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Resourceful Automobile IPO is a book build IPO listing on BSE SME exchange. The company is based in New Delhi and caters to Automobile sector. Swastika Investmart is the merchant banker of Resourceful Automobile IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th December 2023.
Resourceful Automobile IPO open date is 22nd August 2024 and close date is 26th August 2024. IPO Allotment Date is 27th August 2024 and Listing date is 29th August 2024.Resourceful Automobile IPO size is Rs 11.99 Cr. crores with IPO price of Rs 117.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Swastika Investmart Limited is the book-running lead manager of the Resourceful Automobile IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Resourceful Automobile IPO.
Resourceful Automobile IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Resourceful Automobile IPO, based in New Delhi, operates in the Automobile sector with a focus on dealership of automobile yamaha. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Resourceful Automobile IPO size is ₹ 11.99 Cr. Crores with fresh issue size of Rs 11.99 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Resourceful Automobile IPO is expected to be 27th August 2024, after the finalization of basis of allotment. Investors can check Resourceful Automobile IPO allotment status on the registrars website, Cameo Corporate Services Limited. Resourceful Automobile IPO refund dates are 28th August 2024.
Resourceful Automobile IPO is expected to be listed on 29th August 2024.
The upper price band for the Resourceful Automobile IPO is set at ₹ 117.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Resourceful Automobile IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Resourceful Automobile IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 26th August 2024. After submission, funds are blocked until the basis of allotment of Resourceful Automobile IPO is finalised.
The merchant banker for Resourceful Automobile IPO is Swastika Investmart Limited . Swastika Investmart Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Resourceful Automobile IPO RHP for further details.
The registrar for Resourceful Automobile IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Resourceful Automobile IPO through their official website or helpline.
Resourceful Automobile IPO was subscribed 418.82 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 11.99 Cr.
Avg IPO Size (Sector Based)
:
₹ 19.01 Cr.
Sector: Automobile
SME IPO so far:
4
Merchant Banker:
Swastika Investmart
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 18.81 cr.
PE
Ratio:
18.71x
Average Sector PE Ratio: 20.69x
Resourceful Automobile IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Resourceful Automobile Financial Review Page
Merchant Banker(s) of Resourceful Automobile IPO: Swastika Investmart Limited
Resourceful Automobile IPO subscription was 418.82 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Resourceful Automobile IPO listed at a listing price of 122.85 against the offer price of 117.00.
The current market price of Resourceful Automobile is 53.50.
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