Listed Price₹120.00
Listing Gain+0.00%
Price Band₹114 - ₹120
Lot Size1,200 shares
Min Bid₹1,44,000
Subscription1.67x
Listed Market Snapshot
₹120.00Listed price from market data
+0.00%listing gain
Issue Amount
₹36 Cr
Listed Price
₹120.00
Current Price
₹148
Registrar
Kfin Technologies Limited
Timeline•Bookbuilding IPO
Open14 Feb 2025
Close18 Feb 2025
Allotment20 Feb 2025
Listing24 Feb 2025
Quota Reservation Portions
RetailPortion: 10,00,800 shares
33.36%Nii (hni) Portion: 4,45,200 shares
14.84%AnchorPortion: 8,40,000 shares
28%QIBPortion: 5,60,400 shares
18.68%Market MakerPortion: 1,53,600 shares
5.12%Minimum Application Bracket Matrix
Retail1 lots / 1,200 shares
₹1,44,000HNI2 lots / 2,400 shares
₹2,88,000About the Company
Established in 1996, Royalarc Electrodes Limited manufactures a wide range of welding consumables such as electrodes, flux-cored wires, and MIG/TIG wires. Its products are used in welding applications for tanks, boilers, heavy structures, and pipelines across sectors like railways, refineries, airports, and power plants. The company also trades welding-related materials, including flux and electro slag, from its modern 269,198 sq. ft. facility in Zaroli, Umbergaon, Gujarat. Serving clients across India and exporting to over 20 countries, Royalarc provides both standard and customized solutions that meet ABS, IBR, and BIS certifications, with testing conducted in NABL-accredited labs. As of December 2024, it employs 144 permanent staff.
Company Promoters
Bipin Sanghviarulata SanghviHardik SanghviSwagat Sanghvi
Lead Managers
Registrar
Kfin Technologies Limited