Arlen SA (ARL PW) is a Poland-based company specializing in the manufacturing of specialized fabrics for uses in protective clothing, uniforms, upholstery and others. Arlen SA plans to list on the Warsaw Stock Exchange on June 24, 2025, offering 7.74 million shares at PLN 35.00 per share, raising PLN 270.9 million (approximately $72.28 million). The company's valuation at the IPO price was 775 million zlotys. According to the company's CEO, they expect demand to grow as Poland increases spending on military equipment. All of the shares offered are primary shares, with the proceeds intended for the company. The managers for the offering were Bank Polska Kasa Opieki SA, Dom Maklerski Navigator SA, and Pekao Investment Banking SA.