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Royalarc Electrodes Limited IPO Date, Price, Review and Details

 

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Royalarc Electrodes Limited IPO

February 14, 2025 - February 18, 2025 Closed

Royalarc Electrodes Limited IPO

Rotalarc Electrodes Limited IPO was engaged in 1996, the company operates in the business of producing welding of consumables, e.g. Weld Electrode, Flux Kore, MIG/TIG, which finds it application in welding tanks, boilers, heavy structures, Beam, pipes, cylinder, pressure equipment, etc. They produce their products from copper-coated wires, MS strips, MS Wire, SS Strip, SS Wire, Nickel Wire, Ferro -alloy Powder etc. to their highly sophisticated and technically capable of international standards The production plant is spread over an area of ​​25082.61 square meters Bharat.

Company Promoters:

  • Bipin Sanghvi
  • Tarulata Sanghvi
  • Hardik Sanghvi
  • Swagat Sanghvi

Objects of this Issue:

  • Funding towards the expansion of their manufacturing facility situated at Village Zaroli, Umbergaon Valsad, Gujarat, Bharat.
  • Funding the working capital requirements of their Company.
  • General corporate purposes.

Financial Information of the Company:

 

Amount in Million (Rs.)

As on 31 Mar 2024

As on 31 Mar 2023

As on 31 Mar 2022

Total Assets

5,224.62

4,385.40

4,247.84

Total Liabilities

997.44

1,350.84

2,170.1

Net Profit

1,192.63

956.82

212.13

 
Royalarc Electrodes Limited IPO Schedule

1.     Bid or Offer Opens on: 14 February 2025
2.     Bid or Offer Closes on: 18 February 2025
3.     Tentative Allotment: 19 February 2025
4.     Initiation of Refunds: 20 February 2025
5.     Credit of share to Demat account: 20 February 2025
6.     Listing Date: 21 February 2025

Royalarc Electrodes Limited IPO Lot Size

The market lot size of Royalarc Electrodes Limited IPO is 2,400 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1200

₹1,44,000

Maximum

1

  1200

₹1,44,000

S-HNI(Minimum)

2

  2,400

₹2,88,000

 
Royalarc Electrodes Limited IPO

72 B, Bombay Talkies Compound, S.V. Road Malad West,
Mumbai, Maharashtra, India, 400064

Tel No: +91 78880 00553
Email Id: cs@royalarc.in
Website - https://royalarc.in/

Royalarc Electrodes Limited IPO Registrar Details:

KFIN TECHNOLOGIES LIMITED
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda,
Serilingampally, Hyderabad – 500 032, Telangana, India
Tel:  +91 40 6716 2222
E-mail:  rael.ipo@kfintech.com
Website:  www.kfintech.com

 

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