Asset Reconstruction Company IPO Day 2: Subscription Status on 10 September 2026
- September 10, 2026
- Posted by: Harsh Piplani
- Category: IPO
Asset Reconstruction Company IPO Day 2, 10 Sep 2026. Subscription stayed muted through Day 1 at around 0.03x. Price band Rs 132-139. Closes 11 Sep.
Quick Answer
The Asset Reconstruction Company IPO is on Day 2 of bidding on 10 September 2026, after a slow opening day. Through Day 1, the issue remained subscribed only around 0.03 times, with retail and non-institutional bids each in low single digit percentages of their reserved portions. Since the offer is entirely an offer for sale with no fresh issue, and QIBs hold half the book, institutional participation in the closing session will be the key driver of the final Asset Reconstruction Company IPO subscription figure.
The Asset Reconstruction Company IPO has entered Day 2 of its three day bidding window, which opened on 9 September and closes on 11 September 2026. Asset Reconstruction Company (India) Limited, known as Arcil and India’s first asset reconstruction company, is offering about Rs 732.97 crore entirely as an offer for sale, and the shares are proposed to list on both NSE and BSE.
Day 1 bidding for the issue stayed thin, with retail bids covering only around 4 percent of the reserved portion and non-institutional investors similarly muted through the morning session. With two sessions still remaining, including the 11 September close, there is time for demand to build, particularly among institutional investors who often bid heavily in the closing hours of a book built mainboard issue.
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Asset Reconstruction Company IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 9 September 2026 |
| Close Date | 11 September 2026 |
| Price Band | Rs 132 to Rs 139 per share |
| Lot Size | 107 shares |
| Issue Size | Rs 732.97 crore (entirely offer for sale) |
| Issue Type | Book Built Issue |
| Listing At | NSE and BSE |
| Allotment Date | 15 September 2026 |
| Listing Date | 17 September 2026 |
Asset Reconstruction Company IPO Subscription Status Day 2
The table below shows the subscription trend for the issue through its bidding window so far.
| Session | Overall Subscription |
|---|---|
| Through Day 1 (9 Sep) | Around 0.03 times |
| Day 2, so far (10 Sep) | Updating through the session |
The issue has seen limited participation so far, which is not unusual for a mainboard book built issue where institutional and larger investor bids typically concentrate closer to the 11 September close. Investors should check the live NSE and BSE numbers as the session progresses.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Asset Reconstruction Company IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 132 to Rs 139 band, in multiples of 107 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 11 September.
Download the Univest iOS App or Univest Android App to apply for the issue before the 11 September close.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue has had a measured start, running at only around 0.03 times through Day 1, with two sessions still remaining before the 11 September close for demand to build. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Asset Reconstruction Company IPO subscription status on Day 2?
Ans. The issue remained subscribed only around 0.03 times through Day 1 on 9 September, and figures for Day 2, 10 September 2026, are updating through today’s session on NSE and BSE.
When does the Asset Reconstruction Company IPO close?
Ans. The issue closes for subscription on 11 September 2026, having opened on 9 September 2026.
What is the Asset Reconstruction Company IPO price band and lot size?
Ans. The issue price band is Rs 132 to Rs 139 per share, with a lot size of 107 shares, taking the minimum retail investment to about Rs 14,873 at the upper band.
Why has the Asset Reconstruction Company IPO seen low subscription so far?
Ans. Subscription for the issue has stayed thin through Day 1, which is not unusual for large mainboard issues where institutional and larger investor bids typically concentrate closer to the 11 September closing day.
What is the Asset Reconstruction Company IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the Asset Reconstruction Company IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 107 shares within the Rs 132 to Rs 139 band and approving the UPI mandate before the daily cut off.
When will the Asset Reconstruction Company IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 15 September 2026, with listing on both NSE and BSE tentatively scheduled for 17 September 2026.
Is the Asset Reconstruction Company IPO a fresh issue or an offer for sale?
Ans. The issue is entirely an offer for sale by existing shareholders, including promoter Avenue India Resurgence and State Bank of India, with no fresh issue component.
What is the reservation split in the Asset Reconstruction Company IPO?
Ans. The issue reserves around 50 percent of the offer for qualified institutional buyers, about 35 percent for retail individual investors, and roughly 15 percent for non-institutional investors.
What does Asset Reconstruction Company (India) Limited do?
Ans. Asset Reconstruction Company (India) Limited, known as Arcil, is India’s first asset reconstruction company, acquiring stressed assets from banks and financial institutions and implementing resolution strategies to maximise recoveries.
