Resourceful Automobile IPO Date, Review, Price, Allotment Details

Resourceful Automobile IPO Details: Resourceful Automobile IPO date is not fixed, The IPO will open on May [.] and will close on May [.]. Resourceful Automobile is a BSE SME IPO to raise ₹11.99 crores via IPO. The Resourceful Automobile IPO price band is fixed at ₹117 with a market lot of 1200 shares.

Resourceful Automobile IPO

Table of Contents

Resourceful Automobile is actively involved in the dealership of the two-wheeler bike Yamaha, operating 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 trusted destination for motorcycle enthusiasts.


Sawhney Automobile caters to a diverse range of customer preferences and needs by offering a comprehensive selection of two-wheelers. The inventory encompasses commuter bikes, sport bikes, cruisers, and scooters sourced from reputable manufacturers. As an authorized Yamaha dealership, they guarantee customers access to the latest models and authentic spare parts. Their dealership goes beyond sales, providing expert guidance to assist customers in selecting the right bike, arranging test rides, and offering financing options for enhanced accessibility. They take pride in their advanced service center, where skilled technicians handle routine maintenance and repairs, and ensure the availability of genuine spare parts to uphold the longevity and performance of the bikes they sell.

The mission of the company is to offer a diverse range of high-quality motorcycles, and exceptional service, and foster a community that celebrates the spirit of freedom and exploration on two wheels. The company is committed to innovation, integrity, and customer satisfaction, and it strives to be the premier destination for every rider’s journey. The vision of the company is to set industry standards, cultivate a vibrant rider community, and leave a legacy of excellence that resonates with the spirit of the open road.


Objects of the Issue:

  • To Carry on Expansion of the company by opening of new showrooms in Delhi/ NCR;
  • Repayment of Debt;
  • To Meet Incremental Working Capital Requirements;
  • General Corporate Purpose and to meet Public Issue Expenses;
  • To meet public Issue Expenses.

Resourceful Automobile IPO Review

  • To be updated soon

Resourceful Automobile IPO Date & Price Band Details

IPO Open:May [.], 2024
IPO Close:May [.], 2024
IPO Size:Approx ₹11.99 Crores, 10,24,800 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹117 Per Equity Share
IPO Listing on:BSE SME
Retail Quota:50% of the net offer
QIB Quota:[.]% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Resourceful Automobile IPO Market Lot

The Resourceful Automobile IPO minimum market lot is 1200 shares with a ₹140,400 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹140,400
Retail Maximum11200₹140,400
S-HNI Minimum22400₹280,800

Resourceful Automobile IPO Dates

The Resourceful Automobile IPO date is May 2024 and the IPO close date is May 2024. The IPO allotment date is May 2024 and the IPO might list on May 2024.

IPO Open Date:May 2024
IPO Close Date:May 2024
Basis of Allotment:May 2024
Refunds:May 2024
Credit to Demat Account:May 2024
IPO Listing Date:May 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Resourceful Automobile IPO Form

How to apply Resourceful Automobile IPO? You can apply Resourceful Automobile IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Resourceful Automobile IPO in the Invest section. The other option you can apply Resourceful Automobile IPO via IPO forms download via the BSE website. Check out the Resourceful Automobile forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.


Resourceful Automobile Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹11.27₹11.26₹00.01
2022₹12.50₹12.11₹0.29
2023₹19.38₹18.78₹0.42
Oct 2023₹8.51₹7.51₹0.75

Resourceful Automobile IPO Valuation – FY2023

Check Resourceful Automobile IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning 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

Peer Group

  • NA

Company Promoters

  • Mr. Rahul Sawhney
  • Mrs. Megha Chawla
  • Mrs. Bindu Sawhney

Resourceful Automobile IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-40020700, 28460390
Email: [email protected]
Website: www.cameoindia.com

Resourceful Automobile IPO Allotment Status

Check Resourceful Automobile IPO allotment status on Cameo Corporate website URL. Click Here

Resourceful Automobile IPO Lead Managers aka Merchant Bankers

  • Swastika Investmart Limited

Company Address

Resourceful Automobile Limited
K-24, Upper Ground, KH No. 107/10 Main Road,
Raja Puri, West Delhi, New Delhi – 110059
Phone: +91 – 97737 84969
E-mail: [email protected]
Website: www.sawhneyauto.com

Resourceful Automobile IPO FAQs


What is Resourceful Automobile IPO?

Resourceful Automobile IPO is an BSE SME IPO. They are going to raise ₹11.99 Crores via IPO. The issue is priced at ₹117 per equity share. The IPO is to be listed on BSE.

When Resourceful Automobile IPO will open?

The IPO is to open on May [.], 2024 for QIB, NII, and Retail Investors.

What is Resourceful Automobile IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Resourceful Automobile IPO?

You can apply Resourceful Automobile IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Resourceful Automobile IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Resourceful Automobile”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Resourceful Automobile IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Resourceful Automobile”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Resourceful Automobile IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Resourceful Automobile”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Resourceful Automobile IPO Size?

Resourceful Automobile IPO size is ₹11.99 crores.

What is Resourceful Automobile IPO Price Band?

Resourceful Automobile IPO Price Band is ₹117 per equity share.

What is Resourceful Automobile IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹140,400.

What is Resourceful Automobile IPO Allotment Date?

Resourceful Automobile IPO allotment date is May [.], 2024.

What is Resourceful Automobile IPO Listing Date?

Resourceful Automobile IPO listing date is May [.], 2024. The IPO to list on BSE SME.

Note: The Resourceful Automobile IPO details are announced officially. The IPO grey market premium (Resourceful Automobile IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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