Current Infraprojects IPO...
20 Aug, 2025
ARC Insulation & Insulators IPO
ARC Insulation & Insulators Ltd. will list on NSE Emerge through an SME IPO. The offer window is open from August 21 to August 25, 2025, allocation on August 26, 2025 with the tentative listing date on August 29. The ARC Insulation IPO is issuing 32,95,000 shares in total amounting to ₹41.19 crore, including Fresh Issue of 30,45,000 shares and Offer for Sale of 2,50,000 shares. The lot size is 1,000 shares and the minimum retail application is 2,000 shares (i.e., two lots) at ₹2,50,000 of the upper band. The book-running lead manager is Gretex Corporate Services, and the registrar is Maashitla Securities Pvt. Ltd.
Company Background
Established in 2008, ARC Insulation & Insulators is now a public company. ARC is a Fibre Reinforced Polymer(GFRP) and Glass Reinforced(GRP) composite components maker. These components are used where electrical insulation, corrosion resistance, and high tensile strength are vital, thus providing a substitute for metals in target industrial infrastructure applications. The firm markets under the “ARC” brand and it has grown from proprietorship to an organized producer with a market place in local and export markets to match.
Operations & Product Range
Facility & Production
The company operates as a manufacturing-led organization with in-house design and fabrication capabilities for composite products, emphasizing engineered specifications and consistency. Its processes are tuned for industrial environments and project-driven requirements across sectors such as infrastructure, power, cooling systems, marine, and process industries.
Brands & Market Presence
ARC markets its products under the “ARC” brand to industrial/customers as well as through distributors/stockists across India. Firms are now realizing that composites as an alternative worth considering in environments that are either highly corrosive or electrically highly sensitive. The company's exports are to special international niche markets based on the last decade's contacts, implying recognition in particular cases abroad. The product portfolio includes GFRP rebars, structural gratings and walkways, tubes and pipelines, fencing solutions for transformers and electrical yards, cable trays, and related composite accessories.
Revenue Channels
- Domestic Company Sales of Composite Products to Large Industrial Users
- Expand the reach of distribution channels by selling via traders/stockists
- Export sales to certain foreign markets
Management & Shareholding
Promoters & Their Shareholding
The company's promoters consist of Mr. Manish Bajoria, M/s. Swabhumi Distributors Pvt. Ltd. Neelam Bajoria, M/s. Manish Bajoria HUF Ashish Bajoria. Before the initial public offering, the promoter and promoter group together control the company's majority stake, around 94.48%.
Board Members & Key Management
The board is compact as required for a smaller enterprise's governance, with a Managing Director, non-executive directors (including independent directors where required), and boards such as Audit, Nomination & Remuneration, and Stakeholders' Relationship.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
ARC Insulation & Insulators IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
ARC Insulation & Insulators IPO Details
| Detail | Description |
|---|---|
| IPO Date | August 21, 2025 to August 25, 2025 |
| Listing Date | - |
| Face Value | ₹10 per share |
| Issue Price Band | ₹119 to ₹125 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 32,95,000 shares (aggregating up to ₹41.19 Cr) |
| Reserved for Market Maker | 1,65,000 shares (aggregating up to ₹2.06 Cr) Gretex Share Broking Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 28,80,000 shares (aggregating up to ₹36.00 Cr) |
| Offer for Sale | 2,50,000 shares of ₹10 (aggregating up to ₹3.13 Cr) |
| Net Offered to Public | 31,30,000 shares (aggregating up to ₹39.13 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 72,52,380 shares |
| Share Holding Post Issue | 1,02,97,380 shares |
ARC Insulation & Insulators IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Thu, Aug 21, 2025 |
| IPO Close Date | Mon, Aug 25, 2025 |
| Tentative Allotment | Tue, Aug 26, 2025 |
| Initiation of Refunds | Thu, Aug 28, 2025 |
| Credit of Shares to Demat | Thu, Aug 28, 2025 |
| Tentative Listing Date | Fri, Aug 29, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 25, 2025 |
ARC Insulation & Insulators IPO Lot Size
| 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 & Insulators IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Share Holding Pre Issue | 94.48% |
| Share Holding Post Issue | - |
Competitive Strength:
- ● Specialization in GFRP/FRP composites for corrosion resistance, insulation, and strength
- ● Diversified end-markets spanning infrastructure, power, cooling systems, marine, chemicals, and substations
- ● Brand-led presence with a mix of direct institutional sales and channel partners, alongside measured exports
- ● Manufacturing-led model emphasizing engineering consistency and application-specific performance
ARC Insulation & Insulators IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 39.3 | 33.15 | 8.57 | 25.22 | 5.97 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 22 | 29 | 6 | 12 | 2.78 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 18.27 | 24.48 | 2.64 | 6.35 | 5.3 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| 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 (Rs) | 11.81 | 8 |
| P/E (x) | 10.58 | 15 |
Objectives of ARC Insulation IPO
- Working capital funding to support scale-up and project-driven order cycles
- Capital expenditure for capacity, tooling, and process improvements
- General corporate purposes to strengthen operations, brand, and distribution
- Offer for Sale to provide liquidity to a selling shareholder (no proceeds to the company from OFS)
Conclusion
ARC Insulation & Insulators IPO operates in a focused composites niche in GFRP/FRP, operating in a highly focused composites market segment where metals can give great long-term Life-Cycle as well as performance benefits not possible otherwise. A brand-led nationwide push, some exports and a structured SME IPO where issue size, price band and lot size are clear, it offers exposure to the composites-led industrial demand.
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Frequently asked Questions (FAQs )
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● What are the ARC Insulation IPO dates and listing timeline?
The issue is scheduled for 21–25 August 2025, with allotment on 26 August 2025 and tentative listing on 29 August 2025.
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● What is the total issue size and breakup?
The total issue size is 32,95,000 shares (₹39.21–₹41.19 crore), including a Fresh Issue of 30,45,000 shares and an OFS of 2,50,000 shares.
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● What is the minimum retail application amount?
The minimum retail application is 2,000 shares (two lots) at ₹2,50,000 of the upper band, and the lot size is 1,000 shares.
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● Who are the ARC Insulation IPO promoters?
The promoter group includes Mr. Manish Bajoria, M/s. Swabhumi Distributors Pvt. Ltd., Ms. Neelam Bajoria, M/s. Manish Bajoria HUF, and Mr. Ashish Bajoria.
