1. IPO
Royalarc Electrodes IPO

1.36x

subscribed

Royalarc Electrodes IPO

Electrodes & Welding Equipment
listed
₹1.37LMin. investment
  1. Pre-apply
    13 Feb
  2. Bid start
    14 Feb
  3. Bid end
    18 Feb
  4. Allotment
    21 Feb
  5. Release of funds
    21 Feb
  6. Demat transfer
    21 Feb
  7. Listing
    24 Feb

Royalarc Electrodes Limited IPO Details

SectorElectrodes & Welding Equipment
Price range₹114 – ₹120
IPO type
SME
Lot size1200 shares
Issue size₹36Cr
Red Herring Prospectus
Read
Market Cap
₹133.2CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹99.78CrLower than sector avg
Growth rate3Y CAGR
16.62%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹99.78Cr
This sector
₹436.42Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
16.62%
This sector
0.04%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹11.92Cr
This sector
₹38.47Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹133.2Cr
This sector
₹2,512.29Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
9.36
This sector
38.35
Compare with companies

Objectives

Working capital requirements
64.81%
Business expansion
22.59%
General corporate purposes
Not assigned

About Royalarc Electrodes Limited

Royalarc Electrodes Limited, founded in 1996, manufactures high-quality welding consumables like electrodes, flux-cored wire, and MIG/TIG wires for industries such as railways, refineries, and shipyards. Its Gujarat facility produces products using high-quality materials, with advanced machinery ensuring international quality standards. The company exports to over 20 countries and emphasizes quality control, holding certifications from ABS and BIS. Royalarc offers both standardized and customized solutions, with a strong customer base built on repeat business.

Royalarc Electrodes IPO Subscription Status

Date
QIB
NII
Retail
Total
14-Feb-25
0.0 times (X)
0.0 times (X)
0.25 times (X)
0.13 times (X)
17-Feb-25
0.74X
0.0X
0.89X
0.65X
18-Feb-25
1.04X
0.0X
2.15X
1.36X

Frequently asked questions

How to invest in the Royalarc Electrodes IPO ?

Investors can apply for the Royalarc Electrodes IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Royalarc Electrodes IPO ?

The issue size of the Royalarc Electrodes IPO is 36 Cr.

What is 'pre-apply' for Royalarc Electrodes IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Royalarc Electrodes IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.