Resourceful Automobile Limited IPO

BSE SME

Listed On: Aug 29, 2024 at ₹ 117.0

₹ 140400 /1200 Shares

Check Allotment

Resourceful Automobile IPO Details

22 Aug, 2024

Open Date

26 Aug, 2024

Close Date

27 Aug, 2024

Allotment Date

29 Aug, 2024

Listing Date

Issue Price

₹117 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Cameo Corporate Services Limited

List Price

117.0

Listing Date

2024-08-29

Market Lot

1200 Shares (₹140,400/-)

Lead Manager

Swastika Investmart Ltd

Issue Size

1,024,800 shares(aggregating up to ₹11.99 Cr)

Retail Portion

50%

Subscription

418.87 times

IPO Docs

DRHP

The IPO of Resourceful Automobile is priced at ₹117 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Cameo Corporate Services Limited is the registrar of the issue.

Resourceful Automobile IPO bid opening date is from Aug 22, 2024 and the bid closing date was Aug 26, 2024.
Resourceful Automobile IPO allotment result will be available on Aug 27, 2024. The tentative listing date for Resourceful Automobile is Aug 29, 2024.

The total issue size is 1,024,800 shares(aggregating up to ₹11.99 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	486,600	486,600	973,200
Day 1 - 22-08-24 06:00 PM	2.78 x	17.29 x	10.35 x
Day 2 - 23-08-24 06:00 PM	42.32 x	105.93 x	74.13 x
Day 3 - 26-08-24 06:00 PM	315.72 x	496.22 x	418.87 x

Total No. of Applications: 248,114 (Approx)

Resourceful Automobile Valuations

EPS Pre IPO

₹2.54/-

EPS Post IPO

₹6.25/-

P/E Pre IPO

45.99

P/E Post IPO

18.71

ROE

0.48

ROCE

31.22

RoNW

0.48

Price to Book Value

0.00

Resourceful Automobile Company Financials All values are in ₹ Lakh

	29-Feb-24	31-Mar-23	31-Mar-22
Assets	1,451.41	1,000.49	1,008.58
Revenue	1,723.64	1,938.26	1,250.1
Profit After Tax	152.24	41.5	28.73
Net Worth	315.78	163.56	74.78
Reserves & Surplus	152.67	66.27	24.78
Total Borrowing	992.34	747.77	673.73

About The Company

Resourceful Automobile Limited is a company started in 2018, selling two-wheelers of Yamaha under the name Sawhney Automobile.

Sawhney Automobile provides an all-encompassing range of two-wheelers catering to various wants and needs of customers. Commuter bikes, sports bikes, cruisers, and scooters are all products of leading companies.

The company has two concept showrooms with an allied workshop. The Dwarka, New Delhi showroom has all Yamaha two-wheelers on display, with their apparel and accessories. The Palam Road showroom in New Delhi is another showroom. The Intelligent showroom provides high-quality, unique two-wheelers, including the Yamaha India latest one and a diverse collection of motorcycles.

As of July 31, 2024, the company has 8 permanent employees in total.

Resourceful Automobile - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 61.41%

Company Promoter(s)

Mr. Rahul Sawhney
Mrs. Megha Chawla
Mrs. Bindu Sawhney

Resourceful Automobile IPO - Issue Objectives

To Carry on the Expansion of the company by opening new showrooms in Delhi/ NCR
Repayment of Debt
To Meet Incremental Working Capital Requirements
General Corporate Purpose and to meet Public Issue Expenses.

Other Details

Company Contact Details

Resourceful Automobile

K-24, Upper Ground,KH No. 107/10 Main Road, Raja puri, West Delhi, New Delhi - 110059

Phone: +91 97737 8496

Website: http://www.sawhneyauto.com/

Registrar Contact Details

Cameo Corporate Services Limited

Phone: +91-44-28460390

Email: ipo@cameoindia.com

Website: https://ipo.cameoindia.com/

Resourceful Automobile IPO - FAQs

Ans. Resourceful Automobile Limited IPO is a SME IPO. The issue is priced at ₹117 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Aug 22, 2024, and closes on Aug 26, 2024. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Resourceful Automobile Limited IPO opens on Aug 22, 2024 and closes on Aug 26, 2024.

Ans. The size of Resourceful Automobile Limited IPO is 1,024,800 shares(aggregating up to ₹11.99 Cr).

Ans. The IPO price band is set between ₹117 per equity share.

Ans. To apply for Resourceful Automobile Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Resourceful Automobile Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Resourceful Automobile Limited IPO is Aug 27, 2024.

Ans. The Resourceful Automobile Limited IPO will be listed on Aug 29, 2024.

Ans. Follow the steps to check the allotment status for Resourceful Automobile Limited IPO here.