Asset Reconstruction Co.(India) Ltd. IPO Review 2026: Listing Dates, Allotment, GMP & Overview

09 Sep 2026
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Asset Reconstruction Co.(India) Ltd. IPO Review 2026: Listing Dates, Allotment, GMP & Overview

Asset Reconstruction Company (India) IPO is a ₹732.97 crore book-built issue entirely comprising an offer for sale of 5.27 crore shares. The IPO opens on September 9, 2026 and closes on September 11, 2026. The price band is ₹132 to ₹139 per share, with a lot size of 107 shares. The shares are proposed to be listed on NSE and BSE on September 17, 2026.

Asset Reconstruction Company IPO – Quick Overview

IPO Open DateSeptember 9, 2026
IPO Close DateSeptember 11, 2026
Price Band₹132 to ₹139 per share
Issue Size₹732.97 crore
Issue TypeBookbuilding IPO
Issue StructureOffer for Sale
Lot Size107 shares
Minimum Retail Investment₹14,873
Face Value₹10 per share
ListingNSE and BSE
Tentative Listing DateSeptember 17, 2026

Asset Reconstruction Company IPO Details

Total Issue Size5,27,31,946 shares aggregating up to ₹732.97 crore
Fresh IssueNil
Offer for Sale5,27,31,946 shares aggregating up to ₹732.97 crore
Pre-Issue Shareholding32,48,97,140 shares
Post-Issue Shareholding32,48,97,140 shares
Market Capitalisation*₹4,516.07 crore
Lead ManagerIIFL Capital Services Ltd.
RegistrarMUFG Intime India Private Limited

*Market capitalisation based on the upper end of the price band.

Asset Reconstruction Company IPO Timeline

IPO OpensSeptember 9, 2026
IPO ClosesSeptember 11, 2026
AllotmentSeptember 15, 2026
RefundSeptember 16, 2026
Share CreditSeptember 16, 2026
ListingSeptember 17, 2026

Objects of the Asset Reconstruction Company IPO

The Asset Reconstruction Company IPO is entirely an Offer for Sale (OFS). Therefore, the company will not receive any proceeds from the issue. The IPO proceeds will accrue to the selling shareholders, and no fresh capital is being raised by the company through this offer.

Refer to RHP for detailed information.

About Asset Reconstruction Company (India) Limited

Incorporated in February 2002, Asset Reconstruction Company (India) Limited (ARCIL) is an asset reconstruction company engaged in acquiring stressed assets from banks and financial institutions and implementing resolution strategies to maximise recoveries and optimise asset value. It received its Reserve Bank of India registration to commence securitisation and asset reconstruction operations in August 2003 and is recognised as India's first ARC.

The company operates across three key verticals: Corporate Loans, SME and Other Loans, and Retail Loans. It acquires single-credit and portfolio-based stressed secured and unsecured assets and uses resolution, restructuring, enforcement, settlement and collection strategies depending on the underlying assets.

As of March 31, 2026, ARCIL operated through 13 offices across 12 states, including Delhi, and had 206 permanent employees. Its operations are supported by registered valuers, collection agents and empanelled lawyers.

Key Strengths of Asset Reconstruction Company

  • Established market position: ARCIL was incorporated in 2002 and is recognised as India's first ARC.
  • Large stressed-asset platform: Its outstanding security receipts stood at approximately ₹20,150 crore as of March 31, 2026, making it the largest private ARC by this measure, according to CRISIL.
  • Track record in acquisitions and recoveries: The company had issued security receipts worth ₹44,114 crore since inception and recorded cumulative recoveries of ₹31,915 crore as of March 31, 2026.
  • Diversified asset exposure: ARCIL operates across corporate, SME and retail stressed assets, with increasing focus on retail and SME portfolios.
  • Strong institutional relationships: The company has relationships with banks, financial institutions, NBFCs and housing finance companies.
  • Resolution and collection capabilities: Its infrastructure combines legal, valuation, collection and data analytics capabilities to support asset resolution.
  • Pan-India network: The company operates through offices across multiple states and is supported by collection agents and legal professionals nationwide.

Financial Snapshot

Particulars (₹ crore)FY2024FY2025FY2026
Total Income574623785
Profit After Tax305355408
Total Assets2,7953,2674,465
Borrowings1503061,206

ARCIL reported total income of ₹785 crore and profit after tax of ₹408 crore in FY2026, compared with ₹623 crore and ₹355 crore, respectively, in FY2025. Its net worth stood at ₹3,079 crore as of March 31, 2026.

IPO Allotment & Application Status

Registrar: MUFG Intime India Pvt.Ltd.

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Asset Reconstruction Company IPO – Frequently Asked Questions

What is the Asset Reconstruction Company IPO size?

The Asset Reconstruction Company IPO is a ₹732.97 crore book-built issue entirely comprising an Offer for Sale of 5,27,31,946 shares.

What is the Asset Reconstruction Company IPO price band?

The price band is ₹132 to ₹139 per equity share.

What is the Asset Reconstruction Company IPO lot size?

