Royalarc Electrodes Limited IPO

Minimum Investment

Minimum Investment (Retail)Lots (min)Shares (QTY)
₹1,44,00011200

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.

read more >

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 DateFebruary 14, 2025 to February 18, 2025
Face Value₹10 per share
Issue Price Band₹114 to ₹120 per share
Lot Size1,200 Shares
Total Issue Size30,00,000 shares
(aggregating up to ₹36.00 Cr)
Fresh Issue18,00,000 shares
(aggregating up to ₹21.60 Cr)
Offer for Sale12,00,000 shares of ₹10
(aggregating up to ₹14.40 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share Holding Pre Issue93,00,200 shares
Share Holding Post Issue1,11,00,200 shares
IPO Open DateFri, Feb 14, 2025
IPO Close DateTue, Feb 18, 2025
Tentative AllotmentWed, Feb 19, 2025
Initiation of RefundsThu, Feb 20, 2025
Credit of Shares to DematThu, Feb 20, 2025
Tentative Listing DateFri, Feb 21, 2025
Cut-off time for UPI mandate confirmation5 PM on February 18, 2025

Royalarc Electrodes Limited IPO Prospectus

Royalarc Electrodes Limited Financial Snapshot (in Crore)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets55.6952.2543.8542.48
Revenue46.06100.9998.0364.82
Profit After Tax3.1811.939.572.12
Net Worth45.4542.2730.3520.78
Reserves and Surplus36.1532.9728.5318.96
Total Borrowing2.020.21.427.81

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
Websitehttps://royalarc.in/

0
Comments are closed