ClosedSME
Resourceful Automobile
RAL·117-117·Opens 2024-08-19
Price Band: 117-117
Min. Investment: ₹1,40,400
Issue Size: 11cr
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About the Company
What does this company do?
Resourceful Automobile Limited primarily deals in Yamaha two-wheelers under the dealership name “Sawhney Automobile,” offering a wide range of models, including commuter bikes, sport bikes, cruisers, and scooters. As an authorized Yamaha dealership, the company provides access to the latest models, genuine spare parts,…
IPO Details
Issue parameters, key dates and structure.
Key Risks
Material risk factors to consider before applying.
◆ Neutral
Should You Apply?
Resourceful Automobile Limited primarily deals in Yamaha two-wheelers under the dealership name “Sawhney Automobile,” offering a wide range of models, including commuter bikes, sport bikes, cruisers, and scooters. As an authorized Yamaha dealership, the company provides access to the latest models, genuine spare parts, and customer support services. The company has two showrooms in New Delhi: one in Dwarka, which is a Yamaha Blue Square outlet featuring the entire Yamaha product line, and another on Palam Road. Both locations offer after-sales services, such as repairs and maintenance, through their attached workshops.
⚠️ This is not investment advice. CheckIPO provides information for educational purposes only. Always consult a SEBI-registered financial advisor before investing.
IPO Timeline
Key milestones from opening to listing.
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Issue open date
2024-08-22
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Issue close date
2024-08-26
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UPI mandate deadline
2024-08-26
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Allotment finalization
2024-08-27
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Refund initiation
2024-08-28
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Share credit
2024-08-28
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Listing date
2024-08-29