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Home All IPOs Resourceful Automobile Ltd. IPO

Resourceful Automobile Ltd. IPO

BSE SME Fixed Price IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹117
Issue Price
₹117
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹117
GMP based
Lot Size
1,200
shares / lot
Min Amount
₹140,400
1 lot · 1,200 shares
Opens
22 Aug
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
22 Aug 2024
Thu Completed
Done
Close Date
26 Aug 2024
Mon Completed
Done
Allotment
27 Aug 2024
Tue Completed
Done
Refund
28 Aug 2024
Wed Completed
Done
Demat Credit
28 Aug 2024
Wed Completed
Done
Listing Date
29 Aug 2024
Thu Completed
UPI Deadline: 26 Aug 2024
Issue Details
Pricing & Size
Issue Price
₹117 Face ₹10
Lot Size
1,200 shares
Min Investment
₹140,400
Total Issue Size
10,24,800 shares (aggregating up to ₹11.99 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
51,600 (5.04%)
QIB Portion
-
NII / HNI
4,75,200 (46.37%) Retail Shares Offered 4,98,000 (48.59%) Total Shares Offered 10,24,800 (100.00%)
Retail
4,98,000 (48.59%)
Employee
-
Net Offer to Public
9,73,200 shares (aggregating up to ₹11.39 Cr)
Shareholding Pattern
Pre-Issue Shareholding
16,31,145 shares
Post-Issue Shareholding
26,55,945 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,200 ₹1,40,400
HNI / NII 2 2,400 ₹2,80,800
Objects of Issue
3 objectives
1
To Carry on the Expansion of the company by opening new showrooms in Delhi/ NCR; Repayment of Debt;
2
To Meet Incremental Working Capital Requirements; and
3
General Corporate Purpose and to meet Public Issue Expenses.
Lead Managers & Market Maker
Book Running Lead Managers
Swastika Investmart Ltd.
Market Maker
Nikunj Stock Brokers Ltd.
IPO Timeline
Open
22 Aug
✓ Done
Close
26 Aug
✓ Done
Allotment
27 Aug
✓ Done
Listing
29 Aug
✓ Done
Registrar Details
Cameo Corporate Services Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-44-28460390
Email
ipo@cameoindia.com
Company Contact
Email
cs@saiswamimetals.com
Phone
K-24, Upper Ground, KH No. 107/10 Main Road, Raja puri, West Delhi, New Delhi – 110059 Delhi, New Delhi
Address
K-24, Upper Ground, KH No. 107/10 Main Road, Raja puri, West Delhi, New Delhi – 110059 Delhi, New Delhi
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹117
Est. Listing
₹117
Lot Size
1,200 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — — — —
NII / HNI (Total) — 4,75,200 (46.37%) Retail Shares Offered 4,98,000 (48.59%) Total Shares Offered 10,24,800 (100.00%) — —
Retail Investors — 4,98,000 (48.59%) — —
Market Maker * 1× 51,600 (5.04%) 51,600 (5.04%) ₹6.04 Cr
Total ** — 10,24,800 (100.00%) — —
* Based on ₹117.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
4,75,200 (46.37%) Retail Shares Offered 4,98,000 (48.59%) Total Shares Offered 10,24,800 (100.00%)
Retail
4,98,000 (48.59%)
Market Maker
51,600 (5.04%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in ₹ Lakhs
Metric29 Feb 202431 Mar 202331 Mar 2022
Revenue1723.641938.261250.10
PAT1250.101250.101250.10
EBITDA———
Net Worth1250.10163.56163.56
Total Assets1451.411000.491000.49
Reserves152670.0166.2724.78
Borrowings992.34747.77673.73
Key Financial Ratios
0.48
ROE
Return on Equity
31.22
ROCE
Return on Capital Employed
0.48
RONW
Return on Net Worth
0.00
P/BV
Price to Book Value
2.54
Pre EPS
EPS Pre-Issue
6.25
Post EPS
EPS Post-Issue
45.99
Pre P/E
P/E Pre-Issue
18.71
Post P/E
P/E Post-Issue
About Resourceful Automobile Ltd.

Resourceful Automobile Limited was founded in 2018 and sells Yamaha two-wheelers under the name “Sawhney Automobile”.

Sawhney Automobile offers a comprehensive range of two-wheelers to fulfill a variety of customer wants and needs. The range includes commuter bikes, sports bikes, cruisers, and scooters from renowned manufacturers.

The company currently has two conceptual showrooms with an attached workshop. The Blue Square showroom in Dwarka, New Delhi, showcases the entire range of Yamaha two-wheelers, apparel, and accessories. Another showroom is located on Palam Road in New Delhi. This showroom offers a wide range of high-quality and distinctive two-wheelers, including the latest models from Yamaha India and a diverse collection of motorcycles.

As of July 31, 2024, the company has a total of 8 permanent employees.

Frequently Asked Questions
What is the issue price of Resourceful Automobile Ltd. IPO?
The issue price of Resourceful Automobile Ltd. IPO is ₹117 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹140,400.
What are the IPO dates?
Opens 22 Aug 2024, closes 26 Aug 2024.
When is the listing date?
Tentative listing: 29 Aug 2024 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹117 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Resourceful Automobile Ltd. IPO · Expected 27 Aug 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
27 Aug 2024
Refund Initiation
28 Aug 2024
Demat Credit
28 Aug 2024
Listing Date
29 Aug 2024
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹117
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹140,400
1 lot
Est. Listing
₹117
GMP +₹0
Key Dates
Open
22 Aug Done
Close
26 Aug Done
Listing
29 Aug Done
Registrar
Cameo Corporate Services Ltd
A
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