Royal Sense Ltd. has announced public offering of 1450000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 58.00 per share. The gross proceeds of the issue are expected to be Rs 986.00 lakhs.
The company's initial public offer (IPO) will open on 12 March 2024 and is expected to close on 14 March 2024, subject to customary closing conditions.
The IPO includes a fresh Issue of 1450000 Equity Shares of the Company at an price of Rs 68.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.
Royal Sense Ltd. anticipates using the proceeds of the issue for .
Expert Global Consultants Pvt. Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.