ARC Insulation & Insulators IPO Details

Bookbuilding IPO | ₹41 Cr | Listed at NSE SME | Thu, Aug 21, 2025 - Mon, Aug 25, 2025

ARC Insulation IPO Logo

ARC Insulation IPO is a book build issue of ₹41.19 crores. The issue is a combination of fresh issue of 0.30 crore shares aggregating to ₹38.06 crores and offer for sale of 0.03 crore shares aggregating to ₹3.13 crores.

ARC Insulation IPO bidding started from Aug 21, 2025 and ended on Aug 25, 2025. The allotment for ARC Insulation IPO was finalized on Aug 26, 2025. The shares got listed on NSE SME on Aug 29, 2025.

ARC Insulation IPO price band is set at ₹125 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,50,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹3,75,000.

Gretex Corporate Services Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company areGretex Share Broking Pvt.Ltd., Nikunj Stock Brokers Ltd..

Refer to ARC Insulation IPO RHP for detailed Information.

IPO Open

Thu, Aug 21, 2025

IPO Close

Mon, Aug 25, 2025

Issue Price

₹125 per share

Market Cap (Pre-IPO)

₹128.72 Cr

IPO Details

IPO Date21 to 25 Aug, 2025
Listed onFri, Aug 29, 2025
Face Value10 per share
Price Band₹119 to ₹125
Issue Price₹125 per share
Lot Size1,000 Shares
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtNSE SME

Total Issue Size32,95,000 shares
(agg. up to ₹41 Cr)
Reserved for Market Maker
1,65,000 shares
(agg. up to ₹2 Cr)
Gretex Share Broking Pvt.Ltd.
Nikunj Stock Brokers Ltd.
Fresh Issue
(Ex Market Maker)
28,80,000 shares
(agg. up to ₹36 Cr)
Offer for Sale2,50,000 shares of ₹10
(agg. up to ₹3 Cr)
Net Offered to Public31,30,000 shares
(agg. up to ₹39 Cr)
Share Holding Pre Issue72,52,380 shares
Share Holding Post Issue1,02,97,380 shares
NSE Symbol ARCIIL
ISININE0YDV01010

IPO Timetable

Issue Reservation

ARC Insulation IPO comprises a total issue size of 32,95,000 shares. The net offer to the public is 31,30,000 shares, after excluding 1,65,000 shares allotted on a firm basis. Of the Net offer 15,63,000 (49.94%) are allocated to QIB, 4,71,000 (15.05%) allocated to NII 10,96,000 (35.02%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 15,63,00049.94%47.44%
  − Anchor Investor Shares Offered 9,37,00028.44%
  − QIB (Ex. Anchor) Shares Offered 6,26,00019.00%
NII (HNI) Shares Offered 4,71,00015.05%14.29%
  − bNII > ₹10L 3,14,0009.53%
  − sNII < ₹10L 1,57,0004.76%
Retail Shares Offered 10,96,00035.02%33.26%
Firm Reservations
Market Maker Shares Offered 1,65,0005.01%
Total Shares Offered 32,95,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. 

Application Lots Shares Amount
Individual investors (Retail) (Min) 2 2,000 ₹2,50,000
Individual investors (Retail) (Max) 2 2,000 ₹2,50,000
S-HNI (Min) 3 3,000 ₹3,75,000
S-HNI (Max) 8 8,000 ₹10,00,000
B-HNI (Min) 9 9,000 ₹11,25,000
IPO Subscription Details

IPO Anchor Investors

ARC Insulation IPO raises ₹11.71 crore from anchor investors. ARC Insulation IPO Anchor bid date is August 20, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateWed, Aug 20, 2025
Shares Offered9,37,000
Anchor Portion (₹ Cr.)11.71
Anchor lock-in period end date for 50% shares (30 Days)Sun, Sep 28, 2025
Anchor lock-in period end date for remaining shares (90 Days)Fri, Nov 28, 2025

About ARC Insulation & Insulators Ltd.

Incorporated in September 2008, Arc Insulation and Insulators Limited specializes in high-performance glass fiber reinforced polymer (GFRP) products, focusing on corrosion-resistant solutions for construction.

The company's offerings include GFRP rebars, tubes, gratings, and fencing, which are known for durability and lightweight strength.

The company's products find their application in infrastructure, power, cooling towers, chemical, composite, electrical substations, mining, etc.

The company implemented innovative GFRP applications in the chemical processing and marine construction sectors.

The company's manufacturing unit is in Ramdevpur Village, Parganas South, West Bengal. 

The company is ISO 2015 certified for designing, manufacturing, and supplying GFRP products.

It has a Universal Testing Machine and other equipment to ensure product quality meets customer specifications.

The company has eight employees, including Mechanical, Structural, Civil, and Quality Engineers, who monitor the quality of its products during production.

