Royal Arc Electrodes Limited

14 Feb 2025 - 18 Feb 2025 Individual Category SME NSE

Min Investment

₹144000

Price Band

₹114-₹120

Issue Size

21.6 lakhs
Equity Shares

Lot Size

1200

IPO Dates
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14 Feb 2025

Open Date

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18 Feb 2025

Close Date

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19 Feb 2025

Allotment Date

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24 Feb 2025

Listing Date

Royalarc Electrodes IPO open date is from February 14, 2025, to February 18, 2025. This new IPO is a book-built issue of 21.6 lakh Equity Shares. 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.

Know Before Investing

Strengths icon

  • Diverse welding product portfolio serving multiple industrial sectors.
  • Strong international presence exporting to 20+ countries.
  • Multiple quality certifications including ABS IBR and BIS

Weaknesses icon

  • Small workforce of only 144 permanent employees.
  • Manufacturing limited to single facility in Gujarat.
  • Currently not manufacturing MIG/TIG wires due to market conditions.

About Royal Arc Electrodes Limited

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.

Founded

1996

Managing Director

Bipin Sanghvi

Parent Organization

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.

Company Promoters

Bipin Sanghvi

Tarulata Sanghvi

Hardik Sanghvi

Swagat Sanghvi.

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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