Royalarc Electrodes SME IPO Subscription Status
Royalarc Electrodes SME IPO closed on 18 February 2025 with an overall subscription of 1.60x based on shares applied. QIB demand came in at 1.04x, NII at 0.92x, and retail at 2.20x.
Allotment will be finalised on 19 February 2025. The stock is scheduled to list on NSE and BSE on 21 February 2025.
Issue Price
Rs 120.00
GMP Today
-
Overall Subscription
1.60x
Issue Size
₹36.00 Cr
Allotment Date
19 Feb 2025
Listing Date
21 Feb 2025
Royalarc Electrodes SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 120.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 6.72 Cr | Rs 7.01 Cr | 1.04x |
| NII | Rs 5.34 Cr | Rs 4.94 Cr | 0.92x |
| IND | Rs 12.01 Cr | Rs 26.44 Cr | 2.20x |
| Total | Rs 24.08 Cr | Rs 38.39 Cr | 1.59x |
Royalarc Electrodes SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 5,60,400 | 5,84,400 | 1.04x |
| NII | 4,45,200 | 4,11,600 | 0.92x |
| IND | 10,00,800 | 22,03,200 | 2.20x |
| Total | 20,06,400 | 31,99,200 | 1.59x |
What Do These Subscription Numbers Mean?
A subscription of 1.60x by shares means the IPO received bids for 2 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.04x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.04x, it reflects serious institutional conviction.
NII at 0.92x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 2.20x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Royalarc Electrodes SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 2.20x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Royalarc Electrodes SME IPO Allotment Status page from 19 February 2025 for your allotment result.
Royalarc Electrodes SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 14 Feb 2025 | 0.00x | 0.04x | 0.26x | 0.14x |
| Day 2 - 17 Feb 2025 | 0.74x | 0.13x | 0.90x | 0.68x |
| Day 3 - 18 Feb 2025 | 1.04x | 0.92x | 2.20x | 1.59x |
Royalarc Electrodes SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 14 February 2025 |
| IPO Close Date | 18 February 2025 |
| Allotment Date | 19 February 2025 |
| Refund Initiation | 20 February 2025 |
| Share Credit to Demat | 20 February 2025 |
| Listing Date | 21 February 2025 |
| Minimum Investment | Rs 2,88,000.00 |
| Lot Size | 1200 shares |
About Royalarc Electrodes SME
Incorporated in 1996, Royalarc Electrodes Limited manufactures welding consumables like welding electrodes, flux-cored wire, and MIG/TIG wires.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Royalarc Electrodes SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
Royalarc Electrodes SME IPO Allotment Status
Check allotment result on allotment date
Royalarc Electrodes SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
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Royalarc Electrodes SME IPO Subscription FAQs
What is Royalarc Electrodes SME IPO subscription status today?
Royalarc Electrodes SME IPO subscription closed on 18 February 2025 with overall subscription of 1.60x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 1.04x, NII 0.92x, IND 2.20x.
What is the overall subscription of Royalarc Electrodes SME IPO?
Royalarc Electrodes SME IPO is subscribed 1.60x overall by shares at close on 18 February 2025. QIB 1.04x, NII 0.92x, and IND 2.20x.
What is Royalarc Electrodes SME IPO QIB subscription?
Royalarc Electrodes SME IPO QIB (Qualified Institutional Buyers) subscription is 1.04x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Royalarc Electrodes SME IPO IND subscription?
Royalarc Electrodes SME IPO IND subscription is 2.20x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Royalarc Electrodes SME IPO NII subscription?
Royalarc Electrodes SME IPO NII (Non-Institutional Investors) subscription is 0.92x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Royalarc Electrodes SME IPO for retail?
Royalarc Electrodes SME IPO retail share subscription is 2.20x. Application-wise data is needed for accurate lottery odds.
When is Royalarc Electrodes SME IPO allotment date?
Royalarc Electrodes SME IPO allotment date is 19 February 2025. Check Royalarc Electrodes SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Royalarc Electrodes SME IPO subscription close?
Royalarc Electrodes SME IPO subscription closed on 18 February 2025. No new applications are accepted after the close.
What is Royalarc Electrodes SME IPO GMP today?
GMP for Royalarc Electrodes SME IPO is not available yet. Track Royalarc Electrodes SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Royalarc Electrodes SME IPO issue price and lot size?
Royalarc Electrodes SME IPO issue price is ₹120 per share. Lot size is 1200 shares. Minimum investment is ₹2,88,000 per lot (minimum 2 lots for SME). Issue size: ₹36.00 Cr.
When is Royalarc Electrodes SME IPO listing date?
Royalarc Electrodes SME IPO listing date is 21 February 2025 on NSE and BSE. Allotment is on 19 February 2025.
How does subscription affect Royalarc Electrodes SME IPO allotment?
Allotment odds in Royalarc Electrodes SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 1.60x overall, competition is moderate.
For allotment results from 19 February 2025, visit the Royalarc Electrodes SME IPO Allotment Status page. For listing day updates on 21 February 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.