Asset Reconstruction Company (India) Ltd.

What Asset Reconstruction Company (India) Ltd. does

Asset Reconstruction Company (India) Ltd. (ARCIL) is India's first and oldest asset reconstruction company, incorporated in 2002 under Section 3 of the Securitisation Act, 2002. The company acquires stressed and non-performing assets (NPAs) from banks and financial institutions at discounts of 9-90% of principal value and resolves them through multiple legal and commercial channels: NCLT/IBC proceedings, settlements, debt restructuring/rescheduling, SARFAESI Act asset sales, and DRT asset auctions. As of March 31, 2025, ARCIL had acquired Rs. 7,26,573.07 Million in total principal debt at 52.51% of principal cost and had made cumulative recoveries of Rs. 2,84,238.84 Million since inception. The company holds an ICRA 'AA- (Stable)' credit rating for its bonds/NCDs and manages an AUM of Rs. 16,853 Crore with total debt exposure of Rs. 1,35,524 Crore across 13 offices in 12 states, supported by 193 permanent employees.

ARCIL operates through two distinct verticals: a Corporate & Mid-market segment handling stressed corporate loans via legal resolution routes, and a self-contained Retail Division managing high-volume microfinance, small business, agricultural, and aspiring-business-group loans with homegrown scalable technology and field-collection partnerships. Revenue is generated through transaction-driven stressed-asset acquisition, Security Receipt issuance (cumulative SRs exceed Rs. 3,81,556.32 Million), and recovery realization; ARCIL also operates the auction.arcil.co.in online platform for direct sale of foreclosed properties. The customer base comprises 31 private banks, 2 co-operative banks, and 24 public sector banks, with Avenue Capital Group holding a 69.7% controlling stake, State Bank of India holding under 20%, and Singapore's GIC holding approximately 5%. In August 2025 ARCIL filed a DRHP with SEBI for an IPO valued at approximately Rs. 3,700 crore.

Name

Asset Reconstruction Company (India) Ltd.

Legal name

Asset Reconstruction Company (India) Limited

Website

https://arcil.co.in

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

101–250 employees

Short description

Asset Reconstruction Company (India) Ltd. (ARCIL) is India's first and oldest asset reconstruction company, acquiring and resolving stressed and non-performing assets from 57 banks across corporate, mid-market, and retail segments via NCLT/IBC, SARFAESI, and DRT mechanisms.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Stressed Asset Acquisition and Resolution: ARCIL acquires non-performing assets (NPAs) from banks at discounted prices (haircuts ranging from 9-90%) and generates revenue through recovery and resolution. The company acquires stressed corporate assets and retail loan portfolios, then employs various resolution strategies including NCLT/IBC proceedings, settlements, restructuring, and asset sales to maximize recovery.
2. Security Receipts (SRs): The value of Security Receipts issued by ARCIL since inception exceeds Rs. 381,556.32 Million. SRs represent the company's mechanism for acquiring distressed assets from banks, where the recovery performance determines returns to investors.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

ARCIL is India's first and oldest Asset Reconstruction Company, acquiring non-performing assets (NPAs) and stressed loan portfolios from banks and financial institutions at discounted prices and recovering value through multiple resolution routes including NCLT/IBC proceedings, SARFAESI Act enforcement, DRT proceedings, settlements, and debt restructuring. The company operates dedicated Corporate & Mid-market and Retail verticals, issues Security Receipts (SRs) to investors, and monetizes recovered assets through its online property auction platform.

