Royal Sense Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹68 - ₹68
- Lot size
- 2,000 shares
- Issue amount
- ₹9.86 cr
- Total subscription
- 8.65×
- Opens
- 12 Mar 2024
- Closes
- 14 Mar 2024
- Allotment
- 15 Mar 2024
- Listing
- 19 Mar 2024
Offer at a glance
Issue overview
- Issue size
- 14,50,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,36,000
- Fresh issue
- ₹9.86 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,36,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 34,50,146
- Shares after issue
- 49,00,146
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,36,000 |
| HNI | 2 | 4,000 | ₹2,72,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 4.39 | 32.1 |
| NIB | 4.38 | 43.75 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 2.04 |
| ROE | 17 |
| ROCE | 23 |
| RONW | 17 |
| PRE IPO(PE) | 2.04 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Royal Sense Limited, established in 2023, is a dedicated provider of medical equipment, surgical instruments, consumables, laboratory essentials, and diagnostic kits. Originally operating under the proprietorship of Mr. Rishabh Arora as "M/s Royal Traders, PHT and Anaya," the company transitioned into its current structure following its acquisition on April 28, 2023. Catering to the Ministry of Health Departments in Uttar Pradesh, Himachal Pradesh, Rajasthan, and Jammu & Kashmir, as well as government institutions and private hospitals across India, Royal Sense Limited ensures the reliable supply of essential healthcare products. With a dedicated team of 8 professionals as of June 30, 2023, the company remains committed to delivering high-quality medical solutions nationwide.
Strengths
- Expanding Digital Capabilities: Leveraging e-commerce and digital platforms for direct B2B and B2C sales, reducing dependency on traditional procurement models.
- Product Innovation & R&D: Investing in research and partnerships to develop high-demand, high-margin healthcare products, such as telemedicine solutions or AI-driven diagnostics.
- Regulatory & Compliance Strengthening: Ensuring robust compliance with healthcare regulations to maintain trust and eligibility for institutional contracts.
- Strategic Market Expansion: Exploring untapped markets, both geographically and through product diversification, to reduce dependence on existing customer segments.
Risk factors
- Supplier Diversification & Inventory Buffer: Establishing relationships with multiple suppliers and maintaining a strategic inventory reserve to minimize supply chain disruptions.
- Government & Institutional Partnerships: Strengthening ties with healthcare institutions and government agencies to secure long-term contracts and reduce reliance on volatile customer orders.
- Robust Financial & Credit Risk Management: Implementing strict credit control policies and diversifying revenue streams to manage uncertain customer payments.
- Regulatory Compliance & Legal Readiness: Investing in a strong regulatory affairs team to ensure timely approvals and proactive compliance with evolving industry regulations.
- Building Market Credibility: Leveraging case studies, partnerships, and financial transparency to mitigate concerns about its limited operating history and attract investor confidence.
Promoters
Mr. Rishabh Arora
Registrar & documents
Lead manager
Expert Global Consultants Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
First Floor, Plot No 57, Phase-II, Badli Industrial Area Badli, Delhi-110042
+91 9205843102
[email protected]Company website ↗Understanding ROYAL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.