Asset Reconstruction Company IPO

Incorporated in 2002, Asset Reconstruction Company (India) Limited is an asset reconstruction company (ARC) engaged in acquiring stressed assets from banks and financial institutions and implementing resolution strategies to maximise recoveries and optimise asset value. The company received its RBI certificate of registration in August 2003 and is recognised as the first ARC incorporated in India. As of March 31, 2024, it was the second-largest ARC by AUM at ₹152,300.31 million and among the most profitable, with a standalone profit of ₹3,053.41 million. The Company operates across three key segments: Corporate Loans, SME and Other Loans, and Retail Loans. It acquires single-credit and portfolio-based secured and unsecured stressed assets and employs restructuring, enforcement, settlement, resolution and collection strategies based on the underlying assets. Its business generates both fee and investment income. The Company maintains relationships with banks, financial institutions, NBFCs and housing finance companies, supporting its stressed asset acquisition activities. The company operates through 13 offices across 12 states and has a nationwide network of valuers, collection agents and legal professionals.