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

ARC Insulation IPO vs Asston Pharmaceuticals IPO

Comparison between ARC Insulation IPO and Asston Pharmaceuticals IPO.

IPO Details

ARC Insulation IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Asston Pharmaceuticals IPO is a SME Bookbuilding proposed to list at BSE SME.

 ARC Insulation IPOAsston Pharmaceuticals IPO
LogoARC Insulation IPO LogoAsston Pharmaceuticals IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersGretex Corporate Services Ltd.Sobhagya Capital Options Pvt.Ltd.
RegistrarMaashitla Securities Pvt.Ltd.Maashitla Securities Pvt.Ltd.
Market MakerGretex Share Broking Pvt.Ltd.JSK Securities & Services Pvt.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 Asston Pharmaceuticals IPO is up to ₹26.17 Cr. The final issue price of ARC Insulation IPO is ₹125.00 per share and of Asston Pharmaceuticals IPO is ₹123.00 per share.

 ARC Insulation IPOAsston Pharmaceuticals IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹119.00 per share₹115.00 per share
Issue Price (Upper)₹125.00 per share₹123.00 per share
Issue Price (Final)₹125.00 per share₹123.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares1000 shares
Fresh Issue Size28,80,000 shares21,28,000 shares
Fresh Issue Size (Amount)up to ₹36.00 Crup to ₹26.17 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 shares21,28,000 shares
Issue Size Total (Amount)up to ₹39.13 Crup to ₹26.17 Cr

IPO Timetable

ARC Insulation IPO opens on Aug 21, 2025, while Asston Pharmaceuticals IPO opens on Jul 09, 2025. The closing date of ARC Insulation IPO and Asston Pharmaceuticals IPO is Aug 25, 2025, and Jul 11, 2025, respectively.

 ARC Insulation IPOAsston Pharmaceuticals IPO
Anchor Bid DateAug 20, 2025Jul 08, 2025
Issue OpenAug 21, 2025Jul 09, 2025
Issue CloseAug 25, 2025Jul 11, 2025
Basis Of Allotment (Tentative)Aug 26, 2025Jul 14, 2025
Initiation of Refunds (Tentative)Aug 28, 2025Jul 15, 2025
Credit of Share (Tentative)Aug 28, 2025Jul 15, 2025
Listing date (Tentative)Aug 29, 2025Jul 16, 2025
Anchor Lockin End date 1Sep 25, 2025Aug 13, 2025
Anchor Lockin End date 2Nov 24, 2025Oct 12, 2025

Financials & KPIs

ARC Insulation IPO P/E ratio is 10.58, as compared to Asston Pharmaceuticals IPO P/E ratio of 17.83.

 ARC Insulation IPOAsston Pharmaceuticals IPO
FinancialsEBITDA

Asston Pharmaceuticals Limited Financial Information (Restated)

Asston Pharmaceuticals Limited's revenue increased by 62% and profit after tax (PAT) rose by 218% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 May 202531 Mar 202531 Mar 202431 Mar 2023
Assets31.8328.1220.2613.69
Total Income6.2125.6115.847.19
Profit After Tax1.324.331.361.06
EBITDA1.936.162.551.52
Net Worth12.0410.726.391.99
Reserves and Surplus5.774.455.611.29
Total Borrowing7.837.266.825.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.4868.76
Promoter Shareholding (Post-Issue)64.1150.66
P/E Ratio10.5817.83
Market Cap₹128.72 Cr.₹104.70 Cr.
ROE45.47%50.56%
ROCE49.84%51.25%
Debt/Equity0.240.68
EPS₹11.81₹6.90
RoNW45.47%40.36%

Shares Offered

In the ARC Insulation IPO Retail Individual Investors (RII) are offered 10,96,000 shares while in Asston Pharmaceuticals IPO retail investors are offered 10,96,000 shares. Qualified Institutional Buyers (QIB) are offered 6,26,000 shares in ARC Insulation IPO and 4,25,000 shares in Asston Pharmaceuticals IPO.

 ARC Insulation IPOAsston Pharmaceuticals IPO
Anchor Investor Reserveration9,37,000 shares6,35,000 shares
Market Maker Reserveration1,65,000 shares1,13,000 shares
QIB6,26,000 shares4,25,000 shares
NII4,71,000 shares3,22,000 shares
RII10,96,000 shares7,46,000 shares
Employee0 shares0 shares
Others
Total31,30,000 shares21,28,000 shares

Bids Received (Subscription)

ARC Insulation IPO subscribed 18.71x in total, whereas Asston Pharmaceuticals IPO subscribed 186.55x.

 ARC Insulation IPOAsston Pharmaceuticals IPO
QIB (times)15.12x85.76x
NII (times)26.84x353.14x
Big NII (times)29.26x424.47x
Small NII (times)22.01x210.85x
RII (times)17.27x172.06x
Employee (times)
Other (times)
Total (times)18.71x186.55x