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The Royalarc Electrodes IPO is a book-built issue worth ₹36.00 crores. The issue consists of a fresh issue of 18.00 lakh shares, amounting to ₹21.60 crores, and an offer for sale of 12.00 lakh shares, totalling ₹14.40 crores.
The Royalarc Electrodes IPO will open for subscription on February 14, 2025 and close on February 18, 2025. The IPO allotment is expected to be finalized on Wednesday, February 19, 2025. The shares will be listed on NSE SME with a tentative date of Friday, February 21, 2025.
The IPO price band is set between ₹114 and ₹120 per share. The minimum lot size for retail investors is 1,200 shares, requiring an investment of ₹1,36,800. However, it is recommended that investors bid at the cutoff price to avoid oversubscription, which could bring the investment amount to around ₹1,44,000. For HNIs, the minimum investment amount is for 2 lots (2,400 shares), totalling ₹2,88,000.
For detailed insights, real-time updates on IPO GMP, subscription status, and allotment details, investors can refer to trusted platforms like IPO Watch, BSE IPO allotment, or the Quality Power Electrical Equipments Limited IPO Red Herring Prospectus (RHP). Staying updated on these crucial aspects ensures that investors make informed decisions regarding their participation in this IPO.
| IPO Date | February 14, 2025 to February 18, 2025 |
| Listing Date | February 14 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹114 to ₹120 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 30,00,000 shares (aggregating up to ₹36.00 Cr) |
| Fresh Issue | 18,00,000 shares (aggregating up to ₹21.60 Cr) |
| Offer for Sale | 12,00,000 shares of ₹10 (aggregating up to ₹14.40 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 93,00,200 shares |
| Share Holding Post Issue | 1,11,00,200 shares |
| Market Maker Portion | 1,53,600 shares Shreni Shares Limited |
| IPO Open Date | Fri, Feb 14, 2025 |
| IPO Close Date | Tue, Feb 18, 2025 |
| Tentative Allotment | Wed, Feb 19, 2025 |
| Initiation of Refunds | Thu, Feb 20, 2025 |
| Credit of Shares to Demat | Thu, Feb 20, 2025 |
| Tentative Listing Date | Fri, Feb 21, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 18, 2025 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,44,000 |
| Retail (Max) | 1 | 1200 | ₹1,44,000 |
| HNI (Min) | 2 | 2,400 | ₹2,88,000 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| 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 |
| Net Worth | 45.45 | 42.27 | 30.35 | 20.78 |
| Reserves and Surplus | 36.15 | 32.97 | 28.53 | 18.96 |
| Total Borrowing | 2.02 | 0.2 | 1.42 | 7.81 |
Maximizing Opportunities with Royalarc Electrodes Limited IPO
The Royalarc Electrodes Limited IPO presents a promising investment opportunity with a fresh issue and offer for sale, offering investors a chance to participate in the company’s growth. With a competitive price band of ₹114 to ₹120 per share, the IPO caters to both retail investors and HNIs. Investors are encouraged to stay informed about IPO GMP, subscription status, and allotment details through trusted platforms like IPO Watch and BSE IPO allotment. By keeping track of these crucial factors, investors can make well-informed decisions and effectively navigate the IPO process. With a tentative listing date of February 21, 2025, Royalarc Electrodes IPO could be an exciting addition to your portfolio.
