Asset Reconstruction Company (India) has made a flat debut at its issue price of Rs 139.00 on the BSE.
The scrip is currently trading at Rs. 137.10, down by 1.90 points or 1.37% from its issue price.
It has touched a high and low of Rs 140.95 and Rs. 132.40 respectively. So far 8.37 lakh shares were traded on the counter.
The offering, which was open for subscription from September 9, 2026 to September 11, 2026 was subscribed 20.10 times. The issue price was fixed at Rs 139 per share i.e. at upper end of price band of Rs 132-139 apiece.
Asset Reconstruction Company (India) is an asset reconstruction company (ARC) operating across India and are engaged in the business of acquiring stressed assets from banks and financial institutions and implementing resolution strategies through restructuring, enforcement of rights on underlying securities and settlement aimed at maximizing recovery and optimizing the value of such stressed assets in order to generate revenue streams.