Product overview

ARCIL (Asset Reconstruction Company (India) Ltd.) is India's first and oldest Asset Reconstruction Company, founded in 2002. It operates as a financial services company managing stressed and non-performing assets (NPAs) across Corporate, Mid-market, and Retail segments. The company offers three main product lines: (1) Corporate & Mid-market Stressed Asset Resolution - acquiring and resolving stressed corporate loans through NCLT/IBC proceedings, settlements, and SARFAESI Act mechanisms; (2) Retail Distressed Asset Management - a dedicated vertical for managing retail loan portfolios with specialized technology infrastructure; and (3) Properties with Arcil - an online auction platform for mortgaged properties being foreclosed. ARCIL issues Security Receipts (SRs) to investors and manages assets on behalf of banks and financial institutions. As of March 2025, the company has a Net Worth of Rs. 2,768 Crores, AUM of Rs. 16,853 Crore, and total debt exposure of over Rs. 1,35,524 Crore across 13 offices in 12 states.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate & Mid-market Stressed Asset Resolution Acquisition and resolution of stressed corporate and mid-market loans from banks and financial institutions. As of March 31, 2025, ARCIL had acquired Rs. 726,573.07 Million in total principal debt at 52.51% cost ratio, with recoveries of Rs. 284,238.84 Million. Resolution strategies include NCLT/IBC route, settlement, restructuring, SARFAESI Act, and DRT proceedings.
• Retail Distressed Asset Management A self-contained division managing retail distressed loan portfolios including microfinance, small business loans, agri loans, and aspiring business group loans. Processes, policies and authorization structure are distinct from Corporate/SME. ARCIL has built homegrown scalable technology infrastructures to manage retail portfolios at scale.
• Properties with Arcil An online platform listing real estate properties available through ARCIL's asset recovery operations. Properties include Agricultural, Commercial, Industrial, and Residential categories available through DRT Auction and NCLT Auctions across multiple Indian states.

Quantifiable outcome

• 52.51% average acquisition cost as percentage of total principal debt for corporate portfolios
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature1 record

Partnerships

16 partnerships are on record, tiered minor.

• Friends Union For Energising Lives (FUEL)minorOthersCSR partnership for establishing Smart Digital Library at FUEL Business School in Pune to support digital education for students.
• Prashanthi Balamandira TrustminorOthersCSR partnership for enhancing gynecological care at Sri Sathya Sai Sarla Memorial Hospital in Karnataka through procurement of hysteroscopy equipment.
• Shield FoundationminorOthersCSR partnership for providing physiotherapy support and equipment to marginalized and unemployed/retired senior citizens in Nagpur, Maharashtra.
• Social Empowerment & Voluntary Association (SEVA)minorOthersCSR partnership for upgrading dialysis care at Government Medical College & Hospital in Sindhudurg, Maharashtra by providing dialysis units and supporting equipment.
• G. Kuppuswamy Naidu Memorial Hospital (KNC Trust)minorOthersCSR partnership supporting treatment of children with Congenital Heart Disease, providing life-saving surgical procedures for underprivileged children.
• The Akshaya Patra FoundationminorOthersCSR partnership to enhance delivery of Mid-Day Meal Scheme in Dehradun by providing vessels for food distribution, benefiting approximately 2,500 students across 43 government schools.
• Association of Parents of Mentally Retarded Persons (Adhar)minorOthersCSR partnership for enhancing residential facilities in Badlapur and Nashik for intellectually challenged adults, providing solar-based water boilers, water pumps, and Go Cast Machine.
• Fuel Business SchoolminorOthersCSR partnership for establishing computer lab at FUEL Business School providing training in AI, data analytics, cybersecurity, and digital marketing for over 1000 youth.
• Shree Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS)minorOthersCSR partnership providing artificial limbs, calipers, and mobility aids to 1,013 Divyangjans (disabled beneficiaries) through distribution camps in West Bengal and Uttarakhand.
• Kokan Kala Va Shikshan Vikas SansthaminorOthersCSR partnership for renovating sanitation facilities at 6 Zilla Parishad Schools in Palghar district, benefiting 1,128 students with menstrual hygiene solutions.
• Santhwana TrustminorOthersCSR partnership for bringing solar energy to five Zilla Parishad schools in Dahanu, providing reliable electricity for classrooms with lights, fans, and technology.
• Madat Charitable TrustminorOthersCSR partnership for providing financial support to 127 cancer patients in Mumbai and Navi Mumbai for treatment at private and government hospitals.
• Studeasy Bharat Foundation (SBF)minorOthersCSR partnership for establishing digital classrooms with 55-inch Smart TVs and Blended Learning Program in 50 government schools across Haryana, MP, Goa, Gujarat, and Rajasthan.
• Smile Train IndiaminorOthersCSR partnership providing free reconstructive cleft surgeries for 102 children across locations in West Bengal, Tamil Nadu, Chhattisgarh, and Srinagar.
• Yugrishi Shriram Sharma Acharya Charitable Trust (Akhand Jyoti Eye Hospital)minorOthersCSR partnership for establishing Vision Centres under Akhand Jyoti Eye Hospital in Bihar districts using Tele-ophthalmology equipment for early cataract identification.
• Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS)minorOthersCSR partnership for donation of prosthetic limbs and other mobility aids to 350 beneficiaries from underserved areas in Agra, UP through artificial limb fitment camp.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Encore Capital Group: Encore Capital Group is a US-listed specialty finance company focused on charged-off consumer debt buying and recovery. While it operates in consumer rather than corporate NPAs and in a different geography, it is a useful global benchmark for distressed debt acquisition economics.
• PRA Group: PRA Group is a US-listed global leader in non-performing loan acquisitions and recovery. It is a broader incumbent in the distressed debt acquisition space and serves as an international benchmark for ARCIL's portfolio acquisition and resolution business model.

