Initial public offer of upto 32,95,000* equity shares of face value of Rs.10/- each (the "Equity Shares") of ARC Insulation & Insulators Limited ("the Company" or "the Offer") at an offer price of Rs. 125 per equity share for cash, aggregating up to Rs. 41.19 crores comprising of fresh offer of upto 30,45,000 equity shares aggregating to Rs. 38.06 crores ("Fresh Offer") and an offer for sale of upto 2,50,000 equity shares by Manish Bajoria ("Selling Shareholder") aggregating to Rs. 3.13 crores ("Offer for Sale") ("Public Offer"). The offer includes a reservation of upto 1,65,000 equity shares of face value of Rs.10/- each, at an offer price of Rs. 125 per equity share for cash, aggregating Rs. 2.06 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. net offer of upto 31,30,000 equity shares of face value of Rs.10/- each, at an offer price of Rs. 125 per equity share for cash, aggregating upto
Rs. 39.13 crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute [*] % and [*] % respectively of the post-offer paid-up equity share capital of the company.