ARCIL has filed for an IPO, offering 10.54 crore shares in a full Offer for Sale (OFS).

No fresh shares will be issued in this IPO — only existing shareholders will sell.

Sellers include Avenue Capital (6.87 cr), SBI (1.94 cr), GIC (1.62 cr), and Federal Bank (0.10 cr).

ARCIL manages ₹15,230 crore in assets, making it India’s second-largest ARC by AUM.

Since launch, ARCIL has acquired ₹72,657 crore in bad loans and recovered ₹28,460 crore.

Retail AUM doubled in two years — from ₹1,559 cr (FY23) to ₹2,748 cr (FY25).

FY25 profit stood at ₹355 crore, with ₹623 crore in income and ₹596 crore revenue.

It has the lowest cost-to-AUM ratio (0.57%) and strong RoA (11.5%) among peers.

Capital adequacy is high at 99.03%, and promoter holding before IPO was 89.7%.

Post IPO, Avenue will hold 48.6%, SBI 13.96%, and GIC will fully exit.