Royalarc Electrodes IPO Date, Review, Price, Allotment Details

Royalarc Electrodes IPO Details

Royalarc Electrodes IPO Market Lot

The Royalarc Electrodes IPO minimum market lot is 1200 shares with ₹1,44,000 application amount.

Royalarc Electrodes IPO Dates

The Royalarc Electrodes IPO date is February 14 and the close date is February 18. The Royalarc Electrodes IPO allotment will be finalized on February 19 and the IPO listing on February 24.

Promoters of Royalarc Electrodes IPO

The promoters of the company are Bipin Sanghvi, Tarulata Sanghvi, Hardik Sanghvi and Swagat Sanghvi.

About Royalarc Electrodes IPO

One of the well-known companies recognized for the manufacturing of welding consumables, Royalarc Electrodes was incorporated in 1996 in Mumbai, Maharashtra. Under the welding consumables, they provide products such as welding electrodes, flux cored wire, and MIG/TIG wires which are mainly used in the welding of tanks, boilers, heavy structures, beams, pipes, cylinders, pressure vessels, etc. The raw materials first go through the process of wire drawing and cutting, powder mixing, covering, and baking at their manufacturing facility. Manufacturing both standardized and customized products is what the company specializes in. Their products have been exported to over 20+ countries, and supply products to numerous domestic customers. Royalarc Electrodes comprises 144 employees as of December 31, 2024. They utilized copper-coated wire, MS Strips, MS wire, SS strips, SS wire, nickel wire, and ferroalloy powder, to manufacture its products. Their manufacturing facility is located over an area of 6.197 acres at Zaroli, Umbergaon Valsad, Gujarat, Bharat.

Royalarc Electrodes IPO Company Financial Report

The company reported revenue of ₹100.99 crores in 2024 against ₹98.03 crore in 2023. The company reported profit of ₹11.93 crores in 2024 against profit of ₹9.57 crores in 2023.

Amount ₹ in Crores

Royalarc Electrodes IPO Valuation – FY2024

Check Royalarc Electrodes IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Funding towards the expansion of the manufacturing facility situated at Village Zaroli, Umbergaon Valsad, Gujarat, Bharat
• Funding the working capital requirements of the Company
• General corporate purposes

Royalarc Electrodes IPO Review

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Royalarc Electrodes IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: rael.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

IPO Lead Managers aka Merchant Bankers

• Fedex Securities Pvt Ltd 

Company Address

Royalarc Electrodes Limited
72 B, Bombay Talkies Compound,
S.V. Road Malad West,
Mumbai, , 400064
Phone: +91 78880 00553
Email: cs@royalarc.in
Website: https://royalarc.in/

Royalarc Electrodes IPO FAQs