Arcil raises Rs 220 cr from anchor investors; Rs 733 cr IPO opens for subscription

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Asset Reconstruction Company India Ltd, known as Arcil, secured Rs 220 crore from anchor investors. Its three-day initial public offering opens for public subscription on Wednesday. The company’s Rs 733 crore Initial Public Offering is entirely an Offer For Sale. Arcil will not receive any proceeds from this share sale. The company’s shares will be listed on the BSE and NSE on September 17.

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Arcil raises Rs 220 cr from anchor investors; Rs 733 cr IPO opens for subscription

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