Resourceful Automobile IPO Date, Details, Allotment And Review

Resourceful Automobile IPO (Resourceful Automobile Limited IPO) is offering 10.25 Lakh fresh shares at a price band set at ₹117 Per Equity Share, Totalling ₹11.99 crores.

Resourceful Automobile IPO opens for subscription on May [.] 2024, and closes on May [.] 2024. The IPO is also known as Sawhney Automobiles IPO.

The allotment is expected to be finalized on May [.], 2024, with a listing on NSE SME scheduled for May [.], 2024.

For retail investors, the minimum lot size is 1200 shares, requiring a minimum investment of ₹140,400 High Net Worth Individuals (HNI) need to apply for 2 lots, totalling 2400 shares and an investment of Rs ₹280,800.

Resourceful Automobile DRHP

Resourceful Automobile IPO Date, Details, Allotment And Review

Resourceful Automobile IPO Details

Open DateMay [.], 2024
Close DateMay [.], 2024
Listing DateMay [.], 2024
IPO Size10.25 Lakh Shares
(aggregating up to ₹11.99 Cr)
Fresh Issue10,24,800 Shares of ₹10 Face Value
(aggregating up to 11.99 Cr)
Face Value₹10 per share
IPO Price Band₹117
IPO Listing onBSE SME
Lot Size1200 Shares
OFSN.A.
Share Offered to Retail50% of the total issue share
Share Offered to QBI[.] of the total issue share
Share Offered to HNI50% of the total issue share

Vilas Transcore IPO Date (Tintative)

IPO Open DateMay, 2024
IPO Close DateMay, 2024
Basis of AllotmentMay, 2024
Initiation of RefundsMay, 2024
The credit of SharesMay, 2024
Listing DateMay, 2024

Vilas Transcore IPO Lot Size

ApplicantsLotsSharesAmount
Retail (Min)11200₹140,400
Retail (Max)11200₹140,400
HNI (Min)22400₹280,800

Resourceful Automobile IPO GMP Today

The Grey Market Premium (GMP) for Resourceful Automobile BSE SME IPO has commenced from the first session. We’ll be providing daily updates on the GMP and additional details.
Stay tuned to stay informed about the daily performance of the Resourceful Automobile Limited IPO’s Gray Market Premioum and the expected listing price. See IPO GMP Live >>

Resourceful Automobile Limited IPO Subscription Status

For real-time updates on the subscription status of the Resourceful Automobile Limited IPO, kindly navigate to our “IPO Subscription Status Live” section in the menu or click the provided link. The subscription window for the Resourceful Automobile IPO commences on May[.], 2024.

Resourceful Automobile IPO Allotment Status

You can check the allotment status for the Resourceful Automobile IPO by following these steps. First, click the link Link – ” IPO Allotment Status” Then, select the IPO Name from the options. After that, enter either your Application Number or PAN Number. The allotment window is active on May [.], 2024.

Know About Resourceful Automobile Limited

  • About Resourceful Automobile Limited:
  • Resourceful Automobile is your go-to spot for all things Yamaha bikes, nestled under the banner of Sawhney Automobiles.
  • Resourceful Automobile showroom, “Sawhney Automobiles,” is your one-stop shop for top-notch two-wheelers.
  • Specializing in motorcycle and scooter sales and service, we’ve built a solid reputation for quality products and outstanding customer care.
  • What Resourceful Automobile Offer:
  • A wide array of two-wheelers, from commuter bikes to sporty rides and cruisers, ensure there’s something for every taste.
  • As an authorized Yamaha dealership, they promise access to the newest models and genuine spare parts.
  • Not just sales, but expert guidance to help you find the perfect bike, along with test rides and financing options for added convenience.
  • Resourceful Automobile Service Center:
  • Proud owners of an advanced service centre staffed with skilled technicians.
  • From routine maintenance to repairs, they have got you covered.
  • Genuine spare parts are always in stock, guaranteeing the longevity and performance of your beloved bike.
  • Resourceful Automobile Mission:
  • To offer top-notch motorcycles and unparalleled service.
  • Resourceful Automobile is all about building a community that thrives on the freedom and adventure of two wheels.
  • Committed to innovation, integrity, and making sure every customer leaves satisfied.
  • Resourceful Automobile Vision:
  • Setting the bar in the industry.
  • Creating a vibrant community of riders.
  • Leaving behind a legacy of excellence that echoes the spirit of the open road.

