Mumbai, Aug. 29 -- The scrip was listed at Rs 145, a premium of 16% over the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.
The counter hit a high of Rs 145 and a low of Rs 137.75. About 12.54 lakh shares of the company changed hands at the counter.
ARC Insulation & Insulators' IPO was subscribed 17.50 times. The issue opened for bidding on 21 August 2025 and it closed on 25 August 2025. The price band of the IPO was set at Rs 119 to 125 per share.
The IPO comprised 32,95,000 equity shares, including a fresh issue of 30,45,000 equity shares and offer for sale (OFS) of 2,50,000 equity shares.
The company intends to utilize the net proceeds for capital expenditure towards...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.