Asset Reconstruction Co.(India) IPO GMP Today and Kostak Price
Asset Reconstruction Co.(India) IPO Grey Market Premium (GMP) today stands at ₹ 14, showing mild but stable interest in the grey market ahead of listing. The Kostak rate is currently not available, while the Subject to Sauda price is quoted at currently not available. On 8 September 2026, the IPO GMP recorded a high of ₹30 and a low of ₹14 on 16 September 2026, indicating steady grey market activity. You can check the day-wise GMP trend below to track price movement and investor sentiment over time.
Asset Reconstruction Co.(India) IPO is scheduled to open for subscription on September 9, 2026. The public issue aims to raise around ₹732.97 Cr. and is offered in a price band of ₹132 to ₹139 per share, with a market lot of 107 shares. Investors are closely watching subscription data and grey market trends ahead of the listing.
Table of Contents
- Asset Reconstruction Co.(India) IPO GMP Today
- Asset Reconstruction Co.(India) IPO GMP Trend History
- Asset Reconstruction Co.(India) IPO Dates
- Expected Listing Price
- Is Asset Reconstruction Co.(India) IPO GMP Reliable?
- Kostak Rate Explained
- About Asset Reconstruction Co.(India) IPO
- Frequently Asked Questions
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 16 Sep 2026 | ₹ 14 | 10.07% | ₹ 0 | ₹ 0 | |
| 15 Sep 2026 | ₹ 14 | 10.07% | ₹ 0 | ₹ 0 | |
| 14 Sep 2026 | ₹ 16.5 | 11.87% | ₹ 0 | ₹ 0 | |
| 13 Sep 2026 | ₹ 15 | 10.79% | ₹ 0 | ₹ 0 | |
| 12 Sep 2026 | ₹ 14.5 | 10.43% | ₹ 0 | ₹ 0 | |
| 11 Sep 2026 | ₹ 14.5 | 10.43% | ₹ 0 | ₹ 0 | |
| 10 Sep 2026 | ₹ 14 | 10.07% | ₹ 0 | ₹ 0 | |
| 09 Sep 2026 | ₹ 24 | 17.27% | ₹ 0 | ₹ 0 | |
| 08 Sep 2026 | ₹ 30 | 21.58% | ₹ 0 | ₹ 0 | |
| 07 Sep 2026 | ₹ 27 | 19.42% | ₹ 0 | ₹ 0 |
Asset Reconstruction Co.(India) IPO Dates
| Event | Date |
|---|---|
| Open Date | 09 Sep, 2026 |
| Close Date | 11 Sep, 2026 |
| Allotment Date | 15 Sep, 2026 |
| Refund Date | 16 Sep, 2026 |
| Credit to Demat | 16 Sep, 2026 |
| Listing Date | 17 Sep, 2026 |
Asset Reconstruction Co.(India) IPO Expected Listing Price
| Basis | Value |
|---|---|
| Issue Price (Upper Band) | ₹139 |
| Current GMP | ₹ 14 |
| GMP-Based Listing Estimate | ₹153 (+10.1%) |
| Listing Date | 17 Sep, 2026 |
Disclaimer: The listing price estimate above is based purely on the current grey market premium (GMP) and is not a guaranteed prediction. GMP is an unofficial, unregulated indicator and can change significantly in the 24–48 hours before listing. Do not make investment decisions based solely on GMP.
Is Asset Reconstruction Co.(India) IPO GMP Reliable?
Grey market premium for Asset Reconstruction Co.(India) IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Asset Reconstruction Co.(India) IPO full review for a fundamentals-based assessment before making any grey market trades.
Asset Reconstruction Co.(India) IPO IPO Kostak Rate Explained
The Kostak rate for Asset Reconstruction Co.(India) IPO is currently not active. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price has not been quoted yet. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Asset Reconstruction Co.(India) IPO
It got its certificate of registration from the Reserve Bank of India in August 2003 to carry on securitisation and asset reconstruction, and it is recognised as the first ARC set up in India.
The company works across three areas, corporate loans, SME and other loans, and retail loans. It buys both single loans and whole portfolios, secured as well as unsecured, and then uses different methods to recover the money, including resolution, restructuring, enforcement of security, settlement and collection, depending on what the underlying asset is. It earns in two ways, through fee income and through income on its own investments. As on 31 March 2026 it worked out of 13 offices across 12 states and had 206 permanent employees, supported by registered valuers, collection agents and empanelled lawyers. Its promoters are Avenue India Resurgence Pte. Ltd. and State Bank of India.
Strengths & Risks
Strengths
- ✓ Profit has grown every year, from Rs 305.34 crore in FY2024 to Rs 355.32 crore in FY2025 and Rs 407.84 crore in FY2026.
- ✓ Income grew 26% in FY2026, from Rs 623.40 crore to Rs 785.08 crore.
- ✓ The margin is very high. Profit after tax of Rs 407.84 crore on total income of Rs 785.08 crore is a PAT margin of 57%.
- ✓ The balance sheet is large, with a net worth of Rs 3,079.39 crore as on 31 March 2026.
- ✓ It is the first ARC set up in India and has been registered with the RBI since August 2003. An RBI licence is hard to get and keeps new competition out.
- ✓ The promoters are strong institutions, Avenue India Resurgence Pte. Ltd. and State Bank of India.
- ✓ It works across corporate, SME and retail loans rather than one segment, and has been building up the retail side.
- ✓ It has a nationwide setup with 13 offices across 12 states, supported by valuers, collection agents and empanelled lawyers.
Risks
- ⚠ The entire issue is an offer for sale. Not a single rupee comes to the company, and there are no objects of the issue because all the money goes to the selling shareholders.
- ⚠ Borrowing has gone up eight times in two years, from Rs 149.95 crore in FY2024 to Rs 305.93 crore in FY2025 and Rs 1,205.50 crore in FY2026.
- ⚠ The P/E and the return on capital employed are not stated in the data available to us, so the issue cannot be compared with peers on those measures from here.
- ⚠ Return on net worth is only 13.59% even though the PAT margin is 57%, which shows how much capital this business has to keep locked up to earn that profit.
- ⚠ Recovery from stressed loans is lumpy and slow. It depends on court and NCLT timelines and on settlements, none of which the company controls.
- ⚠ The supply of business depends on banks choosing to sell stressed loans. If banks hold on to their bad loans or the credit cycle is clean, there is less to buy.
- ⚠ This is a tightly regulated business. Any RBI change on ARC capital, provisioning or how recoveries are booked would directly change the economics.
- ⚠ Promoter holding will come down from 88.47% to 77.45% after the issue.
Frequently Asked Questions about Asset Reconstruction Co.(India) IPO
What is the GMP of Asset Reconstruction Co.(India) IPO?
The current Grey Market Premium (GMP) of Asset Reconstruction Co.(India) IPO is ₹ 14.
What is the Kostak Price of Asset Reconstruction Co.(India) IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Asset Reconstruction Co.(India) IPO is currently not available.
What is the Subject to Sauda Price of Asset Reconstruction Co.(India) IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.
What is the expected listing price of Asset Reconstruction Co.(India) IPO based on GMP?
Based on the current GMP of ₹ 14, Asset Reconstruction Co.(India) IPO is expected to list around ₹153 — approximately +10.1% above the issue price of ₹139. Grey market prices can shift before listing — treat this as an estimate only.
Is the GMP of Asset Reconstruction Co.(India) IPO increasing or decreasing?
The GMP of Asset Reconstruction Co.(India) IPO is currently stable. Track the day-wise GMP table above for the latest movement.
Explore Asset Reconstruction Co.(India) IPO Further
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