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Royal Arc Electrodes Ltd

Royal Arc Electrodes Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹120
₹120
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹120
Based on GMP
Min. Investment
₹144,000
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
14 Feb 2025
Close Date
18 Feb 2025
Allotment
19 Feb 2025
Listing Date
24 Feb 2025
Exchange
NSE SME
Price Band
₹120
Listing Price
See chart
Allotment Status
Price Band
₹120
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
30,00,000 shares (aggregating up to ₹36.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹144,000
1 lot
Pre-IPO Holding
93,00,200 shares
Promoters
Post-IPO Holding
1,11,00,200 shares
Promoters
P/E (Pre)
9.36x
 
P/E (Post)
20.98x
 
EPS (Pre)
₹12.82
 
EPS (Post)
₹5.72
 
UPI Deadline
2025-02-18
Mandate
Anchor AllotmentThu, 13 Feb 2025
Basis of AllotmentWed, 19 Feb 2025
Refund InitiationThu, 20 Feb 2025
Demat CreditThu, 20 Feb 2025
Listing DayMon, 24 Feb 2025
UPI Mandate Deadline2025-02-18
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public28,46,400 shares (aggregating up to ₹34.16 Cr)
Market Maker Quota1,53,600 shares (aggregating up to ₹1.84 Cr)
Fresh Issue Shares16,46,400 shares (aggregating up to ₹19.76 Cr)
Offer for Sale12,00,000 shares of ₹10 (aggregating up to ₹14.40 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Royal Arc Electrodes Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 18 Feb 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
153,600
₹1.84
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,000,000
100% ₹36.00
IPO Shares Offered
Royal Arc Electrodes Ltd IPO total issue size: ₹36.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 153,600 ₹1.84
5.12%
Total 3,000,000 ₹36.00
100.00%
* Based on upper price band ₹120 per share
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹120.00
Upper Band
Min Investment
₹144,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹288,000
Retail (Max — 13 Lots)1315,600₹1,872,000
S-HNI (Min — 14 Lots)1416,800₹2,016,000
B-HNI (Min — 68 Lots)6881,600₹9,792,000
* Issue Price ₹120 × Lot Size 1,200 shares
IPO Schedule
Anchor
13 Feb 2025
✓ Done
IPO Open
14 Feb 2025
✓ Done
IPO Close
18 Feb 2025
✓ Done
Allotment
19 Feb 2025
✓ Done
Refunds
20 Feb 2025
✓ Done
Demat Credit
20 Feb 2025
✓ Done
Listing Day
24 Feb 2025
✓ Done
Royal Arc Electrodes Ltd — Live Price LIVE
₹120.00
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Issue ₹120.00 Live Price
About Royal Arc Electrodes Ltd
Incorporated in 1996, Royalarc Electrodes Limited is engaged in the business of manufacturing of welding consumables such as, welding electrodes, flux cored wire, MIG/TIG wires.The company is used welding consumables for welding tanks, boilers, heavy structures, beams, pipes, cylinders, pressure vessels, and more, across industries such as railways, roadways, airports, refineries, shipyards, mining, sugar, telecom, thermal power stations, and PEB sectors.The company is also involved in trading ancillary and incidental products such as wheels, electro slag, welding flux-cored wire, electro slag strip cladding, saw flux, and TIG/MIG wires.The company manufactures products using copper-coated wire, MS strips, MS wire, SS strips, SS wire, nickel wire, and ferro alloy powder at a state-of-the-art facility spread over 269,198 sq. ft. in Zaroli, Umbergaon, Gujarat.The company manufactures standardized and customized products, supplying domestically and exporting to 20+ countries. Products are certified by American Bureau of Shipping (ABS), Indian Boilers Regulation (IBR), Bureau of Indian Standard (BIS), with inspections outsourced to NABL-accredited laboratories.Products:Welding electrodes: They manufactures various welding electrodes, including mild steel, low hydrogen, stainless steel, hard-facing, cutting, and non-ferrous types.Flux Cored Wire: Flux-cored arc welding (FCAW) uses flux-cored wires for high deposition rates, joining, wear protection, and repairs, with various sizes and specifications.MIG/TIG Wires- MIG: The company manufactures welding consumables like electrodes, flux-cored wire, and MIG/TIG wire. Due to market conditions, it currently trades TIG/MIG wire but may resume manufacturing based on demand.As of December 31, 2024, the company has a total workforce of 144 permanent employees.Competitive Strength:Geographically spread across Bharat and overseas marketLong-standing relationships with customers across industriesConsistent financial performanceExperienced promoters and strong management team
Objects of the Issue
1
Funding towards the expansion of the manufacturing facility situated at Village Zaroli, Umbergaon Valsad, Gujarat, Bharat
2
Funding the working capital requirements of the Company
3
General corporate purposes
Royal Arc Electrodes Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹98.0
31 Mar 2023
₹101.0
31 Mar 2024
₹46.1
30 Sep 2024
Profit After Tax (PAT)
₹9.6
31 Mar 2023
₹11.9
31 Mar 2024
₹3.2
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 46.06 100.99 98.03
EBITDA N/A N/A N/A
Profit After Tax (PAT) 3.18 11.93 9.57
Net Worth 45.45 42.27 30.35
Total Assets 55.69 52.25 43.85
Reserves & Surplus 36.15 32.97 28.53
Borrowings 2.02 0.20 1.42
EBITDA Margin (%) N/A
PAT Margin (%) 11.95%
P/BV Ratio
2.64
RoE
32.85%
RoCE
37.73%
RoNW
28.21%
PAT Margin
11.95%
Issue Structure & Shareholding
Total Shares Offered30,00,000 (100.00%)
Net Offer to Public28,46,400 shares (aggregating up to ₹34.16 Cr)
Reserved for Market Maker1,53,600 shares (aggregating up to ₹1.84 Cr)
Pre-Issue Promoter Holding93,00,200 shares
Post-Issue Promoter Holding1,11,00,200 shares
P/BV Ratio2.64
RoE32.85%
RoCE37.73%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Fedex Securities Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Royal Arc Electrodes Ltd IPO subscribed?

Royal Arc Electrodes Ltd IPO is subscribed 1.00 times by Feb 18, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Royal Arc Electrodes Ltd IPO retail subscription status?

The Royal Arc Electrodes Ltd IPO retail category is subscribed 1.00 times as of 18 Feb 2025. The retail portion is oversubscribed.

How to subscribe Royal Arc Electrodes Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 14 Feb 2025 and closes 18 Feb 2025. Min investment: ₹144,000 (1 lot = 1,200 shares). UPI mandate: 2025-02-18.

How many times Royal Arc Electrodes Ltd IPO subscribed?

The Royal Arc Electrodes Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Royal Arc Electrodes Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 19 Feb 2025. Refunds: on 20 Feb 2025.

When Royal Arc Electrodes Ltd IPO will be listed?

The Royal Arc Electrodes Ltd IPO listing date is 24 Feb 2025, Monday. Listed on: NSE SME. Issue price: ₹120. Estimated listing: ₹120. GMP: NIL.

When Royal Arc Electrodes Ltd IPO close?

The Royal Arc Electrodes Ltd IPO closes on 18 Feb 2025, Tuesday. UPI mandate: 2025-02-18. Allotment: 19 Feb 2025. Listing: 24 Feb 2025.