Royal Arc Electrodes Ltd Share Price

(ROYALARC)

Royal Arc Electrodes Limited was incorporated in Mumbai as a Royalarc Electrodes Private Limited certified dated January 15 1996 issued by the Additional Registrar of Companies Maharashtra. Thereafter Company was converted from a Private Limited to a Public Limited Company and upon conversion the Company name changed to Royalarc Electrodes Limited and a Certificate of Change in Name dated March 31 2005 was issued by Registrar of Companies Maharashtra Mumbai. Subsequently the name of Company was changed to Royal Arc Electrodes Limited and the Registrar of Companies has issued a fresh Certificate of Incorporation dated June 16 2023.The Company is engaged in the business of manufacturing of welding electrodes flux cored wires MIG/TIG wires strip cladding in the welding of tanks boilers heavy structures beams pipes cylinders pressure vessels etc. which are used in industries like railways roadways airport infrastructure refineries shipyards mines sugar industries telecom industries thermal power stations Preengineered Buildings PEB sectors etc. Further it is engaged in trading of ancillary/incidental products like abrasive wheels electro slag welding flux cored wire saw wire electro slag strip cladding saw flux and special TIG /MIG wires.In 2003 the Company expanded the manufacturing capacity by adding stateof the art facility. Apart from expansion it manufacture its products from copper coated wire MS Strips MS wire SS strip SS wire nickel wire ferro alloy powder etc conforming to international standards from highly sophisticated and technically competent manufacturing facility spread over an area of 6.197 acres which is situated at Zaroli Umbergaon Valsad Gujarat.The manufacturing facility is also accredited with ISO 9001:2015 certified by DNV Business Assurance. The key factor in business is the client/consultant certification given the critical application in which products are used. For instances products are certified by the American Bureau of Shipping ABS Indian Boilers Regulation IBR Bureau of Indian Standard BIS etc. Further based on client requirements the inspection and testing of the quality of products are outsourced to inspection agencies that are NABLaccredited laboratories.The Company is planning an Initial Public Offer by issuing upto 3000000 Equity Shares comprising 1800000 Equity Shares through Fresh Issue and 1200000 Equity Shares through Offer for Sale..

Share Price: ₹120.00 per share as on 05 Mar, 2025 10:23 AM
Market Capitalisation: ₹132.26Cr as of today
Listing date: 24 Feb, 2025
Chairperson Name: BIPIN SHANTILAL SANGHVI