ARC Insulation ipo a family-owned business based in Romeoville, Illinois, providing home insulation services across Naperville and the greater Chicagoland area. They’ve been operating since 1993 and have served over 30,000 homes
📊 ARC Insulation IPO 2025 Details
Particulars
Details
IPO Type
Book Built Issue
IPO Size
₹41.19 Crores
Fresh Issue
0.30 crore shares (₹38.06 Cr)
Offer for Sale (OFS)
0.03 crore shares (₹3.13 Cr)
Price Band
₹119 – ₹125 per share
Lot Size
1,000 shares
Minimum Investment (Retail)
₹2,38,000 (2 lots = 2,000 shares)
Minimum Investment (HNI/NII)
3 lots = 3,000 shares = ₹3,75,000
Listing Exchange
NSE SME
🏦 ARC Insulation IPO 2025 Lead Details
Book Running Lead Manager (BRLM): Gretex Corporate Services Ltd.
Energy Assessments & Modeling: Home performance evaluations, compliance modeling for new construction, and 45L tax credit consulting ARC Insulation |Better Business Bureau.
Indoor Air Quality (IAQ): Improving overall home air quality.
Incentives & Rebates: Expertise in qualifying clients for federal tax credits (e.g., 25C insulation credit ending in 2026) and utility rebates like Nicor Gas Energy Efficiency Program ARC Insulation |Better Business Bureau.
Credibility & Recognition
BBB Accredited, A+ rating, in business since 1993 (incorporated in 1995) with about 30 employees Better Business Bureau.
Holds certifications including BPI, RESNET, Energy Star, LEED, and is recognized as a Home Performance with ENERGY STAR contractor LinkedInBetter Business BureauHome Advisor.
Has earned multiple awards—Department of Energy Century Club Award, Best Pick Reports (2016–2023), and high ratings from Angi and HomeAdvisor LinkedInBetter Business BureauHome Advisor.
Customer Feedback
Angi (formerly Angie’s List): Rated 4.8/5 from 66 reviews—praised for professionalism, cleanliness, free estimates, warranties, and financing options Angi.
HomeAdvisor: Rated 4.9/5 from 43 verified reviews. Multiple testimonials cite expert energy audits, cleanliness, responsiveness, reliability, and fair pricing Home Advisor.
Summary Table
Category
Details
Years in Business
Since 1993 (incorporated in 1995)
Location
Romeoville, IL (serves Chicagoland area)
Core Services
Insulation, air sealing, mold remediation, energy assessments
Certifications & Affiliations
BBB A+, BPI, RESNET, ENERGY STAR, LEED, utility rebate programs
Reputation
Highly rated (4.8–4.9) with strong customer reviews
Incentives Expertise
Knowledgeable about tax credits (e.g., insulation 25C ending in 2026), utility rebates
Manufacturing Unit: Ramdevpur Village, Parganas South, West Bengal.
Certifications: ISO 2015, in-house testing facilities.
Employees: 8 engineers and specialists.
Strengths: Wide range of corrosion-resistant GFRP products, domestic & international presence, superior material quality, consistent compliance with standards.
📊 IPO Details
Particulars
Details
IPO Type
Book Building Issue
IPO Size
₹41.19 Cr (32,95,000 shares)
Fresh Issue
28,80,000 shares (₹36.00 Cr)
Offer for Sale (OFS)
2,50,000 shares (₹3.13 Cr)
Face Value
₹10 per share
Price Band
₹119 – ₹125
Lot Size
1,000 shares
Minimum Retail Investment
2 lots = 2,000 shares = ₹2,50,000
Listing At
NSE SME
Pre-Issue Shares
72,52,380
Post-Issue Shares
1,02,97,380
Market Cap (Post IPO)
₹128.72 Cr
📅 Important Dates
Event
Date
Anchor Bidding
Aug 20, 2025
IPO Opens
Aug 21, 2025
IPO Closes
Aug 25, 2025
Allotment Finalization
Aug 26, 2025
Refunds / Demat Credit
Aug 28, 2025
Listing Date (Tentative)
Aug 29, 2025
🏦 Issue Reservation
Investor Category
Shares Offered
% of Issue
Anchor Investors
9,37,000
28.44%
QIB (Ex-Anchor)
6,26,000
19.00%
QIB (Total)
15,63,000
47.44%
NII (HNI)
4,71,000
14.29%
Retail Investors
10,96,000
33.26%
Market Maker
1,65,000
5.01%
💰 Objects of the Issue
Factory Shed (New Unit): ₹8.16 Cr
Purchase of Office Space: ₹3.06 Cr
Debt Repayment/Prepayment: ₹1.18 Cr
Working Capital: ₹16.35 Cr
General Corporate Purposes
📈 Financial Performance (₹ Cr)
Period
FY23
FY24
FY25
Assets
18.27
22.42
39.30
Revenue
24.48
28.83
33.15
EBITDA
4.29
9.05
12.50
PAT
2.64
6.10
8.57
Net Worth
6.35
12.45
25.22
Borrowings
5.30
2.78
5.97
Growth: Revenue up 15% YoY, PAT up 40% in FY25.
⚙️ Key Ratios
KPI
Value
ROE
45.47%
ROCE
49.84%
PAT Margin
26.18%
EBITDA Margin
38.22%
Debt/Equity
0.24
Pre-Issue P/E
10.58x
Post-Issue P/E
15.03x
Price/Book Value
3.59x
📊 Subscription Status (Day 1 – Aug 21, 2025)
Category
Subscribed (x)
Shares Offered
Shares Bid
QIB (Ex-Anchor)
3.50x
6,26,000
21,93,000
NII (HNI)
0.79x
4,71,000
3,72,000
– bNII (₹>10L)
0.66x
3,14,000
2,08,000
– sNII (₹<10L)
1.04x
1,57,000
1,64,000
Retail
1.85x
10,96,000
20,24,000
Total
2.09x
21,93,000
45,89,000
Applications
1,070
👤 Promoters
Mr. Manish Bajoria
Ms. Neelam Bajoria
Mr. Ashish Bajoria
Swabhumi Distributors Pvt. Ltd.
Manish Bajoria HUF
Pre-Issue Holding: 94.48% Post-Issue Holding: (to be diluted proportionately)
🔎 Expert Review
Business model focused on niche GFRP/FRP composites.
