The Royalarc Electrodes IPO minimum market lot is 1200 shares with ₹1,44,000 application amount. The Royalarc Electrodes IPO is a SME IPO, and it is to be listed on NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Royalarc Electrodes IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.74 | 1.04 |
| NII | 0.04 | 0.13 | 0.92 |
| RII | 0.26 | 0.88 | 2.20 |
| Total | 0.14 | 0.68 | 1.59 |
Royalarc Electrodes IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Royalarc Electrodes IPO Review and Rating
- May Apply For Long-term View
Royalarc Electrodes IPO Form
How to apply for the Royalarc Electrodes IPO? You can apply for Royalarc Electrodes IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Royalarc Electrodes IPO in the Invest section. The other option is you can apply for Royalarc Electrodes IPO via IPO forms downloaded online. Check out the Royalarc Electrodes forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
