Royal Arc Electrodes Ltd
Price Range
₹114 - ₹120
Min. Quantity
1,200
Closes on
18 February 2025
Min. investment
₹1,44,000/1,200 Shares
Royal Arc Electrodes Ltd IPO Timeline
Royal Arc Electrodes Limited was incorporated in Mumbai, as a 'Royalarc Electrodes Private Limited', certified dated January 15, 1996, issued by the Additional Registrar of Companies, Maharashtra. Thereafter, Company was converted from a Private Limited to a Public Limited Company and upon conversion, the Company name changed to 'Royalarc Electrodes Limited' and a Certificate of Change in Name dated March 31, 2005, was issued by Registrar of Companies, Maharashtra, Mumbai. Subsequently, the name of Company was changed to 'Royal Arc Electrodes Limited' and the Registrar of Companies has issued a fresh Certificate of Incorporation dated June 16, 2023.
| Event | Date |
|---|---|
| Royal Arc Electrodes Ltd IPO Opening Date | 14 February 2025 |
| Royal Arc Electrodes Ltd IPO Closing Date | 18 February 2025 |
| Basis of Allotment | 20 February 2025 |
| Initiation of Refunds | 21 February 2025 |
| Credit of Shares to Demat | 21 February 2025 |
| Royal Arc Electrodes Ltd IPO Listing Date | 24 February 2025 |
Royal Arc Electrodes Ltd IPO Details
| Royal Arc Electrodes Ltd IPO Date | 14 February 2025 to 18 February 2025 |
| Royal Arc Electrodes Ltd IPO Face Value | ₹10 per share |
| Royal Arc Electrodes Ltd IPO Price | ₹114 to ₹120 per share |
| Royal Arc Electrodes Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹36 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹21.6 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹14.4 Cr) |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 5,60,400 of the Net Offer |
| Retail Shares Offered | Not less than 10,00,800 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 4,45,200 of the Net Offer |
| Company Promoters | Bipin Sanghvi, Tarulata Sanghvi, Hardik Sanghvi |
Royal Arc Electrodes Ltd IPO Lot Size
The Royal Arc Electrodes Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,44,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,44,000 |
| Maximum | 1 | 1,200 | ₹1,44,000 |
- Strengths
- Risks
- Opportunities
- Geographically spread distribution network.
- Long-standing relationships with customers across industries.
- Consistent financial performance.
- Experienced promoters and strong management team.
Company Financials
Royal Arc Electrodes Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 52.25 | 100.99 | 11.93 |
| 03-2023 | 43.85 | 98.03 | 9.57 |
| 03-2022 | 42.48 | 64.82 | 2.12 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding towards the expansion of the existing mfg facility situated at
- Funding of working capital requiremens of the company
- General corporate purposes
Royal Arc Electrodes Ltd IPO Promoter Holding
| Pre Issue Share Holding | 9.6% |
| Post Issue Share Holding | 6.5% |
Royal Arc Electrodes Ltd IPO Subscription Status (Bidding Detail)
The Royal Arc Electrodes Ltd IPO is subscribed 1.5533 times on 18 February 2025 05:00:00 PM. The public issue subscribed 2.2038 times in the retail category, 1.0428 times in the QIB category, and 1.2695 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 1.0428 | 1.2695 | 2.2038 | - | 1.5533 |
Royal Arc Electrodes Ltd IPO Prospectus
Royal Arc Electrodes Ltd IPO Listing Date
| Listing Date | 24 February 2025 |
| BSE Script | 93583 |
| NSE Symbol | ROYALARC |
| Listing In | NSE - SME |
| ISIN | INE0EO401019 |
| IPO Price | ₹120 |
| Face Value | ₹10 |
Company Contact Information
72 B Bombay Talkies CompoundS.V.Road Malad West,Mumbai-400064
Phone: +91 78880 00553
Email: cs@royalarc.in
Website: https://royalarc.in/
Royal Arc Electrodes Ltd IPO Registrar
Royal Arc Electrodes Ltd IPO Lead Manager(s)
- Fedex Securities Pvt Ltd
FAQ
What is the issue size of Royal Arc Electrodes Ltd IPO?
I have pre-applied for Royal Arc Electrodes Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.