Resourceful Automobile Limited Promoters Holding

  • The promoters of Resourceful Automobile Limited
  •  Mr. Rahul Sawhney,
  • Mrs. Bindu Sawhney
  • Mrs. Megha Chawl
  • Shareholding pre-issue stands at [.]

Objects of the Issue IPO

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

Resourceful Automobile Limited Financial Report (Restated)

YearRevenue (₹ in Crores)Expense (₹ in Crores)PAT (₹ in Crores)
2021₹11.27₹11.26₹00.01
2022₹12.50₹12.11₹0.29
2023₹19.38₹18.78₹0.42
Oct 2023₹8.51₹7.51₹0.75

Key Performance Indicator (KPI) of Resourceful Automobile Limited

Ending 31st October 2023Financial Year Ended 31st March 2023
Revenue from Operations₹814.93 Crores₹1,883.92
Growth in Revenue-25.84%52.95%
EBITDA₹149.72 Crores₹147.78
EBITDA Margin18.37%7.84%
PAT₹74.79 Crores₹41.50
PAT Margin9.18%2.20%

Peer Group Of Resourceful Automobile Limited

There are no listed companies in India whose business portfolio is comparable with that of their business and
comparable to our scale of operations.

Resourceful Automobile IPO Registrar

CAMEO CORPORATE SERVICES LIMITED;
SEBI Registration Number: INR000003753;
Address: “Subramanian Building”, #1, Club House Road, Chennai – 600 002, India;
Tel. Number: +91-44-40020700, 28460390;
Email Id: ipo@cameoindia.com;
Investors Grievance Id: investor@cameoindia.com;
Website: www.cameoindia.com

Resourceful Automobile IPO Book Running Lead Manager

SWASTIKA INVESTMART LIMITED
SEBI Registration Number: INM000012102
Registered Office: Flat No18 Floor 2 North Wing Madhaveshwar Coop Hsg Society Ltd
Madhav Nagar, 11/12 S V Road Andheri W Mumbai Mumbai City – 400058
(Maharashtra).
Merchant Banking Division Address: 48 Jaora Compound, M.Y.H Road, Indore (MP) –
452001;
Telephone Number: +91-22-26254568-69 / 0731-6644244;
Email Id: merchantbanking@swastika.co.in;
Investors Grievance Id: mb.investorgreivance@swastika.co.in;
Website: www.swastika.co.in

Resourceful Automobile Limited Contact

Resourceful Automobile Limited
K-24, Upper Ground, KH No. 107/10 Main Road,
Raja Puri, West Delhi, New Delhi – 110059
Phone: +91 – 97737 84969
E-mail: cs@sawhneyauto.com
Website: www.sawhneyauto.com

Resourceful Automobile IPO Application Form PDF

To download the Resourceful Automobile IPO application form click on Application Form Download ASBA IPO Forms PDF.

Review

May Apply

FAQs Of Resourceful Automobile IPO

What is the IPO Price Band for Resourceful Automobile Limited?

The IPO price band for Resourceful Automobile Limited is set at ₹117 per equity share.

What is the minimum lot size for retail investors in the Resourceful Automobile IPO?

The minimum lot size for retail investors is 1200 shares, requiring a minimum investment of ₹140,400.

How can I check the allotment status of Resourceful Automobile IPO?

You can check the allotment status for Resourceful Automobile IPO by visiting the IPO Allotment Status link and selecting the IPO name from the options. Then, enter either your Application Number or PAN Number.

Rate this post

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top