Mumbai: The oldest poor loan company in the country, IPO-related Arcil (Asset Reconstruction Company of India), provides insight into the future of loan repair for retailings in its offer document submitted to Sebi.The company has said that it is a digital platform set up that submit settlement offers in default and receive immediate acceptance, which […]
Avenue Capital Group, State Bank of India, based in New York, a branch of the GIC of Singapore, and Federal Bank will sell 105.4 million shares, a 32.57% interest in Asset Reconstruction Company (India) LTD (Arcil), which marks the first public offer in India in India. The company submitted its concept of Red Herring Prospectus […]
Avenue Capital Group, State Bank of India (SBI), Singapore’s GIC -Onderwentom of Turn -Investment and Federal Bank will sell a total of 10.54 crore shares in Arcil LTD in what the first initial public offer (IPO) will be for a bad loanaggregator in India. The company submitted its concept of Red Herring Prospectus (DRHP) to […]
Asset Reconstruction Company (India) Limited (Arcil), the first assets -weder construction company that is being founded in India, has submitted its Concept Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (Sebi) for a first public offer. The IPO will be an offer for sale of a maximum of 10.54 crore shares […]