Competitive Strength

  • Wide range of GFRP products such as GFRP Rebars, grating walkways, tubes, fencing for transformers, cable trays, flue gas pipes, spray pipes, and trench covers for various industries including chemicals, infrastructure, power, marine, mining, and more.
  • Both Domestic and International presence.
  • Superior Material Quality.
  • Consistently meeting quality standards.
  • Design and manufacture various GFRP/FRP products in various shapes.
  • Enhanced Durability and Corrosion Resistance.

Company Financials (Restated)

ARC Insulation & Insulators Ltd.'s revenue increased by 15% and profit after tax (PAT) rose by 40% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets39.3022.4218.27
Total Income33.1528.8324.48
Profit After Tax8.576.102.64
EBITDA12.509.054.29
NET Worth25.2212.456.35
Reserves and Surplus17.9710.744.64
Total Borrowing5.972.785.30
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Capital Expenditure towards set up of Factory shed for New Manufacturing unit 8.16
2 Purchase of New Office Space 3.06
3 Repayment/Pre-payment of Certain Debt Facilities including Bridge Finance 1.18
4 Working Capital Requirements 16.35
5 General Corporate Purposes 2.94
Total 31.68

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)11.818.32
P/E (x)10.5815.03
Promoter Holding94.48%64.11%
Market Cap128.72 Cr.
The company's promoters are Mr. Manish Bajoria, M/s. Swabhumi Distributors Private Limited, Ms. Neelam Bajoria, M/s. Manish Bajoria HUF and Mr. Ashish Bajoria.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
AIIL specializes in the manufacturing and supply of GFRP/FRP to user industry. It marked growth in its top lines for the reported periods. The sudden jump in bottom lines from FY24 onwards raises eyebrows. It is operating in a highly competitive and fragmented segment. Well-informed/cash surplus investors may park moderate fund in this pricey issue for medium term.
Read detail review...

ARC Insulation IPO Recommendations

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ARC Insulation IPO Subscription Status (Bidding Detail)

The ARC Insulation IPO is subscribed 18.71 times on August 25, 2025 6:19:01 PM (Day 3). The public issue subscribed 17.27 times in the individual investors category, 15.12 times in the QIB category, and 26.84 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
QIB (Ex Anchor)15.126,26,00094,67,00016
NII*26.844,71,0001,26,43,0001,894
    bNII (bids above ₹10L)29.263,14,00091,87,000
    sNII (bids below ₹10L)22.011,57,00034,56,000
Individual Investors17.2710,96,0001,89,26,0009,463
Total18.7121,93,0004,10,36,00011,373

Total Application : 11,373

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Fees payable to BRLM and commission (including selling commission, brokerage and underwriting commission)^ 4.48
2 Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer and bidding/uploading charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs 0.05
3 Fees payable to Registrar to Issue 0.02
4 Market Making Fees 0.09
5 Fees payable to Regulators including Stock Exchange and other Intermediaries 0.05
6 Printing & Distribution Expenses 0.00
7 Marketing & Selling Expenses 1.59
8 Fees to Legal Counsel 0.02
9 Miscellaneous (including fees payable to auditors, consultants, market research firms and other professional agencies) 0.08

Listing Day Trading Information

Price DetailsNSE SME
Final Issue Price125.00
Open145.00
Low137.75
High145.00
Last Trade137.75

Check IPO Performance…

IPO Registrar

Maashitla Securities Pvt.Ltd.

Contact Details

ARC Insulation & Insulators Ltd. Address
Village - Ramdevpur
PO-Bawali Bishnupur 2
Parganas South, Bishnupur, 743384,
Bishnupur, West Bengal, 743384
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IPO FAQs

ARC Insulation IPO is a SME IPO of 32,95,000 equity shares of the face value of ₹10 aggregating up to ₹41 Crores. The issue is priced at ₹125 per share. The minimum order quantity is 1000.

The IPO opens on Thu, Aug 21, 2025, and closes on Mon, Aug 25, 2025.

Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in ARC Insulation IPO using UPI as a payment gateway. Zerodha customers can apply in ARC Insulation IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in ARC Insulation IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'ARC Insulation IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The ARC Insulation IPO opens on Thu, Aug 21, 2025 and closes on Mon, Aug 25, 2025.

ARC Insulation IPO lot size is 1000, and the minimum amount required for application is ₹2,50,000, with 2 lots being the minimum application size.

You can apply in ARC Insulation IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for ARC Insulation IPO will be done on Tuesday, August 26, 2025, and the allotted shares will be credited to your demat account by Thu, Aug 28, 2025. Check the ARC Insulation IPO allotment status.

The ARC Insulation IPO listing date is on Fri, Aug 29, 2025.

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