The Resourceful Automobile IPO is set to begin on August 22. Resourceful Automobile aims to raise ₹11.99 crores through an IPO. The Resourceful Automobile IPO price band is set at ₹117, with a market lot of 1200 shares.
Resourceful Automobile is actively involved in the Yamaha two-wheeler dealership, which operates under the showroom name “Sawhney Automobiles”. Specializing in the sales and servicing of motorcycles and scooters, with quality products and exceptional customer service, making it a trustworthy destination for motorcycle lovers.
Resourceful Automobile IPO Details
| IPO Open | August 22, 2024 |
| IPO Close | August 26, 2024 |
| IPO Size | Approx ₹11.99 Crores,10,24,800 Equity Shares |
| Total Issue Size | 1,024,800 shares(aggregating up to ₹11.99 Cr) |
| Fresh Issue | 1,024,800 shares (aggregating up to ₹11.99 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹117 Per Equity Share |
| IPO Listing on | BSE SME |
| IPO Listing Date | August 29, 2024 |
How to apply Resourceful Automobile IPO?
- You can apply for the ASBA-available Resourceful Automobile IPO through your bank account. Simply click the Invest section link, choose the Resourceful Automobile IPO, and apply using your bank account online.
- The alternative is to apply for the Resourceful Automobile IPO by downloading the forms from the BSE website. View the Ingenious Car forms by clicking on the BSE IPO Forms link, filling them out, and sending them to your broker or bank.
Resourceful Automobile Financials
| Revenue | 1,653.86 |
| Expenses | 1,518.65 |
| Net income | 152.24 |
| EPS | 4.27 |
| PE ratio | 27.40 |
| RONW (%) | 25.37 |
| NAV | 16.81 |
| ROCE (%) | 16.07 |
| EBITDA (%) | 7.84 |
| Debt/Equity | 4.57 |
About the Company- Resourceful Automobile
Sawhney Automobile is the brand name under which Yamaha two-wheelers are sold by Resourceful Automobile Limited, a company established in 2018. Sawhney Automobile provides a wide selection of two-wheelers to meet the demands and desires of its diverse clientele. Prominent manufacturers’ cruisers, sports bikes, scooters, and commuter bikes are all included in the selection.
At the moment, the business operates two conceptual showrooms that are connected to a workshop. The full selection of Yamaha two-wheelers, clothing, and accessories are on display at the Blue Square shop in Dwarka, New Delhi. In New Delhi, another showroom may be found on Palam Road. This store has a large selection of unique and high-quality two-wheelers, including the newest Yamaha India models and a varied assortment of motorbikes.
