
Capital Goods / Industrial Manufacturing · NSE
Established in 1996, Royalarc Electrodes Limited manufactures a wide range of welding consumables such as electrodes, flux-cored wires, and MIG/TIG wires. Its products are used in welding applications for tanks, boilers, heavy structures, and pipelines across sectors like railways, refineries, airports, and power plants. The company also trades welding-related materials, including flux and electro slag, from its modern 269,198 sq. ft. facility in Zaroli, Umbergaon, Gujarat. Serving clients across India and exporting to over 20 countries, Royalarc provides both standard and customized solutions that meet ABS, IBR, and BIS certifications, with testing conducted in NABL-accredited labs. As of December 2024, it employs 144 permanent staff.
Price Band
₹114 – ₹120
Issue Size
₹36.00 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹120
at current GMP
Subscribed
1.67x
overall
Open
14 Feb 2025
Close
18 Feb 2025
Allotment
20 Feb 2025
Refund
21 Feb 2025
Demat Credit
22 Feb 2025
Listing
24 Feb 2025