✓
Open
12 Mar 2024
✓
Close
14 Mar 2024
3
Allotment
—
✓
Listing
Tue, Mar 19, 2024
Price Band
₹68 per share
Issue Size
14,50,000 shares (agg. up to ₹10 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Mar 19, 2024
Latest GMP
₹37
Est. Gain
54.41%
✦ AI Insight
GMP Trend
19-03-2024₹37Est. ₹105+54.41%
18-03-2024₹37Est. ₹105+54.41%
17-03-2024₹37Est. ₹105+54.41%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.43x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 |
|---|---|
| Assets | 5.70 |
| Total Income | 8.04 |
| Profit After Tax | 0.70 |
| NET Worth | 4.15 |
| Reserves and Surplus | 0.70 |
| Total Borrowing | 0.28 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Hemant Surgical Industries Ltd. | SME | ₹24.84 Cr | ₹90 | 12.28 | ₹179.55 | +99.50% | ₹389.90 (+3.44%) |
| Vasa Denticity Ltd. | SME | ₹54.07 Cr | ₹128 | 30.62 | ₹221.55 | +73.09% | ₹404.85 (+4.28%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working capital requirement | 6.00 |
| 2 | General corporate purposes | 2.40 |
| 3 | Issue Expenses | 1.46 |
About Royal Sense IPO
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.+ Read More
Contact Details
Royal Sense Ltd. AddressFirst Floor, Plot No 57Phase-II, Badli Industrial Area BadliDelhi, New Delhi, 110042+91 9205843102compliance@royalsense.inVisit Website