, the company will not receive any of the proceeds; the entire amount goes to the four selling shareholders.
Asset Reconstruction Co (India) IPO: Key Details at a Glance
| IPO Name | Asset Reconstruction Company (India) Limited |
| Issue Type | Mainboard |
| Listing At | BSE & NSE |
| Price Band | ₹132 – ₹139 per share |
| Face Value | ₹10 per share |
| Lot Size | 107 shares |
| Minimum Retail Investment | ₹14,873 (107 shares at the upper price band) |
| Issue Size | ₹733 crore (entirely an offer for sale of 5,27,31,946 shares; no fresh issue) |
| Offer for Sale By | Avenue India Resurgence Pte. Ltd. (₹345.05cr) and State Bank of India (₹152.39cr), both promoters; Lathe Investment Pte. Ltd. (₹225.80cr) and The Federal Bank Ltd. (₹9.73cr), both non-promoter corporate shareholders |
| Lead Managers | IIFL Capital Services Ltd., IDBI Capital Markets & Securities Ltd., JM Financial Ltd. |
| Registrar | MUFG Intime India Pvt. Ltd. |
What Is the Asset Reconstruction Co (India) IPO Timeline?
| Bid Opens | Wednesday, 9 September 2026 |
| Bid Closes | Friday, 11 September 2026 |
| Basis of Allotment (Expected) | Tuesday, 15 September 2026 |
| Refund Initiation (Non-Allottees) | Wednesday, 16 September 2026 |
| Credit of Shares to Demat | Wednesday, 16 September 2026 |
| Listing Date (Tentative) | Thursday, 17 September 2026 |
When Will Asset Reconstruction Co (India) IPO Allotment Be Out?
Asset Reconstruction Co (India) IPO bidding closes on Friday, 11 September 2026. The basis of allotment would normally be finalised the next working day under SEBI’s T+1 timeline, but since 12–13 September 2026 is a weekend and 14 September 2026 is a market holiday, the registrar is expected to finalise it on Tuesday, 15 September 2026 instead. Refunds for non-allottees (ASBA amounts unblock automatically; other payment modes receive an actual refund) and the credit of shares to allottees’ demat accounts are expected the next day, Wednesday, 16 September 2026, with listing on BSE and NSE tentatively set for Thursday, 17 September 2026.
How to Check Asset Reconstruction Co (India) IPO Allotment Status
Method 1: Via MUFG Intime India Pvt. Ltd. (Registrar)
MUFG Intime India Pvt. Ltd. is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.
- Visit the MUFG Intime India Pvt. Ltd. IPO allotment status page.
- Select “Asset Reconstruction Company (India) Limited” from the company dropdown.
- Choose your verification method — PAN, Application Number, or DP/Client ID.
- Enter the details and submit to view your allotment status.
Method 2: Via BSE
- Visit the BSE Application Status Check page.
- Select “Asset Reconstruction Company (India) Limited” as the issue name.
- Enter your Application Number and PAN.
- Submit to view your status. Data stays available on BSE for about a week after issue closure.
Method 3: Via NSE
- Visit NSE’s bid verification page.
- Complete one-time registration with your PAN if you haven’t already.
- Select “Asset Reconstruction Company (India) Limited” and view your application status.
How Is the Basis of Allotment Decided?
The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including Asset Reconstruction Co (India). In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.
What Happens If You’re Not Allotted Shares?
If you don’t receive an allotment in the Asset Reconstruction Co (India) IPO, the ASBA amount blocked in your bank account is unblocked automatically; no separate refund request is needed. This is expected around Wednesday, 16 September 2026, the same day allotted shares are credited to successful applicants’ demat accounts. If you applied through a payment mode other than ASBA, the actual refund follows the same timeline.
What Will Asset Reconstruction Co (India) Do With the IPO Proceeds?
Unlike most IPOs, the Asset Reconstruction Co (India) IPO is entirely an offer for sale; all 5,27,31,946 shares on offer are being sold by existing shareholders, and there is no fresh issue at all. That means the company itself will not receive any of the ₹733 crore raised; the entire amount goes to the four selling shareholders in proportion to the shares each is offering: Avenue India Resurgence Pte. Ltd. (₹345.05 crore) and State Bank of India (₹152.39 crore), both promoters, along with non-promoter corporate shareholders Lathe Investment Pte. Ltd. (₹225.80 crore) and The Federal Bank Ltd. (₹9.73 crore). This is a partial exit for existing investors rather than a capital raise for the company.
What Is Asset Reconstruction Company (India) Limited?
Asset Reconstruction Company (India) Limited (ARCIL) is a Mumbai-based non-banking financial company that specialises in acquiring and resolving distressed and non-performing loans (NPAs) from banks and financial institutions, buying stressed assets at a discount and working to recover value from them; it is India’s original and one of its largest asset reconstruction companies. Its revenue grew 26%, and profit after tax rose 15% between FY2025 and FY2026, with a healthy net worth of over ₹3,079 crore. ARCIL’s promoters are Avenue India Resurgence Pte. Ltd. and State Bank of India, both of whom are partially exiting through this IPO’s offer-for-sale component alongside two other non-promoter corporate shareholders.
FAQs
The basis of allotment for the Asset Reconstruction Co (India) IPO is expected to be finalised on Tuesday, 15 September 2026, after bidding closes on 11 September 2026 — later than a simple next-working-day rule because of the weekend and a market holiday on 14 September 2026.
You can check the status using your PAN or DP/Client ID instead of the application number on the MUFG Intime registrar page, BSE’s Application Status Check page, or NSE’s bid verification page.
MUFG Intime India Pvt. Ltd. is the official registrar for the Asset Reconstruction Co (India) IPO.
IIFL Capital Services Ltd., IDBI Capital Markets & Securities Ltd., and JM Financial Ltd. are the book-running lead managers for the issue.
Asset Reconstruction Co (India) is tentatively set to list on both BSE and NSE on Thursday, 17 September 2026.
If you’re not allotted shares, the ASBA amount blocked in your bank account is unblocked automatically, expected around Wednesday, 16 September 2026; the same day shares are credited to allottees’ demat accounts.
If the retail category is oversubscribed, allotment is decided through a computerised lottery, so each successful applicant gets at least one full lot. NII and QIB categories are allotted proportionately to the shares bid for.
Nothing; the company receives none of the proceeds. The entire ₹733 crore issue is an offer for sale, so all of it goes to the four selling shareholders: Avenue India Resurgence Pte. Ltd., State Bank of India, Lathe Investment Pte. Ltd., and The Federal Bank Ltd.
Yes, the entire ₹733 crore issue is an offer for sale. There is no fresh issue at all, so the company itself raises no new capital from this IPO.
Asset Reconstruction Company (India) Limited, known as ARCIL, is a Mumbai-based NBFC that acquires and resolves distressed and non-performing loans from banks and financial institutions.
