Royal Sense Limited 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 IPO – Details
| IPO Opening Date | 12 March 2024 |
| IPO Closing Date | 14 March 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 14,50,000 Shares Worth ₹9.86 Crore Fresh Issue: 14,50,000 Shares Worth ₹9.86 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹68 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Royal Sense IPO – Date Schedule
| IPO Open Date | 12 March 2024 |
| IPO Close Date | 14 March 2024 |
| Basis of Allotment | 15 March 2024 |
| Initiation of Refund | 18 March 2024 |
| Credit of Shares to Demat Account | 18 March 2024 |
| IPO Listing Date | 19 March 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on 14 March 2024 |
Royal Sense IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 2000 | ₹1,36,000 |
| Retail (Maximum) | 1 | 2000 | ₹1,36,000 |
| HNI (Minimum) | 2 | 4000 | ₹2,72,000 |
Competitive Strengths
- Experience of the Promoter and core management team.
- The company offer a diversified range of products.
- Existing well established reputation and customer relationships.
- Cost competitiveness and time bound delivery.
- Stable financial performance with improved margins.
Company Promoters
- Mr. Rishabh Arora
Object Of The Issue
- Working capital requirement;
- Issue Expenses; and
- General corporate purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 30 June 2023 | 4.64 | 3.95 | 0.50 | – |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 17.00% |
| ROCE | 23.00% |
| RoNW | 17.00% |
| P/BV | 5.65 |
| PAT Margin (%) | 0.09 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 2.04 | 0.59 |
| P/E (x) | 33.33 | – |
Royal Sense IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 67.15% |
Royal Sense IPO Prospectus
Company Contact Information
| Royal Sense Limited First Floor, Plot No 57, Phase-II, Badli Industrial Area Badli, Delhi-110042 Phone: +91 9205843102 Email: compliance@royalsense.in Website: http://www.royalsense.in/ |
Royal Sense IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Royal Sense IPO Lead Manager(s)
| 1. Expert Global Consultants Private Limited |
Royal Sense IPO FAQs
| What is Royal Sense IPO? Royal Sense IPO is a SME IPO. The issue is priced at ₹68 per equity share. The IPO is to be listed on BSE SME. |
| When Royal Sense IPO will open? The IPO is to open on 12 March 2024 for NII – 50% and Retail – 50% Investors. |
| How to Royal Sense IPO? You can apply Royal Sense IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Royal Sense IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Royal Sense”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Royal Sense IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Royal Sense”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Royal Sense IPO Size? Royal Sense IPO size is ₹9.86 crores. |
| What is Royal Sense IPO Price Band? Royal Sense IPO Price Band is ₹68. |
| What is Royal Sense IPO Minimum and Maximum Lot Size (Retail)? The minimum bid is 2000 Shares with ₹1,36,000 amount while the maximum bid is 2000 shares with ₹1,36,000. |
| What is the Royal Sense IPO Allotment Date? Royal Sense IPO allotment date is 15 March 2024. |
