Resourceful Automobile IPO Date: Resourceful Automobile Limited is planning to launch its IPO sometime in May 2024. During this IPO, the company aims to raise around ₹11.99 crores. Each share will have a face value of ₹10.
The IPO has categorized participation into various segments. Retail investors, representing individuals like ourselves, will have access to 50% of the available shares. Qualified Institutional Buyers (QIBs) will receive the largest portion at [.]%, while High Net Worth Individuals (HNIs) will have access to 50%.
Resourceful Automobile IPO Date And Details
| IPO Open: | May 2024 (Tentative) |
| IPO Close: | May 2024 (Tentative) |
| IPO Size: | ₹10.25 Crores Aggregating up to 11.99 Cr. |
| Fresh Issue: | ₹10.24 Crores Shares |
| Offer for Sale: | NA |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹117 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 50% |
| QIB Quota: | – |
| NII Quota: | 50% |
| DRHP Draft : | Click Here |
All Upcoming IPO Please Visit – IPO mint
Resourceful Automobile Limited IPO Lot Size
For the Resourceful Automobile IPO, investors can buy a minimum lot of [.] shares, necessitating an application amount of ₹[.]. Retail investors have the option to apply for up to [.] lots, which equates to [.] shares or a total amount of ₹[.].
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹140,400 |
| Retail Maximum | 1 | 1200 | ₹140,400 |
| S-HNI Minimum | 2 | 2400 | ₹280,800 |
| B-HNI Minimum | 2 | 2400 | ₹280,800 |
Resourceful Automobile IPO Subscription, Allotment & Listing Dates (Tentative)
The Resourceful Automobile IPO is scheduled to open in May 2024 and close in May 2024. The allotment of shares for the IPO will be finalized in May 2024, with the listing on the stock exchange also planned for May 2024.
| IPO Open Date: | May 2024 |
| IPO Close Date: | May 2024 |
| Basis of Allotment: | 2024 |
| Refunds: | 2024 |
| Credit to Demat Account: | 2024 |
| IPO Listing Date: | 2024 |
Resourceful Automobile Limited Financial Report
| Year | Revenue (₹ in Crores) | Expense (₹ in Crores) | PAT (₹ in Crores) |
|---|---|---|---|
| 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 Limited KPI
| Aspect | 31 October 2023 | 31 March 2023 |
|---|---|---|
| Revenue from Operations | ₹814.93 Crores | ₹1,883.92 |
| Growth in Revenue % | -25.84% | 52.95% |
| EBITDA | ₹149.72 Crores | ₹147.78 |
| EBITDA Margin % | 18.37% | 7.84% |
| PAT | ₹74.79 Crores | ₹41.50 |
| PAT Margin % | 9.18% | 2.20% |
Resourceful Automobile Limited IPO Valuation
Resourceful Automobile IPO Valuation as FY year 2023
| Earning Per Share (EPS): | ₹4.27 per Equity Share |
| 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. Bindu Sawhney and Mrs. Megha Chawl
Resourceful Automobile IPO Registrar
CAMEO CORPORATE SERVICES LIMITED
Address: “Subramanian Building”, #1,
Club House Road, Chennai – 600 002, India
Tel. Number: +91-44-40020700, 28460390
Email Id: ipo@cameoindia.com
Grievance Id: investor@cameoindia.com
Website: www.cameoindia.com
IPO Allotment Status Check OF Resourceful Automobile Limited
Check Resourceful Automobile IPO allotment status on the CAMEO CORPORATE SERVICES LIMITED website allotment URL. Click Here
Resourceful Automobile Limited Lead Managers & Merchant Bankers
SWASTIKA INVESTMART LIMITED
Registered Office: Flat No18 Floor 2 North Wing Madhaveshwar Coop Hsg Society Ltd
Madhav Nagar, 11/12 S V Road Andheri W Mumbai Mumbai City – 400058
(Maharashtra).
Telephone Number: +91-22-26254568-69 / 0731-6644244
Email Id: merchantbanking@swastika.co.in
Investors Grievance Id: mb.investorgreivance@swastika.co.in
Company Address
RESOURCEFUL AUTOMOBILE LIMITED
K-24, Upper Ground, KH No.
107/10 Main Road, Raja puri,
West Delhi, New Delhi –110059
Email- cs@sawhneyauto.com
Mobile: +91 – 97737 84969
Website: www.sawhneyauto.com
FAQs Of Resourceful Automobile Limited
Tentatively planned to launch in May 2024.
The IPO aims to raise around ₹11.99 crores with a face value of ₹10 per share.
Retail investors will have access to 50% of the available shares, while High Net Worth Individuals (HNIs) will also have access to 50%.
The IPO price band is set at ₹117 per share, and the listing is planned on both BSE and NSE.
Financial data for previous years, including revenue, expenses, and profit after tax (PAT), are provided above in the article.