The IPO lot size is 107 shares. At the upper price band of ₹139, the minimum retail application amount is ₹14,873.

When does the Asset Reconstruction Company IPO open and close?

The IPO opens on September 9, 2026 and closes on September 11, 2026.

When is the Asset Reconstruction Company IPO allotment date?

The tentative IPO allotment date is September 15, 2026.

When will the Asset Reconstruction Company IPO be listed?

The equity shares are proposed to be listed on NSE and BSE on September 17, 2026, subject to completion of the IPO process and applicable approvals.

What does Asset Reconstruction Company (India) do?

ARCIL acquires stressed assets from banks and financial institutions and implements resolution, restructuring, enforcement, settlement and collection strategies to recover and optimise the value of such assets.

Will Asset Reconstruction Company receive money from the IPO?

No. The IPO is entirely an Offer for Sale, so the proceeds will accrue to the selling shareholders rather than the company.

Who is the lead manager and registrar of the Asset Reconstruction Company IPO?

IIFL Capital Services Ltd. is the book running lead manager and MUFG Intime India Private Limited is the registrar of the issue.

Investor Education Hub: Everything You Need to Know About IPOs

Disclaimer: - Investments in IPOs are subject to market risks. Investors should read the Red Herring Prospectus carefully and consult their financial advisor before investing. https://www.mnclgroup.com/research-disclaimer

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Investor Announcements

Name of the Company has changed from Networth Stock Broking Limited to Monarch Networth Capital Limited upon Certification of Incorporation received from Registrar of Companies, Mumbai vide certificate dated 13th October, 2015.

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    Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014

    Registered Address

    Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat

    Corporate Address

    Ahmedabad

    “Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad - 380009

    Mumbai

    Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.

    Contact Details

    Tel:079-26666500 / 6600500
    NPS Email ID:nps@mnclgroup.com
    Compliance Officer:Nikhil Parikh (Click to view details)
    Compliance Email:compliance@mnclgroup.com
    Compliance Tel:+91-79-26666768

    “Filing of complaints on SCORES – Easy & quick
    (Link is given in our useful link option on our website)

    • A. Register on SCORES portal
    • B. Mandatory details for filing complaints on SCORES:
      • I. Name, PAN, Address, Mobile Number, Email ID
    • C. Benefits
      • I. Effective communication
      • II. Speedy redressal of the grievances

    Email for Grievance: grievances@mnclgroup.com

    CLIENT BANK ACCOUNT DETAILS

    Investors are requested to note that Stock broker (Monarch Networth Capital Ltd) is permitted to receive money from investors through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Stock broker (Monarch Networth Capital Ltd) is also required to disclose these USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only (Click to View) for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker".

    Registered Numbers

    SEBI Registration No:INZ000008037
    NSE Member ID:06386
    BSE: Member ID :197
    MCX: Member ID :10585
    Date of Admission:28/02/2004
    NCDEX: Member ID :00011
    MSEI Member Code :84251
    Date of Admission:06/12/2003
    CDSL-DP ID:35000
    NSDL-DP ID:IN303052
    SEBI Reg (DP):IN-DP-278-2016
  • Complete name of entity registered with SEBI as Portfolio Manager:Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    PMS Registration No.:INP000006059
    Corporate Identification No.:L64990GJ1993PLC120014
    Principal Place of Business:301-302, 3rd Floor, Arunachal Building, Barakhamba Road, New Delhi - 110001
    Registered Office Address:Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050
    Corresponding SEBI regional/local office Address:8th floor, Plate B, Tower 1, NBCC Complex, East Kidwai Nagar, New Delhi – 110023

    Contact Details

    Principal Officer:Md Shaukat Ali
    Contact No.:011-40851303
    Compliance Officer:Ms. Bhumika Gowda
    Contact No.:011-40851312

    Mechanism for addressing grievances and information about SCORES.

    Contacts for Investor Grievance

    pms.grievance@mnclgroup.com

  • Fund Name:Monarch AIF
    Category of AIF :Category III
    AIF Registration number :IN/AIF3/20-21/0787
    Registration Date :April 23, 2020
    Registered Office Address :Laxmi Tower, B Wing, 4th Floor, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400051

    Contact Details

    Fund Manager:Mr. Abhisar Jain
    Phone :+91 22 66746425
    Compliance Officer:Ms. Bhumika Gowda
    Phone :+91 22 66746424

    Gift City AIF Disclaimer

    Monarch Networth Capital IFSC Private Limited (Wholly owned subsidiary of Monarch Networth Capital Limited) is a Registered Fund Management Entity (Retail) having Registration No: IFSCA/FME/III/2025-26/169. Monarch India Growth Fund will be an open-ended Restricted Scheme (Non-Retail) construed as a Category III AIF under the IFSCA (Fund Management) Regulations, 2025. Monarch AIF is a Category III AIF having SEBI Registration No. IN/AIF3/20-21/0787. This material is for informational purposes only and is not intended as an offer or solicitation or investment advice to buy or sell securities. Investments are subject to market risks. The offering is made only through official scheme documents to eligible investors under GIFT IFSC regulations. Investors should read all documents carefully and consult their advisors before investing.

