Royalarc Electrodes IPO Review: Apply or Avoid?
Posted by : sachet | Thu Feb 13 2025
Royalarc Electrodes IPO is open for bidding on 14th February 2025. It is a book-built issue of 30,00,000 shares worth Rs 36.00 crore. It comprises a fresh issue of 18,00,000 shares worth Rs 21.60 crore and an offer for sale of 12,00,000 shares worth Rs 14.40 crore. The issue will be listed on NSE and SME on its tentative listing date, 21st February 2025.
Royalarc Electrodes IPO
Royalarc Electrodes IPO date is fixed between 14th February 2025 and 18th February 2025. The face value of Royalarc Electrodes Limited shares stands at Rs 10 per share, and the IPO price band is set at Rs 114 to Rs 120 per share.
Kfin Technologies Limited is the registrar of Royalarc Electrodes IPO and awaits to manage the allotment process and refund initiation in the IPO. Download Royalarc Electrodes IPO RHP to check out the further IPO details in the table below.
Royalarc Electrodes IPO Details
| IPO Open Date | 14th February 2025 |
| IPO Close Date | 18th February 2025 |
| IPO Allotment Date | 19th February 2025 |
| Refund Initiation | 20th February 2025 |
| Issue Size | 30,00,000 shares (worth Rs 36.00 crore) |
| Fresh Issue | 18,00,000 shares (worth Rs 21.60 crore) |
| Offer For Sale | 12,00,000 shares (worth Rs 14.40 crore) |
| Face Value | Rs 10 per share |
| Lot Size | 1,200 shares |
| Price Band | Rs 114 to Rs 120 per share |
| Market Makers Portion | 1,53,600 shares |
| Issue Type | Book Built Issue (Fresh Issue) |
| Listing At | NSE & SME |
| Listing Date | 21st February 2025 |
Royalarc Electrodes IPO GMP and Key Details
Royalarc Electrodes IPO is a book-built issue of 30,00,000 shares worth Rs 36.00 crore. Royalarc Electrodes Limited shares will be listed on NSE and SME. Furthermore, the SEBI has specified the share reservation criteria for different investors’ categories.
| Investor Categories | Reservation Required |
| QIB | <50% of total issue |
| Retail Investors | >35% of total issue |
| NII (sNII+bNII) | >15% of total issue |
| Total | 100% |
Note: QIB (Qualified Institutional Buyers), NII (Non-Institutional Investors), sNII (Small Non-Institutional Investors), bNII (Big Non-Institutional Investors).
Royalarc Electrodes IPO GMP Grey Market Premium
GMP is the difference between the issue’s fixed price and the price at which the company’s shares are trading in the grey market. Do you want to get live updates on Royalarc Electrodes IPO GMP? If yes, then you’ve reached the right spot. Go through the table below to know about the IPO GMP trends.
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gains |
| 13-02-2025 | Rs 0 | Rs 120 | 0.00% |
| 12-02-2025 | Rs 0 | Rs 120 | 0.00% |
| 11-02-2025 | Rs 0 | Rs 120 | 0.00% |
| 10-02-2025 | Rs 0 | Rs 120 | 0.00% |
*Data is updated as of 13th February 2025.
As of now, on 13th February 2025, Royalarc Electrodes IPO GMP stands at Rs 0 per share, which means the share will likely show a flat listing at Rs 120 (120+0) on its tentative listing date, 21st February 2025.
GMP data is subject to change based on market volatility and fluctuations. You should check the live GMP status before applying for Royalarc Electrodes IPO. Stay updated with Univest blogs to know about live data on IPOs and their GMP trends.
Royalarc Electrodes IPO Review
Check out the detailed review of Royalarc Electrodes IPO for a deep understanding of its potential to deliver listing gains on 21st February 2025. The Royalarc Electrodes IPO review below will help you invest effectively to avoid significant losses. Explore more to make precise decisions on this IPO application.
Financial Health
Assess a company’s financial performance to know about its ability to compete aggressively. Therefore, it is significant to analyse the financial growth of the business before applying for any IPO.
During FY23-24, the revenue of Royalarc Electrodes Limited stood at Rs 98.03 crore, which increased by 3.01% to Rs 100.99 crore. On the other hand, the PAT of the company was raised by 22.66% from Rs 9.57 crore to Rs 11.93 crore.
Royalarc Electrodes Limited has reported constant revenue growth, which states that the company is financially stable. Moreover, the brokers, investors, and SEBI RAs have a positive outlook for Royalarc Electrodes IPO for its tentative listing day, 21st February 2025.
