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Resourceful Automobile IPO

Open 22nd Aug 2024 · Close 26th Aug 2024 · Listing 29th Aug 2024

Price BandTBA
Live GMP₹105.00
Subscription418.82×
Issue Size₹11.99 Cr
Allotment27th Aug 2024

IPO Objectives

Resourceful Automobile IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1To Carry on Expansion of the company by opening of new showrooms in Delhi/ NCR;₹2.16 Cr
2Repayment of Debt₹4.56 Cr
3To Meet Incremental Working Capital Requirements₹3.36 Cr
4General Corporate Purpose₹1.26 Cr