Royalarc Electrodes IPO GMP; Royalarc Electrodes IPO is a book built issue of Rs 36.00 crores. The issue is a combination of fresh issue of 18.00 lakh shares aggregating to Rs 21.60 crores and offer for sale of 12.00 lakh shares aggregating to Rs 14.40 crores. Royalarc Electrodes IPO bidding opened for subscription on February 14, 2025 and will close on February 18, 2025. The allotment for the Royalarc Electrodes IPO is expected to be finalized on Wednesday, February 19, 2025. Royalarc Electrodes IPO will be list on NSE SME with a tentative listing date fixed as Friday, February 21, 2025. Royalarc Electrodes IPO price band is set at ₹114 to ₹120 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,36,800. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,44,000.The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹2,88,000.
Fedex Securities Pvt Ltd is the book-running lead manager of the Royalarc Electrodes IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Royalarc Electrodes IPO is Shreni Shares Limited.
Stay tuned with IPO Wheel to get more details about Royalarc Electrodes IPO Date, Price, GMP Review Details including business overview, financial performance, live subscription status, allotment details, daily grey market premium (GMP), listing date, and listing price.
Royalarc Electrodes IPO GMP Overview
| Company Name | Royalarc Electrodes Limited |
| IPO Date | February 14, 2025, to February 18, 2025 |
| Listing Date | February 21, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹114 to ₹120 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 30,00,000 shares (₹36.00 Cr) |
| Fresh Issue | 18,00,000 shares (₹21.60 Cr) |
| Offer for Sale (OFS) | 12,00,000 shares (₹14.40 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre-Issue | 93,00,200 shares |
| Share Holding Post-Issue | 1,11,00,200 shares |
| Market Maker Portion | 1,53,600 shares |
| Market Maker | Shreni Shares Limited |
Royalarc Electrodes IPO GMP (Grey Market Premium) Trend Live Rates
| Date | IPO GMP (₹) | GMP Trend | Kostak (₹) | Subject to (₹) |
|---|---|---|---|---|
| 15 February | ₹- | – | ₹- | ₹- |
| 14 February | ₹- | – | ₹- | ₹- |
| 13 February | ₹- | – | ₹- | ₹- |
| 12 February | ₹- | – | ₹- | ₹- |
| 11 February | ₹- | – | ₹- | ₹- |
- No GMP activity reported yet, indicating a lack of grey market trading interest.
- Kostak and Subject to Sauda rates are also absent, suggesting limited unofficial market demand.
- Possible reasons: Investors might be waiting for more clarity on fundamentals before trading in the grey market.
Royalarc Electrodes IPO Lot Size & Investment Details
| Application Type | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 1,44,000 |
| Retail (Max) | 1 | 1,200 | 1,44,000 |
| HNI (Min) | 2 | 2,400 | 2,88,000 |
- Retail investors can apply for only 1 lot (1,200 shares).
- HNI investors must apply for at least 2 lots (2,400 shares) or more in multiples of 1,200 shares.
Royalarc Electrodes IPO Financial Information (Restated) (₹ in Crores)
| Financial Metrics (₹ Crore) | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 55.69 | 52.25 | 43.85 | 42.48 |
| Revenue | 46.06 | 100.99 | 98.03 | 64.82 |
| Profit After Tax (PAT) | 3.18 | 11.93 | 9.57 | 2.12 |
| Net Worth | 45.45 | 42.27 | 30.35 | 20.78 |
| Reserves & Surplus | 36.15 | 32.97 | 28.53 | 18.96 |
| Total Borrowing | 2.02 | 0.20 | 1.42 | 7.81 |
- Steady asset growth, increasing from ₹42.48 Cr (2022) to ₹55.69 Cr (Sep 2024).
- Revenue peaked in FY24 at ₹100.99 Cr, showing strong business performance.
- Profitability improved significantly, with PAT growing from ₹2.12 Cr (2022) to ₹11.93 Cr (2024).
- Strong financial position, as net worth and reserves have consistently grown.
- Borrowings have reduced, indicating better financial management and lower debt dependency.
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About Royalarc Electrodes Limited Company
Royalarc Electrodes is a manufacturer of welding consumables, catering to different industrial applications. The company produces welding products used in sectors such as railways, roadways, airport infrastructure, refineries, shipyards, mines, sugar industries, telecom, thermal power stations, and pre-engineered buildings (PEB). The company’s product portfolio includes welding electrodes, flux-cored wires, and MIG/TIG wires, which are used in welding tanks, boilers, heavy structures, beams, pipes, cylinders, and pressure vessels. In addition to manufacturing, Royalarc Electrodes is involved in the trading of ancillary products such as wheels, electro slag, welding flux-cored wire, electro slag strip cladding, SAW flux, and TIG/MIG wires.
- Founded in – 1996
- Managing Director – Mr. Bipin Sanghvi
What is the issue size of Royalarc Electrodes Limited IPO?
The issue size of the Royalarc Electrodes Limited IPO is 360000000.00.
What is the allotment date for the Royalarc Electrodes Limited IPO?
Royalarc Electrodes Limited IPO allotment date is 20 Feb ’25. For Royalarc Electrodes Limited IPO allotment status check, you can visit the website of the registrar of the IPO.
Who is the registrar of Royalarc Electrodes Limited IPO?
For Royalarc Electrodes Limited, the IPO registrar is Kfin Technologies Limited. You can check Royalarc Electrodes Limited IPO allotment status on the website of the registrar.
Where is the Royalarc Electrodes Limited IPO getting listed?
The shares are proposed to be listed on the NSE-SME.
Mukesh Thakur is a prolific writer with over a decade of professional experience. A person of wide interests, he found his true calling in the field of investing and specifically the stock market. He has an amazing skill of presenting the most complex financial concepts (and there is no shortage of complexity in investing) in simple language and terms.