Resourceful Automobile IPO Date, Review, Price, Allotment Details

Resourceful Automobile IPO Date, Review, Price, Allotment Details

Resourceful Automobile is actively concerned within the dealership of the two-wheeler motorcycle Yamaha, running below the showroom title “Sawhney Automobiles”. Specializing within the gross sales and servicing of bikes and scooters, with high quality merchandise and remarkable customer support, making it a depended on vacation spot for motorbike fans.

Sawhney Automobile caters to a various vary of shopper personal tastes and desires through providing a complete collection of two-wheelers. The stock encompasses commuter motorcycles, game motorcycles, cruisers, and scooters sourced from respected producers. As a certified Yamaha dealership, they ensure shoppers get admission to to the newest fashions and original spare portions. Their dealership is going past gross sales, offering professional steerage to help shoppers in choosing the right motorcycle, arranging check rides, and providing financing choices for enhanced accessibility. They take pleasure of their complicated carrier heart, the place professional technicians take care of regimen upkeep and upkeep, and make sure the supply of authentic spare portions to uphold the longevity and function of the motorcycles they promote.

The undertaking of the corporate is to supply a various vary of top of the range bikes, and remarkable carrier, and foster a neighborhood that celebrates the spirit of freedom and exploration on two wheels. The corporate is dedicated to innovation, integrity, and buyer pleasure, and it strives to be the premier vacation spot for each and every rider’s adventure. The imaginative and prescient of the corporate is to set trade requirements, domesticate a colourful rider neighborhood, and go away a legacy of excellence that resonates with the spirit of the open street.

Objects of the Issue:

  • To Carry on Expansion of the corporate through opening of latest showrooms in Delhi/ NCR;
  • Repayment of Debt;
  • To Meet Incremental Working Capital Requirements;
  • General Corporate Purpose and to satisfy Public Issue Expenses;
  • To meet public Issue Expenses.

Resourceful Automobile IPO Review

Resourceful Automobile IPO Date & Price Band Details

IPO Open: May [.], 2024
IPO Close: May [.], 2024
IPO Size: Approx ₹11.99 Crores, 10,24,800 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹117 Per Equity Share
IPO Listing on: BSE SME
Retail Quota: 50% of the web be offering
QIB Quota: [.]% of the web be offering
NII Quota: 50% of the web be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

Resourceful Automobile IPO Market Lot

The Resourceful Automobile IPO minimal marketplace lot is 1200 stocks with a ₹140,400 software quantity.

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹140,400
Retail Maximum 1 1200 ₹140,400
S-HNI Minimum 2 2400 ₹280,800

Resourceful Automobile IPO Dates

The Resourceful Automobile IPO date is May 2024 and the IPO shut date is May 2024. The IPO allotment date is May 2024 and the IPO may listing on May 2024.

IPO Open Date: May 2024
IPO Close Date: May 2024
Basis of Allotment: May 2024
Refunds: May 2024
Credit to Demat Account: May 2024
IPO Listing Date: May 2024

You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.

Resourceful Automobile IPO Form

How to use Resourceful Automobile IPO? You can observe Resourceful Automobile IPO by means of ASBA to be had on your checking account. Just move to the net financial institution login and observe by means of your checking account through settling on the Resourceful Automobile IPO within the Invest phase. The different possibility you’ll observe Resourceful Automobile IPO by means of IPO bureaucracy obtain by means of the BSE website online. Check out the Resourceful Automobile bureaucracy – click on BSE IPO Forms obtain, fill and put up on your financial institution or along with your dealer.

Resourceful Automobile Company Financial Report

₹ in Crores
Year Revenue Expense PAT
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

Resourceful Automobile IPO Valuation – FY2023

Check Resourceful Automobile IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹4.27 in keeping with Equity Share
Price/Earning P/E Ratio: 4.06
Return on Net Worth (RoNW): 25.37%
Net Asset Value (NAV): ₹16.81 in keeping with Equity Share

Peer Group

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

Resourceful Automobile IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-40020700, 28460390
Email: [email protected]
Website: www.cameoindia.com

Resourceful Automobile IPO Allotment Status

Check Resourceful Automobile IPO allotment standing on Cameo Corporate website online URL. Click Here

Resourceful Automobile IPO Lead Managers aka Merchant Bankers

  • Swastika Investmart Limited

Company Address

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

Resourceful Automobile IPO FAQs

What is Resourceful Automobile IPO?

Resourceful Automobile IPO is an BSE SME IPO. They are going to elevate ₹11.99 Crores by means of IPO. The factor is priced at ₹117 in keeping with fairness proportion. The IPO is to be indexed on BSE.

When Resourceful Automobile IPO will open?

The IPO is to open on May [.], 2024 for QIB, NII, and Retail Investors.

What is Resourceful Automobile IPO Investors Portion?

The traders’ portion for NII is 50%, and Retail is 50%.

How to Apply the Resourceful Automobile IPO?

You can observe Resourceful Automobile IPO by means of ASBA on-line by means of your checking account. You too can observe for ASBA on-line by means of UPI thru your inventory agents. You too can observe by means of your inventory agents through filling up the offline shape.

How to Apply the Resourceful Automobile IPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Resourceful Automobile”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now move in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Resourceful Automobile IPO thru Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Resourceful Automobile”. Click on Bid Button. Confirm your software. Now move in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Resourceful Automobile IPO thru Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Resourceful Automobile”. Click on Bid Button. Confirm your software. Now move in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Resourceful Automobile IPO Size?

Resourceful Automobile IPO measurement is ₹11.99 crores.

What is Resourceful Automobile IPO Price Band?

Resourceful Automobile IPO Price Band is ₹117 in keeping with fairness proportion.

What is Resourceful Automobile IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 stocks with ₹140,400.

What is Resourceful Automobile IPO Allotment Date?

Resourceful Automobile IPO allotment date is May [.], 2024.

What is Resourceful Automobile IPO Listing Date?

Resourceful Automobile IPO list date is May [.], 2024. The IPO to listing on BSE SME.

Note: The Resourceful Automobile IPO main points are introduced formally. The IPO gray marketplace top rate (Resourceful Automobile IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day by day updates.



– Source : IPOWATCH