Royal Arc Electrodes IPO
Royal Arc Electrodes is an NSE SME IPO listed on the NSE SME platform, priced at ₹114–₹120 per share. The stock debuted at ₹120 with a flat listing performance. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,44,000.
Royal Arc Electrodes Limited IPO
- IPO Dates
- Feb 14, 2025 – Feb 18, 2025
- Price band
- ₹114-120 per equity share
- Minimum Investment
- ₹1,44,000
- Issue size
- ₹36 Cr
- Lot size
- 1200
- Allotment Date
- Feb 19, 2025
- Listing
- Feb 24, 2025
- Listing At
- NSE SME
IPO timeline
-
Feb 14, 2025
Open Date
Completed
-
Feb 18, 2025
Close Date
Completed
-
Feb 19, 2025
Allotment Date
Completed
-
Feb 24, 2025
Listing Date
Completed
Royal Arc Electrodes IPO Essentials
Royal Arc Electrodes IPO Details
Royal Arc Electrodes IPO is priced at ₹114-120 per share with a total issue size of 36 crore. The IPO has a lot size of 1200 shares and is listed on an NSE SME.
- Issue price
- ₹114-120 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 30,00,000 shares(aggregating up to ₹36.00 Cr)
- Total issue size
- 30,00,000 shares
(aggregating up to ₹36 crore) - Fresh issue
- 18,00,000 shares
(aggregating up to ₹21.6 crore) - Offer for sale (OFS)
- 12,00,000 shares
(aggregating up to ₹14.4 crore) - Listing at
- NSE SME
- List price
- 120.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Fedex Securities Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,44,000 |
| Retail(max) | 1 | 1200 | ₹1,44,000 |
| NII (min) | 2 | 2,400 | ₹2,88,000 |
Royal Arc Electrodes IPO Reservation
Royal Arc Electrodes IPO reservation details show category-wise allocation of shares. Out of the total 30,00,000 shares, approximately 18.68% are reserved for QIB, 14.84% for NII, 33.36% for retail investors, 5.12% for market maker, and 28% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 8,40,000 (28%) | |
| Market Maker Shares Offered | 1,53,600 (5.12%) | |
| QIB Shares Offered | 5,60,400 (18.68%) | |
| NII (HNI) Shares Offered | 4,45,200 (14.84%) | |
| Retail Shares Offered | 10,00,800 (33.36%) | |
| Total Shares Offered | 30,00,000 (100%) |
Royal Arc Electrodes IPO Analytics
Royal Arc Electrodes IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Royal Arc Electrodes IPO Subscription Status
Royal Arc Electrodes IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 5,60,400 / 4,45,200 | 10,00,800 | 20,06,400 |
|
Day 1
14-02-25 06:00 PM
|
(0.00 / 0.79) x | 0.26 x | 0.14 x |
|
Day 2
17-02-25 06:00 PM
|
(0.74 / 0.13) x | 0.90 x | 0.68 x |
|
Day 3
18-02-25 06:00 PM
|
(1.04 / 1.27) x | 2.20 x | 1.67 x |
Royal Arc Electrodes Valuations
Earnings
- EPS Pre IPO
- ₹12.82/-
- EPS Post IPO
- ₹5.72/-
- P/E Pre IPO
- 9.36
- P/E Post IPO
- 20.98
Returns
- ROE
- 32.85%
- ROCE
- 37.73%
- RoNW
- 28.21%
- PAT Margin
- 11.95
Fundamentals
- Price / Book
- 2.64
Royal Arc Electrodes Financials( In Crs.)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 52.25 | 43.85 | 42.48 |
| Revenue | 100.99 | 98.03 | 64.82 |
| Profit After Tax | 11.93 | 9.57 | 2.12 |
| Net Worth | 42.27 | 30.35 | 20.78 |
| Reserves & Surplus | 32.97 | 28.53 | 18.96 |
| Total Borrowing | 0.2 | 1.42 | 7.81 |
Royal Arc Electrodes Company & Offer Insights
About Royal Arc Electrodes
Incorporated in 1996, Royalarc Electrodes Limited is involved in the business of manufacturing of welding consumables such as, welding electrodes, flux cored wire, MIG/TIG wires.
