Royalarc Electrodes IPO
smelistedAbout the company
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.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed14 Feb 2025Bidding starts for all investor categories
IPO Closes
Completed18 Feb 2025Last day to place your bid
Basis of Allotment
Completed21 Feb 2025Share allotment finalised
Refund Initiation
Completed21 Feb 2025Refunds credited for non-allottees
Credit to Demat
Completed21 Feb 2025Allotted shares credited to demat account
Listing on Exchange
Completed24 Feb 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1200 | ₹144,000 | 1 | ₹144,000 | 1 lot only |
| HNI | 2 | 2400 | ₹288,000 | 2 | ₹288,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,538,462 | 18 | 0 | 0.00x | 100% |
| NII | 15% | 461,538 | 5.4 | 0 | 0.00x | 100% |
| Retail | 35% | 1,076,923 | 12.6 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
