Asset Reconstruction IPO GMP Today
Expected Gain: 9.35%
Asset Reconstruction IPO GMP Today, 11 September 2026
Asset Reconstruction IPO GMP today is ₹13. The latest grey market premium is reported at ₹13 on 11 September 2026.This means the current indicative premium is ₹13 above the IPO’s upper price band of ₹139 per share.
Asset Reconstruction IPO has a price band of ₹132 to ₹139 per share.Based on the upper IPO price of ₹139 and the reported GMP of ₹13, the estimated listing price is ₹152 per share.
At the current GMP, the indicative listing gain is approximately 9.35% over the upper IPO price of ₹139.
Asset Reconstruction IPO is scheduled to open for subscription on 9 September 2026 and close on 11 September 2026.The IPO is tentatively scheduled to list on 17 September 2026 on BSE and NSE.
The grey market premium may change before the listing date depending on subscription demand, broader market conditions and investor sentiment.
GMP is an unofficial market indicator and does not guarantee the actual listing price of Asset Reconstruction shares.
Asset Reconstruction IPO Expected Listing Price
IPO Upper Price Band: ₹139
Latest GMP: ₹13
Therefore, the current GMP indicates an estimated listing price of ₹152 per share.
Estimated gain over the upper IPO price: 9.35%
Asset Reconstruction IPO GMP Trend
Asset Reconstruction IPO GMP is currently reported at ₹13 as of 11 September 2026.The GMP has decreased by ₹11 from ₹24 reported on 10 September 2026.
The latest GMP update is shown below along with the previous available GMP for comparison.
| GMP Date | IPO Price | GMP | Estimated Listing | Estimated Gain | Estimated Profit/Lot | Status | “`
|---|---|---|---|---|---|---|
| 09-Sep-2026 | ₹139 | ₹29 | ₹168 | 20.86% | ₹3,103 | Earlier GMP | “`
| 10-Sep-2026 | ₹139 | ₹24 | ₹163 | 17.27% | ₹2,568 | Previous GMP | “`
| 11-Sep-2026 | ₹139 | ₹13 | ₹152 | 9.35% | ₹1,391 | Latest GMP | “`
* Estimated listing price is calculated using the IPO upper price band plus the reported GMP.Estimated profit per lot is calculated using GMP × lot size.Current estimate: ₹13 × 107 shares = ₹1,391.GMP-based estimates are indicative and may differ from the actual listing price.
Asset Reconstruction IPO Details
| IPO Name | Asset Reconstruction IPO |
| Company Name | Asset Reconstruction Company (India) Limited |
| IPO Type | Book Building Issue |
| Issue Type | Offer for Sale (OFS) |
| Exchange | BSE, NSE |
| Open Date | 9 September 2026 |
| Close Date | 11 September 2026 |
| Allotment Date | 15 September 2026 |
| Refund / Unblocking Date | 16 September 2026 |
| Demat Credit | 16 September 2026 |
| Listing Date | 17 September 2026 |
| Price Band | ₹132 to ₹139 per share |
| Face Value | ₹10 per share |
| Lot Size | 107 Shares |
| Minimum Investment | ₹14,873 |
| Total Issue Size | ₹732.97 crore |
| Fresh Issue | Nil |
| Offer for Sale | 5,27,31,946 Shares |
| OFS Value | ₹732.97 crore |
| Market Cap at Upper Price | ₹4,516.07 crore |
| Latest GMP | ₹13 |
| Estimated Listing Price | ₹152 |
| Estimated Gain | 9.35% |
| Estimated Profit Per Lot | ₹1,391 |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Lead Managers | IIFL Capital Services Ltd., IDBI Capital Markets & Securities Ltd. and JM Financial Ltd. |
| Last GMP Update | 11 September 2026 |
Asset Reconstruction IPO GMP Profit Estimate
Based on the latest GMP of ₹13 and the IPO upper price band of ₹139, the estimated listing price is ₹152 per share.
| Particular | Calculation | Amount | “`
|---|---|---|
| IPO Investment | ₹139 × 107 Shares | ₹14,873 | “`
| Estimated Listing Value | ₹152 × 107 Shares | ₹16,264 | “`
| Estimated Gain | ₹16,264 − ₹14,873 | ₹1,391 | “`
If the GMP remains at ₹13 until listing, one lot of 107 shares would indicate an estimated GMP-based gain of approximately ₹1,391.
Asset Reconstruction IPO GMP Update
GMP Date: 11 September 2026
Latest GMP: ₹13
IPO Upper Price: ₹139
At the latest reported GMP of ₹13, the estimated listing price is ₹152 per share.
This represents an indicative listing gain of 9.35% over the upper IPO price of ₹139.
For one lot of 107 shares, the indicative GMP-based profit is ₹1,391.
The GMP has declined by ₹11 from ₹24 on 10 September 2026 to ₹13 on 11 September 2026.
GMP can change before the listing date and should be treated only as an unofficial indicator of market sentiment.
What Is Asset Reconstruction IPO GMP?
