Asset Reconstruction Company IPO Day 3: Subscription Closes Today, 11 September 2026

Asset Reconstruction Company (India) Limited, known as Arcil and India's first asset reconstruction company, has reached the final day of its IPO subscription window today, 11 September 2026. The Asset Reconstruction Company IPO opened on 9 September and is a mainboard, book built issue worth about Rs 732.97 crore, comprising entirely an offer for sale by existing shareholders. The shares are proposed to list on both NSE and BSE.

Demand for the issue has built through the bidding window, moving from a thin 0.03 times reading on Day 1 to around 0.47 times through the morning of Day 2. With qualified institutional buyers holding half the offer and typically bidding heavily in the closing hours, the final subscription figure for the issue could move considerably by the end of today.

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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 3

The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the closing day itself.

Session	Overall Subscription
Day 1 (9 Sep, 10:20 AM)	Around 0.03 times
Day 2 (10 Sep, 10:25 AM)	Around 0.47 times
Day 3, closing day so far (11 Sep)	Updating through the session

The issue has built momentum steadily but remains under-subscribed as of the last available reading, with QIB demand yet to be fully tested. Investors should check the live NSE and BSE numbers as today's final session progresses.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Asset Reconstruction Company IPO

1. Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
2. 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.
3. Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
4. Approve the UPI mandate on your phone well before the cut off today, since the issue closes for good after this session.

Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.

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 closes today with subscription still under full book as of the last available reading, leaving the final hours as the key window for institutional demand to show up. 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 before the window shuts today.

FAQs

What is the Asset Reconstruction Company IPO subscription status on Day 3?

Ans. The issue moved from around 0.03 times on Day 1 to about 0.47 times through the morning of Day 2, and figures for the closing day, 11 September 2026, are updating through today's session.

When does the Asset Reconstruction Company IPO close?

Ans. The issue closes for subscription today, 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 investment to about Rs 14,873 at the upper price band.

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 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 before it closes?

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 today's 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.

Why has the Asset Reconstruction Company IPO seen gradual rather than strong subscription?

Ans. Subscription for the issue has built gradually, moving from 0.03 times to 0.47 times between Day 1 and Day 2, which is not unusual for large mainboard issues where institutional bids typically concentrate closer to the closing day.

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.