Royal Sense Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 644,000 (44%) | — | ₹438 Cr |
| Retail | — | 646,000 (45%) | — | ₹439 Cr |
| Market Maker | — | 160,000 (11%) | — | ₹109 Cr |
| Σ Total | — | 1,450,000 (100%) | — | ₹9,860 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹136,000 |
| Retail (Max) | 13 | 26,000 | ₹1,768,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,904,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,112,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2023 |
|---|---|
| Revenue | 570 |
| Profit After Tax | 70 |
| Net Worth | 415 |
| Total Assets | 570 |
| Reserves & Surplus | 70 |
| Total Borrowing | 28 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Working capital requirement; –
- Issue Expenses; and –
- General corporate purposes. –
Company Overview
Founded in 2023, Royal Sense Limited deals in 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.