IPO - Check IPO Date, Price, Lot Size

Royal Arc Electrodes Ltd IPO

Incorporated in 1996, our Company is engaged in the business of manufacturing of welding electrodes, flux cored wires, MIG/TIG wires. We are capable of manufacturing both standardized as well as customized products. Further, our Company is also engaged in the business of trading of ancillary/ incidental products like abrasive wheels, welding flux, saw wire, saw flux, and special TIG /MIG. We supply our products to domestic customers and export customers.

Royal Arc Electrodes Ltd IPO Details

Total Shares Offered

₹ 30,00,000

Offer to Public

12,00,000

Retail Max (Shares)

₹ 10,00,800

Pre Issue Promoters Holding

₹ 92,99,178

Exchange

NSE

Issue size

₹ 36 Cr

IPO Open Date

Feb 14, 2025

Close Date

Feb 18, 2025

Lot Size

1200

Min Investment

₹ 1,36,800

Issue Type

Book Building - SME

Listing Date

Feb 24, 2025

Royal Arc Electrodes Ltd IPO Dates

Feb 14, 2025

Opening date

Feb 18, 2025

Closing date

Feb 20, 2025

Basis of Allotment

Feb 21, 2025

Initiation of Refunds

Feb 21, 2025

Credit of Shares

Feb 24, 2025

Listing date

Details

Sector	Type
Sector	Electrodes - Welding Equipment
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	0.42x	1400400	584400
NII	1.27x	445200	565200
Retail	2.2x	1000800	2205600
Employee	0x	0	0
Total	1.12x	3000000	3355200

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

0.42x

1.27x

2.2x

1.12x

1400400

445200

1000800

3000000

584400

565200

2205600

3355200

Royal Arc Electrodes Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	18.07	14.90	4.58
EBITDA	19.88	16.74	6.35
PAT	11.93	9.57	2.12
Total Assets	32.06	27.99	26.80
Share Capital	9.30	1.82	1.82
Total Borrowings	1.39	2.89	9.26
Operating Activities (Net Cash)	13.74	11.41	3.89
Investing Activities (Net Cash)	1.24	1.33	-0.33
Financing Activities (Net Cash)	1.39	2.89	9.26
Net Cashflow	0.96	3.02	0.05

About Royal Arc Electrodes Ltd

Our Company was incorporated in Mumbai, Maharashtra, as a Royalarc Electrodes Private Limited, a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated January 15, 1996, issued by the Additional Registrar of Companies, Maharashtra. Thereafter, our Company was converted from a private limited company to a public limited company pursuant to a special resolution passed by our Shareholders at the Extraordinary General Meeting held on March 09, 2005, and consequent upon conversion, the name of our Company was changed to Royalarc Electrodes Limited and a certificate of change of name dated March 31, 2005, issued by Registrar of Companies, Maharashtra, Mumbai. Subsequently, the name of our Company was changed to Royal Arc Electrodes Limited pursuant to the special resolution passed by the Shareholders of our Company at the Extra-Ordinary General Meeting held on May 29, 2023. The Registrar of Companies, Maharashtra, Mumbai issued a fresh certificate of incorporation dated June 16, 2023, upon change of the name of the Company.

Manufacturing is emerging as an integral pillar in the country's economic growth, thanks to the performance of key sectors like automotive, engineering, chemicals, pharmaceuticals, and consumer durables. The Indian manufacturing industry generated 16-17% of India's GDP pre-pandemic and is projected to be one of the fastest growing sectors. The machine tool industry was literally the nuts and bolts of the manufacturing industry in India.

Peer Comparison:

Esab India Ltd
GEE Ltd
Rasi Electrodes Ltd

Royal Arc Electrodes Ltd Key Points

Strengths

Geographically spread distribution network.

Long-standing relationships with customers across industries.

Consistent financial performance.

Experienced promoters and strong management team.

Risk

The company revenue is dependent on the domestic market since, it contributes significantly to its total revenue from operations. Any adverse changes in the conditions affecting domestic market could adversely affect its business, results of operations and financial condition.

The company operates only one manufacturing facility and therefore, any localized social unrest, natural disaster, or breakdown of services, in and around its manufacturing facility or any disruption in production at, or shutdown of the company manufacturing facility could have a material adverse effect on its business and financial condition.

The company may faces several risks associated with the proposed expansion in its existing manufacturing facility, which could hamper the company growth, prospects, cash flows and business and financial condition.

Strategy

Increasing our manufacturing capacity to focus on the growing demand of our core products.

Strengthen our brand value and create awareness for our new products.

Strengthen our marketing network.

Improving operational efficiencies.

How To Apply for Royal Arc Electrodes Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Royal Arc Electrodes Ltd IPO?

Royal Arc Electrodes Ltd's IPO offers shares for up to 21.6 It begins on Feb 14, 2025 and ends on Feb 18, 2025.

What is the price of the Royal Arc Electrodes Ltd IPO?

The price of Royal Arc Electrodes Ltd IPO ranges between ₹114 to ₹120 per share.

What are the open and close dates for the Royal Arc Electrodes Ltd IPO?

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

When will the Royal Arc Electrodes Ltd IPO be allotted?

The allotment for the Royal Arc Electrodes Ltd IPO will be finalised on Feb 20, 2025. The shares will be listed on BSE and NSE on Feb 24, 2025.

What is the minimum lot size required for Royal Arc Electrodes Ltd IPO?

The minimum lot size for Royal Arc Electrodes Ltd IPO is 1200 shares, priced between ₹114 to ₹120 per share.

What is the GMP of Royal Arc Electrodes Ltd IPO?

The GMP (Grey Market Premium) of Royal Arc Electrodes Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Royal Arc Electrodes Ltd IPO?

To check the allotment status of Royal Arc Electrodes Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Royal Arc Electrodes Ltd IPO getting listed?

The Royal Arc Electrodes Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Feb 14, 2025, and closes on Feb 18, 2025. The allotment is finalised on Feb 20, 2025.

How do you apply for the Royal Arc Electrodes Ltd IPO?

To apply for the Royal Arc Electrodes Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.