Royalarc Electrodes Limited IPO

Royal Arc Electrodes Ltd

₹1,36,800 /1200 sharesMinimum Investment

Royalarc Electrodes Limited IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹120.00₹120.00₹0.00 (0.00%)

Royalarc Electrodes Limited IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
14 Feb ‘25 - 18 Feb ‘25₹1,36,8001,200₹114 - ₹120
Issue SizeIPO Doc
36.00Cr
RHP PDF

Subscription rate

As of 18 Feb'25, 05:00 PM
Qualified Institutional Buyers1.04x
Non-Institutional Investor1.27x
Retail Individual Investor2.13x
Total1.52x

About Royalarc Electrodes Limited

Royalarc Electrodes is a manufacturer of welding consumables, catering to different industrial applications. The company produces welding products used in sectors such as railways, roadways, airport infrastructure, refineries, shipyards, mines, sugar industries, telecom, thermal power stations, and pre-engineered buildings (PEB). The company’s product portfolio includes welding electrodes, flux-cored wires, and MIG/TIG wires, which are used in welding tanks, boilers, heavy structures, beams, pipes, cylinders, and pressure vessels. In addition to manufacturing, Royalarc Electrodes is involved in the trading of ancillary products such as wheels, electro slag, welding flux-cored wire, electro slag strip cladding, SAW flux, and TIG/MIG wires.;
Founded in
1996
Managing director
Mr. Bipin Sanghvi
Parent organisation
Royal Arc Electrodes Ltd

Strengths & Financials of Royalarc Electrodes Limited

Strengths
Risks
The company claims to have long-term relationships with customers across various industries. The company caters to a diverse clientele, ranging from established industry players to small and medium-sized enterprises.
The company serves both domestic customers and exports its products to over 20 countries.
The company's products hold certifications from key regulatory bodies, including the American Bureau of Shipping (ABS), Indian Boilers Regulation (IBR), and Bureau of Indian Standards (BIS), ensuring compliance with industry standards.
To meet client specifications, product inspection and quality testing are conducted by NABL-accredited third-party inspection agencies, ensuring high standards of reliability and performance.
The company manufactures welding consumables, including welding electrodes and flux-cored wire, with an installed production capacity of 18,000 MTPA.
The company states that it has enhanced its manufacturing process by incorporating XRF machinery. Additionally, a 450 KWp rooftop solar installation has been set up to reduce reliance on the grid, lowering energy costs and promoting sustainability.
The company’s revenue from operations increased from Rs 62.91 crore in FY22 to Rs 96.94 crore in FY23 to Rs 99.79 crore in FY24. The profit after tax (PAT) has also increased from Rs 2.12 crore in FY22 to Rs 9.57 crore in FY23 to Rs 11.93 crore in FY24.

Royalarc Electrodes Limited Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Royalarc Electrodes Limited IPO

Apply asPrice bandApply upto
Regular114 - 120₹2 Lakh
High Networth Individual114 - 120₹2 - 5 Lakh
For Royalarc Electrodes Limited IPO, eligible investors can apply as Regular.
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