Royal Sense Limited IPO is an BSE SME IPO. They are going to raise ₹9.86 Crores via IPO. The issue is priced at ₹68 to ₹68 per equity share. The IPO is to be listed on BSE.
Royal Sense Limited IPO opens for subscription on March 12, 2024, and closes on March 14, 2024. The allotment for the Royal Sense Limited IPO is expected to be finalized on March 15, 2024. Royal Sense Limited IPO will list on BSE SME with tentative listing date fixed as March 19, 2024.
| IPO Details | allotment |
| Minimum Investment ₹136,000 /1 Lot (2000 shares) | Price Range ₹68-₹68 | |
| Max Quantity 1 Lots/2000 Shares | Max Investment ₹136,000 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 9.86 Cr | Employee Discount ₹0 |
| Total Issue Size 1,450,000 Shares (aggregating up to ₹9.86 Cr) | Share Holding Pree Issue 3,450,146 | Issue Type Fixed price Issue IPO |
| Fresh Issue Share 1,450,000 Shares (aggregating up to ₹9.86 Cr) | Share Holding Post Issue 4,900,146 | Listing At BSE SME |
| Market Maker Portion 160,000 shares | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 12 March 2024 |
| Offer Ends | 14 March 2024 |
| Allotment | 15 March 2024 |
| Refunds | 18 March 2024 |
| Credit of shares to Demat account | 18 March 2024 |
| IPO Listing | 19 March 2024 |
About Royal Sense Limited
Royal Sense Limited was founded in 2023 and offers Medical Equipment, Surgical Instruments, Surgical Consumables, Laboratory Equipment, Laboratory Reagents, Medical Disposables and Diagnostic Kits.
They work relentlessly with the right strategy, forward-thinking and progressive ethos to position ourselves as the one-stop solution for customers looking to meet their complete needs for medical equipment, surgical instruments, surgical consumables, laboratory equipment, laboratory reagents, medical consumables, diagnostic equipment, sanitary napkins, pharmaceuticals, medicine and cosmetics
The company supplies its products to the Ministry of Health Department of various states like Uttar Pradesh, Himachal Pradesh, Rajasthan, Jammu & Kashmir itself and through a network of distributors/ sub-dealers. The company also supplies its products to government institutions and private hospitals across India.
| Founded in | Managing Director |
| 2023 | Mr. |
Share Holding
| Share Holding Pre-Issue | 99.99% |
| Share Holding Post-Issue | % |
Royal Sense Limited IPO Prospectus
| Royal Sense Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹646.05 | ₹126.45 | ₹ |
| Assets | ₹631.18 | ₹44.62 | ₹ |
| Profit | ₹50.64 | ₹13.11 | ₹ |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 33.32 Cr | ROE | % |
| P/E (X) | 178.95 | ROCE | % |
| POST P/E (X) | 82.25 | EPS | 0.38 |
| Debt to Equity | RONW | 13.00% |
Objects of the Issue
The Objects of the company is to raise funds for:
- Working capital requirement.
- Issue Expenses.
- General corporate purposes
Brokerage Firm IPO Review
- To be updated soon
| Royal Sense Limited Contact Details | |
| Address | Royal Sense Limited First Floor, Plot No 57, Phase-II, Badli Industrial Area Badli, Delhi-110042 |
| Phone: | +91 9205843102 |
| compliance@royalsense.in | |
| Website | http://www.royalsense.in/ |
| Royal Sense Limited IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | http://www.bigshareonline.com |
| Royal Sense Limited IPO Allotment Status Check |
| Royal Sense Limited IPO Allotment Status Check Click Here |
| Royal Sense Limited Lead Managers | |
| Expert Global Consultants Private Limited 1511, RG Trade Tower Netaji Subhash Place, Pitampura, New Delhi – 110 034, India | |
| Phone | 011 4509 8234 |
| ipo@expertglobal.in | |
| Website | https://www.expertglobal.in/ |
Royal Sense Limited IPO FAQs
What is Royal Sense Limited IPO?
- Royal Sense Limited IPO is an NSE SME IPO. They are going to raise ₹9.86 Crores via IPO. The issue is priced at ₹68 to ₹68 per equity share. The IPO is to be listed on BSE.
- The IPO opens on March 12, 2024, and closes on March 14, 2024.
When Royal Sense Limited IPO will open?
- The IPO is to open on March 12, 2024, for NII, and Retail Investors. and closes on March 14, 2024
What is Royal Sense Limited IPO Investors Portion?
- The investors’ portion for NII is 50%, and Retail is 50%.
What is Royal Sense Limited IPO Size?
- Royal Sense Limited IPO size is ₹9.86 crores.
What is Royal Sense Limited IPO Price Band?
- Royal Sense Limited IPO Price Band is ₹68 to ₹68 per equity share.
What is Royal Sense Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (2000 Shares) with ₹136,000. and Maximum Lot Size 1 Lots (2000 Shares) with ₹136,000
What is Royal Sense Limited IPO Allotment Date?
- Royal Sense Limited IPO allotment date is March 15, 2024.
What is Royal Sense Limited IPO Listing Date?
- Royal Sense Limited IPO listing date is March 19, 2024. The IPO to list on BSE.