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Resourceful Automobile Limited

Sawhney Automobile, a brand under Resourceful Automobile Limited, has been specializing in Yamaha two-wheelers since 2018. The company offers a diverse range of bikes and scooters, including commuter bikes, sports models, cruisers, and scooters, catering to various customer preferences. It operates two modern showrooms in New Delhi—the Blue Square showroom in Dwarka, which showcases Yamaha’s full range of two-wheelers, apparel, and accessories, and the Palam Road showroom, known for its extensive collection of the latest Yamaha models and unique motorcycles. With a dedicated team of 8 permanent employees as of July 31, 2024, Sawhney Automobile is committed to providing top-quality service and an exceptional customer experience. As the company grows, investors are keenly watching for updates on a potential Sawhney Automobile IPO, including details on its IPO GMP (Grey Market Premium)and expected listing performance, making it an exciting prospect in the automobile sector.

₹117 - ₹117405.97x sub
Listed Price117.00
Listing Gain+0.00%
TimelineFixed Price IPO
Open22 Aug 2024
Close26 Aug 2024
Allotment27 Aug 2024
Listing29 Aug 2024

Quota Reservation Portions

RetailPortion: 4,98,000 shares
48.4%
OtherPortion: 4,75,200 shares
46.4%
Market MakerPortion: 51,600 shares
5.03%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,40,400
HNI2 lots / 2,400 shares
₹2,80,800

About the Company

Sawhney Automobile, a brand under Resourceful Automobile Limited, has been specializing in Yamaha two-wheelers since 2018. The company offers a diverse range of bikes and scooters, including commuter bikes, sports models, cruisers, and scooters, catering to various customer preferences. It operates two modern showrooms in New Delhi—the Blue Square showroom in Dwarka, which showcases Yamaha’s full range of two-wheelers, apparel, and accessories, and the Palam Road showroom, known for its extensive collection of the latest Yamaha models and unique motorcycles. With a dedicated team of 8 permanent employees as of July 31, 2024, Sawhney Automobile is committed to providing top-quality service and an exceptional customer experience. As the company grows, investors are keenly watching for updates on a potential Sawhney Automobile IPO, including details on its IPO GMP (Grey Market Premium)and expected listing performance, making it an exciting prospect in the automobile sector.

Company Promoters

Mr. Rahul SawhneyMrs. Megha ChawlaMrs. Bindu Sawhney

Registrar

Cameo Corporate Services Limited
Resourceful Automobile Limited IPO Details | GMP, Allotment & Financials | IPO Trending