Royal Sense Limited IPO (Royal Sense IPO)

Royal Sense Limited IPO
Upcoming Royal Sense IPO | New Royal Sense IPO

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

Royal Sense IPO – Details

IPO Opening Date12 March 2024
IPO Closing Date14 March 2024
Issue TypeFixed Price Issue IPO
Issue Size14,50,000 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 Lot2000 Shares
Min Order2000 Shares (1 Lot)
Listing AtBSE SME
RegisterBigshare Services Pvt Ltd
NII (HNI) Shares Offered50%
Retail Shares Offered50%

Royal Sense IPO – Date Schedule

IPO Open Date12 March 2024
IPO Close Date14 March 2024
Basis of Allotment15 March 2024
Initiation of Refund18 March 2024
Credit of Shares to Demat Account18 March 2024
IPO Listing Date19 March 2024
Cut-off time for UPI mandate confirmation5 PM on 14 March 2024

Royal Sense IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)12000₹1,36,000
Retail (Maximum)12000₹1,36,000
HNI (Minimum)24000₹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.
Royal Sense Limited IPO

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
30 June 20234.643.950.50
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)0.09
EPS (Rs)2.040.59
P/E (x)33.33

Royal Sense IPO Promoter Holding

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

Royal Sense IPO Prospectus

Company Contact Information

Royal Sense Limited

First Floor, Plot No 57,
Phase-II, Badli Industrial Area Badli,

Phone: +91 9205843102

Royal Sense IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Royal Sense IPO Lead Manager(s)

1. Expert Global Consultants Private Limited

Royal Sense IPO FAQs

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.
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