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Issue Open Date
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14-Feb-25
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Issue Closing Date
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18-Feb-25
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Application Money
|
100
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Allotment Money
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Price Band
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114
-
120
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Minimium Application No.
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1200
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Issue Size (Shares)
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2160000
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Market Lot
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1
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Objective
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1. Funding towards the expansion of our manufacturing facility situated at Village Zaroli, Umbergaon Valsad, Gujarat, Bharat.2. Funding the working capital requirements of our Company.3. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
|
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Non-Institutional Investors
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565200
|
|
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Qualified Institutional Buyers
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|
584400
|
|
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Retail Individual Investors
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2205600
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Business Description
We manufacture our products from copper coated wire, MS Strips, MS wire, SS strip, SS wire, nickel wire, ferro alloypowder, etc conforming to international standards, from our highly sophisticated and technically competentmanufacturing facility spread over an area of 25082.61 sq. mtr which is situated at Zaroli, Umbergaon Valsad, Gujarat,Bharat. At our manufacturing facility, the raw materials undergo through a process of wire drawing and cutting, powdermixing, covering and baking. Accordingly, our existing manufacturing plant consists of extrusion units, baking ovens,drawing units, cutting units, forming mills, powder mixers, packing machines and testing labs.
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Promoter's Holding
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|
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Total Share Capital
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9299178
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Offered to Public
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2160000
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Promoter's Holding (Pre-Issue)
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99.99
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Promoter's Holding (Post-Issue)
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72.96
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Address |
72 B
Bombay Talkies Compound
S. V. Road
Malad (West)
Mumbai,
Maharashtra,
400064
Phone : 7888000553
Email : cs@royalarc.in
Website : https://royalarc.in/
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
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Listed at |
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NSE
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Lead Manager |
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Fedex Securities Ltd.
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Promoters |
Bipin Sanghvi
Hardik Sanghvi
Swagat Sanghvi
Tarulata Sanghvi
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|
