Niva Market Watch

Asset Reconstruction Company (India) Limited IPO

listed · NSE · Bookbuilding IPO

Asset Reconstruction Company (India) Limited IPO was a ₹733 crore book-built issue on NSE with a price band of ₹132–₹139 per share, open for bidding from 9 Sep 2026 to 11 Sep 2026.

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IPO overview

Asset Reconstruction Company (India) Limited raised ₹733 crore through a book-built issue, made up entirely of shares sold by existing shareholders, so the company itself receives none of the proceeds.

Bids were accepted within a price band of ₹132–₹139 per share (face value ₹10); the final issue price is set within this band after bidding closes.

The shares listed on NSE on 17 Sep 2026.

IIFL Capital Services Limited, IDBI Capital Markets & Securities Limited, JM Financial Limited were the book-running lead managers and MUFG Intime India Private Limited is the registrar, which processes applications, allotment and refunds.

Issue type
Bookbuilding IPO
Issue structure
OFS only
Issue size
₹733 crore
Price
₹132–₹139 per share
Face value
₹10 per share
Exchange
NSE
Lead manager
IIFL Capital Services Limited, IDBI Capital Markets & Securities Limited, JM Financial Limited
Registrar
MUFG Intime India Private Limited

IPO timeline

  1. Bidding opens 9 Sep 2026
  2. Bidding closes 11 Sep 2026
  3. Basis of allotment —
  4. Refunds / unblocking —
  5. Shares credited to demat —
  6. Listing 17 Sep 2026

Bidding ran from 9 Sep 2026 to 11 Sep 2026.

The shares listed on 17 Sep 2026.

Subscription summary

By the close of bidding, the issue was subscribed 20.10× overall (last figure recorded 11 Sep 2026).

By category: qualified institutional buyers (QIB) 52.65×, non-institutional investors (NII) 15.69× and retail investors 3.39×.

Recorded day by day: 9 Sep 0.39×, 10 Sep 0.87× and 11 Sep 20.10×.

Bids were received for 20.10× the shares available, so not every applicant in an oversubscribed category will receive shares.

CategorySubscribed (as of 11 Sep 2026)
QIB52.65×
NII15.69×
Retail3.39×
Overall20.10×

Grey market premium (unofficial)

The last grey market premium (GMP) we recorded for this issue was ₹12 on 16 Sep 2026, equal to 8.6% of the upper price band.

Across 10 readings between 7 Sep 2026 and 16 Sep 2026, the quoted GMP ranged from ₹12 to ₹30.

We do not yet record actual listing prices, so this page does not compare the GMP with where the shares opened.

  • GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.

Allotment

The registrar, MUFG Intime India Private Limited, processes allotment; check status on its website or the exchange's application-status page.

Sources and data methodology

NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial). Methodology · Report an error

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