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Royal Arc Electrodes Ltd.

IPO Details
  • Issue Type Book building
  • Price range Rs.114-120
  • Market Lot 1200
  • Total Equity Shares 2160000
  • Face Value Rs. 10
  • Listing Date Feb 24, 2025
IPO Timeline
Opening date Feb 14, 2025
Closing date Feb 18, 2025
Listing Date Feb 24, 2025

IPO Details

We manufacture our products from copper coated wire, MS Strips, MS wire, SS strip, SS wire, nickel wire, ferro alloypowder, etc conforming to international standards, from our highly sophisticated and technically competentmanufacturing facility spread over an area of 25082.61 sq. mtr which is situated at Zaroli, Umbergaon Valsad, Gujarat,Bharat. At our manufacturing facility, the raw materials undergo through a process of wire drawing and cutting, powdermixing, covering and baking. Accordingly, our existing manufacturing plant consists of extrusion units, baking ovens,drawing units, cutting units, forming mills, powder mixers, packing machines and testing labs.

Projects

1. Project Name: Funding towards the expansion of the existing

Project Cost: 48.87

2. Project Name: Funding of working capital requirements of the Company

Project Cost: 140

3. Project Name: General Corporate Purposes

Project Cost: 5.53

Promoters

Prmoters Name

1. Bipin Sanghvi

2. Tarulata Sanghvi

3. Hardik Sanghvi

4. Swagat Sanghvi

Prmoters Holdings
  • Pre Share Capital: 9299178
  • Pre Promoter Holding: 99.99
  • Offer to Public: 2160000
  • Post Share Capital: 8099178
  • Post Promoter Holding: 72.96

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • Fedex Securities Ltd.

Subscription Details

Field Description Field Value
Ipo Code 3423
Total Equity 2160000

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 0
No of Shares Bid For Qualified Institutional Buyers 584400
Total No of Shares Bid For Qualified Institutional Buyers 0.00
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 584400
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 0
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 0
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 0
No of Shares Bid For Non-Institutional Buyers 565200
Total No of Shares Bid For Non-Institutional Buyers 0.00
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 153600
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 411600
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 0
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 2205600
Total No of Shares Bid For Retail Individual Investor 0.00
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 1389600
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 816000
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 0
No of Shares Bid For All 3355200
Total 0.00