Markets / IPO / Royal Arc Electrodes

Royal Arc Electrodes IPO

Updated 17:56

SME IPO on NSE Emerge · Electrodes & Refractories

Status
Listed
Price band
₹114–120
Lot size
1200 shares · ₹1,44,000
Subscribed
–

How it listed

Issue price
₹120
Listing price (open)
₹120.00 0.00%
First-day close
₹121.30 +1.08%
Price now
₹150.00 +25.00%
Listing day24 Feb 2025
Open / high / low / close₹120.00 / ₹122.50 / ₹120.00 / ₹121.30
Shares traded on NSE9,02,400
Market value at the listing-day close₹135 cr

Closing prices since listing: 9 Oct ₹158.00, 13 Oct ₹150.00, 14 Oct ₹150.00, 15 Oct ₹155.00, 16 Oct ₹164.50, 21 Oct ₹148.50, 27 Oct ₹153.00, 28 Oct ₹158.00, 29 Oct ₹157.00, 2 Nov ₹150.00.

Royal Arc Electrodes share price, live chart and technicals →

Key dates

Bidding opens14 Feb 2025
Bidding closes18 Feb 2025
Allotment19 Feb 2025
Refunds and shares in demat20 Feb 2025
Listing24 Feb 2025

Lot size by investor type

ApplicationLotsSharesAmount
Individual investor (minimum)11,200₹1,44,000
HNI (minimum)22,400₹2,88,000

At ₹120 a share. In SME IPOs individuals must bid for at least 1 lots.

Subscription

Investor categoryShares bid for
Institutions (QIB)5,84,400
HNI / NII5,65,200
Retail22,05,600
Total33,55,200

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 18 Feb 2025 19:00.

Applications from individual investors

1,838 applications in the individual investors' category.

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹12019.27 lakh shares57.4%
Cut-off final price, whatever it is; mostly retail13.90 lakh shares41.4%
Lower prices ₹114–1190.38 lakh shares1.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date13 Feb 2025
Anchor shares8,40,000
Raised from anchors₹10.08 cr
Lock-in ends for the first 50% (30 days)20 Mar 2025
Lock-in ends for the remaining 50% (90 days)19 May 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹133 cr₹167 cr
P/E (last 12 months' profit)13.316.6
Revenue, last 12 months₹116 cr
Profit, last 12 months₹10 cr
Return on equity–
Debt to equity–

From results the company filed with NSE (latest period to 31 Mar 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Electrodes & Refractories

CompanyListedSubscribedOn listingSince IPO
Monolithisch India SME19 Jun–+61.92%+834.44%

IPO details

Price band₹114–120
Final issue price₹120
Lot size1200 shares
Minimum investment₹1,44,000 (1 lot)
MarketNSE Emerge (SME)
Issue type100 % Book Building
Face value₹10
IndustryElectrodes & Refractories
Issue size₹36.00 crore (about 30.00 lakh shares) · Fresh issue + offer for sale: fresh ₹21.60 cr, offer for sale ₹14.40 cr
ISININE0EO401019
RegistrarKfin Technologies Limited
Helpline: +91 40 6716 2222, volercar.ipo@kfintech.com
Lead managersFedex Securities Private Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 19 Feb 2025. Check it on the registrar's page (Kfin Technologies Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Royal Arc Electrodes IPO price band and lot size?

The price band is ₹114–120 per share, and one lot is 1200 shares (₹1,44,000 at the upper price).

When is the Royal Arc Electrodes IPO allotment date?

Allotment was finalised on 19 Feb 2025, the next working day after bidding closed on 18 Feb 2025.

How many times was the Royal Arc Electrodes IPO subscribed?

Subscription figures are not available yet.

What is the Royal Arc Electrodes IPO listing date?

It listed on 24 Feb 2025 on NSE Emerge (SME).

When does the Royal Arc Electrodes anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 20 Mar 2025 and the 90-day lock-in on the rest ends on 19 May 2025; they can sell from the next trading day.

What was the Royal Arc Electrodes listing gain?

It opened at ₹120.00 against an issue price of ₹120, a gain of 0.00%. It is now up 25.00% from the issue price.