Royal Sense Limited
ListedSMEEmerging SME Services · BSE
Royal Sense Limited, established in 2023, is a dedicated provider of medical equipment, surgical instruments, consumables, laboratory essentials, and diagnostic kits. Originally operating under the proprietorship of Mr. Rishabh Arora as "M/s Royal Traders, PHT and Anaya," the company transitioned into its current structure following its acquisition on April 28, 2023. Catering to the Ministry of Health Departments in Uttar Pradesh, Himachal Pradesh, Rajasthan, and Jammu & Kashmir, as well as government institutions and private hospitals across India, Royal Sense Limited ensures the reliable supply of essential healthcare products. With a dedicated team of 8 professionals as of June 30, 2023, the company remains committed to delivering high-quality medical solutions nationwide.
Price Band
₹68
Issue Size
₹9.86 Cr
Lot Size
2000 shares
GMP
₹37
+54.4%
Est. Listing
₹105
at current GMP
Subscribed
8.65x
overall
Open
12 Mar 2024
Close
14 Mar 2024
Allotment
15 Mar 2024
Refund
16 Mar 2024
Demat Credit
17 Mar 2024
Listing
19 Mar 2024
Last updated 12 days ago
Overall Subscription
8.65x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
9.99x
High Net-Worth
Retail (RII)
7.31x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 644,000 | 6,434,000 | 9.99x |
| RETAIL | 646,000 | 4,720,000 | 7.31x |
| Total | 1,290,000 | 11,154,000 | 8.65x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 254 | 1,857 | 7.31x |
| HNIs (10L +) | 2 | 20 | 9.99x |
| HNIs (2-10L) | 8 | 80 | 9.99x |
| Total Applications | 264 | 1,957 | 7.41x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Royal Sense Limited Public Issue & Market Profile
Royal Sense Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹9.86 Crores. The shares are offered at a price band of ₹68 to ₹68 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2024-03-14, the basis of allotment is scheduled to be finalized on 2024-03-15. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Royal Sense Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Royal Sense Limited IPO is ₹37 per equity share. Based on the upper price band of ₹68 to ₹68 per equity share, the estimated listing price is ₹105 (+54.4% expected listing gain).
What is the expected profit per lot for Royal Sense Limited IPO?
With a lot size of 2000 shares and current GMP of ₹37, the expected profit per application lot is approx ₹74,000 (+54.4% gain). Minimum application cost is approx ₹1,36,000.
What is the issue size and price band for Royal Sense Limited IPO?
The Royal Sense Limited IPO aggregate issue size is ₹9.86 Crores with an equity price band set at ₹68 to ₹68 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,36,000.
How can I check Royal Sense Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 8.65x (Retail: 7.31x, QIB: 0.00x, NII: 9.99x). You can track live multiples directly on our dedicated subscription page.
Where and when will Royal Sense Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-03-15. Investors can verify status using PAN card or application number.
When is the listing date for Royal Sense Limited IPO?
Royal Sense Limited shares are scheduled to list on BSE on 2024-03-19.