Royal Arc Electrodes IPO

Issue:₹120

List:₹120

CMP:₹164

NSELot: 1200SME

LISTEDSME

Issue Price₹120

Listing₹120

Current₹164

Price Band

₹114 - ₹120

Lot Size

1,200

Issue Size

₹36 Cr

GMP

₹0

Subscription

0.14x

Content

IPO Schedule

Open

14 Feb

18 Feb

Allotment

Listing

24 Feb

About Royal Arc Electrodes

Royal Arc Electrodes is an SME engaged in the manufacturing and supply of welding electrodes. They cater to various industries requiring welding solutions, including fabrication, construction, and manufacturing sectors.

Subscription Status

QIB

0.00x

NII

0.04x

Retail

0.26x

Category	Day 3	Day 2	Day 1
QIB	1.04x	0.74x	0.00x
NII	0.92x	0.13x	0.04x
Retail	2.20x	0.90x	0.26x
Total	1.60x	0.68x	0.14x

Risk Factors

•SME IPOs are inherently riskier due to their smaller size and limited operating history.

•Fluctuations in raw material prices (e.g., steel, alloys) could impact profitability.

•Competition from larger, more established players in the welding electrodes market.