Resourceful Automobile Limited, is a Delhi-based automobile manufacturer and seller. It sell Yamaha bikes and scooters under the brand name Sawhney Automobile.
Resourceful Automobile IPO Limited is going to be open to the public on August 22, 2024 and the closing date of the IPO is August 26, 2024. The share allotment date of the Resourceful Automobile IPO is August 27, 2024 and the listing date is Thursday, August 29, 2024. This is a fresh and Fixed Price Issue initial public offering (IPO), with a total fresh issue size of ₹11.99 crore for 10.24 lakh shares. The price band of the Resourceful Automobile IPO is set at ₹117 per share.
Table of Contents
You will find all the information regarding the company and its IPO on this page. This page will be updated regularly with the latest updates regarding the Rapid Resourceful Automobile Limited IPO.
Resourceful Automobile IPO Details (Sawhney Automobile IPO)
| PO Date | August 22, 2024, to August 26, 2024 |
| Listing Date | Thursday, August 29, 2024 |
| Face Value | ₹10 per share |
| Price | ₹117 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | ₹11.99 crore for 1,024,800 shares |
| Fresh Issue | ₹11.99 crore for 1,024,800 shares |
| Issue Type | Fixed Price Issue IPO |
| DRHP | View |
| RHP | View |
| Overall Subscription | 418.82x |
| Listing At | BSE and SME |
| NIIs and Other Shares Offered | 47.48% |
| Market Maker Shares Offered | 51,600 (5.04%) |
| Retail Shares Offered | 47.48% |
Resourceful Automobile IPO Fundamentals or Key Performance Indicators
| Earnings Per Share (EPS): | ₹4.27 per Equity Share |
| Price/Earning P/E Ratio: | 4.06 |
| Return on Net Worth (RoNW): | 25.37% |
| Net Asset Value (NAV): | ₹16.81 per Equity Share |
| Particular | Pre IPO | Post IPO |
| EPS | ₹2.54 | ₹6.25 |
| P/E Ratio | 45.99 | 18.71 |
Resourceful Automobile IPO Important Dates
If you are an investor, it is crucial to be mindful of the dates associated with the opening and closing of the IPO.
Resourceful Automobile Limited IPO’s opening date is Thursday, August 22, 2024 and the offer will close on Monday, August 26, 2024. IPO’s basic allotment date is on Tuesday, August 27, 2024 and the listing date is on Thursday, August 29, 2024.
All the important dates regarding the Resourceful Automobile Limited IPO are mentioned below. Mark them on your calendar so you don’t miss any events.
| IPO Open Date | Thursday, August 22, 2024 |
| IPO Close Date | Monday, August 26, 2024 |
| Basis of Allotment | Tuesday, August 27, 2024 |
| Initiation of Refunds | Wednesday, August 28, 2024 |
| Credit of Shares to Demat | Wednesday, August 28, 2024 |
| Listing Date | Thursday, August 29, 2024 |
Resourceful Automobile IPO GMP Today (Sawhney Automobile IPO GMP)
The overall subscription rate of the IPO reached at 418.82 times. The last updated Grey Market Premium (GMP) for the Resourceful Automobile IPO is up to ₹98. The offering price for the Resourceful Automobile Limited IPO is ₹117 per share.
The following table displays the trend of the Resourceful Automobile Limited IPO’s GMP over the past few days.
| GMP Date | IPO Price | GMP Price |
| August 30, 2024 | ₹117 | ₹98 |
| August 29, 2024 | ₹117 | ₹98 |
| August 28, 2024 | ₹117 | ₹97 |
| August 27, 2024 | ₹117 | ₹97 |
| August 26, 2024 | ₹117 | ₹63 |
| August 25, 2024 | ₹117 | ₹53 |
| August 24, 2024 | ₹117 | ₹53 |
| August 23, 2024 | ₹117 | ₹51 |
| August 22, 2024 | ₹117 | ₹62 |
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Resourceful Automobile IPO Lot Size
Resourceful Automobile Limited IPO offers a minimum of 1200 shares per lot. Retail investors can apply for a minimum of 1 lot and a maximum of 1 lot, while high-net-worth individuals (HNIs) can apply for a minimum of 2 lots and a maximum of 4 lots.
