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Issue Open Date
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21-Aug-25
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Issue Closing Date
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25-Aug-25
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Application Money
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100
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Allotment Money
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Price Band
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119
-
125
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Minimium Application No.
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2000
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Issue Size (Shares)
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2358000
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Market Lot
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1
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Objective
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Our Company intends to utilize the Net Fresh Offer proceeds for the following Objects (“Objects of the Offer”):i. Capital Expenditure towards set up of New Manufacturing unit.ii. Purchase of New Office Spaceiii. Repayment/Pre-payment of Certain Debt Facilitiesiv. Working Capital Requirementsv. General Corporate Purposes
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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12808000
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Qualified Institutional Buyers
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9467000
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Retail Individual Investors
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18926000
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|
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Business Description
Our Company incorporated on September 10, 2008, specializes in the manufacturing and supply of Glass Fiber ReinforcedPolymers (“GFRP”)/Fiber Reinforced Polymers Products (“FRP”) composite/constituency products which providescorrosion-resistant, tensile strength and insulating Glass Fiber Reinforced Polymer (GFRP) solutions which can be usedas a substitute for steel bars/rebars. We produce dent-resistant, low thermal expansion, corrosion resistant, and insulatingGFRP. Our offerings include GFRP Rebars, GFRP Granting Walkways, GFRP Pipelines, GFRP Tubes, GFRP Fencingfor Transformers, GFRP Cable Trays, and other related products designed for industrial, energy and marine’s sectorsconstruction and industrial applications. In addition to our core business, the company acquired the ongoing business ofour promoter, ‘M/s ARC Insulation & Insulators,’ a sole proprietorship, through a business transfer agreement dated June01, 2009. Under our brand name “ARC”, we supply our products for application in diverse industries includingInfrastructure, Power, Cooling Tower, Chemical, Composite, Electrical Substation, Mining and others. For moreinformation, please refer to the section titled “History and Other Corporate Matters” starting on page 180 of this DraftRed Herring Prospectus.We have one manufacturing plant which is located at Ramdevpur Village, Parganas South (West Bengal) (“ManufacturingFacility”). Our Manufacturing Facility has separate seamless and welded divisions with latest product-specific equipmentand machineries including Universal Testing Machine, Electronic Extensometer, GFRP Rock Bolt Making Machine,APC-2.01, Aluminium Casting Heater, 4-2 Boring Deptyhal etc. Further, we have a storage facility at our ManufacturingFacility for the purposes of holding inventories of raw material as well as finished products which ensures stability ofoperations.
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Promoter's Holding
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Total Share Capital
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6852080
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Offered to Public
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2539800
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Promoter's Holding (Pre-Issue)
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94.48
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Promoter's Holding (Post-Issue)
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Address |
Village - Ramdevpur P O- Bawali Bishnupur 2 Parganas South
Bishnupur,
West Bengal,
743384
Phone : 6293761074
Email : info@arcinsulations.com
Website : www.arcinsulations.com
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Registrar |
Maashitla Securities Pvt Ltd.
451 Krishna Apra Business Square Netaji Subhash Place Pitampura New Delhi
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Listed at |
NSE
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Lead Manager |
Gretex Corporate Services Ltd.
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Promoters |
Ashish Bajoria Manish Bajoria Manish Bajoria Huf Neelam Bajoria Swabhumi Distributors Pvt Ltd.
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