
Automotive & Auto Components · BSE
Sawhney Automobile, a brand under Resourceful Automobile Limited, has been specializing in Yamaha two-wheelers since 2018. The company offers a diverse range of bikes and scooters, including commuter bikes, sports models, cruisers, and scooters, catering to various customer preferences. It operates two modern showrooms in New Delhi—the Blue Square showroom in Dwarka, which showcases Yamaha’s full range of two-wheelers, apparel, and accessories, and the Palam Road showroom, known for its extensive collection of the latest Yamaha models and unique motorcycles. With a dedicated team of 8 permanent employees as of July 31, 2024, Sawhney Automobile is committed to providing top-quality service and an exceptional customer experience. As the company grows, investors are keenly watching for updates on a potential Sawhney Automobile IPO, including details on its IPO GMP (Grey Market Premium)and expected listing performance, making it an exciting prospect in the automobile sector.
Price Band
₹117
Issue Size
₹11.99 Cr
Lot Size
1200 shares
GMP
+89.7%
Est. Listing
₹222
at current GMP
Subscribed
405.97x
overall
Open
22 Aug 2024
Close
26 Aug 2024
Allotment
27 Aug 2024
Refund
28 Aug 2024
Demat Credit
29 Aug 2024
Listing
29 Aug 2024