Mumbai, Sept. 11 -- The initial public offer of Asset Reconstruction Company (India) received bids for 74,19,74,594 shares as against 3,69,12,363 shares on offer, according to stock exchange data at 17:00 IST on 11 September 2026. The issue was subscribed 20.10 times.

The issue opened for bidding on 9 September 2026 and will close on 11 September 2026. The price band of the IPO is fixed between Rs 132 and 139 per share. An investor can bid for a minimum of 107 equity shares and multiples thereof.

The initial public offer (IPO) consists entirely of offer for sales (OFS) of 5.27 crore equity shares to raise Rs 696-733 crore with price band of Rs 132-139 per equity share of face of Rs 10. The promoters, Avenue India Resurgence Pte is selli...