IPO GMP stands for Initial Public Offering Grey Market Premium. It represents the premium at which an IPO may be informally traded in the grey market before its official stock-market listing.
A positive GMP may indicate favourable market sentiment and expectations of a premium listing. However, GMP is unofficial, unregulated and can change quickly before the listing date.
Estimated Listing Price = IPO Upper Price Band + Latest GMP
₹139 + ₹13 = ₹152
Estimated Gain =(₹13 ÷ ₹139) × 100 = 9.35%
Estimated Profit Per Lot =₹13 × 107 = ₹1,391
GMP should only be considered an indicative market-sentiment indicator. The actual listing price may be significantly different from the GMP-based estimate.
Asset Reconstruction IPO Offer for Sale
The Asset Reconstruction IPO is entirely an Offer for Sale (OFS).The issue comprises 5,27,31,946 equity shares aggregating to ₹732.97 crore at the upper price band of ₹139 per share.
Since the IPO is completely an OFS, there is no fresh issue of shares and the company will not receive the IPO proceeds from the shares sold by the existing shareholders.
| Selling Shareholder | Shares Offered | Approx. Value |
|---|---|---|
| Avenue India Resurgence Pte. Ltd. | 2,48,23,910 | ₹345.05 crore |
| State Bank of India | 1,09,63,062 | ₹152.39 crore |
| Lathe Investment Pte. Ltd. | 1,62,44,858 | ₹225.80 crore |
| The Federal Bank Ltd. | 7,00,116 | ₹9.73 crore |
| Total | 5,27,31,946 | ₹732.97 crore |
About Asset Reconstruction Company (India) Limited
Asset Reconstruction Company (India) Limited, commonly known as ARCIL, was incorporated in February 2002 and is engaged in the asset reconstruction business.
The company acquires stressed assets from banks and financial institutions and works on various strategies to resolve and recover these assets.
ARCIL received its Certificate of Registration from the Reserve Bank of India in August 2003 and is recognized as the first asset reconstruction company incorporated in India.
The company operates across multiple segments including Corporate Loans, SME and Other Loans, and Retail Loans.
Asset Reconstruction IPO Business Model
ARCIL’s business involves acquiring stressed financial assets from banks, financial institutions, NBFCs and housing finance companies and implementing appropriate resolution strategies.
Its resolution approach can include:
- Resolution of stressed assets
- Restructuring of loans
- Enforcement of security
- Settlement with borrowers
- Collections and recovery
The company’s revenue is primarily generated through fee income and investment income. ARCIL also works with registered valuers, collection agents and empanelled lawyers as part of its asset-resolution framework.
Asset Reconstruction Company Key Strengths
- Established nationwide operational network
- Growing focus on retail stressed assets
- Strong relationships with banks and financial institutions
- Consistent financial and operational performance
- First ARC incorporated in India
- Expertise in stressed asset acquisition
- Increasing investment in security receipts
- Diverse resolution strategies
- Robust collections and recovery framework
Asset Reconstruction IPO Financial Performance
Asset Reconstruction Company (India) Limited has reported growth in income and profitability over the last three financial years.
| Particulars (₹ Crore) | FY 2026 | FY 2025 | FY 2024 | “`
|---|---|---|---|
| Assets | ₹4,460.85 Cr | ₹3,263.82 Cr | ₹2,795.34 Cr |
| Total Income | ₹785.08 Cr | ₹623.40 Cr | ₹574.11 Cr |
| PAT | ₹407.84 Cr | ₹355.32 Cr | ₹305.34 Cr |
| EBITDA | ₹588.93 Cr | ₹491.88 Cr | ₹416.36 Cr |
| Net Worth | ₹3,079.39 Cr | ₹2,767.80 Cr | ₹2,462.51 Cr |
| Reserves & Surplus | ₹2,751.18 Cr | ₹2,439.19 Cr | ₹2,135.20 Cr |
| Total Borrowing | ₹1,205.50 Cr | ₹305.93 Cr | ₹149.95 Cr |
From FY2025 to FY2026, total income increased by approximately 26%, while profit after tax increased by around 15%.
Asset Reconstruction IPO Key Financial Ratios
| KPI | FY 2026 | FY 2025 | “`
|---|---|---|
| Debt / Equity | 0.39 | 0.11 |
| RoNW | 13.95% | 13.59% |
| PAT Margin | 51.95% | 57.00% |
| EBITDA Margin | 78.21% | 82.47% |
| NAV | ₹94.78 | ₹81.97 |
Asset Reconstruction IPO Valuation
| Upper IPO Price | ₹139 |
| EPS | ₹12.55 |
| Implied P/E | 11.08x |
| NAV | ₹94.78 |
| Market Cap at Upper Price | ₹4,516.07 crore |
At the upper IPO price of ₹139 per share and EPS of ₹12.55, the implied price-to-earnings ratio is approximately 11.08x.
Asset Reconstruction IPO Shareholding
| Category | Pre-IPO | Post-IPO | “`
|---|---|---|
| Promoter / Promoter Group | 89.68% | 78.67% |
| Public | 10.32% | 21.33% |
The promoters of ARCIL include Avenue India Resurgence Pte. Ltd. and State Bank of India.
