Royal Arc Electrodes IPO Subscription Details

Bookbuilding IPO | ₹36 Cr | Listed at NSE SME | Fri, Feb 14, 2025 - Tue, Feb 18, 2025

Basis of Allotment - Royal Arc Electrodes IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)5,82,0008,40,00014,22,0004,06,80010,17,60028,46,400
Allotment price (Rs.)120120120120120120
No.of applications347621,8001,869
No.of shares applied5,84,4008,40,00014,24,4004,06,80021,60,00039,91,200
Amount collected (Rs.cr.)7.01 10.08 17.09 4.88 25.92 47.89
No.of times subscribed1.001.001.001.002.121.40
No.of shares allotted5,82,0008,40,00014,22,0004,06,80010,17,60028,46,400
Amount (Rs.cr.)6.98 10.08 17.06 4.88 12.21 34.16
No.of allottees34762848917

IPO Shares Offered

Royal Arc Electrodes IPO is a public issue of 0.28 Cr equity shares. The issue offers 0.10 Cr shares to retail investors, 0.14 Cr shares to qualified institutional buyers, and 0.04 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,53,6001.84 5.12%
QIB 14,22,00017.06 47.40%
    Anchor 8,40,000 10.08 28.00%
    QIB (Ex Anchor) 5,82,000 6.98 19.40%
NII* 4,06,8004.88 13.56%
Retail10,17,60012.21 33.92%
Total30,00,00036.00 100%

Royal Arc Electrodes IPO Anchor Investor Allocation

A total of 8,40,000 shares at a price of Rs 120 per share will be allotted to the anchor investors.

Anchor investors bid opening dateFeb 13, 2025
Anchor investor price₹120.00
Anchor investors as % of QIBs59.07%
No. of shares locked-in for 30 days4,20,000
No. of shares locked-in for 90 days4,20,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 ZEAL GLOBAL OPPORTUNITES FUND ZEAL GLOBAL 1,71,600 2.06 20.43 5.72
2 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 2,50,800 3.01 29.86 8.36
3 MINT FOCUSED GROWTH FUND PCC-CELL 1 MINT FOCUSED 2,50,800 3.01 29.86 8.36
4 SAINT CAPITAL FUND SAINT CAPITAL 1,66,800 2.00 19.86 5.56
8,40,00010.0810028.00

IPO Subscription FAQs

The Royal Arc Electrodes IPO is subscribed 1.6 times by Feb 18, 2025 18:20.

Royal Arc Electrodes IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.04
Non Institutional0.92
Retail Individual2.2
Total Subscription1.6

Retail category of Royal Arc Electrodes IPO subscribed 2.2 times as of date Feb 18, 2025 18:20. The public issue closes on Tue, Feb 18, 2025 for bidding.

An investor can apply in Royal Arc Electrodes IPO online via bank (using ASBA) or the broker (using UPI). The Royal Arc Electrodes IPO shares are offered online only.

The Royal Arc Electrodes IPO is subscribed 1.6 times by Feb 18, 2025 18:20.

The Royal Arc Electrodes IPO allotment status is expected on or around Wednesday, February 19, 2025. Visit Royal Arc Electrodes IPO allotment status to check.

The Royal Arc Electrodes IPO listing date is February 24, 2025. The equity share of Royal Arc Electrodes IPO will list on NSE SME.

Visit Royal Arc Electrodes IPO subscription status page for real-time bidding information about Royal Arc Electrodes IPO.

Royal Arc Electrodes IPO Timetable

IPO opens OnFriday, February 14, 2025
IPO Closes OnTuesday, February 18, 2025
Finalisation of Basis of AllotmentWednesday, February 19, 2025
Initiation of RefundsThursday, February 20, 2025
Credit of Shares to Demat AccountThursday, February 20, 2025
IPO Listing DateMonday, February 24, 2025
Open an Instant Account with Zerodha