Asset Reconstruction Co.(India) IPO
Asset Reconstruction Co.(India) IPO is a mainboard IPO raising ₹733 Cr at ₹132 – ₹139 a share. The smallest application you can make is 107 shares, costing ₹14,873 at the top of the band. Bidding has closed; the shares list on 16 Sept 2026. So far it has been subscribed 20× in total.
20.1 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 1,05,46,389 | 55,52,44,079 | 53× |
| Foreign Institutional Investors | no separate quota | 37,33,90,196 | n/a |
| Domestic Financial Institutions | no separate quota | 7,80,99,728 | n/a |
| Mutual funds | no separate quota | 7,54,39,387 | n/a |
| Others | no separate quota | 2,83,14,768 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 79,09,792 | 12,40,96,460 | 16× |
| Non Institutional Investors | 52,73,195 | 8,82,95,972 | 17× |
| Corporates | no separate quota | 10,21,636 | n/a |
| Individuals | no separate quota | 8,36,39,332 | n/a |
| Others | no separate quota | 36,35,004 | n/a |
| Non Institutional Investors | 26,36,597 | 3,58,00,488 | 14× |
| Corporates | no separate quota | 2,00,411 | n/a |
| Individuals | no separate quota | 3,44,54,428 | n/a |
| Others | no separate quota | 11,45,649 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 1,84,56,182 | 6,26,33,948 | 3.39× |
| Cut Off | no separate quota | 5,33,82,728 | n/a |
| Price bids | no separate quota | 92,51,220 | n/a |
| Total | 3,69,12,363 | 74,19,74,487 | 20× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 11 Sept, 05:15 pm IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 7% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.25 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.