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Oldest ARC Arcil files for ₹1,500-cr IPO
The New Indian Express Jeypore
|August 03, 2025
IN a first in the struggling asset reconstruction companies space, the oldest such entity Arcil or Asset Reconstruction Company India, has filed the draft papers with Sebi for a primary issue seeking to mop up ₹1,500 crore.
Founded in 2002, Arcil, promoted by Avenue India Resurgence, which is an affiliate of Avenue Capital Group, and State Bank of India, which are
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