The company used welding consumables for welding tanks, boilers, heavy structures, beams, pipes, cylinders, pressure vessels, and more, across industries such as railways, roadways, airports, refineries, shipyards, mining, sugar, telecom, thermal power stations, and PEB sectors.
It trades ancillary and incidental products, such as wheels, electro slag, welding flux-cored wire, electro slag strip cladding, saw flux, and TIG/MIG wires.
It produces products in copper-coated wire, MS strips, MS wire, SS strips, SS wire, nickel wire, and ferro alloy powder at its high-tech unit sprawling over 269,198 sq. ft. in Zaroli, Umbergaon, Gujarat.
The company manufactures standardized and customized products, supplying domestically and exporting to 20+ countries. Products are certified by American Bureau of Shipping (ABS), Indian Boilers Regulation (IBR), Bureau of Indian Standard (BIS), with inspections outsourced to NABL-accredited laboratories.
As of December 31, 2024, the company has a total workforce of 144 permanent employees.
Royal Arc Electrodes Promoter(s)
Bipin Sanghvi, Tarulata Sanghvi, Hardik Sanghvi, Swagat Sanghvi are the company's promoters of Royal Arc Electrodes.
Royal Arc Electrodes IPO Issue Objectives
- •
- Funding towards the expansion of the manufacturing facility situated at Village Zaroli, Umbergaon Valsad, Gujarat, Bharat
- •
- Funding the working capital requirements of the Company
- •
- General corporate purposes
- •
- The Company will not receive any proceeds from the Offer for Sale and the proceeds from the Offer for Sale will not form part of the Net Proceeds.
Royal Arc Electrodes IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Royal Arc Electrodes Limited | 12.82 | 12.82 | 45.45 | N/A | 28.21 | 2.67 | Standalone |
| Esab India Ltd. | 105.9 | 105.9 | 198.87 | 46.94 | 53.25 | 26.53 | Consolidated |
| Ador Welding Ltd. | 46.46 | 46.46 | 266.49 | 21.08 | 17.44 | 5.15 | Consolidated |
| Gee Ltd. | 4.95 | 4.95 | 78.61 | 29.17 | 6.29 | 3.27 | Consolidated |
| Rasi Electrodes Ltd. | 29 | 1.02 | 10.47 | 28.43 | 9.83 | 2.1 | Consolidated |
Notes:
- Considering the nature and size of the business of the company, the peers are not strictly comparable. However, the above companies are included for broad comparison.
- The P/E Ratio for the peer group has been computed based on the closing market price of respective equity shares as on February 06, 2025, sourced from stock exchange websites, divided by the basic/diluted EPS as applicable.
- Return on Net Worth (RoNW) is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital and reserves and surplus.
- NAV is computed as the closing net worth divided by the number of equity shares outstanding as on March 31, 2024.
Contact Information
Contact Details
Royal Arc Electrodes
+91 78880 00553
72 B, Bombay Talkies Compound, S.V. Road Malad West, Mumbai, , 400064
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Royal Arc Electrodes IPO is a book-built IPO worth ₹36 crore. The price band is ₹114–₹120 per share. The IPO opens on Feb 14, 2025 and closes on Feb 18, 2025. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of Royal Arc Electrodes IPO is ₹114 to ₹120 per share.
The lot size of Royal Arc Electrodes IPO is 1200 shares.
The minimum investment for Royal Arc Electrodes IPO is approximately ₹1,44,000 based on the upper price band .
Royal Arc Electrodes IPO opens on Feb 14, 2025 and closes on Feb 18, 2025.
The allotment date of Royal Arc Electrodes IPO is Feb 19, 2025.
Royal Arc Electrodes IPO is expected to be listed on Feb 24, 2025, on NSE SME Platform.
Royal Arc Electrodes IPO valuation snapshot: P/E 20.98, EPS ₹5.72/-, P/B 2.64, RoNW 28.21%, and market cap N/A.
To apply for Royal Arc Electrodes IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Royal Arc Electrodes IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Royal Arc Electrodes IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Royal Arc Electrodes IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Royal Arc Electrodes IPO allotment status on IPO Ji for quick and easy access.