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Royalarc Electrodes Limited IPO (NSE SME)

₹144,000 /1200 shares

Minimum Investment

Royalarc Electrodes Limited IPO (NSE SME) Details

Min. Investment

₹144,000

Lot Size

1200

Price Range

₹114 to ₹120 per share

Issue Size

₹36.00 Cr

About Royalarc Electrodes Limited

Royalarc Electrodes IPO is a book built issue of Rs 36.00 crores. The issue is a combination of fresh issue of 18.00 lakh shares aggregating to Rs 21.60 crores and offer for sale of 12.00 lakh shares aggregating to Rs 14.40 crores.

Subscription Figures 18 Feb, 2025 17:01

  • QIB 1.04x
  • NII 1.27x
  • Retail 2.2x
  • Total 1.67x

Tentative Date / Timetable

Bid/Offer Opens On Feb 14, 2025
Bid/Offer Closes On Feb 18, 2025
Finalisation of Basis of Allotment Feb 19, 2025
Initiation of Refunds Feb 21, 2025
Credit of Shares to Demat Acct Feb 21, 2025
IPO Shares Listing Date Feb 24, 2025

Company Promoters

1. Bipin Sanghvi
2. Tarulata Sanghvi
3. Hardik Sanghvi and Swagat Sanghvi are the promoters of the company.

Lead Managers

1. Fedex Securities Pvt Ltd

Contact Information

  • Royalarc Electrodes Limited 72 B, Bombay Talkies Compound, S.V. Road Malad West, Mumbai, , 400064
  • Phone No : 91 78880 00553
  • Email : cs@royalarc.in
  • Website : https://royalarc.in/

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