Royal Sense Limited IPO

BSE SME

Listed On: Mar 19, 2024 at ₹ 129.2

₹ 136000 /2000 Shares

Check Allotment

Royal Sense Limited IPO Details

12 Mar, 2024

Open Date

14 Mar, 2024

Close Date

15 Mar, 2024

Allotment Date

19 Mar, 2024

Listing Date

Issue Price

₹68 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

129.2

Listing Date

2024-03-19

Market Lot

2000 Shares (₹136,000/-)

Lead Manager

Expert Global Consultants Private Limited

Issue Size

1,450,000 shares(aggregating up to ₹9.86 Cr)

Retail Portion

50%

Subscription

8.64 times

IPO Docs

DRHP

Royal Sense Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	645,000	645,000	1,290,000
Day 1 - 12-03-24 06:00 PM	0.15 x	1.28 x	0.71 x
Day 2 - 13-03-24 06:00 PM	0.21 x	2.84 x	1.53 x
Day 3 - 14-03-24 06:00 PM	9.98 x	7.31 x	8.64 x

Total No. of Applications: 3,198 (Approx)

Royal Sense Limited Valuations

EPS Pre IPO

₹0.38/-

EPS Post IPO

₹0.83/-

P/E Pre IPO

178.95

P/E Post IPO

82.25

RoNW

13.00%

Royal Sense Limited Company Financials All values are in ₹ Lakh

	30-Jun-23	31-Mar-22	31-Mar-21
Assets	631.18	44.62	N/A
Revenue	464.05	126.45	N/A
Profit After Tax	50.64	13.11	N/A

About The Company

Royal Sense Limited was founded in 2023 and offers Medical Equipment, Surgical Instruments, Surgical Consumables, Laboratory Equipment, Laboratory Reagents, Medical Disposables and Diagnostic Kits.

Before the incorporation of the company, the business was run by Mr. Rishabh Arora as a sole proprietor under the name M/s Royal Traders, PHT and Anaya. On April 28, 2023, the company was then acquired by Royal Sense Limited along with the assets and liabilities of the company.

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.

As of June 30, 2023, the company employed a total of 8 people in various departments.

Royal Sense Limited - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

Mr. Rishabh Arora

Royal Sense Limited IPO - Issue Objectives

Working capital requirement
Issue Expenses
General corporate purposes.

Royal Sense Limited IPO - FAQs

Ans. Royal Sense Limited IPO is a SME IPO. The issue is priced at ₹68 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Mar 12, 2024, and closes on Mar 14, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Royal Sense Limited IPO opens on Mar 12, 2024 and closes on Mar 14, 2024.

Ans. The size of Royal Sense Limited IPO is 1,450,000 shares(aggregating up to ₹9.86 Cr).

Ans. The IPO price band is set between ₹68 per equity share.

Ans. To apply for Royal Sense Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Royal Sense Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Royal Sense Limited IPO is Mar 15, 2024.

Ans. The Royal Sense Limited IPO will be listed on Mar 19, 2024.

Ans. Follow the steps to check the allotment status for Royal Sense Limited IPO here.