Royal Arc Electrodes Limited IPO

NSE SME Allotment Out

Offer Date: Feb 14, 2025 - Feb 18, 2025

₹ 144000 /1200 Shares

Check Allotment

Royal Arc Electrodes IPO Details

14 Feb, 2025

Open Date

18 Feb, 2025

Close Date

19 Feb, 2025

Allotment Date

24 Feb, 2025

Listing Date

Issue Price

₹114-120 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

Market Lot

1200 Shares (₹144,000/-)

Lead Manager

Fedex Securities Pvt Ltd

Issue Size

30,00,000 shares(aggregating up to ₹36.00 Cr)

Retail Portion

35%

Subscription

1.67 times

IPO Docs

DRHP RHP

The IPO of Royal Arc Electrodes is priced at ₹114-120 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Kfin Technologies Limited is the registrar of the issue.

Royal Arc Electrodes IPO bid opening date is from Feb 14, 2025 and the bid closing date was Feb 18, 2025.
Royal Arc Electrodes IPO allotment result will be available on Feb 19, 2025. The tentative listing date for Royal Arc Electrodes is Feb 24, 2025.

The total issue size is 30,00,000 shares(aggregating up to ₹36.00 Cr).

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

Total No. of Applications: 1,906 (Approx)

Royal Arc Electrodes Valuations

EPS Pre IPO

₹12.82/-

EPS Post IPO

₹5.72/-

P/E Pre IPO

9.36

P/E Post IPO

20.98

ROE

32.85%

ROCE

37.73%

Debt/Equity

RoNW

28.21%

PAT Margin

11.95

Price to Book Value

2.64

Royal Arc Electrodes Company Financials All values are in ₹ Cr.

	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

About The Company

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)

Pre Issue Share Holding: 99.99%

Post Issue Share Holding: 72.96%

Company Promoter(s)

Bipin Sanghvi
Tarulata Sanghvi
Hardik Sanghvi
Swagat Sanghvi

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.

Other Details

Company Contact Details

Royal Arc Electrodes

72 B, Bombay Talkies Compound, S.V. Road Malad West, Mumbai, , 400064

Phone: +91 78880 00553

Email: cs@royalarc.in

Website: https://royalarc.in/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: rael.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

Royal Arc Electrodes IPO - FAQs

Ans. Royal Arc Electrodes Limited IPO is a SME IPO. The issue is priced at ₹114-120 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Feb 14, 2025, and closes on Feb 18, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Royal Arc Electrodes Limited IPO opens on Feb 14, 2025 and closes on Feb 18, 2025.

Ans. The size of Royal Arc Electrodes Limited IPO is 30,00,000 shares(aggregating up to ₹36.00 Cr).

Ans. The IPO price band is set between ₹114-120 per equity share.

Ans. To apply for Royal Arc Electrodes Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Royal Arc Electrodes Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Royal Arc Electrodes Limited IPO is Feb 19, 2025.

Ans. The Royal Arc Electrodes Limited IPO will be listed on Feb 24, 2025.

Ans. Follow the steps to check the allotment status for Royal Arc Electrodes Limited IPO here.