Resourceful Automobile Limited (BSE SME)

Aug 22, 2024 - Aug 26, 2024

Price ₹117 - ₹117
Premium ₹105
Lot size 1200
Allotment Aug 27, 2024
Listing Aug 29, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 1200 140400 415
HNI 2 2400 280800 396

Last updated on 26-Aug-2024 17:54:02

CategoryOfferedAppliedTimes
HNIs475200166185600349.72
Retail498000241462800484.87
Total973200395091600405.97
Total Applications: 248547
HNI Interest Cost Per Share (7 Days)
@7%
₹54.93
@8%
₹62.78
@9%
₹70.62
@10%
₹78.47
@11%
₹86.32
@12%
₹94.17
About

Resourceful Automobile IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail48.4%498000
Other46.4%475200
Market Maker5.03%51600
Total No. of Shares100.0%1024800

Resourceful Automobile IPO Details

Issue Size1,024,800 shares
(aggregating up to ₹11.99 Cr)
Fresh Issue1,024,800 shares
(aggregating up to ₹11.99 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Share holding pre issue1,631,145
Share holding post issue2,655,945
Market Maker portion51,600 shares
Nikunj Stock Brokers

Key Performance Indicator

KPIFeb-24Mar-23Mar-22
ROCE31.22%16.07%13.04%
EPS
(basic)
9.334.275.75
P/E
Pre IPO
45.99
P/E
Post IPO
18.71

Company Financials

Resourceful Automobile Limited Financial Information (Restated)

PeriodFeb 2024Mar 2023Mar 2022Mar 2021
Assets1,451.411,000.491,008.58429.46
Revenue1,723.641,938.261,250.11,127.26
Profit152.2441.528.730.16
Net Worth315.78163.5674.7846.05
Reserves152.6766.2724.78-3.95
Borrowing992.34747.77673.73269.81
Amount in ₹ Lakhs

About Company

Resourceful Automobile Limited, established in 2018, operates under the brand name “Sawhney Automobile” and specializes in the sale of Yamaha two-wheelers. The company provides a diverse range of two-wheelers including commuter bikes, sports bikes, cruisers, and scooters, catering to various customer preferences. Sawhney Automobile boasts two conceptual showrooms in New Delhi: the Blue Square showroom in Dwarka, which features Yamaha's full range of two-wheelers, apparel, and accessories, and another showroom on Palam Road, known for its extensive collection of the latest Yamaha models and distinctive motorcycles. As of July 31, 2024, the company employs a dedicated team of 8 permanent staff members.
Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/