Resourceful Automobile Ltd.
Industry:
Automobiles - Dealers & Distributors
Issue Details
Open Date
22 Aug 2024Close Date
26 Aug 2024Size (in Crs.)
11.9902
Size (Shares)
-Listing On
BSE
Issue Terms
Price Range
117Lot Size
1200
Type
Fixed Price
Face Value
10
Market Lot
1
Objective of the Issue
1. To Carry on Expansion of the company by opening of new showrooms in Delhi/ NCR;2. Repayment of Debt;3. To Meet Incremental Working Capital Requirements;4. General Corporate Purpose and to meet Public Issue Expenses;
Description
Our Company is actively involved in the dealership of two-wheeler bike of Yamaha, operating under the showroom name“Sawhney Automobiles”. Specializing in the sales and servicing of motorcycles and scooters, with quality products andexceptional customer service, making it a trusted destination for motorcycle enthusiasts. Show More
Address
K-24, Upper Ground , K H No. 107/10 Main Road , Rajapuri, West Delhi
New Delhi
110059
Promoter Holding
Promoters:
Bindu Sawhney, Megha Chawla, Rahul Sawhney
Total Share Capital
1631143
Offered to Public
1024800
% Promoter's Holding (Pre-Issue)
100
% Promoter's Holding (Post-Issue)
61.41
Shares on offer
Total Share Offer
1631143
Of above offred to public
1024800
Post Issue shares
NA
Post Issue Promoters
61.41
Lead Managers to the Issue:
Swastika Investmart Ltd.
Registrar Details
Registrar Name:
Cameo Corporate Services Ltd
Address
Subramanian Buildings No 1 , Club House Road , , Chennai
600002
Phone No.
044-28460390/28460394
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Website
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Fax
044-28460129