Aliceblue ANTInstall and trade smarter everywhere
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Royal Arc Electrodes Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹120
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,44,000
Issue Size
₹36 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.17%
QIB Quota
49.19%
NII Quota
15.64%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.99%
Promoter Holding (Post-Issue)
72.97%
Issue Type
Book Building - SME
ISIN
INE0EO401019
Incorporated in 1996, our Company is engaged in the business of manufacturing of welding electrodes, flux cored wires, MIG/TIG wires. We are capable of manufacturing both standardized as well as customized products. Further, our Company is also engaged in the business of trading of ancillary/ incidental products like abrasive wheels, welding flux, saw wire, saw flux, and special TIG /MIG. We supply our products to domestic customers and export customers.
Manufacturing is emerging as an integral pillar in the country's economic growth, thanks to the performance of key sectors like automotive, engineering, chemicals, pharmaceuticals, and consumer durables. The Indian manufacturing industry generated 16-17% of India's GDP pre-pandemic and is projected to be one of the fastest growing sectors. The machine tool industry was literally the nuts and bolts of the manufacturing industry in India.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 30,00,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Royal Arc Electrodes Limited ("The Company" or the "Issuer") for cash at a price of Rs. 120 per equity share (the "Offer Price"), (including a premium of Rs. 110 per equity share), aggregating to Rs. 36.00 crores ("The Offer"), comprising a fresh issue of 18,00,000 equity shares of face value of Rs. 10/- each aggregating to Rs. 21.60 crores (the "Fresh Issue") and an offer for sale of 12,00,000 equity shares of face value of Rs. 10/- each aggregating to Rs. 14.40 crores by selling shareholders (as defined below), comprising an offer for sale of 3,33,000 equity shares of face value of Rs. 10/- each aggregating to Rs. 4.00 crores by Hardik Sanghvi, 3,33,000 equity shares of face value of Rs. 10/- each aggregating to Rs. 4.00 crores by Swagat Sanghvi, 1,71,000 equity shares of face value of Rs. 10/- each aggregating to Rs. 2.05 crores by Bipin Sanghvi, 1,23,000 equity shares of face value of Rs. 10/- each aggregating to Rs. 1.48 crores by Tarulata Sanghvi ("Promoter Selling Shareholders") and an offer for sale of 1,20,000 equity shares of face value of Rs. 10/- each aggregating to Rs. 1.44 crores by Pooja Sanghvi, and of 1,20,000 equity shares of face value of Rs. 10/- each aggregating to Rs. 1.44 crores by Ami Sanghvi ("Promoter Group Selling Shareholders") (together with the promoter selling shareholders, "Selling Shareholders" and such equity shares offered by the selling shareholders, the "Offered Shares"). The 1,53,600 equity shares of face value of Rs. 10/- for cash at a price of Rs. 120 each aggregating Rs. 1.84 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e. net offer of 28,46,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 120 per equity share, aggregating to Rs. 34.16 crores is here in after referred to as the "Net Offer". The offer and the net offer will constitute 27.03 % and 25.64 % respectively of the post offer paid up equity share capital of the company. The face value of the equity share is Rs. 10 each. The offer price is 12 times the face value of the equity shares.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was incorporated in Mumbai, Maharashtra, as a "Royalarc Electrodes Private Limited", a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated January 15, 1996, issued by the Additional Registrar of Companies, Maharashtra. Thereafter, our Company was converted from a private limited company to a public limited company pursuant to a special resolution passed by our Shareholders at the Extraordinary General Meeting held on March 09, 2005, and consequent upon conversion, the name of our Company was changed to "Royalarc Electrodes Limited" and a certificate of change of name dated March 31, 2005, issued by Registrar of Companies, Maharashtra, Mumbai. Subsequently, the name of our Company was changed to "Royal Arc Electrodes Limited" pursuant to the special resolution passed by the Shareholders of our Company at the Extra-Ordinary General Meeting held on May 29, 2023. The Registrar of Companies, Maharashtra, Mumbai issued a fresh certificate of incorporation dated June 16, 2023, upon change of the name of the Company.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.