Royalarc Electrodes Limited IPO has ₹0 Grey Market Premium as of February 13, 2025, with a price range of ₹114 to ₹120 per share. Offering lots of 1,200 shares, the subscription window is open from February 14 to February 18, 2025.
Royalarc Electrodes Limited IPO GMP Today
The Grey Market Premium (GMP) for Royalarc Electrodes Limited is ₹0 as of February 13, 2025. This assessment coincides with a price of ₹114 to ₹120 per share for the IPO.
Royalarc Electrodes Limited IPO Review
Royalarc Electrodes Limited has demonstrated consistent financial growth, with total assets increasing from ₹42.48 crore in March 2022 to ₹55.69 crore by September 2024. Revenue for the six-month period stood at ₹46.06 crore, following a strong ₹100.99 crore in Fiscal 2024, highlighting steady business expansion.
The company’s net worth rose to ₹45.45 crore, supported by reserves and a surplus of ₹36.15 crore. Profit after tax for the half-year reached ₹3.18 crore. With minimal borrowings of ₹2.02 crore, Royalarc Electrodes maintains a strong financial position while continuing to expand its domestic and international market presence.
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Royalarc Electrodes Limited IPO Date
Royalarc Electrodes Limited will accept subscriptions from February 14 to February 18, 2025.
Royalarc Electrodes Limited IPO Price
Royalarc Electrodes Limited’s price range is ₹114 to ₹120 per share with a face value of ₹10 each.
Royalarc Electrodes Limited
Royalarc Electrodes Limited, incorporated in 1996, manufactures welding consumables like electrodes, flux-cored wire, and MIG/TIG wires. Serving industries including railways, refineries, and shipyards, the company operates a Gujarat-based facility and exports to 20+ countries, offering certified, customized solutions with NABL-accredited inspections for quality assurance.
How To Apply For Royalarc Electrodes Limited IPO?
To apply for the Royalarc Electrodes Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Royalarc Electrodes Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.