ARC Insulation IPO is set to open on August 21, 2025, and will close on August 25, 2025. This is a Book-Build Issue, through which the company aims to raise around ₹41.19 crores, comprising a fresh issue of ₹38.06 crores and an offer for sale of up to 2,50,000 equity shares with a face value of ₹10 each.
The IPO price band has been fixed at ₹119 to ₹125 per share. The allotment quotas are divided as follows: Retail Investors – 35%, Qualified Institutional Buyers (QIB) – 50%, and High Net-worth Individuals (HNI) – 15%. The IPO allotment date is August 26, 2025, and the shares are expected to list on NSE on August 29, 2025.
Regarding financial performance, ARC Insulation reported revenue of ₹33.15 crores in 2025, up from ₹28.83 crores in 2024. The profit increased to ₹8.57 crores in 2025 compared to ₹6.10 crores in 2024. Based on these strong financials, investors are advised to consider applying for the IPO for long-term investment.
ARC Insulation IPO Date & Price Band Details
| Category | Details |
|---|---|
| IPO Open Date: | August 21, 2025 |
| IPO Close Date: | August 25, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹119 to ₹125 Per Share |
| Issue Size: | Approx ₹41.19 Crores |
| Fresh Issue: | Approx ₹38.06 Crores |
| Offer for Sale: | Approx 2,50,000 Equity Shares |
| Lot Size: | 1000 Shares |
| Issue Type: | Book-Build Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
ARC Insulation IPO Market Lot
The ARC Insulation IPO has a minimum lot size of 2,000 shares, requiring an application amount of ₹2,50,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹2,50,000 |
| Retail Maximum | 2 | 2,000 | ₹2,50,000 |
| S-HNI Minimum | 3 | 3,000 | ₹3,75,000 |
| S-HNI Maximum | 8 | 8,000 | ₹10,00,000 |
| B-HNI Minimum | 9 | 9,000 | ₹11,25,000 |
ARC Insulation IPO Allotment & Listing Dates
The ARC Insulation IPO opens on August 21 and closes on August 25. The allotment will be finalized on August 26, and the listing is scheduled for August 29.
| Type | Date |
|---|---|
| IPO Open Date: | August 21, 2025 |
| IPO Close Date: | August 25, 2025 |
| Basis of Allotment: | August 26, 2025 |
| Refunds: | August 28, 2025 |
| Credit to Demat Account: | August 28, 2025 |
| IPO Listing Date: | August 29, 2025 |
ARC Insulation IPO: Promoters
The promoters of the company are Mr. Manish Bajoria, M/s. Swabhumi Distributors Private Limited, Ms. Neelam Bajoria, M/s. Manish Bajoria HUF, and Mr. Ashish Bajoria.
ARC Insulation IPO Company Financial Report
The company reported a revenue of ₹33.15 crores in 2025, up from ₹28.83 crores in 2024. The profit stood at ₹8.57 crores in 2025, compared to ₹6.10 crores in 2024.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
|---|---|---|---|---|
| 2023 | ₹24.48 | ₹20.95 | ₹2.64 | ₹18.27 |
| 2024 | ₹28.83 | ₹20.68 | ₹6.10 | ₹22.42 |
| 2025 | ₹33.15 | ₹21.57 | ₹8.57 | ₹39.30 |
ARC Insulation IPO Valuation – FY2025
| KPI | Values |
|---|---|
| ROE: | 45.47% |
| ROCE: | 49.84% |
| EBITDA Margin: | 38.22% |
| PAT Margin: | 26.18% |
| Debt to equity ratio: | 0.24 |
| Earning Per Share (EPS): | ₹12.15 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 45.47% |
| Net Asset Value (NAV): | ₹34.78 |
ARC Insulation IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Aeron Composite Limited | 8.84 | 12.22 | 13.21 | NA | 215.31 Cr. |
Objects of the Issue – ARC Insulation IPO
- Capital expenditure for setting up a factory shed for the new manufacturing unit
- Purchase of new office space
- Repayment/Pre-payment of certain debt facilities, including bridge finance
- Working capital requirements
- General corporate purposes
ARC Insulation Company Overview, Strengths, and Risks
ARC Insulation and Insulators Ltd. is an Indian manufacturer of high-performance glass fiber-reinforced polymer (GFRP) and fiber-reinforced polymer (FRP) composite products. The company focuses on creating corrosion-resistant, lightweight, and durable alternatives to traditional materials like steel and concrete for various industries.
