Resourceful Automobile IPO Details Today, GMP Price, Date, Review

Resourceful Automobile IPO Details Today : Resourceful Automobile IPO is Open on 22 Aug 2024 and Close on 26 Aug 2024. Resourceful Automobile IPO to Raise 10,24,800 shares (Approx ₹11.99 Cr) via IPO. The Fresh issue of 10,24,800 shares (Approx ₹11.99 Cr).

Our Company is actively involved in the dealership of two-wheeler bike of 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, we guarantee customers access to the latest models and authentic spare parts.

Our 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.

STRENGTH WEAKNESS

● Experienced Management Team;
● Quality Products;
● Locational Advantage.

WEAKNESS

● Working Capital Intensive Business;
● Limited Geographical Reach;
● Inability to adopt technology advancement.

OPPORTUNITY

● Growing domestic demand;
● Increase in per capita income of Indian residents.

THREATS

● High level competition;
● Technological Change.

We take pride in our advanced service center, where skilled technicians handle routine maintenance, repairs, and ensure the availability of genuine spare parts to uphold the longevity and performance of the bikes we sell.

The company 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.

Resourceful Automobile IPO Date & Price Band Details

Resourceful Automobile IPO Market Lot Details

Object Of the issue

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

Resourceful Automobile IPO Allotment & Listing Date (Details)

Resourceful Automobile Financial Reports

Our Company Promoter

1. Mr. Rahul Sawhney
2. Mrs. Megha Chawla
3. Mrs. Bindu Sawhney

Qualitative Factors

• Experienced Promoter and Management Team.
• Product Range and Quality Service.
• Locational Advantage.
• Brand Partnerships.
• Online Presence.

Resourceful Automobile Company Contact Details

K-24, Upper Ground, KH No. 107/10 Main Road,
Raja puri, West Delhi, New
Delhi – 110059
Telephone No.: +91 9773784969
Website: www.sawhneyauto.com
E-Mail: info@sawhneyauto.com
Contact Person: Mrs. Neha Rani

Resourceful Automobile IPO Registrar

CAMEO CORPORATE SERVICES LIMITED
SEBI Registration Number: INR000003753
Address: “Subramanian Building”, #1, Club House Road,
Chennai – 600 002, India
Tel. Number: +91-44-40020700, 28460390
Email Id: ipo@cameoindia.com
Investors Grievance Id: investor@cameoindia.com
Website: www.cameoindia.com
Contact Person: Mr. R.D. Ramasamy