Loading...
Royalarc Electrodes Limited IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.120.00
Issue Size:
Rs.36.00 Cr
Lot Size:
1 shares
Open Date:
February 14
Royalarc Electrodes Limited IPO Overview
Bidding Dates
February 14 - February 18
Min Investment
₹120
Price Range
₹120.00
Issue Size
₹36.00 Cr
IPO DRHP Doc
Company Overview
Royalarc Electrodes Limited, established in 1996, manufactures welding consumables like electrodes and wires for various industries including railways and refineries. The company also trades related products and operates a facility in Gujarat. It exports to over 20 countries and holds certifications from recognized bodies.
IPO Timeline
Opens
Feb 14
Closes
Feb 18
Allotment
Feb 19
Refunds
Feb 20
Shares Credit
Feb 20
Listing
Feb 24
Opens
Feb 14
Closes
Feb 18
Allotment
Feb 19
Refunds
Feb 20
Shares Credit
Feb 20
Listing
Feb 24
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 1.04x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 0.92x | Partially Subscribed |
| RII (Retail Individual Investors) | 2.20x | Oversubscribed |
| Total Subscription | 1.60x | Oversubscribed |
Last updated: Feb 18, 2025, 06:22 PM
Current GMP:
No Premium
Est. Listing:
Rs.120
Est. Gain:
0%
Star Rating:
★★★★★(1/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2024 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Assets | ₹52.25 Cr | ₹52.25 Cr | ₹43.85 Cr | ₹42.48 Cr |
| Net Worth | ₹42.27 Cr | ₹42.27 Cr | ₹30.35 Cr | ₹20.78 Cr |
| Profit After Tax | ₹11.93 Cr | ₹11.93 Cr | ₹9.57 Cr | ₹2.12 Cr |
| Reserves and Surplus | ₹32.97 Cr | ₹32.97 Cr | ₹28.53 Cr | ₹18.96 Cr |
| Revenue | ₹100.99 Cr | ₹100.99 Cr | ₹98.03 Cr | ₹64.82 Cr |
| Total Borrowing | ₹0.2 Cr | ₹0.2 Cr | ₹1.42 Cr | ₹7.81 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Wide geographical presence across India and 20+ export countries.
- Diverse customer base spanning multiple industries and applications.
- Strong distribution network with dealers, distributors, and direct sales.
- Focus on product quality through stringent testing and standards.
- Integrated and cost-effective offerings ensuring competitive pricing.
- Commitment to innovation and continuous process improvements.
- Strategic investment in technology for automation and efficiency gains.
- Energy-efficient manufacturing with solar power and gas-fired furnaces.
IPO Details
Royalarc Electrodes IPO Details
| Face Value | ₹10 per share |
| Fresh Issue | 18,00,000 shares (aggregating up to ₹21.60 Cr) |
| IPO Date | February 14, 2025 to February 18, 2025 |
| Issue Price | ₹120 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | February 24, 2025 |
| Lot Size | 1,200 Shares |
| Offer for Sale | 12,00,000 shares of ₹10 (aggregating up to ₹14.40 Cr) |
| Share Holding Post Issue | 1,11,00,200 shares |
| Share Holding Pre Issue | 93,00,200 shares |
| Total Issue Size | 30,00,000 shares (aggregating up to ₹36.00 Cr) |
Royalarc Electrodes IPO Reservation
Share Reservation Distribution
Retail
1,000,800 shares (33.36%)
Anchor Investors
840,000 shares (28%)
QIB
560,400 shares (18.68%)
HNI (NII)
445,200 shares (14.84%)
Market Maker
153,600 shares (5.12%)
Royalarc Electrodes IPO Promoter Holding
| Share Holding Post Issue | 72.96% |
| Share Holding Pre Issue | 99.99% |
Royalarc Electrodes IPO Listing Details
| ₹120 per share |
| February 24, 2025 |
| INE0EO401019 |
| ROYALARC |
Listing Day Trading Information
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹120.00 |
| High | ₹122.50 |
| Last Trade | ₹121.30 |
| Low | ₹120.00 |
| Open | ₹120.00 |
Key Dates
Open Date:February 14
Close Date:February 18
Listing Date:February 24
