Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

ARC Insulation IPO vs Blue Water Logistics IPO

Comparison between ARC Insulation IPO and Blue Water Logistics IPO.

IPO Details

ARC Insulation IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Blue Water Logistics IPO is a SME Bookbuilding proposed to list at NSE SME.

 ARC Insulation IPOBlue Water Logistics IPO
LogoARC Insulation IPO LogoBlue Water Logistics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersGretex Corporate Services Ltd.Smart Horizon Capital Advisors Pvt.Ltd.
RegistrarMaashitla Securities Pvt.Ltd.Maashitla Securities Pvt.Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Shreni Shares Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of ARC Insulation IPO is up to ₹39.13 Cr whereas the issue size of the Blue Water Logistics IPO is up to ₹38.39 Cr. The final issue price of ARC Insulation IPO is ₹125.00 per share and of Blue Water Logistics IPO is ₹135.00 per share.

 ARC Insulation IPOBlue Water Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹119.00 per share₹132.00 per share
Issue Price (Upper)₹125.00 per share₹135.00 per share
Issue Price (Final)₹125.00 per share₹135.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1000 shares
Fresh Issue Size28,80,000 shares28,44,000 shares
Fresh Issue Size (Amount)up to ₹36.00 Crup to ₹38.39 Cr
OFS Issue Size2,50,000 shares0 shares
OFS Issue Size (Amount)up to ₹3.13 Crup to ₹0.00 Cr
Issue Size Total31,30,000 shares28,44,000 shares
Issue Size Total (Amount)up to ₹39.13 Crup to ₹38.39 Cr

IPO Timetable

ARC Insulation IPO opens on Aug 21, 2025, while Blue Water Logistics IPO opens on May 27, 2025. The closing date of ARC Insulation IPO and Blue Water Logistics IPO is Aug 25, 2025, and May 29, 2025, respectively.

 ARC Insulation IPOBlue Water Logistics IPO
Anchor Bid DateAug 20, 2025May 26, 2025
Issue OpenAug 21, 2025May 27, 2025
Issue CloseAug 25, 2025May 29, 2025
Basis Of Allotment (Tentative)Aug 26, 2025May 30, 2025
Initiation of Refunds (Tentative)Aug 28, 2025Jun 02, 2025
Credit of Share (Tentative)Aug 28, 2025Jun 02, 2025
Listing date (Tentative)Aug 29, 2025Jun 03, 2025
Anchor Lockin End date 1Sep 25, 2025Jun 29, 2025
Anchor Lockin End date 2Nov 24, 2025Aug 29, 2025

Financials & KPIs

ARC Insulation IPO P/E ratio is 10.58, as compared to Blue Water Logistics IPO P/E ratio of 10.12.

 ARC Insulation IPOBlue Water Logistics IPO
FinancialsEBITDA

Blue Water Logistics Limited Financial Information (Restated Consolidated)

Blue Water Logistics Limited's revenue increased by 41% and profit after tax (PAT) rose by 80% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 202331 Mar 2022
Assets76.3442.1229.2838.80
Total Income196.29138.7498.0784.72
Profit After Tax10.675.941.541.04
EBITDA18.7510.503.832.35
Net Worth20.159.483.54
Reserves and Surplus12.157.481.54
Total Borrowing36.7317.2218.81
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.4895.62
Promoter Shareholding (Post-Issue)64.1169.55
P/E Ratio10.5810.12
Market Cap₹128.72 Cr.₹148.50 Cr.
ROE45.47%72.02%
ROCE49.84%0.30
Debt/Equity0.241.82
EPS₹11.81₹13.34
RoNW45.47%52.95%

Shares Offered

In the ARC Insulation IPO Retail Individual Investors (RII) are offered 10,96,000 shares while in Blue Water Logistics IPO retail investors are offered 10,96,000 shares. Qualified Institutional Buyers (QIB) are offered 6,26,000 shares in ARC Insulation IPO and 5,59,000 shares in Blue Water Logistics IPO.

 ARC Insulation IPOBlue Water Logistics IPO
Anchor Investor Reserveration9,37,000 shares8,35,000 shares
Market Maker Reserveration1,65,000 shares1,56,000 shares
QIB6,26,000 shares5,59,000 shares
NII4,71,000 shares4,40,000 shares
RII10,96,000 shares10,10,000 shares
Employee0 shares0 shares
Others
Total31,30,000 shares28,44,000 shares

Bids Received (Subscription)

ARC Insulation IPO subscribed 18.71x in total, whereas Blue Water Logistics IPO subscribed 9.36x.

 ARC Insulation IPOBlue Water Logistics IPO
QIB (times)15.12x14.04x
NII (times)26.84x9.87x
Big NII (times)29.26x
Small NII (times)22.01x
RII (times)17.27x6.55x
Employee (times)
Other (times)
Total (times)18.71x9.36x