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Open
22 Aug 2024
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Close
26 Aug 2024
3
Allotment
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Listing
Thu, Aug 29, 2024
Price Band
₹117 per share
Issue Size
10,24,800 shares (agg. up to ₹12 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Aug 29, 2024
Latest GMP
₹105
Est. Gain
89.74%
✦ AI Insight
GMP Trend
29-08-2024₹105Est. ₹222+89.74%
28-08-2024₹105Est. ₹222+89.74%
27-08-2024₹105Est. ₹222+89.74%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 417.13x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Popular Vehicles & Services Ltd. | Mainboard | ₹601.55 Cr | ₹295 | 28.88 | ₹276.15 | -6.39% | ₹101.63 |
Objects of the Issue
| # | 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 |
About Resourceful Automobile IPO
Updated on Aug 5, 2026
Contact Details
Resourceful Automobile Ltd. AddressK-24, Upper GroundKH No.107/10 Main RoadRaja puriNew Delhi, New Delhi, 110059+91 9773784969cs@saiswamimetals.comVisit Website