ARCL Organics Ltd
378.00
-7.25(-1.88%)
Market Cap₹324.97 Cr
PE Ratio17.80
IndustryChemicals
Company Performance:
1D-1.88%
1M+18.07%
6M+46.51%
1Y+72.09%
5Y+2,300.00%
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More news about ARCL Organics Ltd
02Aug 25
Arcil Files for India's First Asset Reconstruction Company IPO
Asset Reconstruction Company (India) Ltd (Arcil) has filed for an Initial Public Offering (IPO), becoming the first bad loan aggregator in India to go public. The IPO is structured as an offer for sale of 10.54 crore shares by existing shareholders, with no fresh capital being raised. Major stakeholders, including Avenue Capital Group and State Bank of India, will reduce their holdings. Arcil, established in 2002, is India's second-largest ARC with assets under management of Rs 15,230 crore. The company reported revenue of Rs 596.42 crore and a profit after tax of Rs 355.31 crore. IIFL Capital, IDBI Capital, and JM Financial are managing the IPO.
ARCL Organics Ltd
378.00
-7.25
(-1.88%)
1 Year Returns:+72.09%
Industry Peers