
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
Overall Subscription
1.67x
Total Demand
QIB Multiplier
1.04x
Institutions & Funds
NII / HNI
1.27x
High Net-Worth
Retail (RII)
2.20x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 560,400 | 584,400 | 1.04x |
| NIB | 445,200 | 565,200 | 1.27x |
| RETAIL | 1,000,800 | 2,205,600 | 2.20x |
| Total | 2,006,400 | 3,355,200 | 1.67x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 3 | 0.00x |
| NIB | — | 65 | 0.00x |
| RETAIL | — | 1,838 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Royal Arc Electrodes Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹114 to ₹120 per equity share.
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,44,000. Expected listing price is ₹120 per equity share.
The Royal Arc Electrodes Limited IPO aggregate issue size is ₹36 Crores with an equity price band set at ₹114 to ₹120 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,44,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.67x (Retail: 2.20x, QIB: 1.04x, NII: 1.27x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-02-20. Investors can verify status using PAN card or application number.
Royal Arc Electrodes Limited shares are scheduled to list on NSE on 2025-02-24.