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ARC Insulation & Insulators Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares 2539800
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

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.

Projects

1. Project Name: Capital Expenditure towards set up of Factory shed for New Manufacturing unit

Project Cost: 35.738

2. Project Name: Capital Expenditure towards Purchase of Plant & Machinery for New Manufacturing unit

Project Cost: 37.722

3. Project Name: Purchase of New Office Space

Project Cost: 44.365

4. Project Name: Repayment/Pre-payment of Certain Debt Facilities

Project Cost: 15.327

5. Project Name: Working Capital Requirements

Project Cost: 427.718

Promoters

Prmoters Name

1. Manish Bajoria

2. Swabhumi Distributors Pvt Ltd.

3. Neelam Bajoria

4. Manish Bajoria Huf

5. Ashish Bajoria

Prmoters Holdings
  • Pre Share Capital: 6852080
  • Pre Promoter Holding: 94.48
  • Offer to Public: 2539800
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Data not availble

Lead Managers

  • Gretex Corporate Services Ltd.

Subscription Details