Technical Analysis
Many technical indicators are available to assess a company’s potential to deliver returns. To analyse the technicals of Royalarc Electrodes IPO, use the parameters mentioned below.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 9.36 |
| PB Ratio (Price-to-Book) | 2.64 |
| EPS (Earnings Per Share) | 12.82 |
| RoNW | 28.21% |
| ROE | 32.85% |
| ROCE | 37.73% |
| PAT Margin (Profit After Tax) | 11.95 |
| Market Capitalisation | Rs 133.20 crore |
*Data is updated as of 13th February 2025.
The PE ratio of Royalarc Electrodes Limited shares is 9.36, and its Earnings Per Share stands at 12.82. The Royalarc Electrodes IPO can potentially deliver gains on its tentative listing date, 21st February 2025.
Royalarc Electrodes Limited Peer Comparison
| Company Name | Revenue (in cr.) | PE Ratio | Face Value (in Rs) | EPS (in Rs) | RoNW (in %) | Dividend Yield | NAV (in Rs) |
| Royalarc Electrodes Limited | 100.99 | 9.36 | 10 | 12.82 | 28.21% | NA | 45.45 |
| Esab India Limited | 342.00 | 46.94 | 10 | 105.90 | 53.25% | 1.75% | 198.87 |
| Gee Limited | 92.38 | 29.17 | 2 | 4.95 | 6.29% | 0.00% | 29.17 |
| Rasi Electrodes Limited | 23.18 | 28.43 | 2 | 29.00 | 9.83% | 0.00% | 10.47 |
| Ador Welding Limited | 246.70 | 21.08 | 10 | 46.46 | 17.44% | 1.58% | 266.49 |
*Data is updated as of 13th February 2025.
Note: The data as mentioned above is taken from authentic sources and highlights pre-issue information. PE ratio and EPS of Royalarc Electrodes Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 9.36 | 20.98 |
| EPS | 12.82 | 5.72 |
*Data is updated as of 13th February 2025.
Royalarc Electrodes IPO Subscription Status
Royalarc Electrodes IPO is open for bidding on 14th February 2025. However, the live subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Royalarc Electrodes IPO Subscription Status.
| Investor Category | Shares Offered | Shares Subscribed | Subscription in Times |
| Retail Investors | Yet to be announced | Yet to be announced | Yet to be announced |
| QIB | Yet to be announced | Yet to be announced | Yet to be announced |
| NII (sNII+bNII) | Yet to be announced | Yet to be announced | Yet to be announced |
| Market Maker | 1,53,600 | 1,53,600 | 1 time |
| Total | Yet to be announced | Yet to be announced | Yet to be announced |
*Data is updated as of 13th February 2025.
About Royalarc Electrodes Limited
Royalarc Electrodes Limited was incorporated in 1996 and is involved in the manufacturing of welding consumables like flux cored wire, MIG/TIG wires, and welding electrodes. Moreover, the company trades ancillary and incidental products like wheels, welding flux-cored wire, saw flux, electro-slag strip cladding, etc.
Royalarc Electrodes Limited not only supplies its products to domestic customers but also exports products to 20+ countries. Their products have received certification from the American Bureau of Shipping (ABS) and Bureau of Indian Standards (BIS), with inspections outsourced to NABL-accredited laboratories.
Royalarc Electrodes Limited Financials
Before applying for Royalarc Electrodes IPO, a financial analysis is essential. Explore the table about Royalarc Electrodes Limited’s financials.
| Year Ended | 30th September 2024 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) | 31st March 2022 (in cr.) |
| Assets | 55.69 | 52.25 | 43.85 | 42.48 |
| Revenue | 46.06 | 100.99 | 98.03 | 64.82 |
| Profit After Tax | 3.18 | 11.93 | 9.57 | 2.12 |
| Reserves and Surplus | 36.15 | 32.97 | 28.53 | 18.96 |
| Debt | 2.02 | 0.20 | 1.42 | 7.81 |
| Net Worth | 45.45 | 42.27 | 30.35 | 20.78 |
*Data is updated as of 13th February 2025.
Explanation
Royalarc Electrodes Limited has grown 3.01% in its revenue, estimated at Rs 98.03 crore in March 2023 and Rs 100.99 crore in March 2024. Moreover, the PAT of the company was raised by 24.66% from Rs 9.57 crore to Rs 11.93 crore.
Royalarc Electrodes IPO Bidding Requirements
Royalarc Electrodes IPO has reserved lot sizes to apply in the case of different investor categories. Have a look at the table below to know about the requirements to be fulfilled for applying for this IPO.
| Investor Category | Lots | Shares | Amount (in Rs) |
| Retail (Minimum) | 1 | 1,200 shares | Rs 1,44,000 |
| Retail (Maximum) | 1 | 1,200 shares | Rs 1,44,000 |
| HNIs (Minimum) | 2 | 2,400 shares | Rs 2,88,000 |
Aim of Royalarc Electrodes IPO
The primary aim of Royalarc Electrodes IPO is to raise Rs 36.00 crores. On the other hand, Royalarc Electrodes Limited has decided to utilise these funds in different manners. Explore some of the secondary objectives behind Royalarc Electrodes IPO.
