
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
Designated Registrar: Kfin Technologies Limited
Allotment Date
20 Feb 2025
Basis finalization
Refunds Initiate
21 Feb 2025
Mandate release
Demat Credit
22 Feb 2025
Shares in demat
Listing Debut
24 Feb 2025
Trading begins
Royal Arc Electrodes Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Manufacturing sector with an aggregate issue size of ₹36 Crores. The shares are offered at a price band of ₹114 to ₹120 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,44,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-02-22, while un-allotted funds or UPI block mandates will be released on 2025-02-21.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.