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Objective of the Issue
The Company proposes to utilize the net proceeds from the Fresh Issue towards funding the following objects:
- Funding towards the expansion of the manufacturing facility situated at Village Zaroli, Umbergaon Valsad, Gujarat, Bharat.
- Funding the working capital requirements of the Company.
- General corporate purposes.
IPO Details, Price, Market Lot
| Royalarc Electrodes SME IPO Details | |
| IPO Open Date | 14 February 2025 |
| IPO Close Date | 18 February 2025 |
| IPO 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 (Aggregating up to ₹14.40 Cr) |
| Retail Portion | Not less than 35% of the offer |
| NII Portion | Not less than 15% of the offer |
| QIB Portion | Not more than 50% of the offer |
| Listing At | NSE SME |
| Royalarc Electrodes SME IPO Price | |
| Face Value | ₹10 Per Share |
| IPO Price Band | ₹114 to ₹120 Per Share |
| IPO Issue Type | Book Built Issue |
| Royalarc Electrodes SME IPO Time Table (Tentative) | |
| IPO Open Date | 14 February 2025 |
| IPO Close Date | 18 February 2025 |
| Basis of Allotment Date | 19 February 2025 |
| Initiation of Refunds | 20 February 2025 |
| Credit of Share to Demat Account | 20 February 2025 |
| IPO Listing Date | 21 February 2025 |
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Royalarc Electrodes Promotor & Promotor’s Holding Bipin Sanghvi, Tarulata Sanghvi, Hardik Sanghvi and Swagat Sanghvi are the promoters of the company. |
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| Pre Issue Promotor Holding | 99.99% |
| Post Issue Promotor Holding | 72.96% |
| Company’s Contact & Address | |
| Royalarc Electrodes Limited 72 B, Bombay Talkies Compound, S.V. Road Malad West, Mumbai, , 400064 Phone: +91 78880 00553 Email: cs@royalarc.in Website: https://royalarc.in/ |
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| Royalarc Electrodes SME IPO Registrar, Lead Manager, Prospectus | |
| Royalarc Electrodes SME IPO Prospectus | |
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| Royalarc Electrodes SME IPO Registrar | |
| Kfin Technologies Limited | |
| Royalarc Electrodes SME IPO Lead Manager | |
| Fedex Securities Pvt Ltd | |
Royalarc Electrodes SME IPO Lot Size
| Number of Shares Per Lot = 1200 Shares | |||
| Application | Lot(s) | Shares | Amount |
| Retail (Minimum) | 1 | 1200 | ₹1,44,000 |
| Retail (Maximum) | 1 | 1200 | ₹1,44,000 |
| HNI (Minimum) | 2 | 2400 | ₹2,88,000 |
| Number of Shares Per Lot = 1200 Shares | |||
| Application | Lot(s) | Shares | Amount |
| Retail (Min) | 1 | 1200 | ₹1,44,000 |
| Retail (Max) | 1 | 1200 | ₹1,44,000 |
| HNI (Mini) | 2 | 2400 | ₹2,88,000 |
Financial Report
| Period Ended | Assets (₹ in Lakh) |
Revenue (₹ in Lakh) |
P A T (₹ in Lakh) |
Net Worth (₹ in Lakh) |
Borrowings (₹ in Lakh) |
| 30 September 2024 | 5,568.73 | 4,605.70 | 317.50 | 4,544.68 | 202.47 |
| 31 March 2024 | 5,224.62 | 10,099.25 | 1,192.63 | 4,227.18 | 19.71 |
| 31 March 2023 | 4,385.40 | 9,803.48 | 956.82 | 3,034.56 | 141.71 |
| 31 March 2022 | 4,247.84 | 6,482.23 | 212.13 | 2,077.74 | 781.25 |
| Period Ended | 30 Sept. 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 5,568.73 | 5,224.62 | 4,385.40 | 4,247.84 |
| Revenue | 4,605.70 | 10,099.25 | 9,803.48 | 6,482.23 |
| P A T | 317.50 | 1,192.63 | 956.82 | 212.13 |
| Net Worth | 4,544.68 | 4,227.18 | 3,034.56 | 2,077.74 |
| Borrowings | 202.47 | 19.71 | 141.71 | 781.25 |
| Amount in ₹ Lakh | ||||