Resourceful Automobile IPO Vs GSM Foils IPO

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.

Resourceful Automobile IPO Vs GSM Foils IPO

Details of Resourceful Automobile IPO Vs GSM Foils IPO

IPO DetailsResourceful Automobile IPOGSM Foils IPO
Open DateMay [.], 2024May 24, 2024
Close DateMay [.], 2024May 28, 2024
Listing DateMay [.], 2024May 31, 2024
IPO Size10.25 Lakh Shares34.4 Lakh Shares
(₹11.99 Cr)(₹11.01 Cr)
Fresh Issue10,24,800 Shares of ₹1034.4 Shares of ₹10
Face ValueFace Value
(₹11.99 Cr)(₹11.01 Cr)
Face Value₹10 per share₹10 per share
IPO Price Band₹117₹32
Lot Size1200 Shares4000 Shares
Share Offered to Retail50% of total issue share50% of total issue share
Share Offered to QBI[.].50% of total issue share
Share Offered to HNI50% of total issue share

Date Of Resourceful Automobile IPO Vs GSM Foils IPO

IPO DetailsVilas Transcore IPOGSM Foils IPO
IPO Open DateMay, 2024May 24, 2024
IPO Close DateMay, 2024May 28, 2024
Basis of AllotmentMay, 2024May 29, 2024
Initiation of RefundsMay, 2024May 30, 2024
The credit of SharesMay, 2024May 30, 2024
Listing DateMay, 2024May 31, 2024

GMP, Subscription & Allotment

IPO DetailsResourceful AutomobileGSM Foils Limited
GMP TodayGrey Market Premium ongoingGrey Market Premium ongoing
Subscription StatusStarts May [.], 2024Starts May 29, 2024
Allotment StatusActive on May [.], 2024 (Cheack Now)Active on May 29, 2024 (Cheack Now)

Company Overview Resourceful Automobile IPO Vs GSM Foils IPO

AspectResourceful Automobile LimitedGSM Foils Limited
TypeYamaha bikes dealershipManufacturer of Blister Foils and Aluminium Pharma Foils
ShowroomSawhney Automobiles
SpecializationMotorcycle and scooter sales and serviceManufacturing pharmaceutical packaging materials
Product RangeCommuter bikes, sporty rides, cruisersBlister Foils and Aluminium Pharma Foils
Authorized DealershipYamaha
Services OfferedSales, service, expert guidance, test rides, financing optionsManufacturing, quality testing, research, storage, packaging
Service CenterAdvanced service centre with skilled technicians
Spare Parts AvailabilityGenuine spare parts are always in stock
MissionTo offer top-notch motorcycles and unparalleled service
VisionSetting the bar in the industry, creating a vibrant community of riders
EstablishmentFounded in April 2019
LocationThane, Vasai, Maharashtra
Facility Size7,973 sq ft (ground and three floors)
CertificationISO 9001:2015
Market PresenceAcross India, serving clients in 13 states and 1 Union territory
Employee Count39 (as of February 28, 2024)

Financial Report

Financial Report (Restated)Resourceful Automobile LimitedGSM 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
PAT (Profit After Tax)₹124.79
Net Worth₹126.99

Key Performance Indicator (KPI)Resourceful Automobile LimitedGSM 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 Ratio4.59% (Dec 31, 2023)
Peer Group ComparisonNA.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
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