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

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 Date | 21 to 25 Aug, 2025 |
| Listed on | Fri, Aug 29, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹119 to ₹125 |
| Issue Price | ₹125 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 32,95,000 shares (agg. up to ₹41 Cr) |
| Reserved for Market Maker | 1,65,000 shares Gretex Share Broking Pvt.Ltd. (agg. up to ₹2 Cr) Nikunj Stock Brokers Ltd. |
| Fresh Issue (Ex Market Maker) | 28,80,000 shares (agg. up to ₹36 Cr) |
| Offer for Sale | 2,50,000 shares of ₹10 (agg. up to ₹3 Cr) |
| Net Offered to Public | 31,30,000 shares (agg. up to ₹39 Cr) |
| Share Holding Pre Issue | 72,52,380 shares |
| Share Holding Post Issue | 1,02,97,380 shares |
| NSE Symbol | ARCIIL |
| ISIN | INE0YDV01010 |
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 | 15,63,000 | 49.94% | 47.44% |
| − Anchor Investor Shares Offered | 9,37,000 | 28.44% | |
| − QIB (Ex. Anchor) Shares Offered | 6,26,000 | 19.00% | |
| NII (HNI) Shares Offered | 4,71,000 | 15.05% | 14.29% |
| − bNII > ₹10L | 3,14,000 | 9.53% | |
| − sNII < ₹10L | 1,57,000 | 4.76% | |
| Retail Shares Offered | 10,96,000 | 35.02% | 33.26% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,65,000 | 5.01% | |
| Total Shares Offered | 32,95,000 | 100.00% | 100.00% |
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 |
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 Date | Wed, Aug 20, 2025 |
| Shares Offered | 9,37,000 |
| 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 |
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
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 Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 39.30 | 22.42 | 18.27 |
| Total Income | 33.15 | 28.83 | 24.48 |
| Profit After Tax | 8.57 | 6.10 | 2.64 |
| EBITDA | 12.50 | 9.05 | 4.29 |
| NET Worth | 25.22 | 12.45 | 6.35 |
| Reserves and Surplus | 17.97 | 10.74 | 4.64 |
| Total Borrowing | 5.97 | 2.78 | 5.30 |
| Amount in ₹ Crore | |||
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 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 45.47% |
| ROCE | 49.84% |
| Debt/Equity | 0.24 |
| RoNW | 45.47% |
| PAT Margin | 26.18% |
| EBITDA Margin | 38.22% |
| Price to Book Value | 3.59 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 11.81 | 8.32 |
| P/E (x) | 10.58 | 15.03 |
| Promoter Holding | 94.48% | 64.11% |
| Market Cap | ₹128.72 Cr. |
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)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 15.12 | 6,26,000 | 94,67,000 | 16 |
| NII* | 26.84 | 4,71,000 | 1,26,43,000 | 1,894 |
| bNII (bids above ₹10L) | 29.26 | 3,14,000 | 91,87,000 | |
| sNII (bids below ₹10L) | 22.01 | 1,57,000 | 34,56,000 | |
| Individual Investors | 17.27 | 10,96,000 | 1,89,26,000 | 9,463 |
| Total | 18.71 | 21,93,000 | 4,10,36,000 | 11,373 |
Total Application : 11,373
*Market Maker portion is not included to NII/HNI.
| # | 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 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹125.00 |
| Open | ₹145.00 |
| Low | ₹137.75 |
| High | ₹145.00 |
| Last Trade | ₹137.75 |
Lead Manager Reports
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
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.