Royalarc Electrodes Limited IPO Date, Price, Review and Details
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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
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