Royal Sense IPO

Royal Sense Limited IPO

Royal Sense is coming up with an IPO worth INR 9.86 crores, consisting of a fresh issue of 14.50 lakh shares. The company plans to utilize the funds raised to meet the working capital requirement. 

Royal Sense Limited IPO – Important Details

Royal Sense IPO DateMarch 12, 2024 to March 14, 2024
Royal Sense IPO Listing DateMarch 19, 2024
Royal Sense IPO PriceINR 68 per share
Royal Sense IPO Lot Size2000 Shares
Royal Sense IPO Total Issue SizeINR 9.86 crores
Royal Sense IPO Basis of AllotmentMarch 15, 2024
Royal Sense IPO Initiation of RefundsMarch 18, 2024
Royal Sense IPO Credit of Shares to DematMarch 18, 2024
Royal Sense IPO Issue TypeFixed Price Issue
Royal Sense IPO Listing AtBSE SME

Royal Sense Limited IPO – Company Profile

Royal Sense is a supplier of high-quality goods that meet international standards required for hospitals, laboratories, institutions, and clinics to provide health services. The company trades and offers a wide range of surgical accessories, tools, equipment, and other things. The supplied assortment can be modified according to the requirements of the clients and is offered in a wide range of parameters.

The company works relentlessly with the right strategy, forward-thinking, and progressive ethos to position ourselves as the one-stop solution for customers looking to meet their complete needs for medical equipment, surgical instruments, surgical consumables, laboratory equipment, laboratory reagents, medical consumables, diagnostic equipment, sanitary napkins, pharmaceuticals, medicine, and cosmetics.

Royal Sense Limited IPO  – Fundamental Analysis

Royal Sense Limited’s IPO financials reveal a solid financial foundation, with promising revenue, profitability, and a strong liquidity position, making it an attractive option for investors seeking opportunities in its sector, subject to market conditions and growth prospects.

Revenue Growth:

The company recorded revenue of ₹464.02 lakhs, indicating its business operations’ scale during the period. The figure sets a baseline for evaluating the company’s market reach and growth potential.

Equity Growth:

With equity at ₹395.65 lakhs, the company shows a solid equity base, which may indicate previous capital infusions or retained earnings that support its growth and operational needs.

Profitability:

A profit after tax of ₹50.64 lakhs translates into a