Royal Sense IPO

Founded in 2023, Royal Sense Limited deals in Medical Equipment, Surgical Instruments, Surgical Consumables, Laboratory Equipment, Laboratory Reagents, Medical Disposables and Diagnostic Kits. Before the incorporation of the company, the business was run by Mr. Rishabh Arora as a sole proprietor under the name "M/s Royal Traders, PHT and Anaya". On April 28, 2023, the company was then acquired by Royal Sense Limited along with the assets and liabilities of the company. The company supplies its products to the Ministry of Health Department of various states like Uttar Pradesh, Himachal Pradesh, Rajasthan, Jammu & Kashmir itself and through a network of distributors/ sub-dealers. The company also supplies its products to government institutions and private hospitals across India. As of June 30, 2023, the company employed a total of 8 people in various departments.

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: Working capital requirement; Issue Expenses; and General corporate purposes.

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