Royal Sense IPO Details | GMP, Date, Price, Review

Royal Sense IPO

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 EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of Royal Sense IPO Issue

  • Working capital requirement;
  • Issue Expenses; and
  • General corporate purposes.

Royal Sense IPO Basic Details

IPO DateMar 12, 2024 to Mar 14, 2024
Listing DateTuesday, March 19, 2024
Face Value₹10 per share
Price68 per share
Lot Size2000 Shares
Issue Size1,450,000 shares of ₹10
(aggregating up to ₹9.86 Cr)
Fresh Issue1,450,000 shares of ₹10
(aggregating up to ₹9.86 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Share holding pre issue3,450,146
Share holding post issue4,900,146
Company PromotersMr. Rishabh Arora

Royal Sense IPO Reservation

Market Maker Shares Offered11.03% of the Net Issue
Other Shares Offered44.48% of the Net Issue
Retail Shares Offered44.48% 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.

Opening Date12 March 2024 (Tuesday)
Closing Date14 March 2024 (Thursday)
Basis of Allotment15 March 2024 (Friday)
Initiation of Refunds18 March 2024 (Monday)
Credit of Shares to Demat18 March 2024 (Monday)
Listing Date19 March 2024 (Tuesday)
Deadline for UPI mandate confirmation5 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.

Retail (Min)12000₹136,000
Retail (Max)12000₹136,000
S-HNI (Min)24000₹272,000

Royal Sense IPO Promoter Holding

The company’s promoters include Mr. Rishabh Arora.

Pre Issue Share Holding99.99%
Post Issue Share Holding67.15%

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.

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 Ratio5.65
Price/Book Value Ratio5.65

Royal Sense IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
14 March 2024₹0
13 March 2024₹0
12 March 2024₹0
11 March 2024₹0

Royal Sense IPO Detail Video:


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.


Royal Sense IPO Prospectus

Royal Sense IPO DRHPDownload
Royal Sense IPO RHPDownload
Royal Sense IPO Anchor Investors Details PDFDownload

Royal Sense IPO Rating

Our Rating2.0/5.0

Royal Sense Company Contact Information

Royal Sense Limited

Royal Sense Limited IPO

Registered Office: First Floor, Plot No 57, Phase-II, Badli Industrial Area, Badli, Delhi-110042, North West Delhi India;
Tel No.: +91 9205843102
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
Investor Grievance Email:
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
Investor Grievance Email:;
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)

Leave a Reply

Your email address will not be published. Required fields are marked *