Royal Arc Electrodes IPO GMP, Review, Price, Date, Allotment, Details

Royal-Arc-Electrodes-IPO-GMP-Review-Price-Date-Allotment-Details.
WhatsApp Group Join Now
Telegram Group Join Now

Royal Arc Electrodes GMP :Royal Arc Electrodes IPO GMP is Open on 14 February 2025 and Close on 18 February 2025. Royal Arc Electrodes  IPO to Raise 2,02,04,618 shares (Approx ₹858.70  Cr) via IPO. The Fresh issue of 52,94,118 shares (Approx ₹ 225. Cr) and The Offer For Sale is ₹1,49,10,500 shares (Approx ₹633.70 Cr).

OUR BUSINESS

Our Company was incorporated in Mumbai, Maharashtra, as a “Royalarc Electrodes Private Limited” on 15 January 1996 , our Company is engaged in the business of manufacturing of welding consumables such as, welding electrodes, flux cored wire, MIG/TIG wires, which finds its application in the welding of tanks, boilers, heavy structures, beams, pipes, cylinders, pressure vessels, etc.

which are used in industries like railways, roadways, airport infrastructure, refineries, shipyards, mines, sugar industries, telecom industries, thermal power stations, PEB sectors, etc.

Further, our Company is also engaged in the business of trading of ancillary/incidental products like wheels, electro slag, welding flux cored wire, electro slag strip cladding, saw flux and TIG /MIG wires.

Our Hero Products Products

  • Welding Electrodes
  • Flux Cored Wire
  • Mig/Tig Wires
  • Strip Cladding
  • Smaw Welding

We manufacture our products from copper coated wire, MS Strips, MS wire, SS strip, SS wire, nickel wire, ferro alloy powder, etc conforming to international standards, from our highly sophisticated and technically competent manufacturing facility spread over an area of 25082.61 sq. mtr which is situated at Zaroli, Umbergaon Valsad, Gujarat, Bharat.

At our manufacturing facility, the raw materials undergo through a process of wire drawing and cutting, powder mixing, covering and baking.

our existing manufacturing plant consists of extrusion units, baking ovens, drawing units, cutting units, forming mills, powder mixers, packing machines and testing labs.

Our Company has the necessary instruments such as, chemical analysis instrument, spectro-meter, material testing lab equipment and is backed
by related quality assurance equipment’s for measuring chemical and mechanical properties along with their sizes and shapes of our raw materials and finished goods to match international and domestic standards as well as customer specifications.

We are capable of manufacturing both standardized as well as customized products. We supply our products to domestic customer and also exported our products to our customers spread across 20+ countries during the financial period under disclosure.

Royal Arc Electrodes IPO Date & Price Band Details

IPO Open Date 14 Feb 2025
IPO Close Date 18 Feb 2025
IPO Size 30.00.000 (Approx ₹ 36.00Cr)
Fresh Issue 18.00.000 (Approx ₹ 21.60 Cr)
Offer for Sale 12.00.000 (Approx ₹ 14.40 Cr)
Lot Size 1,200 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹114 to ₹120 Per Every Share
IPO Listing On NSE SME
IPO Retail Quota 35%
IPO QIB Quota 50%
IPO NII Quota 15%
DRHP Draft Click Here
Anchor Investor Click Here

Royal Arc Electrodes IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹1,44,000
Retail Maximum 1 1200 ₹1,44,000
S-HNI Minimum 2 2400 ₹2,88,000

Object Of Offer

1. Funding towards the expansion of our manufacturing facility situated at Village Zaroli, Umbergaon Valsad, Gujarat,Bharat.
2. Funding the working capital requirements of our Company.
3. General corporate purposes.

Royal Arc Electrodes IPO Allotment & Listings (Details)

IPO Open Date 14 Feb 2025
IPO Close Date 18 Feb 2025
Basis of Allotment 19 Feb 2025
Refunds 20 Feb 2025
Credit to Demat Account 20 Feb 2025
IPO Listing Date 21 Feb 2025

Royal Arc Electrodes Financial Reports

₹ in Crores
Year Revenue Expense PAT
Sep -2024 ₹46.06 ₹41.79 ₹3.18
2024 ₹100.99 ₹84.73 ₹11.93
2023 ₹98.03 ₹84.98 ₹9.57
2022 ₹64.82 ₹62.01 ₹2.12

Qualitative Factors

1. Geographically spread distribution network.
2. Long-standing relationships with customers across industries.
3. Consistent financial performance.
4. Experienced promoters and strong management team.

Comparison of accounting ratios with listed industry peers

Company Name Face Value EPS P/E Ratio RONW Revenue (₹ in Lakhs) NAV Per Share
Royal Arc Electrodes 10.00 12.82 9.36 28.21 -- 45.45
Peer Group
ESAB India Limited 10.00 105.90 46.94 53.25 -- 198.87
Ador Welding Limited 10.00 46.46 21.08 17.44 -- 266.49
Gee Limited 02.00 4.95 29.17 6.29 -- 78.61
Rasi Electrodes Limited 02.00 1.02 28.43 9.83 -- 10.47

Our Company Promoter

  • Bipin Sanghvi.
  • Tarulata Sanghvi.
  • Hardik Sanghvi and Swagat Sanghvi.

Comparison of accounting ratios with Listed Industry Peers

  • ESAB India Limited
  • Ador Welding Limited
  • Gee Limited
  • Rasi ElectrodesLimited

Our Company Royal Arc Electrodes Contact Details

Royalarc Electrodes Limited
72 B, Bombay Talkies Compound,
S.V. Road Malad West,
Mumbai, , 400064
Phone: +91 78880 00553
Email: cs@royalarc.in
Website: https://royalarc.in/

Royal Arc Electrodes Offer Lead Manager

FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle – [East],
Mumbai – 400 057, Maharashtra, India
Tel No.: +91 81049 85249
E-mail: mb@fedsec.in
Website: www.fedsec.in

Royal Arc Electrodes Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower-B, Plot 31 & 32, Gachibowli,Financial District,
Nanakramguda, Serilingampally, Hyderabad – 500 032, Telangana, India
Tel No.: +91 40 6716 2222
Toll Free No.: 1800 309 4001
Email Id: rael.ipo@kfintech.com
Investor Grievance Email Id: einward.ris@kfintech.com
Website: www.kfintech.com

Leave a Comment

Open Demat Account

Add Your Google News Feed Money Mint idea

Follow Money Mint idea for the Upcoming IPO News & IPO Reviews, Also Keep Following us on X, Facebook, or Instagram , Linkedin For Our Latest Videos, Subscribe to Our YouTube Channel.