Resourceful Automobile IPO
Resourceful Automobile is a BSE SME IPO listed on the BSE SME platform, priced at ₹117 per share. The stock debuted at ₹117 with a flat listing performance. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,40,400.
Resourceful Automobile Limited IPO
- IPO Dates
- Aug 22, 2024 – Aug 26, 2024
- Price band
- ₹117 per equity share
- Minimum Investment
- ₹1,40,400
- Issue size
- ₹11.99 Cr
- Lot size
- 1200
- Allotment Date
- Aug 27, 2024
- Listing
- Aug 29, 2024
- Listing At
- BSE SME
IPO timeline
-
Aug 22, 2024
Open Date
Completed
-
Aug 26, 2024
Close Date
Completed
-
Aug 27, 2024
Allotment Date
Completed
-
Aug 29, 2024
Listing Date
Completed
Resourceful Automobile IPO Essentials
Resourceful Automobile IPO Details
Resourceful Automobile IPO is priced at ₹117 per share with a total issue size of 11.99 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹117 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,024,800 shares(aggregating up to ₹11.99 Cr)
- Total issue size
- 10,24,800 shares
(aggregating up to ₹11.99 crore) - Fresh issue
- 10,24,800 shares
(aggregating up to ₹11.99 crore) - Listing at
- BSE SME
- List price
- 117.0
- Listing date
- Registrar
- Cameo Corporate Services Limited
- Lead manager
-
Swastika Investmart Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,40,400 |
| Retail(max) | 1 | 1200 | ₹1,40,400 |
| NII (min) | 2 | 2,400 | ₹2,80,800 |
Resourceful Automobile IPO Documents
Resourceful Automobile IPO Reservation
Resourceful Automobile IPO reservation details show category-wise allocation of shares. Out of the total 10,24,800 shares, approximately 47.48% for retail investors, and 5.04% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 51,600 (5.04%) | |
| Retail Shares Offered | 4,86,600 (47.48%) | |
| Total Shares Offered | 10,24,800 (100%) |
Resourceful Automobile IPO Analytics
Resourceful Automobile IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Resourceful Automobile IPO Subscription Status
Resourceful Automobile IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹2.54/-
- EPS Post IPO
- ₹6.25/-
- P/E Pre IPO
- 45.99
- P/E Post IPO
- 18.71
Returns
- ROE
- 0.48
- ROCE
- 31.22
- RoNW
- 0.48
Fundamentals
- Price / Book
- 0.00
Resourceful Automobile Financials( In Lakhs)
| 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 |
| Net Worth | 315.78 | 163.56 | 74.78 |
| Reserves & Surplus | 152.67 | 66.27 | 24.78 |
| Total Borrowing | 992.34 | 747.77 | 673.73 |
Resourceful Automobile Company & Offer Insights
About Resourceful Automobile
Resourceful Automobile Limited is a company started in 2018, selling two-wheelers of Yamaha under the name Sawhney Automobile.
Sawhney Automobile provides an all-encompassing range of two-wheelers catering to various wants and needs of customers. Commuter bikes, sports bikes, cruisers, and scooters are all products of leading companies.
The company has two concept showrooms with an allied workshop. The Dwarka, New Delhi showroom has all Yamaha two-wheelers on display, with their apparel and accessories. The Palam Road showroom in New Delhi is another showroom. The Intelligent showroom provides high-quality, unique two-wheelers, including the Yamaha India latest one and a diverse collection of motorcycles.
As of July 31, 2024, the company has 8 permanent employees in total.
Resourceful Automobile Promoter(s)
Mr. Rahul Sawhney, Mrs. Megha Chawla, Mrs. Bindu Sawhney are the company's promoters of Resourceful Automobile.
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.
Contact Information
Contact Details
Resourceful Automobile
+91 97737 8496
K-24, Upper Ground,KH No. 107/10 Main Road, Raja puri, West Delhi, New Delhi - 110059
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Resourceful Automobile IPO is a Fixed Priced IPO worth ₹11.99 crore. The issue price is ₹117 per share (fixed price). The IPO opens on Aug 22, 2024 and closes on Aug 26, 2024. It will be listed on BSE SME Platform. Cameo Corporate Services Limited is the registrar.
The issue price of Resourceful Automobile IPO is ₹117 per share (fixed price).
The lot size of Resourceful Automobile IPO is 1200 shares.
The minimum investment for Resourceful Automobile IPO is approximately ₹1,40,400 based on the issue price .
Resourceful Automobile IPO opens on Aug 22, 2024 and closes on Aug 26, 2024.
The allotment date of Resourceful Automobile IPO is Aug 27, 2024.
Resourceful Automobile IPO is expected to be listed on Aug 29, 2024, on BSE SME Platform.
Resourceful Automobile IPO valuation snapshot: P/E 18.71, EPS ₹6.25/-, P/B 0.00, RoNW 0.48, and market cap N/A.
To apply for Resourceful Automobile IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Resourceful Automobile IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Resourceful Automobile IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Resourceful Automobile IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Resourceful Automobile IPO allotment status on IPO Ji for quick and easy access.