Royal Sense IPO

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Royal Sense IPO

Royal Sense IPO is planning to raise ₹9.86 Crores through its IPO, fresh issue of the 14.5 lakh shares.

Royal Sense IPO opened on 12 Mar and closed on 14 Mar in 2024. The allotment result is expected on Friday, 15 March,2024. The listing date on BSE SME is scheduled for Tuesday, 19 March,2024.

The Royal Sense IPO share prices is ₹68 per share. Retail investors need a minimum investment of ₹136,000 for a lot size of 2000 shares. For HNI, the minimum lot size investment is 2 lots (4000 shares), amounting to ₹272,000.

Table of Contents

IPO GMP

Today, the Gray Market Premium (GMP) for Royal Sense IPO is ₹20. After the allotment is announced, you can check your status on the website: https://ipo.bigshareonline.com/ipo_status.html.

For more information about the GMP of the Royal Sense IPO, please read our blog here.

IPO Details

Date12 Mar 2024 to 14 Mar 2024
Listing Date19 Mar 2024
Price Band₹68 / share
Lot Size2000 Shares
Total Issue Size1,450,000 shares
(around ₹9.86 Cr)
Fresh Issue1,450,000 shares
(around ₹9.86 Cr)
Share holding pre issue3,450,146
Share holding post issue4,900,146

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)12000₹136,000
Retail (Max)12000₹136,000
HNI (Min)24,000₹272,0000

IPO Timeline

IPO Open Date12 Mar 2024
IPO Close Date14 Mar 2024
Basis of Allotment15 Mar 2024
Initiation of Refunds18 Mar 2024
Credit of Shares to Demat18 Mar 2024
Listing Date19 Mar 2024
Cut-off time for UPI mandate14 Mar 2024
(5 PM)

IPO Reservation Quota

Investor TypeShares Offered (%)
Anchor Investor Quota–
Market Maker Shares11.03%
Others44.48%
Retail Quota44.48%
Total Shares100%

Key Performance Indicator

KPIValues
ROE17.00%
ROCE23.00%
RoNW17.00%
P/BV5.65

IPO Financial Information’s ( Value in ₹ lakhs. )

Period EndedSep 2023
Assets569.87
Revenue804.07
Profit After Tax70.28
Net Worth415.29
Reserves and Surplus70.28
Total Borrowing27.58

IPO Objectives

  • Issue Expenses
  • Operational cash needs
  • General corporate purposes.

FAQs

What is the GMP for Royal Sense IPO today?

Today, the Gray Market Premium for IPO is ₹20.

What is the expected return for the Royal IPO today?

The expected return for the IPO today is 29%.

When is the start date for applying to the IPO Royal Sense?

The start date for applying to the IPO is 12 March 2024.

When is the end date of the applying to the Royal IPO?

The end date for applying to the Royal IPO is 14 Mar, 2024.

When is the allotment date of the Royal Sense IPO?

The allotment date for the IPO is 15 March 2024.

When is the listing date for the Royal IPO?

The listing date for the IPO is 19 March 2024.

Where can I check the allotment status once it is announced?

You can check the allotment status at https://ipo.bigshareonline.com/ipo_status.html.