Resourceful Automobile Limited
Resourceful Automobile IPO bidding started from Aug 22, 2024 and ended on Aug 26, 2024. The allotment for Resourceful Automobile IPO was finalized on Aug 27, 2024. The shares got listed on BSE on Aug 29, 2024.
Resourceful Automobile IPO price band is set at ₹0 to ₹117 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹0.
Refer to Resourceful Automobile IPO DRHP for detailed information.
IPO date
Aug 22,2024 - Aug 26,2024
Listing Date
Aug 29,2024
Face value
₹10
Price Band
0₹117 per share
Lot
₹1200 Shares
Total Issue Size
10.25 Lakh (10,24,800)
aggregating up to ₹11.99 Cr (11,99,01,600)
Fresh Issue
10.25 Lakh (10,24,800)
aggregating up to ₹11.99 Cr (11,99,01,600)
Issue Type
Fixed Price
IPO Type
Listing At
BSE
Thu, Aug 22, 2024
IPO Open
Mon, Aug 26, 2024
IPO Close
Tue, Aug 27, 2024
Basis of Allotment
Wed, Aug 28, 2024
Initiation of Refunds
Wed, Aug 28, 2024
Credit of Shares to Demat
Thu, Aug 29, 2024
Listing
Resourceful Automobile IPO last GMP is ₹105, last updated Aug 28,2024. With the price band of 117.00, Resourceful Automobile IPO 's estimated listing price is ₹222 (cap price + today's GMP).The expected percentage gain/loss per share is 89.74%.
Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
---|---|---|---|---|
28-Aug-24 | 117.00 | 105 | 222(89.74%) | 28-Aug-2024 15:57 |
27-Aug-24 | 117.00 | 105 | 222(89.74%) | 27-Aug-2024 23:27 |
26-Aug-24 | 117.00 | 105 | 222(89.74%) | 26-Aug-2024 23:28 |
25-Aug-24 | 117.00 | 85 | 202(72.65%) | 25-Aug-2024 23:29 |
24-Aug-24 | 117.00 | 85 | 202(72.65%) | 24-Aug-2024 23:30 |
23-Aug-24 | 117.00 | 85 | 202(72.65%) | 23-Aug-2024 23:23 |
22-Aug-24 | 117.00 | 80 | 197(68.38%) | 22-Aug-2024 23:24 |
21-Aug-24 | 117.00 | 70 | 187(59.83%) | 21-Aug-2024 23:25 |
20-Aug-24 | 117.00 | 55 | 172(47.01%) | 20-Aug-2024 23:24 |
19-Aug-24 | 117.00 | 50 | 167(42.74%) | 19-Aug-2024 23:25 |
18-Aug-24 | 117.00 | 20 | 137(17.09%) | 18-Aug-2024 23:23 |
17-Aug-24 | 117.00 | 20 | 137(17.09%) | 17-Aug-2024 23:26 |
Application | Lots | Shares | Amount |
---|---|---|---|
Retail(Min) | 1 | 1,200 | ₹1.40 Lakh (1,40,400) |
Retail(Max) | 1 | 1,200 | ₹1.40 Lakh (1,40,400) |
HNI(Min) | 2 | 2,400 | ₹2.81 Lakh (2,80,800) |
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.
Resourceful Automobile Limited
K-24, Upper Ground,
KH No. 107/10 Main Road,
Raja puri, West Delhi, New Delhi � 110059
Phone: +91 97737 8496
Email: [email protected]
Website: http://www.sawhneyauto.com/
Mr. Rahul Sawhney, Mrs. Megha Chawla, and Mrs. Bindu Sawhney are the company's promoters.