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% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
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.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1200 | ₹1,44,000 |
Retail Maximum | 1 | 1200 | ₹1,44,000 |
S-HNI Minimum | 2 | 2,400 | ₹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 Ended | Revenue | Expense | Profit After Tax | Assets |
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.
KPI | Values |
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
Company | EPS | PE Ratio | RoNW % | NAV | Income |
ESAB India Limited | 105.90 | 46.94 | 53.25 | 198.87 | – Cr. |
Ador Welding Limited | 46.46 | 21.08 | 17.44 | 266.49 | – Cr. |
Gee Limited | 4.95 | 29.17 | 6.29 | 78.61 | – Cr. |
Rasi Electrodes Limited | 1.02 | 28.43 | 9.83 | 10.47 | – 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
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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/
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