Company Overview
Founded in 2003, ARC Insulation & Insulators Ltd. specializes in manufacturing GFRP/FRP composite products using advanced techniques such as pultrusion. Its product range includes rebars, gratings, structural profiles, pipes, and cable trays. The company’s products are used in demanding environments within the construction, infrastructure, chemical processing, and marine sectors. With a presence across India and exports to over a dozen countries, the company has shown consistent financial growth in recent years.
Strengths
- Diverse Product Portfolio: ARC offers a wide range of GFRP products, from rebars for construction to gratings and ladders for industrial use, allowing it to cater to a broad and diversified customer base across multiple industries.
- Superior Product Performance: GFRP products have a high strength-to-weight ratio, are corrosion-resistant, and have a long service life, which often leads to lower lifetime costs compared to traditional materials. This makes them a compelling and sustainable choice for clients.
- Technological and Quality Focus: The company uses advanced manufacturing technologies like pultrusion and maintains an ISO 9001:2015 certification for its quality management systems, ensuring high-quality, consistent, and durable products.
- Financial Growth: ARC has demonstrated a consistent increase in revenue and profit after tax in recent years, reflecting strong operational performance and market demand.
Risks
- Raw Material Price Volatility: The company’s operating margins are highly susceptible to fluctuations in the prices of key raw materials like fiber and resins, which are often driven by global supply and demand.
- Dependence on End-User Industries: The company’s financial performance is closely tied to the investment climate and cyclicality of its end-user industries (e.g., infrastructure and construction). A downturn in these sectors could adversely affect demand.
- Operational Concentration: Operating a single manufacturing unit in West Bengal, India, makes the company vulnerable to operational and supply chain risks, such as natural disasters or labor issues, which could disrupt production.
- Market Competition: While it has a strong reputation, the company faces competition from other, often larger, composite manufacturers. This may create pressure on pricing and market share.
- Working Capital Requirements: The company’s business model involves extending credit to customers and maintaining inventory, which can lead to large working capital requirements. Any unexpected stretch in these operations could impact its liquidity.
ARC Insulation IPO Review
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ARC Insulation IPO Registrar
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
ARC Insulation IPO Lead Managers aka Merchant Bankers
- Gretex Corporate Services Ltd.
ARC Insulation Company Address
ARC Insulation & Insulators Ltd.
Village – Ramdevpur
PO-Bawali Bishnupur 2
Parganas South, Bishnupur, 743384,
Bishnupur, West Bengal, 743384
Phone: +91 62937 61074
Email: info@arcinsulations.com
Website: https://www.arcinsulations.com/
FAQs about ARC Insulation IPO
The IPO opens on August 21, 2025, and closes on August 25, 2025. The allotment is expected on August 26, 2025, and the listing is scheduled for August 29, 2025.
The IPO price band is set at ₹119 to ₹125 per share.
The minimum lot size for retail investors is 2,000 shares, requiring a minimum application amount of ₹2,50,000.
The total IPO size is approximately ₹41.19 crores, which includes a fresh issue of ₹38.06 crores and an offer for sale of 2,50,000 equity shares.
The shares are allocated as follows: 50% for Qualified Institutional Buyers (QIBs), 15% for High Net-worth Individuals (HNIs), and 35% for Retail Investors.
The shares of ARC Insulation & Insulators Ltd. will be listed on the NSE SME platform.
The proceeds from the IPO will be used for capital expenditure to set up a new manufacturing unit, purchase a new office space, repay certain debts, and meet working capital requirements.
ARC Insulation has shown strong financial growth, with revenue increasing from ₹28.83 crores in 2024 to ₹33.15 crores in 2025. Profit after tax also rose from ₹6.10 crores to ₹8.57 crores during the same period.
The promoters are Mr. Manish Bajoria, M/s. Swabhumi Distributors Private Limited, Ms. Neelam Bajoria, M/s. Manish Bajoria HUF, and Mr. Ashish Bajoria.
Maashitla Securities Pvt. Ltd. is the registrar for the IPO.
