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

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

Resourceful Automobile IPO Details Today : Resourceful Automobile IPO is Open on [.] 2024 and Close on [.] 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).


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. 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.


Resourceful Automobile IPO Date & Price Band Details

IPO Open Date 2024
IPO Close Date 2024
IPO Size 10,24,800 shares (Approx ₹11.99 Cr)
Fresh Issue 10,24,800 shares (Approx ₹11.99 Cr)
Lot Size 1200 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹117 Per Every Share
IPO Listing On BSE
IPO Retail Quota 50%
IPO QIB Quota -%
IPO NII Quota 50%
DRHP Draft Click Here
Anchor Investor Click Here


Resourceful Automobile IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹140,400
Retail Maximum 1 1200 ₹140,400
S-HNI Minimum 2 2400 ₹280,800


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)

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


Resourceful Automobile Financial Reports

₹ in Lakhs
Year Revenue Expense Net income
2024 ₹814.93 ₹751.23 ₹74.79
2023 ₹1,883.92 ₹1,878.37 ₹41.50
2022 ₹1,231.71 ₹1,211.49 ₹28.73
2021 ₹1,103.79 ₹1,126.44 ₹0.16


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
Contact Person: Mrs. Neha Rani


Resourceful Automobile IPO Registrar

SEBI Registration Number: INR000003753
Address: “Subramanian Building”, #1, Club House Road,
Chennai – 600 002, India
Tel. Number: +91-44-40020700, 28460390
Email Id:
Investors Grievance Id:
Contact Person: Mr. R.D. Ramasamy



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