Royalarc Electrodes IPO Date, Review, Price, Allotment Details

Royalarc Electrodes IPO open date is February 14, 2025 and the IPO will close on February 18, 2025. Royalarc Electrodes IPO is a Book Built Issue. The company to raise around ₹36.00 crores via IPO that comprises fresh issue of ₹21.60 crores and offer for sale up to 12,00,000 equity shares with face value of ₹10 each.

Royalarc Electrodes IPO price band is ₹114 to ₹120 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Royalarc Electrodes IPO to list on NSE on February 24, 2025. The allotment of Royalarc Electrodes IPO date is February 19, 2025.

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. As per the financials the IPO investors should apply the IPO for a long term.

Royalarc Electrodes IPO Details

IPO Open Date:February 14, 2025
IPO Close Date:February 18, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹114 to ₹120 Per Share
Issue Size:Approx ₹36.00 Crores
Fresh Issue:Approx ₹21.60 Crores
Offer for Sale:Approx 12,00,000 Equity Shares
Issue Type: Book Built Issue
IPO Listing:NSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
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Anchor Investors List:Click Here

Royalarc Electrodes IPO Market Lot

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

ApplicationLot SizeSharesAmount
Retail Minimum11200₹1,44,000
Retail Maximum11200₹1,44,000
S-HNI Minimum22,400₹2,88,000

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.

IPO Open Date:February 14, 2025
IPO Close Date:February 18, 2025
Basis of Allotment:February 19, 2025
Refunds:February 20, 2025
Credit to Demat Account:February 20, 2025
IPO Listing Date:February 24, 2025

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

Period EndedRevenueExpenseProfit After TaxAssets
2022₹64.82₹62.01₹2.12₹42.48
2023₹98.03₹84.98₹9.57₹43.85
2024₹100.99₹84.73₹11.93₹52.25
September 2024₹46.06₹41.79₹3.18₹55.69

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.

KPIValues
ROE:32.85%
ROCE:37.73%
EBITDA Margin:18.16%
PAT Margin:11.95%
Debt to equity ratio:0.00
Earning Per Share (EPS):₹12.82 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):28.21%
Net Asset Value (NAV):₹45.45

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
ESAB India Limited105.9046.9453.25198.87– Cr.
Ador Welding Limited46.4621.0817.44266.49– Cr.
Gee Limited4.9529.176.2978.61– Cr.
Rasi Electrodes Limited1.0228.439.8310.47– Cr.

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

  • IPO Watch – May Apply
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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

What is Royalarc Electrodes IPO?

Royalarc Electrodes IPO is a SME IPO. The company is going to raise ₹36.00 Crores via IPO. The issue is priced at ₹114 to ₹120 per equity share. The IPO is to be listed on NSE.

When Royalarc Electrodes IPO will open for subscription?

The IPO is to open on February 14, 2025 for QIB, NII, and Retail Investors. The IPO will close on February 18, 2025.

What is Royalarc Electrodes IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Royalarc Electrodes IPO?

You can apply for Royalarc Electrodes IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Royalarc Electrodes IPO Issue Size?

Royalarc Electrodes IPO issue size is ₹36.00 crores.

What is Royalarc Electrodes IPO Price Band?

Royalarc Electrodes IPO Price Band is ₹114 to ₹120.

What is Royalarc Electrodes IPO Lot Size?

The minimum bid is 1200 Shares with ₹1,44,000 amount.

What is the Royalarc Electrodes IPO Allotment Date?

Royalarc Electrodes IPO allotment date is February 19, 2025.

What is the Royalarc Electrodes IPO Listing Date?

Royalarc Electrodes IPO listing date is February 24, 2025. The IPO is to list on NSE.

Note: The Royalarc Electrodes IPO price band and date are officially announced. The (Royalarc Electrodes IPO grey market premium) will be added to the IPO GMP page as it will start).
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