:::LALKAR GROUP::::

Resourceful Automobile Ltd

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	117.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 1200 Further Multiples of : 1200

	(Rs)	Lead Managers to the Issue
Project Cost	11.34	Swastika Investmart Ltd
Project Financed through Current Offer	11.99
Post Issue Equity Share Capital	2.66
Issue Price	117.00

Projects

To Carry on Expansion of the company by opening of new Showrooms in Delhi/NCR	Repayment of Debt
To meet incremental working capital requirements	General corporate purposes

Promoted By

Rahul Sawhney

Megha Chawla

Bindu Sawhney

Listing At

BSE - SME

Registrar to the Issue

No Data Available