About Royal Sense Limited
Royal Sense Limited is launching its IPO. The IPO opens for subscription on 12th March 2024 and will close on 14th March 2024.
Disclaimer: This stock will trade with a lot size of 2000 shares in the SME segment on listing.
What does Royal Sense Limited do?
Incorporated in 2023, Royal Sense Limited is a supplier of medical equipment, surgical instruments, surgical consumables, laboratory equipment, laboratory reagents, medical consumables, diagnostic equipment, sanitary napkins, pharmaceuticals, medicine, and
cosmetics. The company supplies its products to the Ministry of Health of Various states like Uttar Pradesh, Himachal Pradesh, Rajasthan, Jammu & Kashmir by its own distribution channels as well as other distributors/ sub-distributors. They also supply to both Govt. Institutions and private hospitals all over India.
Schedule/Timeline of Royal Sense Limited IPO
| Issue Period | 12th March to 14th March 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | March 15, 2024 |
| Initiation of Refunds | March 18, 2024 |
| Credit of Shares | March 18, 2024 |
| Date of Listing | March 19, 2024 |
| Mandate end date | March 29, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | April 15, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | June 15, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the Royal Sense Limited IPO?
You can apply for the Royal Sense Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for the Royal Sense Limited IPO?
You can check the allotment status for the Royal Sense Limited IPO on the website of the Registrar and Transfer agent.