Royal Sense IPO Details ( Royal Sense Limited IPO Review )
(12 Mar 2024 – 14 Mar 2024)
Established in 2023, Royal Sense Limited specializes in providing Medical Equipment, Surgical Instruments, Surgical Consumables, Laboratory Equipment, Laboratory Reagents, Medical Disposables, and Diagnostic Kits.
Originally operated by Mr. Rishabh Arora as a sole proprietorship named “M/s Royal Traders, PHT and Anaya,” the business underwent a transition on April 28, 2023. At that time, Royal Sense Limited acquired the company, along with its assets and liabilities.
Our products are supplied to the Ministry of Health Departments in states such as Uttar Pradesh, Himachal Pradesh, Rajasthan, Jammu & Kashmir, both directly and through a network of distributors and sub-dealers. Additionally, we cater to government institutions and private hospitals across India.
As of June 30, 2023, our company employs a total of 8 individuals across various departments.
Royal Sense Limited IPO Competitive Strength
- Experience of our Promoter and core management team
- Existing well established reputation and customer relationships
- We offer a diversified range of products
- Quality Assurance and safety of products
Royal Sense IPO Financials Performance ( Results )
Royal Sense Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 30-Sep-23 | 569.87 | 804.07 | 70.28 | 2.04 | 415.29 | 12.04 | 70.28 | 27.58 |
Objective of Royal Sense IPO Issue
- Working capital requirement;
- Issue Expenses; and
- General corporate purposes.
Royal Sense IPO Basic Details
| IPO Date | Mar 12, 2024 to Mar 14, 2024 |
| Listing Date | Tuesday, March 19, 2024 |
| Face Value | ₹10 per share |
| Price | ₹68 per share |
| Lot Size | 2000 Shares |
| Issue Size | 1,450,000 shares of ₹10 (aggregating up to ₹9.86 Cr) |
| Fresh Issue | 1,450,000 shares of ₹10 (aggregating up to ₹9.86 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 3,450,146 |
| Share holding post issue | 4,900,146 |
| Company Promoters | Mr. Rishabh Arora |
Royal Sense IPO Reservation
| Market Maker Shares Offered | 11.03% of the Net Issue |
| Other Shares Offered | 44.48% of the Net Issue |
| Retail Shares Offered | 44.48% of the Net Issue |
Royal Sense IPO Timetable
Royal Sense IPO will open on March 12, 2024 and close on March 14, 2024. You can join Royal Sense IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 12 March 2024 (Tuesday) |
| Closing Date | 14 March 2024 (Thursday) |
| Basis of Allotment | 15 March 2024 (Friday) |
| Initiation of Refunds | 18 March 2024 (Monday) |
| Credit of Shares to Demat | 18 March 2024 (Monday) |
| Listing Date | 19 March 2024 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 PM on 14 March 2024 |
Royal Sense IPO Lot Size
For retail investors in Royal Sense IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹136,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹000,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹136,000 |
| Retail (Max) | 1 | 2000 | ₹136,000 |
| S-HNI (Min) | 2 | 4000 | ₹272,000 |
Royal Sense IPO Promoter Holding
The company’s promoters include Mr. Rishabh Arora.
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 67.15% |
Royal Sense Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 33.32 |
| Earning Per Share (EPS) | ₹2.04 per Equity Share |
| Net Asset Value (NAV) | ₹12.04 per Equity Share |
| P/E Ratio (P/E) (x) | 33.33 |
| Post P/E Ratio (P/E) (x) | |
| Return on Net Worth (RoNW) (%) | 17.00 |
| Return on equity (ROE) (%) | 17.00 |
| Return on Capital Employed (ROCE) (%) | 23.00 |
| Debt/Equity Ratio | 5.65 |
| Price/Book Value Ratio | 5.65 |
Royal Sense IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹0 | – | – |
| 14 March 2024 | ₹0 | – | – |
| 13 March 2024 | ₹0 | – | – |
| 12 March 2024 | ₹0 | – | – |
| 11 March 2024 | ₹0 | – | – |
Royal Sense IPO Detail Video:
link
Royal Sense IPO Subscription Status (Bidding Detail)
The Royal Sense IPO on March 14, 2024 at 7:00:00 PM was subscribed 8.52 times, with the retail category being subscribed 7.32 times, the other category being subscribed 9.72 times.