Others

• Avenue Capital Group: Avenue Capital Group is the controlling shareholder of ARCIL with a 69.7% stake and is a US-based private investment firm specializing in distressed debt and special situations. It is the parent entity and provides strategic capital backing rather than competing directly.

Direct peers

• Reliance Asset Reconstruction Company Limited: Reliance ARC is an Indian asset reconstruction company operating in the same NPA acquisition and resolution space as ARCIL, often participating in the same auctions under SARFAESI Act and IBC proceedings.
• Edelweiss Asset Reconstruction Company Limited: Edelweiss ARC is a major Indian asset reconstruction company, part of the Edelweiss Group's financial services platform. It is a direct competitor in the same asset class, and ARCIL's incoming CEO previously held a senior leadership role at Edelweiss Group.
• Phoenix ARC Private Limited: Phoenix ARC is one of India's major asset reconstruction companies and a direct competitor to ARCIL, acquiring NPA portfolios from banks and resolving stressed assets. Notably, Phoenix acquired a written-off loan portfolio from Bandhan Bank in the same transaction where ARCIL acquired the NPA book.
• India Asset Reconstruction Company Limited: India ARC is an established asset reconstruction company in India, directly competing with ARCIL for NPA portfolio acquisitions from banks and offering similar resolution services under SARFAESI and IBC frameworks.
• CIFCO Asset Reconstruction Limited: CIFCO ARC is an Indian asset reconstruction company participating in the same NPA acquisition and resolution market as ARCIL, including Swiss Challenge auctions and IBC resolution processes for stressed corporate assets.
• Asset Care & Reconstruction Enterprise Limited (ACRE): ACRE is one of India's largest ARCs by AUM, originally incubated by the Edelweiss Group. It competes directly with ARCIL in corporate and retail stressed asset acquisition and resolution across India.
• JM Financial Asset Reconstruction Company Limited: JM Financial ARC is a prominent Indian asset reconstruction company backed by the JM Financial Group. It competes directly with ARCIL in acquiring NPA portfolios from banks and financial institutions and resolving stressed assets through IBC and other mechanisms.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCLJkfHniVuy0j328qW-qcUw
• Facebookfacebook.com/arcilarms
• LinkedInlinkedin.com/company/asset-reconstruction-company-india-ltd-
• Xx.com/Arcil_Arc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Asset Reconstruction Company (India) Ltd.