Royal Sense IPO
The initial public offering (IPO) of Royal Sense will open for subscription on March 12 and close on March 14, comprising fresh issues of Rs.9.86 Crore An investor can apply for the issue for a minimum of 2000 shares and the listing will happen on March 19, 2024.
#1. Quick Intro to Royal Sense
Royal Sense Limited (2023) company supplies high-quality goods (Surgical accessories, tools, equipment, etc) to hospitals, labs, and clinics to provide health services.
Check out the IPO allotment status on IPO Deliver.
#2. IPO Object of Royal Sense
The company intends to use the IPO Funds for the following purposes:
- Funding the working capital requirement
- General corporate purpose.
#3. Royal Sense Core Strengths
- Diversified range of products
- Focus on quality and safety
- Existing relationship with the customers
- Core leadership and time-bound execution
- Experienced promoters and core management team
#4. Royal Sense IPO Review & Rating
| Issue Size | Rs.9.86 Crore |
| Issue Price | Rs.68 per share |
| Minimum Lot Size | 2000 Shares |
| Total Profit (Sep 30, 2023) | Rs.50.64 Lakhs |
| ROE (%) | – |
| ROCE (%) | – |
| Listing on | BSE SME |
| IPO Deliver Rating | One |
#5. Royal Sense IPO Dates, Price Band & Details
Royal Sense IPO will open on March 12, 2024, and close on March 14, 2024. The IPO is to be listed on March 19, 2024.
| Type of issue | Fixed Issue IPO |
| Issue Size | Rs.9.86 Crore |
| Price Brand | Rs.68 per share |
| Face Value | Rs. 10/- per share |
| IPO Open Date | March 12, 2024 |
| IPO Close Date | March 14, 2024 |
| IPO Allotment Date | March 15, 2024 |
| Refund Date | March 18, 2024 |
| Share Credit Date | March 18, 2024 |
| Listing Date | March 19, 2024 |
#6. Royal Sense IPO Offer Details
Royal Sense IPO’s total issue size is 14,50,000 shares, comprising the below-mentioned categories.
| Offer Category | Shares Offer | Amount (Crore) |
| Fresh Issue | 14,50,000 | 9.86 |
| Offer for Sale (OFS) | – | – |
#7. Royal Sense Financials Overview (Lakhs)
The following table sets forth the summary of financial information of the company for the period 30, 2023, March 31, 2023 and March 31, 2022.
| Category (Rs.) | June 30, 2023 | March 31, 2023 | March 31, 2022 |
| Total Revenue | 464.02 | – | – |
| Net Worth | 395.66 | – | – |
| Profit | 50.64 | – | – |
| Total Borrowings | – | – | – |
#8. Royal Sense Quantitative Factors
The following table sets forth the summary of financial information of the company for the period June 30, 2023, March 31, 2023 and March 31, 2022.
| Category | June 30, 2023 | March 31, 2023 | March 31, 2022 |
| EPS (Rs.) | 1.47 | – | – |
| RoNW (%) | 13 | – | – |
| NAV (Rs.) | 11.47 | – | – |
#9. Royal Sense Comparison with Other Peer Companies (Top 2)
No listed companies in India are comparable in all aspects of the business.
| Company Names | Total Revenue
(Rs. in millions) |
RoNW (%) | NAV (Rs.) |
| – | – | – | – |
| – | – | – | – |
#10. Royal Sense Company Promoters
The company has one promoter as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP).
| Sr. No. | Name of Promoter |
| 01. | Rishabh Arora |
#11. Royal Sense Pre-offer and Post-Offer Promoters Shareholding
| Promoters Holding | Percentage (%) |
| Pre-issue | 99.99 |
| Post-issue | – |
#12. Royal Sense IPO Reservation Details
Royal Sense IPO total reservation shares are distributed between the below-mentioned categories.
| Category | Share Offered |
| Retail Shares Offered | Not less than 50% of the Issue size |
| Others Shares Offered | Not less than 50% of the Issue size |
#13. Royal Sense IPO – Lot Size
An investor can apply for a minimum of 2000 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail (Min.) | 1 | 2000 | 1,36,000 |
| Retail (Max.) | 1 | 2000 | 1,36,000 |
| HNI (Min.) | 2 | 4000 | 2,72,000 |
#14. Royal Sense IPO – Prospectus Copy
An investor can download/view the Royal Sense prospectus copy, which the company filed to exchange, details are as follows.
| Royal Sense IPO Prospectus |
| Draft Red Herring Prospectus (DRHP) |
| Red Herring Prospectus (RHP) |
#15. Royal Sense IPO Registrar
Bigshare Services Private Limited
Phone No.: +91-022-62638200
E-Mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
#16. Royal Sense IPO Lead Managers
Expert Global Consultants Private Limited
Phone No. +91-011-45098234
E-Mail: ipo@expertglobal.in
Website: www.expertglobal.in
#17. Royal Sense IPO Application (How to Apply for an IPO)
There are three primary options for applying for a Royal Sense IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Royal Sense Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Royal Sense Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you.
#18. Royal Sense Company Details
Royal Sense Limited
Registered Office: First Floor Plot No.57, Phase II, Industrial area, Badli, Delhi-110042
Email: compliance@royalsense.in
Website: www.royalsense.in
Investor Grievances/Compliance Officer: Priyanka Bhutani
#19. Royal Sense Subsidiary Companies (Top 2)
| Sr.No. | Name of Companies (Indian) |
| 01. | – |
| 02. | – |
#20. Royal Sense Company Board (Top 2)
| Sr. No. | Name of Directors |
| 01. | Rishabh Arora |
| 02. | Harmeet Singh |
Royal Sense IPO – Frequently Asked Questions (FAQs)
| #1. What is a Royal Sense IPO?
Royal Sense brings its IPO of Rs.9.86 crore, on March 12, 2024, with a price band of Rs.61 to Rs.65 per share. |
| #2. What is the Royal Sense IPO Open date?
Royal Sense IPO’s opening date is March 12, 2024. |
| #3. What is the Royal Sense IPO Close Date?
Royal Sense IPO’s closing date is March 14, 2024. |
| #4. What is the Royal Sense IPO Listing date?
Royal Sense’s IPO listing date is March 19, 2024. |
| #5. What is the Royal Sense IPO Minimum investment amount?
Royal Sense IPO’s minimum investment amount is Rs. 1,36,000. |
| #6. What is the Royal Sense IPO offer issue Size?
Royal Sense offers an issue size of Rs.9.86 crore. |
| #7. What is the Royal Sense IPO Price Band?
Royal Sense’s IPO price band is Rs.68 per share. |
| #8. Is Royal Sense IPO mainboard IPO or SME IPO?
Royal Sense IPO is an SME IPO. |
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