Royal Sense Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Royal

CMP

152.25

+6.30 (4.32%)

  • DRHP
₹68

Offer Price

₹ 9.86 Cr

Issue Size

₹ 1,36,000

Min Investment

2,000

Lot size

Time Line

  • 12
    Mar 2024
    Open
  • 14
    Mar 2024
    Close
  • 15
    Mar 2024
    Finalisation of Basis of Allotment
  • 18
    Mar 2024
    Initiation of Refunds
  • 18
    Mar 2024
    Transfer of Shares to Demat Account
  • 19
    Mar 2024
    Listing Date

Objects of the Offer

  • Focus on consistently meeting quality standards.

  • Deepen and expand its geographical presence.

  • Strengthening up its business through effective branding, promotional and digital activities.

  • Maintaining cordial relationship with its Suppliers, Customer and employees.

Products & Services

  • Royal Sense Limited is suppliers of high-quality goods that meet international standards required for hospitals, laboratories, institutions and clinics to provide health services.

Strengths

  • Experience of its Promoter and core management team.

  • The Company offers a diversified range of products.

  • Existing well established reputation and customer relationships.

  • Cost competitiveness and time bound delivery.

  • Stable financial performance with improved margins.

Risks

  • The Company has been recently incorporated and post incorporation has taken-over the running business of M/s Royal Traders, PHT and Anaya (Proprietorship firms of the Promoter) thus the company has limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.

  • The company depends significantly on customers and their spending in the healthcare industry and any decline in the spending on healthcare infrastructure in India, could adversely affect its business and profitability.

  • The company relies on suppliers for medical devices and equipment manufacturers for its trading goods. In case of any disruption in supply of these goods, the company business, results of operations and financial condition may be adversely affected.

  • Orders placed by customers may be delayed, modified, cancelled or not fully paid for by the company customers, which may have an adverse effect on its business, financial condition and results of operations.

  • The company are required to obtain, renew or maintain certain statutory and regulatory permits and approvals required to operate its business and if the compay fail to do so in a timely manner or at all and its business, financial conditions, results of operations, and cash flows may be adversely affected.

Company Promoters

Promoters Holding

Issue For IPO
99.99%
Pre Holding

99.99%

Post Holding

-

Top Promoters Holding

Financials

All values in Cr

Sep-2023 Jun-2023 Sep-2023 3-Yr trend
Revenue 0.70 (37.30%) 4.64 (-) 8.03 (73.10%)
Gross Profit 0.70 (37.30%) 4.64 (-) 8.03 (73.10%)
Net Income 0.70 (37.30%) 4.64 (-) 8.03 (73.10%)
Assets 0.70 (37.30%) 4.64 (-) 8.03 (73.10%)
Liabilities 0.70 (37.30%) 4.64 (-) 8.03 (73.10%)

Book Running Managers

  • Expert Global Consultants Pvt Ltd

Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No 56-2,
Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093
Phone : 91-22-62638200 Fax: 91-22-63638299

Company Contact Information

1st Flr Plot #57 Phase-2 Badli,
Industrial Area Badli,
Delhi - 110042
Phone : +91 9205843102 Email : compliance@royalsense.in www.royalsense.in

Offer Related Information

Initial public issue of upto 14,50,000 equity shares of face value of Rs. 10/- each of Royal Sense Limited ("RSL" or the "Company" or the "Issuer") for cash at a price of Rs. 68/- per equity share including a share premium of Rs. 58/- per equity share (the "Issue Price") aggregating to Rs. 9.86/- crores ("The Issue"), out of which 1,60,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 68/- per equity share including a share premium of Rs. 58/- per equity share... More

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