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News Details

( As on 18/08/2025 18:30)

ARC Insulation announces launch of initial public offering

ARC Insulation & Insulators Ltd. has announced public offering of 3295000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 115.00 per share. The gross proceeds of the issue are expected to be Rs 4,118.75 lakhs.

The company's initial public offer (IPO) will open on 21 August 2025 and is expected to close on 25 August 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 119.00-125.00 per share.

The IPO includes a fresh Issue of 3295000 Equity Shares of the Company at an price of Rs 125.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

ARC Insulation & Insulators Ltd. anticipates using the proceeds of the issue for .

Gretex Corporate Services Ltd. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.