Royal Sense IPO will open for subscription from 12 March 2024. The company aims for an issue size of ₹9.86 Cr through this IPO.
Company Overview
| Full name | Royal Sense Limited |
| Sector | Trading |
| Industry | Trading |
| Company Website | https://www.royalsense.in/ |
About Company
Incorporated in 2023, Royal Sense is a supplier of high-quality goods that meet international standards required for hospitals, laboratories, institutions, and clinics to provide health services. The company trades and offers a wide range of surgical accessories, tools, equipment, and other items. The supplied assortment can be customized according to the requirements of the clients and is offered in a wide range of parameters.
The company supplies its products to the Ministries of Health of various states such as Uttar Pradesh, Himachal Pradesh, Rajasthan, Jammu & Kashmir, as well as domestically either directly or through distributors/sub-distributors. Royal Sense also supplies to both government institutions and private hospitals across India. As of 30 June 2023, Royal Sense has a total of 8 full-time employees across various departments.
The Objectives of the Issue
- Working capital requirement;
- Issue Expenses; and
- General corporate purposes.
Royal Sense IPO Timetable
| IPO Opening date | 12 March 2024 |
| IPO Closing | 14 March 2024 |
| Basis of Allotment | 15 March 2024 |
| Initiation Refund | 18 March 2024 |
| Credit to Demat Account | 18 March 2024 |
| Listing Date | 19 March 2024 |
Royal Sense IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹9.86 Cr – 1,450,000 shares |
| Fresh Issue | ₹9.86 Cr – 1,450,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer Price | ₹68 per share |
| Lot size | 2000 Shares |
| Market Maker portion | 160,000 shares |
| Shareholding pre-issue | 3,450,146 |
| Shareholding post-issue | 4,900,146 |
| Listing Exchange | BSE SME |
Royal Sense IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹136,000 |
| Retail (Max) | 1 | 2000 | ₹136,000 |
| HNI (Min) | 2 | 4,000 | ₹272,000 |
Royal Sense IPO Reservation Details
| Retail Shares Offered | 50% |
| Retail Shares Offered | 50% |
Royal Sense Financial Performance
| 6 April – 30 June 2023 | |
| Revenue | 464.02 |
| Expenses | 395.61 |
| Net income | 50.64 |
Royal Sense Valuations & Margins
| 6 April – 30 June 2023 | |
| EPS | 1.47 |
| PE ratio | 46.26 |
| RONW (%) | 13.0 |
| NAV | 11.47 |
| ROCE (%) | 17.0 |
| EBITDA (%) | 0.15 |
| Debt/Equity | – |
Company Promoters
- Mr. Rishabh Arora.
Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding |
Royal Sense IPO Lead Manager(s)
EXPERT GLOBAL CONSULTANTS PRIVATE LIMITED
1511, RG Trade Tower Netaji Subhash Place,
Pitampura, New Delhi – 110 034
Phone: +91 011 4509 8234
Email: ipo@expertglobal.in
Website: www.expertglobal.in
Royal Sense Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Royal Sense Contact Details
ROYAL SENSE LIMITED
First Floor, Plot No 57, Phase-II,
Badli Industrial Area, Badli,
Delhi-110042, North West Delhi India
Phone: +91 9205843102
E-mail: compliance@royalsense.in
Website: www.royalsense.in
Royal Sense IPO Allotment Status
Royal Sense IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
Final thoughts
Royal Sense IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
