Resourceful Automobile IPO Allotment Status Online: Resourceful Automobile IPO is Open on 22 August 2024 and Close on 26 August 2024. Resourceful Automobile IPO to Raise 10,24,800 shares (Approx ₹11.99 Cr) via IPO. The Fresh Issue is 10,24,800 shares (Approx ₹11.99 Cr).
- The Retail Quota is 50%
- QIB is -%
- NII is 50%
Resourceful Automobile IPO Basis of Allotment Status on 27 August 2024. Resourceful Automobile IPO Refund Date is 28 August 2024 and Resourceful Automobile IPO Credit to Demat on 28 August 2024.
Also Read: Resourceful Automobile IPO Details Today, GMP Price, Date, Review
Resourceful Automobile Allotment Link Online
| Cameo | Cameo Allotment Link |
|---|---|
| Moneymintidea | IPO Allotment Status Link |
About –
Resourceful Automobile actively engages with the riding community through events, group rides, and sponsorships. This involvement fosters a sense of camaraderie among customers and enthusiasts. Recognizing the significance of the digital landscape, the dealership maintains a robust online presence, featuring a user-friendly website that provides information on products, promotions, and a platform for online inquiries.
The company being into Auto Dealership Industry plays a key role in the automobile value chain by facilitating sales of vehicles along with the auto OEMs.
Auto dealerships help to shape the buyer’s perception of the displayed vehicles as well as the OEMs, which is largely built around his or her experiences in the dealerships. Accordingly, auto dealerships have to invest significantly in creating the right ambience in their showrooms, besides the investment and expenses that goes in training of employees and leasing of adequate space at prime locations to be able to offer ancillary services as well (in addition to display of vehicles) such as insurance and financing for vehicle purchase.
Additionally, there are expenses involved for leasing of space for workshops to offer servicing and repair of vehicles, as well as for warehouses for the storage of vehicles. The fortunes of auto dealerships are directly linked to the performance of their respective OEMs.
Dealerships have to deal with unexpected shifts in buyer preferences towards newer models launched by competitor OEMs thereby impacting their revenues.
Presently the company has two concept-driven showrooms with one workshop embeds. The Blue Square outlet situated at Dwarka, New Delhi showcase Yamaha’s entire range of two-wheelers, apparels & accessories.
Yamaha’s Blue Square facilities are designed to define their legacy in global motorsports with ‘Blue’ characterizing their racing DNA and ‘Square’ defining an entry into the world of Yamaha. These exclusive outlets showcase the brand’s racing DNA through a Yamaha Blue themed interior and a borderline surrounding the exterior of the outlet.
Both of these new locations are 3S facilities offering – end-to-end Sales, Service and Spares support.
