Royalarc Electrodes IPO GMP Live, Open Date, Close Date, Price Band

Royalarc Electrodes IPO open date is from February 14, 2025 to February 18, 2025. This new IPO is a book-built issue of 30,00,000 equity shares worth up to Rs 36 crores. This upcoming IPO is offering a combination of fresh issues and offers for sale. The fresh issue of up to 18,00,000 equity shares amounting to Rs 21.60 crore, and offers for sale of up to 12,00,000 equity shares amounting to Rs 14.40 crore. 

Royalarc Electrodes IPO price band is Rs 114 to Rs 120 per share. As of now, Royalarc Electrodes IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.

Royalarc Electrodes IPO lot size is 1200 shares, and the allotment status will be finalised on Wednesday, February 19, 2025, the minimum investment for retail investors is 1 lot, which is Rs 1,44,000. The registrar for Royalarc Electrodes IPO is Kfin Technologies Limited. The listing date is Friday, February 21, 2025.

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Royalarc Electrodes IPO GMP Live

Royalarc Electrodes IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 120 per share. You can check the latest IPO Grey Market Premium today online.

If the subscription is oversubscribed, then Royalarc Electrodes IPO GMP might rise in the coming days. Royalarc Electrodes IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% to 15% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes are below 10% premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the Royalarc Electrodes IPO, GMP is expected to quote the initial ticks at a premium of 10% or above.

Royalarc Electrodes IPO Price Band

Royalarc Electrodes IPO price band is Rs 114 to Rs 120 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,44,000 (120 x 1200 shares). However, for the HNI category, the minimum investment amount required is 2,88,000 (120 x 2400 shares).

Royalarc Electrodes Allotment Status

Royalarc Electrodes IPO Allotment status will be available on its registrar Kfin Technologies Limited website on Wednesday, February 19, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

Royalarc Electrodes Listing Date

Royalarc Electrodes IPO listing date has been decided on Friday, February 21, 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Royalarc Electrodes IPO: Listing Date, Lot Size, Issue Size, Price Band

Royalarc Electrodes IPO: About the Company

Royalarc Electrodes Limited, established in 1996, is a manufacturer and exporter of welding consumables, including welding electrodes, flux-cored welding wires, and CO2 MIG wires. The company serves diverse industries such as railways, roadways, airports, refineries, and shipbuilding.

With a state-of-the-art facility in Gujarat spanning 269,198 sq. ft., Royalarc produces both standardised and customised products, exporting to over 20 countries. Their products are certified by ABS, IBR, and BIS. Royal Arc is ISO 9001:2015 certified.

Royalarc Electrodes Limited has 144 employees as of December 31, 2024. Royal Arc is committed to innovation and customer satisfaction, offering high-quality products and services.

Royalarc Electrodes IPO Objectives

Royalarc Electrodes IPO objectives include utilising the funding received from the fresh issue into funding towards the expansion of the manufacturing facility situated at village Zaroli, Umbergaon Valsad, Gujrat Bharat, towards the working capital requirements of the company and to meet general corporate purposes.

Royalarc Electrodes IPO: Key Dates, Allotment, Listing Date

Royalarc Electrodes IPO Subscription status, IPO Reservation

Royalarc Electrodes IPO subscription reservations are as follows: not more than 50% of the net issue is reserved for QIB (Qualified Institutional Buyers), not less than 35% for the retail investors and not more than 15% for the HNI category is reserved.

Royalarc Electrodes IPO Lot Size Details

Royalarc Electrodes IPO lot size is set at 1200 shares per lot. The minimum amount required for retail investors to participate in this IPO is Rs 1,44,000 (120 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,88,000 (120 x 2400 shares).

Royalarc Electrodes IPO Promoter Holdings

Royalarc Electrodes IPO promoters are Bipin Sanghvi, Tarulata Sanghvi, Hardik Sanghvi and Swagat Sanghvi. The promoter's combined shareholdings before the IPO was 99.99%; however, post-IPO, their shareholdings will decline to 72.96%.

Royalarc Electrodes Limited Financials (Amt in Rs cr)

Lead Manager and Registrar of Royalarc Electrodes IPO

Royalarc Electrodes's lead manager is Fedex Securities Advisors Private Limited. The company has appointed Kfin Technologies Limited as the registrar for this public issue.

How to apply to the Royalarc Electrodes IPO

Interested investors who want to apply to the Royalarc Electrodes IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

Royalarc Electrodes IPO FAQs

1. What are the core details available of the Royalarc Electrodes IPO?

Royalarc Electrodes IPO is a book-built issue worth up to Rs 36 crores. The price band for this IPO is Rs 114 to Rs 120 per share. This upcoming IPO is offering a combination of a fresh issue of up to 18 lakh equity shares and an offer for sale of up to 12 lakh equity shares.

2. What is the Royalarc Electrodes IPO open date and close date?

Royalarc Electrodes IPO subscription opens on Friday, February 14, 2025, and closes on Tuesday, February 18, 2025.

3. What is Royalarc Electrodes IPO GMP Live?

Royalarc Electrodes IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 120 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

Royalarc Electrodes IPO Allotment status is available on its registrar, Kfin Technologies Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers of Royalarc Electrodes IPO?

Royalarc Electrodes's IPO lead manager is Fedex Securities Advisors Private Limited. The company has appointed Kfin Technologies Limited as the registrar for this public issue.

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• What is IPO GMP?
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• Difference between SME IPO and Mainline IPO?