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Royalarc Electrodes IPO
1.36xsubscribed

Royalarc Electrodes IPO

Electrodes & Welding Equipment
listed
₹1.37LMin. investment

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

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

As on 14-Feb-25, 5:30 PM

Royalarc Electrodes IPO Timeline

  1. Pre-apply
    13 Feb 2025
  2. Bid start
    14 Feb 2025
  3. Bid end
    18 Feb 2025
  4. Allotment
    21 Feb 2025
  5. Release of funds
    21 Feb 2025
  6. Demat transfer
    21 Feb 2025
  7. Listing
    24 Feb 2025

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.

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

Objectives of Royalarc Electrodes Limited IPO

Working capital requirements
64.81%
The company will allocate ₹14 Cr for its own working capital needs.
Business expansion
22.59%
The company will spend ₹4.88 Cr towards the expansion of the existing manufacturing facility.
General corporate purposes
Not assigned
The company will use part of its net IPO proceeds for general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratio
This IPO₹99.78Cr16.62%₹11.92Cr₹133.2Cr9.36
This sector (avg.)₹436.42Cr0.04%₹38.47Cr₹2,512.29Cr38.35
₹2,560.03Cr---₹458.18Cr₹12,060.54Cr50.12
₹2,159.69Cr---₹115.05Cr₹10,459.38Cr40.56
₹1,373.47Cr---₹175.42Cr₹8,577.76Cr41.25

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Royalarc Electrodes IPO Contact Details

Company NameRoyalarc Electrodes Limited

How to apply for Royalarc Electrodes IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Royalarc Electrodes Limited IPO FAQs