Issue Price
₹68
Per Share
GMP
NIL
Grey Market
Est. Listing
₹68
Expected Price
Min. Application
₹272,000
2 lots × 2000 shares
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.
Royal Sense Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 160,000 | — | ₹1.09 Cr | — |
| TOTAL | 1,450,000 | 100.00% | ₹9.86 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹136,000 |
| Retail (Max) | 13 | 26,000 | ₹1,768,000 |
| sNII (Min) | 14 | 28,000 | ₹1,904,000 |
| bNII (Min) | 68 | 136,000 | ₹9,248,000 |
| Particulars | 30 Sep 2023 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 569.87 | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 70.28 | N/A | N/A |
| Net Worth | 415.29 | N/A | N/A |
| Total Assets | 569.87 | N/A | N/A |
| Reserves & Surplus | 70.28 | N/A | N/A |
| Total Borrowings | 27.58 | N/A | N/A |