Resourceful Automobile IPO GMP

 
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Resourceful Automobile IPO GMP

IPO Open Date: 22, August, 2024

IPO Close Date: 26, August, 2024

IPO Price: ₹117 per share

Lot Size: 1200 Shares

Listing: August 29, 2024

Resourceful Automobile– Are you looking for Resourceful Automobile IPO GMP / Grey Market Premium and Kostak rate? You are at the right place, here you will get the latest Resourceful Automobile IPO GMP live.

The public issue of Resourceful Automobile will open on August 22, 2024 and remain open until August 26, 2024 for bidding. It has set the price band at approximately ₹117 per equity share and expects to raise ₹11.99 crore.

Ahead of Resourceful Automobile opening date, grey market indicators are pointing to positive developments.

Resourceful Automobile IPO GMP

Resourceful Automobile Grey Market Premium (GMP) is currently at ₹105 , indicating the demand for the company's shares in the unofficial market.

Resourceful Automobile IPO price band

The price band for Resourceful Automobile initial public offering (IPO) has been set at ₹117 per equity share, offering potential investors a range within which they can place their bids.

Resourceful Automobile IPO date

Starting from August 22, 2024, the IPO will be open for bidders to participate, and it will remain open until August 26, 2024, providing a limited window for interested parties to take part in the offering.

Resourceful Automobile IPO size

With an ambitious goal of raising ₹11.99 Crores, Resourceful Automobile is poised to make a significant impact in the financial markets through its IPO.

Resourceful Automobile IPO lot size

Investors can apply for the IPO in lots, with each lot comprising 1200 shares, allowing them to tailor their investment based on their financial capacity and strategic objectives.

Resourceful Automobile IPO application limit

The application limit for the IPO is set at a minimum of 1 lot for bidders, while retail investors have the opportunity to apply for up to 1 lots, offering flexibility in participation.

Resourceful Automobile allotment date

The tentative schedule for the allotment of Resourceful Automobile IPO shares is August 27, 2024, providing a timeline for successful bidders to receive their allocated shares.

Resourceful Automobile IPO listing

Resourceful Automobile aims to list its shares on August 29, 2024, subject to market conditions, with plans to list on both the BSE and NSE, signaling a significant milestone for the company.

Resourceful Automobile IPO registrar

Cameo Corporate Services Limited has been entrusted with the crucial role of serving as the registrar for Resourceful Automobile, ensuring a smooth and efficient process for all stakeholders involved.

Investors and market analysts are closely monitoring the developments surrounding Resourceful Automobile IPO, as it presents an opportunity to gauge the market's response to the company's offering. The subscription data and final oversubscription figures will provide valuable insights into the demand for Resourceful Automobile shares and the overall investor sentiment.

Resourceful Automobile IPO is generating considerable interest due to the company's strong presence in the engineering and design services sector, as well as its diverse client base spanning various industries. Additionally, the IPO's performance will be indicative of investor confidence in the broader economic outlook and the attractiveness of the Indian capital markets.

As the IPO progresses through its various stages, prospective investors will closely analyze factors such as the company's financial performance, growth prospects, and competitive positioning to make informed decisions about participating in the offering. This heightened interest is expected to contribute to robust trading activity following the listing of Resourceful Automobile shares.

The successful execution of Resourceful Automobile IPO is anticipated to further bolster the company's financial position and provide funds for strategic initiatives, expansion plans, and potential acquisitions. Moreover, it will offer an opportunity for retail investors, institutional investors, and other market participants to gain exposure to a prominent player in the engineering and design services sector.

Overall, Resourceful Automobile IPO is poised to make a significant impact on the Indian markets, and its outcome will be closely observed as a barometer of investor confidence and market dynamics.

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Article By: Ishika Agarwal
435 Posts 66.6K Total Views

An accomplished IPO analyst, providing valuable insights and expert commentary on the latest upcoming IPOs. With a keen interest in uncovering meaningful information, I offer comprehensive coverage of the most promising IPOs in the market.

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