Royal Sense Ltd IPO

The Company has been recently incorporated and post incorporation has taken-over the running business of M/s Royal Traders, PHT and Anaya (Proprietorship firms of the Promoter) thus the company has limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.

The company depends significantly on customers and their spending in the healthcare industry and any decline in the spending on healthcare infrastructure in India, could adversely affect its business and profitability.

The company relies on suppliers for medical devices and equipment manufacturers for its trading goods. In case of any disruption in supply of these goods, the company business, results of operations and financial condition may be adversely affected.

Orders placed by customers may be delayed, modified, cancelled or not fully paid for by the company customers, which may have an adverse effect on its business, financial condition and results of operations.

The company are required to obtain, renew or maintain certain statutory and regulatory permits and approvals required to operate its business and if the compay fail to do so in a timely manner or at all and its business, financial conditions, results of operations, and cash flows may be adversely affected.

Quality problems and product liability claims could lead to recalls or safety alerts, reputational harm, adverse verdicts or costly settlements, and could have an adverse effect on its business, results of operations, financial condition and cash flows.

The Company is depends on few numbers of customers and suppliers for sales and purchase from top customers and Top suppliers. Loss of any of these large customer and supplier will significantly affect our revenues and profitability.

The company is heavily depends on its Promoter for the continued success of the business through his continuing services, strategic guidance and support.

The company operations are geographically located in one area i.e., Delhi NCR and any localized social unrest, natural calamities, etc. could have material adverse effect on business and financial operations.

The company net cash flows from operating and investing activities have been negative. Any negative cash flow in the future may affect its liquidity and financial condition.