IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Royal Sense IPO is a book build IPO listing on BSE SME exchange. The company is based in New Delhi and caters to Healthcare sector. Expert Global Consultants Private is the merchant banker of Royal Sense IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st August 2023.
Royal Sense IPO open date is 12th March 2024 and close date is 14th March 2024. IPO Allotment Date is 15th March 2024 and Listing date is 19th March 2024.Royal Sense IPO size is Rs 9.86 Cr. crores with IPO price of Rs 68.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Expert Global Consultants Private Limited is the book-running lead manager of the Royal Sense IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Royal Sense IPO.
Royal Sense IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Royal Sense IPO, based in New Delhi, operates in the Healthcare sector with a focus on supplying healthcare related equipments and other products. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Royal Sense IPO size is ₹ 9.86 Cr. Crores with fresh issue size of Rs 9.86 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Royal Sense IPO is expected to be 15th March 2024, after the finalization of basis of allotment. Investors can check Royal Sense IPO allotment status on the registrars website, Bigshare Services Private Limited. Royal Sense IPO refund dates are 18th March 2024.
Royal Sense IPO is expected to be listed on 19th March 2024.
The upper price band for the Royal Sense IPO is set at ₹ 68.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Royal Sense IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Royal Sense IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 14th March 2024. After submission, funds are blocked until the basis of allotment of Royal Sense IPO is finalised.
The merchant banker for Royal Sense IPO is Expert Global Consultants Private Limited . Expert Global Consultants Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Royal Sense IPO RHP for further details.
The registrar for Royal Sense IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Royal Sense IPO through their official website or helpline.
Royal Sense IPO was subscribed 8.52 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 9.86 Cr.
Avg IPO Size (Sector Based)
:
₹ 26.74 Cr.
Sector: Healthcare
SME IPO so far:
18
Merchant Banker:
Expert Global
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 16.06 cr.
PE
Ratio:
23.69x
Average Sector PE Ratio: 19.30x
Royal Sense IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Royal Sense Financial Review Page
Merchant Banker(s) of Royal Sense IPO: Expert Global Consultants Private Limited
Royal Sense IPO subscription was 8.52 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Royal Sense IPO listed at a listing price of 122.74 against the offer price of 68.00.
The current market price of Royal Sense is 244.85.
Why Us?
