Arcil Ltd, India’s first bad loan aggregator, is set for an IPO with existing shareholders like Avenue Capital, SBI, GIC’s Lathe Investment, and Federal Bank planning to sell 10.54 crore shares. Avenue Capital will dilute its stake, while Lathe Investment will exit completely. Arcil, the second largest ARC in India, reported a profit of Rs 355.31 crore in March 2025.
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