ARC Insulation & Insulators IPO
ARC Insulation & Insulators Limited · Industrial Composites (GFRP/FRP)
- Price band
- ₹119–125per share
- Issue size
- 32,95,000 sharesAmount set with price
- Face value
- ₹10per equity share
- Lot size
- To be announcedMin. investment shown once set
- Anchor biddingWed, 2025
- OpensThu, 2025
- ClosesMon, 2025
- AllotmentTue, 2025
- ListingFri, 2025
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- 30,45,000 shares
- Offer for sale
- 2,50,000 shares
- Total issue
- 32,95,000 shares
- Market maker portion
- 1,65,000 shares
- Face value
- ₹10
- Listing at
- NSE Emerge
- RHP date
- 16 Aug 2025
Source: Red Herring Prospectus dated 16 Aug 2025Updated
Reservation
Share of the total issue- Market maker100.0%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | — | — | 35% |
| Non-institutional investors (NII) | — | — | 15% |
| Qualified institutional buyers (QIB) | — | — | 50% |
| Market maker | 1,65,000 | — | — |
Source: Red Herring Prospectus dated 16 Aug 2025Updated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2024-25, pre-issue- EPS (basic)
- ₹12.15
- NAV per share
- ₹34.78
- RoNW
- 45.47%
- EBITDA margin
- 38.22%
- PAT margin
- 26.18%
Source: Red Herring Prospectus dated 16 Aug 2025Updated
Financials
Standalone, restated · ₹ crore| Period ended | 31 Mar 202512 months | 31 Mar 202412 months | 31 Mar 202312 months |
|---|---|---|---|
| Revenue from operations | 32.72 | 28.45 | 23.98 |
| Total income | 33.15 | 28.83 | 24.48 |
| EBITDA | 12.50 | 9.05 | 4.29 |
| Profit after tax | 8.57 | 6.10 | 2.64 |
| Net worth | 25.22 | 12.45 | 6.35 |
| Reserves and surplus | 17.97 | 10.74 | 4.64 |
| Total assets | 39.30 | 22.42 | 18.27 |
| Total borrowing | 5.97 | 2.78 | 5.30 |
12 months vs 12 months: revenue +15.0%, profit after tax +40.3%.
Source: Red Herring Prospectus dated 16 Aug 2025Updated
About the company
The company makes glass fibre reinforced polymer (GFRP/FRP) composite products such as rebars, gratings, pipes, tubes, cable trays and transformer fencing. These are offered as corrosion-resistant substitutes for steel and concrete in infrastructure, power, chemical, mining and marine uses. It runs one manufacturing plant in West Bengal and also took over a promoter's earlier sole proprietorship business in 2009.
- Incorporated
- 2008
- Industry
- Industrial Composites (GFRP/FRP)
- CIN
- U18109WB2008PLC129263
- Website
- arcinsulations.com
Source: Red Herring Prospectus dated 16 Aug 2025Updated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| M/s. Swabhumi Distributors Private Limited | Promoter | 23.44% | — | — |
| Ms. Neelam Bajoria | Promoter | 17.04% | — | — |
| M/s. Manish Bajoria (HUF) | Promoter | 1.93% | — | — |
| Mr. Ashish Bajoria | Promoter | 0.01% | — | — |
| Mr. Aman Bajoria | Promoter group | 1.10% | — | — |
| Ms. Premlata Bajoria | Promoter group | 0.01% | — | — |
| Mr. Manish Bajoria | Selling shareholder | 50.95% | — | 2,50,000 |
Source: Red Herring Prospectus dated 16 Aug 2025Updated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Capital expenditure for setting up a new manufacturing unit | 8.16 |
| Purchase of new office space | 3.06 |
| Repayment/pre-payment of certain debt facilities including bridge finance | 1.18 |
| Working capital requirements | 16.35 |
| General corporate purposes | Set with price |
Source: Red Herring Prospectus dated 16 Aug 2025Updated
Strengths and risks
Our summary of what the offer document statesStrengths
- Long operating history since 2008 in GFRP/FRP composite products.
- Product range serves several industries including infrastructure, power and marine.
- Revenue and profit grew across the three restated years shown.
- ISO 9001:2015 certified manufacturing with in-house quality testing.
- Offers a steel substitute with corrosion resistance and lower carbon footprint, per the company.
Risks
- Dependence on polymers and glass fibre raw materials, with part of supply imported and exposed to currency moves.
- High inventory and receivable days that tie up cash flow.
- Revenue concentration among a small number of customers.
- Use of proceeds depends on acquiring industrial land that is not yet registered in the company's name.
- Restated financials were prepared by a peer reviewed auditor who is not the statutory auditor, and the company could not trace some past bank statements.
Source: Red Herring Prospectus dated 16 Aug 2025Updated
Contacts
Source: Red Herring Prospectus dated 16 Aug 2025Updated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: Red Herring Prospectus dated 16 Aug 2025Updated
After listing
Listing price, day-one high and low, and the change from the issue price (set at allotment) appear here after the shares list on NSE Emerge.
Frequently asked questions
When does the ARC Insulation & Insulators IPO open and close?
According to the Red Herring Prospectus, the issue opens on Thursday, 21 August 2025 and closes on Monday, 25 August 2025.
What is the ARC Insulation & Insulators IPO price band?
The price band is ₹119–125 per share, with a face value of ₹10.
Where will ARC Insulation & Insulators shares list?
On NSE Emerge. The tentative listing date is Friday, 29 August 2025.
Who is the registrar of the issue?
Maashitla Securities Private Limited (SEBI registration INR000004370). Allotment status is checked on the registrar's website.
How do I check the ARC Insulation & Insulators IPO allotment status?
The basis of allotment is expected to be finalised on Tuesday, 26 August 2025. After that, search by PAN, application number or DP/client ID on the registrar's website (Maashitla Securities Private Limited). Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹8.16 Cr for capital expenditure for setting up a new manufacturing unit, ₹3.06 Cr for purchase of new office space, ₹1.18 Cr for repayment/pre-payment of certain debt facilities including bridge finance, ₹16.35 Cr for working capital requirements, and the rest for the other stated purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.