Issue Price
₹117
Per Share
GMP
NIL
Grey Market
Est. Listing
₹117
Expected Price
Min. Application
₹280,800
2 lots × 1200 shares
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 Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 51,600 | — | ₹0.60 Cr | — |
| TOTAL | 1,024,800 | 100.00% | ₹11.99 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹140,400 |
| Retail (Max) | 13 | 15,600 | ₹1,825,200 |
| sNII (Min) | 14 | 16,800 | ₹1,965,600 |
| bNII (Min) | 68 | 81,600 | ₹9,547,200 |
| Particulars | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 1723.64 | 1938.26 | 1250.10 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 1250.10 | 1250.10 | 1250.10 |
| Net Worth | 1250.10 | 163.56 | 163.56 |
| Total Assets | 1451.41 | 1000.49 | 1000.49 |
| Reserves & Surplus | 152670.01 | 66.27 | 24.78 |
| Total Borrowings | 992.34 | 747.77 | 673.73 |