The Economic Times

Up to 290% gains! SBI, Federal Bank make massive windfall as Arcils Rs 733-crore IPO hits D-Street

SBI and Federal Bank have gained 281% and 292%, respectively, on Arcil investments as the asset reconstruction company launches its Rs 733-crore IPO. The entirely OFS issue opens September 9, with Arcil reporting stronger FY26 profit and revenue growth overall.