Asset Reconstruction Company (India) Ltd (Arcil), India’s second-largest ARC, is launching an IPO with existing shareholders selling a 32.57% stake. Avenue Capital Group will significantly reduce its holding, while SBI and a GIC affiliate will also offload shares. Arcil, backed by prominent banks, reported a net profit of Rs 355.31 crore for fiscal year 2025.
Clear Secured Services IPO listing today. Check GMP ahead of debut
Clear Secured Services is set for its market debut on December 8 following a successful ₹85.60 crore IPO, which saw strong investor demand. The integrated