- Working capital requirements.
- Expansion of manufacturing units in Gujarat.
- General corporate purposes.
Should I Invest in Royalarc Electrodes IPO?
“Royalarc Electrodes Limited is manufacturing and marketing welding consumable products. It generates revenue from the B2B segment. As per the recent financial updates, the Royalarc Electrodes IPO appears to be fully priced.” ~ Dilip Davda (Chief Editor at Chittorgarh).
We’ve mentioned some of its pros and cons to help you better understand whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering returns in the coming decades.
Pros of Royalarc Electrodes IPO
- Resilient business model
- Consistent growth in revenue
Cons of Royalarc Electrodes IPO
- High lot size
- B2B segment
- 0.00% GMP
- Increase in debt
How to Apply for Royalarc Electrodes IPO?
Check the steps mentioned below to apply for Royalarc Electrodes IPO.
- Step 1: Conduct thorough research on Royalarc Electrodes IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for one lot of 1,200 shares worth Rs 1,44,000 of Royalarc Electrodes IPO.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for Royalarc Electrodes IPO from more than one demat account to increase your allotment chances.
How to Check Royalarc Electrodes IPO Allotment Status?
You can check for Royalarc Electrodes IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On NSE
- Visit the NSE’s official website.
- Navigate to the IPO allotment page.
- Select Equity as the issue type.
- Choose Royalarc Electrodes IPO.
- Choose whether to proceed with the PAN number or application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Royalarc Electrodes IPO allotment status.
Let’s Wrap
Royalarc Electrodes IPO is the book-built issue of 30,00,000 shares worth Rs 36.00 crores. It comprises a fresh issue of 18,00,000 shares worth Rs 21.60 crore and an offer for sale of Rs 14.40 crore. The shares of Royalarc Electrodes Limited will be listed on NSE and SME on its tentative listing date of 21st February 2025. Researching Royalarc Electrodes IPO GMP and its reviews is highly recommended to book your ideal returns. Moreover, brokers and investors are neutral for this IPO.
Open a demat account on Univest now to initiate your investment journey. Explore the Univest terms and conditions by clicking on the link.
FAQs on Royalarc Electrodes IPO
1. How is Royalarc Electrodes IPO?
Ans. Currently, on 13th February 2025, Royalarc Electrodes IPO GMP (Grey Market Premium) stands at Rs 0 (0.00 % up). It indicates that the estimated listing price could be Rs 120 per share. It is a book-built issue of 30,00,000 shares worth Rs 36.00 crore. The IPO price band is fixed at Rs 114 to Rs 120 per share, and the face value of each share is Rs 10.
2. What is Royalarc Electrodes IPO price?
Ans. Royalarc Electrodes IPO price band has been set between Rs 114 and Rs 120 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 1,200 shares worth Rs 1,44,000. Moreover, HNIs are required to bid for a minimum of 2 lots (2,400 shares) worth Rs 2,88,000.
3. Is Royalarc Electrodes IPO good?
Ans. During FY23-24, the revenue of Royalarc Electrodes Limited stood at Rs 98.03 crore, which increased by 3.01% to Rs 100.99 crore. On the other hand, the PAT of the company was raised by 22.66% from Rs 9.57 crore to Rs 11.93 crore. Royalarc Electrodes IPO has gained a positive rating from industry experts, brokers and institutional investors.
4. Who is the registrar of Royalarc Electrodes IPO?
Ans. Kfin Technologies Limited is the registrar of Royalarc Electrodes IPO and awaits to manage the IPO allotment procedure and refund initiation. For any Royalarc Electrodes IPO allotment and refund query, contact Kfin Technologies Limited at reachus@kfintech.com or 04067162222.
5. What is the issue size of the Royalarc Electrodes IPO?
Ans. Royalarc Electrodes IPO is the book-built issue for 30,00,000 shares worth Rs 36.00 crore. It combines a fresh issue of 18,00,000 shares worth Rs 21.60 crore and an offer for sale of 12,00,000 shares worth Rs 14.40 crore. Moreover, the IPO will open on 14th February 2025 and close on 18th February 2025.
Disclaimer: The above information is accumulated from authentic sources and is just for informational purposes. To have detailed information about Royalarc Electrodes IPO, download the Royalarc Electrodes IPO RHP and Royalarc Electrodes IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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