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 aims to raise ₹36.00 crores via IPO, comprising a fresh issue of ₹21.60 crores and an offer for sale up to 12,00,000 equity shares with a 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 is set to list on NSE on February 24, 2025. The allotment date is February 19, 2025. The company reported revenue of ₹100.99 crores in 2024 against ₹98.03 crores in 2023. The company reported a profit of ₹11.93 crores in 2024 against ₹9.57 crores in 2023. Considering the financials, the IPO could be a good long-term investment opportunity.
Royalarc Electrodes IPO Details
Field
Value
est listing
120 (0%)
gain percentage
0%
gmp
--
ipo size
₹36.00 Cr
ipo title
Royalarc Electrodes NSE SME
price
120
status
Listed
subscription
1.6x
Royalarc Electrodes IPO Dates
Field
Value
boa dt
19-Feb
close
18-Feb
listing
24-Feb
lot
1,200
open
14-Feb
Royalarc Electrodes IPO Financial Report
The company reported revenue of ₹100.99 crores in 2024 against ₹98.03 crores in 2023. The company reported a profit of ₹11.93 crores in 2024 against ₹9.57 crores in 2023.
Financial Year
2022
2023
2024
September 2024
Revenue
₹64.82
₹98.03
₹100.99
₹46.06
Expense
₹62.01
₹84.98
₹84.73
₹41.79
Profit After Tax
₹2.12
₹9.57
₹11.93
₹3.18
Total Assets
₹42.48
₹43.85
₹52.25
₹55.69
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 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 supplied to numerous domestic customers. Royalarc Electrodes comprises 144 employees as of December 31, 2024. Their manufacturing facility is located over an area of 6.197 acres at Zaroli, Umbergaon Valsad, Gujarat, Bharat.
Royalarc Electrodes IPO Registrar
KFin Technologies Limited,
Phone: 04067162222, 04079611000,
Email: rael.ipo@kfintech.com,
Website: https://kosmic.kfintech.com/ipostatus/
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 an SME IPO aiming to raise ₹36.00 crores at ₹114-₹120 per equity share, listed on NSE.
When will Royalarc Electrodes IPO open for subscription?
The IPO opens on February 14, 2025, and closes on February 18, 2025.
What is Royalarc Electrodes IPO Investors Portion?
The investors’ portion is 50% for QIB, 15% for HNIs, and 35% for Retail investors.
How to Apply for Royalarc Electrodes IPO?
Apply via ASBA online through your bank account or UPI through stock brokers. Offline applications are also available.
What is Royalarc Electrodes IPO Issue Size?
The issue size of Royalarc Electrodes IPO is ₹36.00 crores.
What is Royalarc Electrodes IPO Price Band?
The IPO price band is ₹114 to ₹120 per share.
What is Royalarc Electrodes IPO Lot Size?
The minimum bid is 1,200 shares, amounting to ₹1,44,000.
What is the Royalarc Electrodes IPO Allotment Date?
The allotment date is February 19, 2025.
What is the Royalarc Electrodes IPO Listing Date?
The IPO is expected to list on NSE on February 24, 2025.
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