| Category | Subscription |
| Other | 9.72x |
| Retail | 7.32x |
| Total | 8.52x |
Royal Sense IPO Prospectus
| Royal Sense IPO DRHP | Download |
| Royal Sense IPO RHP | Download |
| Royal Sense IPO Anchor Investors Details PDF | Download |
Royal Sense IPO Rating
| Our Rating | 2.0/5.0 |
Royal Sense Company Contact Information
Royal Sense Limited
Registered Office: First Floor, Plot No 57, Phase-II, Badli Industrial Area, Badli, Delhi-110042, North West Delhi India;
Tel No.: +91 9205843102
Website: www.royalsense.in
E-mail: compliance@royalsense.in
Contact Person: Ms. Priyanka Bhutani, Company Secretary and Compliance Officer;
Our Promoter: Mr. Rishabh Arora
Royal Sense IPO Registrar
Link Intime India Private Limited
Address: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai -400093
Tel No: +91 22-62638200;
Fax No: +91 22-62638299
Website: www.bigshareonline.com
E-Mail: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Mr. Babu Rapheal C.
SEBI Registration No.: INR000001385
Royal Sense IPO Lead Manager
Expert Global Consultants Private Limited
Address: 1511, RG Trade Tower Netaji Subhash Place, Pitampura, New Delhi – 110034, India;
Telephone: 011 4509 8234
Email: ipo@expertglobal.in;
Website: www.expertglobal.in
Investor Grievance Email: compliance@expertglobal.in;
Contact Person: Mr. Gaurav Jain
SEBI Registration Number: INM000012874
CIN: U74110DL2010PTC205995
Royal Sense IPO FAQs
What is the lot size of Royal Sense IPO?
The total size of Royal Sense IPO is ₹9.86 crores and this is a complete fresh Issue.
When will Royal Sense IPO start?
Royal Sense IPO will open from 12 March 2024 and IPO will close on 14 March 2024.
What is the open date of Royal Sense IPO?
Royal Sense IPO will open date from 12 March 2024.
What is the last date ( close date ) of Royal Sense IPO?
Royal Sense IPO will close from 14 March 2024.
What is the price band of Royal Sense IPO?
Royal Sense IPO price band is ₹68.
What is the minimum amount required to apply for Royal Sense IPO?
The minimum investment for retailers to apply for Royal Sense IPO is ₹136,000 and the maximum investment is ₹136,000.
What is going on gray market premium of Royal Sense IPO?
View gray market premium of Royal Sense IPO by Clicking Here
How much is the GMP of Royal Sense IPO?
Watch Royal Sense IPO GMP Today: Click Here
What is the allotment date of Royal Sense IPO?
The allotment date of Royal Sense IPO is 15 March 2024.
How to check allotment status in Royal Sense IPO?
To check the allotment status of Royal Sense IPO, first of all go to the registrar website by clicking here, select your bad Royal Sense IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Royal Sense IPO?
The listing date of Royal Sense IPO is 19 March 2024.
How much will be the listing gain in Royal Sense IPO?
View listing gain of Royal Sense IPO by Clicking Here
How much time Royal Sense IPO is subscribed?
Total 8.52 times subscribed in Royal Sense IPO out of which 7.32 times subscription was done in retail quota, 9.72 times subscription in other quota.
How to apply for Royal Sense IPO from Upstox?
Click Here to see how to apply for Royal Sense IPO from Upstox. (step by step)
How to apply for Royal Sense PO from Zerodha?
Click Here to see how to apply for Royal Sense IPO from Zerodha. (step by step)
How to apply for Royal Sense IPO from Angle One?
Click Here to see how to apply for Royal Sense IPO from Angle One. (step by step)
