Royal Sense's IPO opens with stellar 90% Premium, lists at ₹129.2 on BSE SME platformRoyal Sense's IPO opens with stellar 90% Premium, lists at ₹129.2 on BSE SME platform

Royal Sense’s stock made an impressive entry on the BSE SME platform, opening with a remarkable 90% premium on Tuesday. Priced at Rs 68, the shares debuted at Rs 129.2, following strong demand reflected by a subscription rate exceeding 7 times.

Royal Sense is a provider of premium-quality products meeting global standards essential for medical facilities like hospitals, labs, and clinics. They specialize in trading and supplying a diverse array of surgical accessories, tools, and equipment, with the flexibility to customize offerings as per client specifications. Through strategic planning and an innovative approach, they aim to become the preferred destination for all medical equipment and consumable needs.

Royal Sense’s IPO aims to finance working capital needs, with the rest allotted for general corporate purposes like strategic initiatives and acquisitions, including expanding outlets and investing in branding and marketing.