Resourceful Automobile IPO Allotment Status

Summary

The Resourceful Automobile IPO has seen remarkable interest from investors, with the total subscription reaching 418.27 times (5:01:08 PM by 26th August 2024). The retail category was especially strong, with subscriptions at 495.18 times, indicating overwhelming demand from individual investors. Non-Institutional Investors (NII), which include high-net-worth individuals, subscribed 315.56 times, reflecting significant interest from wealthier investors. The Qualified Institutional Buyers (QIB) category figures have not been disclosed yet but typically finalise their participation close to the end of the subscription period.

Over the three days of the IPO, there was a sharp increase in interest. On Day 1, the total subscription was 10.35 times, with retail at 17.92 times and NII at 2.78 times. By Day 2, these numbers had jumped to 74.13 times overall, with 105.93 times in retail and 42.32 times in NII. The final day saw a dramatic surge, culminating in the impressive 418.27 times total subscription. The total number of applications received was 247,679, highlighting the strong demand for this IPO.

How to Check Resourceful Automobile IPO Allotment Status:

How do you Check Resourceful Automobile IPO Allotment Status on the Registrar's Site?

If you have applied for the Resourceful Automobile Ltd IPO, you can conveniently verify your allotment status on the Cameo Corporate Services Ltd website. Below is a straightforward guide to assist you in checking your allotment status:

Step 1: Visit the Cameo Corporate Services Ltd website. (https://ipo.cameoindia.com/)

Step 2: Select the Resourceful Automobile IPO from the dropdown menu.

Step 3: Choose to proceed with either your Application Number, Demat Account, or PAN.

Step 4: Indicate your application type as ASBA or non-ASBA.

Step 5: Enter the necessary details based on your previous selection.

Step 6: Complete the Captcha verification process.

Step 7: Click the submit button to access your allotment status.

How to Check Resourceful Automobile IPO Allotment Status on BSE?

To check the status on BSE:

Step 1: Access the allotment page on the official BSE website by following this link: https://www.bseindia.com/investors/appli_check.aspx.

Step 2: In the 'Issue Type' section, select 'Equity' and choose the Resourceful Automobile IPO from the 'Issue Name' dropdown menu.

Step 3: Enter your PAN or application number and click the 'Submit' button to proceed.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: An IPO allotment status that indicates the available shares for allocation should show up once you submit your information.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account?

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Resourceful Automobile IPO Timeline:

Resourceful Automobile IPO Subscription Status

Resourceful Automobile IPO received 418.27 subscriptions. By 26th August, 2024 (Day 3), the public issue had been subscribed 495.18 times in retail and 315.56 times in NII category.

Subscription Day 3
Total Subscription: 418.27 times.
NII: 315.56 times.
Retail investors:  495.18 times.
 
Subscription Day 2
Total Subscription: 74.13 times.
NII: 42.32 times.
Retail investors: 105.93 times.
 
Subscription Day 1
Total Subscription: 10.35 times.
NII: 2.78 times.
Retail investors: 17.92 times.

Resourceful Automobile IPO Details

Resourceful Automobile IPO represents a fixed price offering amounting to ₹ 11.99 crores, consisting entirely of a new issuance of 10.25 lakh shares.

The subscription period for the Resourceful Automobile IPO commenced on August 22nd, 2024, and will conclude today 26th August, 2024. The allocation of shares for this IPO is anticipated to be finalised on 27th August, 2024. The shares will be listed on BSE SME, with a provisional listing date set for 29th August, 2024.

The price per share for the Resourceful Automobile IPO is ₹117. The minimum application lot size is 1,200 shares, requiring a minimum investment of ₹140,400 for retail investors. The minimum investment for high-net-worth individuals (HNIs) involves 2 lots (2,400 shares), totalling ₹280,800.

Swastika Investmart Ltd. is the book-running lead manager for the Resourceful Automobile IPO, while Cameo Corporate Services Limited is the registrar. Nikunj Stock Brokers is designated as the market maker for this IPO.