Asset Reconstruction IPO Reservation
| Investor Category | Reservation | “`
|---|---|
| QIB | Not more than 50% of the Net Offer |
| Retail | Not less than 35% of the Net Offer |
| NII | Not less than 15% of the Net Offer |
Asset Reconstruction IPO Lot Size
| Investor | Lots | Shares | Investment at ₹139 | “`
|---|---|---|---|
| Retail Minimum | 1 | 107 | ₹14,873 |
| Retail Maximum | 13 | 1,391 | ₹1,93,349 |
| S-HNI Minimum | 14 | 1,498 | ₹2,08,222 |
| S-HNI Maximum | 67 | 7,169 | ₹9,96,491 |
| B-HNI Minimum | 68 | 7,276 | ₹10,11,364 |
Asset Reconstruction Company Operating Scale
As of 31 March 2026, Asset Reconstruction Company (India) Limited had an operational presence through 13 offices across 12 states, including Delhi.
The company had 206 permanent employees as of 31 March 2026, supported by registered valuers, collection agents and empanelled legal professionals.
ARCIL works with banks, financial institutions, NBFCs and housing finance companies for the acquisition and resolution of stressed assets.
Asset Reconstruction IPO Competitive Strengths
- Established nationwide operational network
- Strong relationships with banks and financial institutions
- Growing focus on retail stressed assets
- Experience in stressed asset acquisition and resolution
- Diverse resolution and recovery strategies
- Robust collections framework
- Established presence in the asset reconstruction industry
- Investment in security receipts
Asset Reconstruction IPO Registrar and Lead Managers
| Registrar | MUFG Intime India Pvt. Ltd. | “`
| Lead Managers | IIFL Capital Services Ltd., IDBI Capital Markets & Securities Ltd. and JM Financial Ltd. | “`
| Company Address | The Ruby, 10th Floor, 29 Senapati Bapat Marg, Dadar (West), Mumbai, Maharashtra – 400028 | “`
Asset Reconstruction IPO GMP Quick Summary
Latest GMP: ₹13
IPO Price Band: ₹132 – ₹139
Upper IPO Price: ₹139
Estimated Listing Price: ₹152
Expected Listing Gain: 9.35%
Lot Size: 107 Shares
Minimum Investment: ₹14,873
Estimated Profit Per Lot: ₹1,391
Issue Size: ₹732.97 crore
Issue Type: 100% Offer for Sale
IPO Opens: 9 September 2026
IPO Closes: 11 September 2026
Listing Date: 17 September 2026
Asset Reconstruction IPO GMP FAQ
What is Asset Reconstruction IPO GMP today?
Asset Reconstruction IPO GMP today is ₹13 as of 11 September 2026.
What is the Asset Reconstruction IPO estimated listing price?
Based on the upper IPO price of ₹139 and GMP of ₹13, the estimated listing price is ₹152.
What is the expected gain from Asset Reconstruction IPO GMP?
The indicative gain is approximately 9.35% over the upper IPO price of ₹139.
What is the Asset Reconstruction IPO price band?
The price band is ₹132 to ₹139 per share.
What is the Asset Reconstruction IPO lot size?
The IPO lot size is 107 shares.
What is the minimum investment for Asset Reconstruction IPO?
At the upper price band of ₹139, the minimum investment for one lot is ₹14,873.
What is the Asset Reconstruction IPO issue size?
The total IPO issue size is ₹732.97 crore.
Is Asset Reconstruction IPO a fresh issue?
No. The IPO is entirely an Offer for Sale (OFS).
How many shares are offered in the Asset Reconstruction IPO?
The OFS comprises 5,27,31,946 equity shares.
When does Asset Reconstruction IPO open?
The IPO opens on 9 September 2026.
When does Asset Reconstruction IPO close?
The IPO closes on 11 September 2026.
When is Asset Reconstruction IPO allotment?
The tentative allotment date is 15 September 2026.
When will Asset Reconstruction IPO shares be listed?
The tentative listing date is 17 September 2026 on BSE and NSE.
Who is the registrar of Asset Reconstruction IPO?
The registrar is MUFG Intime India Pvt. Ltd.
Is Asset Reconstruction IPO GMP guaranteed?
No. GMP is an unofficial grey-market indicator and does not guarantee the actual listing price or listing gains.
How is Asset Reconstruction IPO GMP calculated?
Estimated listing price is calculated by adding the latest GMP to the upper IPO price band: ₹139 + ₹13 = ₹152.
What is the estimated profit per lot?
Based on GMP of ₹13 and lot size of 107 shares, the indicative profit is ₹1,391 per lot.
IPO GMP is based on unofficial grey-market indications and is provided for informational purposes only. GMP can change rapidly and does not guarantee the actual listing price or investment returns. The estimated listing price, percentage gain and profit shown above are calculated using the IPO upper price band and reported GMP. Investors should conduct their own research and due diligence before making any investment decision.