Contents
Resourceful Automobile IPO Vs GSM Foils IPO: Resourceful Automobile Limited IPO offers 10.25 lakh fresh shares at ₹117 each, totalling ₹11.99 crores. GSM Foils IPO offers 34.4 lakh fresh shares at a fixed price, totalling ₹11.01 crores.
Table of Contents
Details of Resourceful Automobile IPO Vs GSM Foils IPO
| IPO Details | Resourceful Automobile IPO | GSM Foils IPO |
|---|---|---|
| Open Date | May [.], 2024 | May 24, 2024 |
| Close Date | May [.], 2024 | May 28, 2024 |
| Listing Date | May [.], 2024 | May 31, 2024 |
| IPO Size | 10.25 Lakh Shares | 34.4 Lakh Shares |
| (₹11.99 Cr) | (₹11.01 Cr) | |
| Fresh Issue | 10,24,800 Shares of ₹10 | 34.4 Shares of ₹10 |
| Face Value | Face Value | |
| (₹11.99 Cr) | (₹11.01 Cr) | |
| Face Value | ₹10 per share | ₹10 per share |
| IPO Price Band | ₹117 | ₹32 |
| IPO Listing on | BSE SME | NSE SME |
| Lot Size | 1200 Shares | 4000 Shares |
| OFS | N.A. | N.A. |
| Share Offered to Retail | 50% of total issue share | 50% of total issue share |
| Share Offered to QBI | [.]. | 50% of total issue share |
| Share Offered to HNI | 50% of total issue share |
Date Of Resourceful Automobile IPO Vs GSM Foils IPO
| IPO Details | Vilas Transcore IPO | GSM Foils IPO |
|---|---|---|
| IPO Open Date | May, 2024 | May 24, 2024 |
| IPO Close Date | May, 2024 | May 28, 2024 |
| Basis of Allotment | May, 2024 | May 29, 2024 |
| Initiation of Refunds | May, 2024 | May 30, 2024 |
| The credit of Shares | May, 2024 | May 30, 2024 |
| Listing Date | May, 2024 | May 31, 2024 |
GMP, Subscription & Allotment
| IPO Details | Resourceful Automobile | GSM Foils Limited |
|---|---|---|
| GMP Today | Grey Market Premium ongoing | Grey Market Premium ongoing |
| Subscription Status | Starts May [.], 2024 | Starts May 29, 2024 |
| Allotment Status | Active on May [.], 2024 (Cheack Now) | Active on May 29, 2024 (Cheack Now) |
Company Overview Resourceful Automobile IPO Vs GSM Foils IPO
| Aspect | Resourceful Automobile Limited | GSM Foils Limited |
|---|---|---|
| Type | Yamaha bikes dealership | Manufacturer of Blister Foils and Aluminium Pharma Foils |
| Showroom | Sawhney Automobiles | – |
| Specialization | Motorcycle and scooter sales and service | Manufacturing pharmaceutical packaging materials |
| Product Range | Commuter bikes, sporty rides, cruisers | Blister Foils and Aluminium Pharma Foils |
| Authorized Dealership | Yamaha | – |
| Services Offered | Sales, service, expert guidance, test rides, financing options | Manufacturing, quality testing, research, storage, packaging |
| Service Center | Advanced service centre with skilled technicians | – |
| Spare Parts Availability | Genuine spare parts are always in stock | – |
| Mission | To offer top-notch motorcycles and unparalleled service | – |
| Vision | Setting the bar in the industry, creating a vibrant community of riders | – |
| Establishment | – | Founded in April 2019 |
| Location | – | Thane, Vasai, Maharashtra |
| Facility Size | – | 7,973 sq ft (ground and three floors) |
| Certification | – | ISO 9001:2015 |
| Market Presence | – | Across India, serving clients in 13 states and 1 Union territory |
| Employee Count | – | 39 (as of February 28, 2024) |
Financial Report
| Financial Report (Restated) | Resourceful Automobile Limited | GSM Foils Limited |
|---|---|---|
| Oct 2023 | – | – |
| Revenue (₹ in Crores) | ₹8.51 | – |
| Expense (₹ in Crores) | ₹7.51 | – |
| PAT (₹ in Crores) | ₹0.75 | – |
| Financial Report (Restated) | – | 31 December 2023 |
| Liabilities | – | ₹2,208.18 |
| Assets | – | ₹2,208.18 |
| Revenue | – | ₹2,717.87 |
| PAT (Profit After Tax) | – | ₹124.79 |
| Net Worth | – | ₹126.99 |
| Key Performance Indicator (KPI) | Resourceful Automobile Limited | GSM Foils Limited |
|---|---|---|
| Revenue from Operations (₹) | ₹814.93 Crores (Oct 2023) | ₹2,717.87 Lakhs (Dec 31, 2023) |
| Growth in Revenue (%) | -25.84% (Oct 2023) | – |
| EBITDA (₹) | ₹149.72 Crores (Oct 2023) | ₹202.72 Lakhs (Dec 31, 2023) |
| EBITDA Margin (%) | 18.37% (Oct 2023) | 7.46% (Dec 31, 2023) |
| PAT (₹) | ₹74.79 Crores (Oct 2023) | ₹124.79 Lakhs (Dec 31, 2023) |
| PAT Margin (%) | 9.18% (Oct 2023) | 4.59% (Dec 31, 2023) |
| Return on Equity (%) | – | 23.62% (Dec 31, 2023) |
| Return on Capital Employed (%) | – | 1.60% (Dec 31, 2023) |
| Debt-Equity Ratio (times) | – | 11.13 (Dec 31, 2023) |
| Current Ratio (times) | – | 1.03 (Dec 31, 2023) |
| Net Profit Ratio | – | 4.59% (Dec 31, 2023) |
| Peer Group Comparison | NA. | MMP Industries Limited, Synthiko Industries Ltd |
| Revenue: ₹53,829.03 Lakhs | ||
| EBITDA: ₹3,585.10 Lakhs | ||
| EBITDA Margin: 6.66% | ||
| PAT: ₹1,850.12 Lakhs | ||
| PAT Margin: 3.44% | ||
| Return on Equity: 8.22% | ||
| Debt to Equity Ratio: 0.25 |
