Resourceful Automobile Limited (BSE SME)
August 22, 2024 – August 26, 2024
| Price | ₹117 - ₹117 |
| Premium | ₹105 |
|---|---|
| Lot size | 1200 |
| Allotment | Aug 27, 2024 |
| Listing | Aug 29, 2024 |
Live Rate
| Open | |
|---|---|
| High | |
| Low | |
| Prev. Close | |
| Lower circuit | |
| Upper circuit | |
| 52w High | |
| 52w Low | |
| P/E Ratio |
Subscription
Last updated on 26-Aug-2024 17:54:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 475200 | 166185600 | 349.72 |
| Retail | 498000 | 241462800 | 484.87 |
| Total | 973200 | 395091600 | 405.97 |
| Total Applications: 248547 | |||
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹54.93 | @8% ₹62.78 | @9% ₹70.62 | @10% ₹78.47 | @11% ₹86.32 | @12% ₹94.17 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 140400 | 415 |
| HNI | 2 | 2400 | 280800 | 396 |
Resourceful Automobile IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 48.4% | 498000 |
| Other | 46.4% | 475200 |
| Market Maker | 5.03% | 51600 |
| Total No. of Shares | 100.0% | 1024800 |
Resourceful Automobile IPO Details
| Issue Size | 1,024,800 shares (aggregating up to ₹11.99 Cr) |
| Fresh Issue | 1,024,800 shares (aggregating up to ₹11.99 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,631,145 |
| Share holding post issue | 2,655,945 |
| Market Maker portion | 51,600 shares Nikunj Stock Brokers |
Key Performance Indicator
| KPI | Feb-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROCE | 31.22% | 16.07% | 13.04% |
| EPS (basic) | 9.33 | 4.27 | 5.75 |
| P/E Pre IPO | 45.99 | ||
| P/E Post IPO | 18.71 |
Company Financials
Resourceful Automobile Limited Financial Information (Restated)
| Period | Feb 2024 | Mar 2023 | Mar 2022 | Mar 2021 | ||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 1,451.41 | 1,000.49 | 1,008.58 | 429.46 | ||||||||||||||||||||||||||||||||||||
| Revenue | 1,723.64 | 1,938.26 | 1,250.1 | 1,127.26 | ||||||||||||||||||||||||||||||||||||
| Profit | 152.24 | 41.5 | 28.73 | 0.16 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 315.78 | 163.56 | 74.78 | 46.05 | ||||||||||||||||||||||||||||||||||||
| Reserves | 152.67 | 66.27 | 24.78 | -3.95 | ||||||||||||||||||||||||||||||||||||
| Borrowing | 992.34 | 747.77 | 673.73 | 269.81 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
About Company
Strength
Expert Team: Skilled promoters and managers enhance market strategy and execution.
Superior Offerings: High-quality products and diverse range cater to various customer needs.
Strategic Location: Prime location boosts accessibility and operational efficiency.
Weakness
Borrower Change Impact: Transition of loans to Deutsche Bank AG and changes in the objects of the issue could disrupt operations and sustainability if not independently monitored.
Dependence on Yamaha: Heavy reliance on Yamaha dealerships means that any negative shift in Yamaha's market performance could significantly affect revenue and financial health.
Economic Sensitivity: Fluctuations in economic conditions and vehicle demand can adversely impact business prospects and operational results.
Lead Manager(s)
Address
K-24, Upper Ground,
KH No. 107/10 Main Road,
Raja puri, West Delhi, New Delhi � 110059
Phone: +91 97737 8496
Email: cs@saiswamimetals.com
Website: http://www.sawhneyauto.com/