Resourceful Automobile Ltd IPO |
Registered Office:
K 24 Upper Ground KH # 107/10-,Main Road Raja Puri West Delhi
,
Delhi
-
110059
,
Delhi
, India.
Phone :
+91 97737 84969 Fax:
Email : cs@sawhneyauto.com
Website : www.sawhneyauto.com
|
| Public issue of 10,24,800 equity shares of face value of (Rs)10/- each of Resourceful Automobile Limited ("RAL" or the "Company" or the "Issuer") for cash at a price of (Rs)117/- per equity share including a share premium of
(Rs)107/- per equity share (the "Issue Price") aggregating to (Rs)11.99 crores ("The Issue"), of which 51,600 equity shares of face value of
(Rs)10/- each for cash at a price of (Rs)117/- per equity share including a share premium of (Rs)107/- per equity share aggregating to (Rs)0.60 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 9,73,200 equity shares of face value of (Rs)10/- each at a price of (Rs)117/- per equity share including a share premium of
(Rs)107/- per equity share aggregating to (Rs)11.39 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 38.59% and 36.64% respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs)10/- each and the issue price is (Rs)117/-. The issue price is 11.70 times of the face value.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 22-Aug-24 |
26-Aug-24 |
(Rs)117.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :1200 Further Multiples of :1200 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
11.34 |
|
| Project Financed through Current Offer |
11.99 |
|
| Post Issue Equity Share Capital |
2.66 |
|
| Issue Price |
(Rs)117.00 |
|
|