Resourceful Automobile Limited IPO
BSE SMEListed On: Aug 29, 2024 at ₹ 117.0
₹ 140400 /1200 Shares
Check AllotmentResourceful Automobile IPO Details
22 Aug, 2024
Open Date26 Aug, 2024
Close Date27 Aug, 2024
Allotment Date29 Aug, 2024
Listing DateIssue Price
₹117 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Cameo Corporate Services LimitedList Price
117.0Listing Date
2024-08-29Market Lot
1200 Shares (₹140,400/-)Lead Manager
Swastika Investmart LtdIssue Size
1,024,800 shares(aggregating up to ₹11.99 Cr)Retail Portion
50%Subscription
418.87 timesIPO Docs
DRHPResourceful Automobile IPO Subscription Details
| 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 |
Resourceful Automobile Valuations
EPS Pre IPO
₹2.54/-EPS Post IPO
₹6.25/-P/E Pre IPO
45.99P/E Post IPO
18.71RoNW
%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 |
About The Company
Resourceful Automobile Limited was founded in 2018 and sells Yamaha two-wheelers under the name Sawhney Automobile.
Sawhney Automobile offers a comprehensive range of two-wheelers to fulfill a variety of customer wants and needs. The range includes commuter bikes, sports bikes, cruisers, and scooters from renowned manufacturers.
The company currently has two conceptual showrooms with an attached workshop. The Blue Square showroom in Dwarka, New Delhi, showcases the entire range of Yamaha two-wheelers, apparel, and accessories. Another showroom is located on Palam Road in New Delhi. This showroom offers a wide range of high-quality and distinctive two-wheelers, including the latest models from Yamaha India and a diverse collection of motorcycles.
As of July 31, 2024, the company has a total of 8 permanent employees.
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
Resourceful Automobile
K-24, Upper Ground,KH No. 107/10 Main Road, Raja puri, West Delhi, New Delhi - 110059Phone: +91 97737 8496
Website: http://www.sawhneyauto.com/
Cameo Corporate Services Limited
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.
