Asset Reconstruction Company (India) Limited IPO to Open on September 9

Ahmedabad: Asset Reconstruction Company (India) Limited proposes to open the initial public offering of its equity shares of face value ₹10 each on Wednesday, September 09, 2026. The Anchor Investor Bidding Date is a Working Day prior to Bid/Offer Opening Date, being Tuesday, September 08, 2026. The Bid/Offer Closing Date is Friday, September 11, 2026, the company said today.

As per the company, the Price Band of the Offer has been fixed from ₹132 per Equity Share of face value ₹10 each to ₹139 per Equity Share of face value of ₹10 each. Bids can be made for a minimum of 107 Equity Shares of face value ₹10 each and multiples of 107 Equity Shares of face value ₹10 each thereafter.

The Offer comprises an offer for sale of up to 5,27,31,946 Equity Shares of face value ₹10 each by certain existing shareholders including up to 24,823,910 Equity Shares of face value of ₹10 each by Avenue India Resurgence Pte. Ltd., up to 10,963,062 Equity Shares of face value of ₹10 each by State Bank of India, up to 16,244,858 Equity Shares of face value of ₹10 each by Lathe Investment Pte. Ltd. and up to 700,116 Equity Shares of face value of ₹10 each by The Federal Bank Limited.

The Equity Shares are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited. For the Offer, NSE shall be the Designated Stock Exchange.

IIFL Capital Services Limited, IDBI Capital Markets & Securities Limited and JM Financial Limited are the Book Running Lead Managers.