Resourceful Automobile Limited
Fixed Price IPO · BSE
- Price band
- ₹117 - ₹117
- Lot size
- 1,200 shares
- Issue amount
- ₹11.99 cr
- Total subscription
- 405.97×
- Opens
- 22 Aug 2024
- Closes
- 26 Aug 2024
- Allotment
- 27 Aug 2024
- Listing
- 29 Aug 2024
Offer at a glance
Issue overview
- Issue size
- 10,24,800 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,40,400
- Fresh issue
- ₹11.99 cr
- Offer for sale
- ₹0 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,40,400
- Issue type
- Fixed Price IPO
- Shares before issue
- 16,31,145
- Shares after issue
- 26,55,945
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,40,400 |
| HNI | 2 | 2,400 | ₹2,80,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 5.83 | 2,825.11 |
| NIB | 5.56 | 1,944.37 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Feb-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 9.33 | 4.27 | 5.75 |
| ROE | 0 | 0 | 0 |
| ROCE | 31.22 | 16.07 | 13.04 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Sawhney Automobile, a brand under Resourceful Automobile Limited, has been specializing in Yamaha two-wheelers since 2018. The company offers a diverse range of bikes and scooters, including commuter bikes, sports models, cruisers, and scooters, catering to various customer preferences. It operates two modern showrooms in New Delhi—the Blue Square showroom in Dwarka, which showcases Yamaha’s full range of two-wheelers, apparel, and accessories, and the Palam Road showroom, known for its extensive collection of the latest Yamaha models and unique motorcycles. With a dedicated team of 8 permanent employees as of July 31, 2024, Sawhney Automobile is committed to providing top-quality service and an exceptional customer experience. As the company grows, investors are keenly watching for updates on a potential Sawhney Automobile IPO, including details on its IPO GMP (Grey Market Premium)and expected listing performance, making it an exciting prospect in the automobile sector.
Strengths
- Skilled Team: Experienced leaders and managers drive smart strategies and smooth execution.
- Top-Quality Products: A diverse range of high-quality offerings meets different customer needs.
- Great Location: A well-placed location enhances convenience and improves efficiency.
Risk factors
- Loan Transfer Effects: Shifting loans to Deutsche Bank AG and altering the purpose of funds could impact operations and stability if not carefully managed.
- Reliance on Yamaha: Since a large part of the business depends on Yamaha dealerships, any downturn in Yamaha’s market could directly affect revenue and financial health.
- Economic Influence: Changes in the economy and vehicle demand can impact business growth and overall performance.
Promoters
Mr. Rahul Sawhney
Mrs. Megha Chawla
Mrs. Bindu Sawhney
Registrar & documents
Lead manager
Swastika Investmart Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
K-24, Upper Ground,KH No. 107/10 Main Road, Raja puri, West Delhi, New Delhi - 110059
+91 97737 8496
[email protected]Company website ↗Understanding RAL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.