  • Complete name of entity registered with SEBI as Merchant Banker:Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    MB Registration No.:INM000011013
    Corporate Identification Number:L64990GJ1993PLC120014
    Principal Place of Business:4th FLoor, B Wing, Laxmi Tower, Bandra Kurla Complex, Bandra East, Mumbai-400051
    Registered office address:Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050

    Contact Details

    Compliance Officer:Mr.Jayesh Bhagwat
    Contact No.:(022) 66476400
    Email for Regulatory Communication:mbdcompliance@mnclgroup.com

    Mechanism for addressing grievances and information about SCORES.

    Contacts for Investor Grievance

    mbd@mnclgroup.com

  • Complete name of entity registered with SEBI as Research Analysts :Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    RA Registration No.:INH000000644
    BSE Enlistment No.:5039
    Corporate Identification Number: L64990GJ1993PLC120014

    Contact Details

    Registered office address: Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050
    Principal Place of Business: 4th FLoor, B Wing, Laxmi Tower, Bandra Kurla Complex, Bandra East, Mumbai-400051
    Principal Officer: Sahil Sanghvi
    Compliance Officer: Nikhil Parikh
    Telephone no.: +91-79-26666768
    Contacts for Investor Grievance: ragrievance@mnclgroup.com
  • Complete name of entity registered with SEBI as Investment Adviser : Monarch Networth Investment Advisors Private Limited
    Type of Registration (Individual, Non-Individual) :Non-Individual
    IA Registration No.: INA000005721
    BSE Enlistment No.:2005
    Validity of registration : Perpetual
    Corporate Identification Number : U74140GJ2007PTC052348
    Registered office address : Monarch House, Nr. Ishwar Bhuwan Cross Road, Nr. Commerce Six Road, Navrangpura, AHMEDABAD, GUJARAT, 380009
    Corresponding SEBI Office address: SEBI Bhavan, Western Regional Office, Panchvati 1st Lane, Gulbai Tekra Road, Ahmedabad - 380006, Gujarat

    Contact Details

    Compliance Officer : Ankita Sudhir Madhwani
    Telephone no. : +91 22-66476405
    Registration granted by SEBI, enlistment of IA with Exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
  • AMC's Empanelled

    AMFI Registered Mutual Fund Distributor - ARN-8812

    Regulatory Details

    Complete name of entity registered with SEBI as : Monarch Networth Capital Limited
    AMFI Registration No. :8812
    Validity of ARN: 29-03-2028
    Registered Office address:Office No 901/902, 9Th Floor, Atlanta Centre, Opp Udyog Bhavan, Sonawala Road Goregaon East, MUMBAI, MA- 400063
    Corporate Office and Principal Place of Business : Monarch House, Nr. Ishwar Bhuwan Cross Road, Nr. Commerce Six Road, Navrangpura, AHMEDABAD, GUJARAT, 380009

    Contact Details

    Email address : mutualfund@mnclgroup.com
    Telephone no. :079-66000790
    Compliance Officer : Nikhil Parikh
    Compliance Email : compliance@mnclgroup.com
    Compliance Tel :079-26666768

    Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.

  • Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014

    For Broking and Demat Related Queries

    Call on this number +91-79-26666768
    For any queries related to broking please contact helpdesk@mnclgroup.com
    Escalation Matrix

    Monarch Networth Capital Limited

    Registered Address

    Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat

    Corporate Address

    Ahmedabad

    “Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad – 380009

    Mumbai

    Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.

    Contact Details

    “Filing of complaints on SCORES – Easy & quick
    (Link is given in our useful link option on our website)

    • A. Register on SCORES portal
    • B. Mandatory details for filing complaints on SCORES:
      • I. Name, PAN, Address, Mobile Number, Email ID
    • C. Benefits
      • I. Effective communication
      • II. Speedy redressal of the grievances

    Email for Grievance: cs@mnclgroup.com

    Company Secretary & Compliance Officer

    (As per LODR Regulations and Companies Act, 2013)

    Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances :
    Mr. Nitesh Tanwar : 022 - 66476400 / 66476405

    Listing of Equity Shares on Stock Exchange at

    BSE

    Add :Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001
    Scrip Id :Monarch Scrip Code : 511551

    NSE

    Add :Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051.
    Scrip Id :Monarch Scrip Code : MONARCH

    Demat ISIN Numbers in NSDL & CDSL for

    Equity Shares:INE903D01011

    REGISTRAR AND SHARE TRANSFER AGENT

    MUFG Intime India Private Limited

    (Formerly known as Link Intime India Private Limited)

    Add:C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083
    Tel:(0) 810 811 6767
    Toll-free number:1800 1020 878
    Fax:022 - 4918 6060

    For any queries related to broking please contact helpdesk@mnclgroup.com.

Disclaimer

‘Investments in securities market are subject to market risks, read all the related documents carefully before investing.’

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