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| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹11.99 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹11.99 Cr |
| Fresh Issue | ₹11.39 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹117.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544236 |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Swastika Investmart Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Resourceful Automobile Limited was founded in 2018 and sells Yamaha two-wheelers under the name “Sawhney Automobile”.
Sawhney Automobile offers a comprehensive range of two-wheelers to fulfill a variety of customer wants and needs. The range includes commuter bikes, sports bikes, cruisers, and scooters from renowned manufacturers.
The company currently has two conceptual showrooms with an attached workshop. The Blue Square showroom in Dwarka, New Delhi, showcases the entire range of Yamaha two-wheelers, apparel, and accessories. Another showroom is located on Palam Road in New Delhi. This showroom offers a wide range of high-quality and distinctive two-wheelers, including the latest models from Yamaha India and a diverse collection of motorcycles.
As of July 31, 2024, the company has a total of 8 permanent employees.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Carry on Expansion of the company by opening of new showrooms in Delhi/ NCR; | 2.16 |
| 2 | Repayment of Debt | 4.56 |
| 3 | To Meet Incremental Working Capital Requirements | 3.36 |
| 4 | General Corporate Purpose | 1.26 |
| Period Ended | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 14.51 | 10.00 | 10.09 | 4.29 |
| Total Income | 17.24 | 19.38 | 12.50 | 11.27 |
| Profit After Tax | 1.52 | 0.42 | 0.29 | 0.00 |
| NET Worth | 3.16 | 1.64 | 0.75 | 0.46 |
| Reserves and Surplus | 1.53 | 0.66 | 0.25 | -0.04 |
| Total Borrowing | 9.92 | 7.48 | 6.74 | 2.70 |
| Amount in ₹ Crore | ||||
| KPI | Feb 29, 2024 |
|---|---|
| ROE | 0.48% |
| ROCE | 31.22% |
| RoNW | 0.48% |
| PAT Margin | 266.84% |
| Price to Book Value | 0.00 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 2.54 | 6.25 |
| P/E (x) | 45.99 | 18.71 |
| Promoter Holding | 100% | 61.41% |
| Market Cap | ₹31.07 Cr. | |
