₹ 144000
₹114- ₹120
1200
₹
-0
18 Feb 2025
Download20 Feb 2025
21 Feb 2025
Application Details
The Royalarc Electrodes IPO is set to open on February 14, 2025, and close on February 18, 2025. This Book Built Issue IPO has a price band of ₹114 to ₹120 per share, with a face value of ₹10 per share. Investors can apply in a lot size of 1,200 shares, with a minimum and maximum retail investment of ₹1,44,000.
The total issue size comprises 30,00,000 shares, aggregating up to ₹36 crore, including a fresh issue of 18,00,000 shares worth ₹21.60 crore and an offer for sale of 12,00,000 shares amounting to ₹14.40 crore. The IPO is set to be listed on NSE SME.
The tentative timeline indicates that the basis of allotment will be finalized on February 19, 2025, followed by the initiation of refunds and credit of shares to Demat accounts on February 20, 2025. The expected listing date is February 21, 2025. For High Net-worth Individuals (HNIs), the minimum application requires two lots, totaling 2,400 shares worth ₹2,88,000.
About Royalarc Electrodes Limited (SME IPO)
Royalarc Electrodes Limited, incorporated in 1996, is engaged in the manufacturing of welding consumables, including welding electrodes, flux-cored wire, and MIG/TIG wires. These consumables are widely used in welding applications for tanks, boilers, heavy structures, beams, pipes, cylinders, pressure vessels, and more, catering to industries such as railways, roadways, airports, refineries, shipyards, mining, sugar, telecom, thermal power stations, and pre-engineered buildings (PEB). In addition to manufacturing, the company trades ancillary and incidental products such as wheels, electro slag, welding flux-cored wire, electro slag strip cladding, saw flux, and TIG/MIG wires.
Operating from a state-of-the-art facility spanning 269,198 sq. ft. in Zaroli, Umbergaon, Gujarat, the company utilizes raw materials like copper-coated wire, MS strips, MS wire, SS strips, SS wire, nickel wire, and ferro alloy powder. Royalarc Electrodes Limited manufactures both standardized and customized products, supplying domestically and exporting to over 20 countries. Its products hold certifications from the American Bureau of Shipping (ABS), Indian Boilers Regulation (IBR), and the Bureau of Indian Standards (BIS), with inspections conducted by NABL-accredited laboratories.
The company's product portfolio includes various types of welding electrodes, such as mild steel, low hydrogen, stainless steel, hard-facing, cutting, and non-ferrous electrodes. It also offers flux-cored wire for high deposition rates, joining, wear protection, and repairs in different sizes and specifications. While it currently trades TIG/MIG wires due to market conditions, the company may resume manufacturing based on demand. As of December 31, 2024, Royalarc Electrodes Limited employs a total of 144 permanent workers.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.