Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,44,000 | 1 | 1200 |
About Royalarc Electrodes Limited IPO
Incorporated in 1996, Royalarc Electrodes Limited is a leading manufacturer of welding consumables, including welding electrodes, flux-cored wires, and MIG/TIG wires. The company’s products are widely used in welding tanks, boilers, heavy structures, beams, pipes, cylinders, and pressure vessels across industries such as railways, roadways, airports, refineries, shipyards, mining, sugar, telecom, thermal power stations, and PEB sectors. Operating from a state-of-the-art facility spanning 269,198 sq. ft. in Zaroli, Umbergaon, Gujarat, Royalarc manufactures its products using high-quality materials like copper-coated wire, MS strips, SS strips, nickel wire, and ferro alloy powder. The company also trades ancillary products such as welding flux-cored wire, electro slag strip cladding, saw flux, and TIG/MIG wires, catering to diverse industrial needs.
Royalarc Electrodes produces both standardized and customized welding consumables, supplying domestically and exporting to over 20 countries. Its products are certified by renowned organizations such as the American Bureau of Shipping (ABS), Indian Boilers Regulation (IBR), and Bureau of Indian Standards (BIS), with inspections conducted by NABL-accredited laboratories. The product portfolio includes welding electrodes (mild steel, low hydrogen, stainless steel, hard-facing, cutting, and non-ferrous types), flux-cored wires for high deposition rates, and MIG/TIG wires. While the company currently trades TIG/MIG wires due to market conditions, it may resume manufacturing based on demand. As of December 31, 2024, Royalarc employs 144 permanent staff, ensuring quality and innovation in the welding consumables industry.
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Competitive Strengths:
- Geographically spread across Bharat and overseas market
- Long-standing relationships with customers across industries
- Consistent financial performance
- Experienced promoters and strong management team
Royalarc Electrodes Limited IPO Details
| IPO Date | February 14, 2025 to February 18, 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 (aggregating up to ₹36.00 Cr) |
| Fresh Issue | 18,00,000 shares (aggregating up to ₹21.60 Cr) |
| Offer for Sale | 12,00,000 shares of ₹10 (aggregating up to ₹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 |
| IPO Open Date | Fri, Feb 14, 2025 |
| IPO Close Date | Tue, Feb 18, 2025 |
| Tentative Allotment | Wed, Feb 19, 2025 |
| Initiation of Refunds | Thu, Feb 20, 2025 |
| Credit of Shares to Demat | Thu, Feb 20, 2025 |
| Tentative Listing Date | Fri, Feb 21, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 18, 2025 |
Royalarc Electrodes Limited IPO Prospectus
Royalarc Electrodes Limited Financial Snapshot (in Crore)
| Period Ended | 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 | 3.18 | 11.93 | 9.57 | 2.12 |
| Net Worth | 45.45 | 42.27 | 30.35 | 20.78 |
| Reserves and Surplus | 36.15 | 32.97 | 28.53 | 18.96 |
| Total Borrowing | 2.02 | 0.2 | 1.42 | 7.81 |
Royalarc Electrodes Limited Promoters Holding
Bipin Sanghvi, Tarulata Sanghvi, Hardik Sanghvi and Swagat Sanghvi
Royalarc Electrodes Limited Contact Details
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/