ARCIL files IPO papers with Sebi for OFS of 10.54 crore shares
Upcoming IPO, ARCIL IPO: Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO), aiming to mobilise funds through a complete offer for sale (OFS). ARCIL, India’s first incorporated asset reconstruction company, focuses on acquiring and resolving stressed…