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ROYALARCSME / NSEListed
Royal Arc Electrodes

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.

₹114 - ₹1201.67x sub
Listed Price₹120.00
Listing Gain+0.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open14 Feb 2025
Close18 Feb 2025
Allotment20 Feb 2025
Listing24 Feb 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail10,00,800 shares
33.36%
Nii (hni) 4,45,200 shares
14.84%
Anchor8,40,000 shares
28%
QIB5,60,400 shares
18.68%
Market Maker1,53,600 shares
5.12%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,44,000
HNI2 Lots (2,400 shares)
₹2,88,000

Company Promoters

Bipin Sanghviarulata SanghviHardik SanghviSwagat Sanghvi

Company Background

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-relat...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-24)₹46 Cr
Growth-29.2%
Revenue Trend (₹ in Crores)
0.038.777.4116.1Mar-22Mar-23Mar-24Sep-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-24463562
Mar-2410112520
Mar-239810441
Mar-22652428

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-243.417.24%8.92%020.98
Mar-2412.8232.85%37.73%9.360
Mar-2310.2937.43%41.81%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
20 Feb 2025
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
24 Feb 2025

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Royal Arc Electrodes. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization20 Feb 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 Feb 2025Trading commences on exchange

How to Check Royal Arc Electrodes Allotment Online

1Open Portal

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Royal Arc Electrodes IPO

Complete issue overview for Royal Arc Electrodes (ROYALARC) IPO. The issue features an equity share price band of ₹114 – ₹120 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,44,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions