Royalarc Electrodes IPO Day 3: Royalarc Electrodes shares get subscribed 1.55x times on day 3!Royalarc Electrodes IPO Day 3: Royalarc Electrodes shares get subscribed 1.55x times on day 3!

Royalarc Electrodes Limited IPO attained a 1.55x subscription on Day 3, showcasing strong investor confidence and steady demand. This response highlights trust in the company’s expansion strategy, growth potential, and promising market opportunities, reinforcing optimism about its future prospects and competitive position in the industry.

Royalarc Electrodes Ltd IPO Subscription Status

Royalarc Electrodes Limited IPO saw a 0.62x subscription on Day 2, reflecting strong investor confidence, steady demand, and belief in the company’s growth prospects, expansion strategy, and future market opportunities.

How to check Royalarc Electrodes Ltd IPO Subscription Status?

Steps to check Royalarc Electrodes Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Royalarc Electrodes Ltd IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Royalarc Electrodes Ltd IPO Allotment Status

The allotment date for the Royalarc Electrodes Ltd IPO is set for February 19, with shares priced from ₹114 to ₹120 per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples.

Royalarc Electrodes Ltd IPO Listing Date 

Royalarc Electrodes Ltd IPO is expected to be listed on the NSE SME on February 21, 2025.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.