The below table represents the future of minimum and maximum investment for retail investors and HNI concerning shares and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,40,400 |
| Retail (Max) | 1 | 1200 | ₹1,40,400 |
| HNI (Min) | 2 | 2,400 | ₹2,80,800 |
| HNI (Max) | 4 | 4,800 | ₹5,61,600 |
Resourceful Automobile Limited IPO Share Holding Quota
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 51,600 (5.04%) |
| Other Shares Offered | 486,600 (47.48%) |
| Retail Shares Offered | 486,600 (47.48%) |
| Total Shares Offered | 1,024,800 (100%) |
Resourceful Automobile IPO Promoter Holdings
The pre-issue and post-issue shareholding patterns of different shareholders of the Resourceful Automobile IPO are as follows:
| Shareholder details | Pre-issue (in %) | Post-issue (in %) |
| Promoter Holding | 100.00% | 61.41% |
| Public-individual selling shareholder | – | – |
| Public-investor selling shareholder | – | – |
| Public | – | – |
| Employee trust | – | – |
| Total | 100% | 100% |
Resourceful Automobile Limited company Overview
Resourceful Automobile Limited, is a Delhi-based automobile manufacturer and seller. It sell Yamaha bikes and scooters under the brand name Sawhney Automobile. This company specializes in manufacturing tyres, bikes, sports bikes, cruisers, and scooters. Resourceful Automobile Limited incorporate in 2018. Now its promising growth in its recent financial performance.
Resourceful Automobile Limited Financial Report
Revenue:
- Increased from ₹17.23 crore to ₹19.38 crore.
- Growth Rate: 19.38−17.2317.23×100=12.47%\frac{19.38 – 17.23}{17.23} \times 100 = 12.47\%17.2319.38−17.23×100=12.47%
Profit After Tax (PAT):
- Increased from ₹41.5 lakhs to ₹1.52 crore.
- Growth Rate: 152−41.541.5×100=266.27%\frac{152 – 41.5}{41.5} \times 100 = 266.27\%41.5152−41.5×100=266.27%
Total Debts:
- Increased from ₹7.47 crore to ₹9.92 crore.
- Growth Rate: 9.92−7.477.47×100=32.77%\frac{9.92 – 7.47}{7.47} \times 100 = 32.77\%7.479.92−7.47×100=32.77%
| Particular | FY2024 | FY2023 |
| Assets | ₹14.51 crore | ₹10 crore |
| Revenue | ₹17.23 crore | ₹19.38 crore |
| Profit After Tax | ₹1.52 crore | ₹41.5 lakhs |
| Total Debts | ₹9.92 crore | ₹7.47 crore |
Resourceful Automobile Limited Contact Details
K-24, Upper Ground,
KH No. 107/10 Main Road,
Raja puri, West Delhi, New Delhi PIN Code:-110059
Phone: +91-977378496
Email: [email protected]
FAQs
1. What is the GMP price of the Resourceful Automobile Limited IPO?
The current GMP price of the Resourceful Automobile IPO is ₹98.
2. On which exchange will Resourceful Automobile be listed?
Resourceful Automobile IPO shares are to be listed on the BSE and NSE.
3. When is the allotment date for the Resourceful Automobile IPO?
The allotment date of the Resourceful Automobile Limited IPO is Tuesday, August 27, 2024.
4. What are the opening and closing dates of the Resourceful Automobile IPO?
Resourceful Automobile IPO will open on August 22, 2024 & close on August 26, 2024.
5. When is the listing date for the Resourceful Automobile Limited IPO?
Resourceful Automobile IPO’s listing date is August 29, 2024.
Conclusion
Resourceful Automobile Limited financial report shows revenue has increase by 12.47% in FY2024 from FY2023. Profit After Tax (PAT) grow by 266.27%. Which indicate strong for invest in this IPO. Invest in this IPO at your own risk.
To get more information and regular updates on the Resourceful Automobile IPO, keep in touch with The Invest Advisory.