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HSB SECURITIES & EQUITIES LIMITED
Formerly known as HSE Securities Ltd
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Resourceful Automobile Ltd.
Issue Open Date 22-Aug-24  
Issue Closing Date 26-Aug-24  
Application Money 100  
Allotment Money  
Price Band () 117 -  
Minimum Bid Quantity. 1200  
Issue Size (Shares) 1024800  
Market Lot 1  
Objective

1. To Carry on Expansion of the company by opening of new showrooms in Delhi/ NCR 2. Repayment of Debt 3. To Meet Incremental Working Capital Requirements 4. General Corporate Purpose and to meet Public Issue Expenses

Business Description

Our Company is actively involved in the dealership of two-wheeler bike of Yamaha, operating under the showroom name“Sawhney Automobiles”. Specializing in the sales and servicing of motorcycles and scooters, with quality products andexceptional customer service, making it a trusted destination for motorcycle enthusiasts.

Promoter's Holding
Total Share Capital   1631143  
Offered to Public   1024800  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   61.41  
Address
Address :K-24
Upper Ground
K H No. 107/10 Main Road
Rajapuri
West Delhi
City :New Delhi, State :Delhi Pincode :110059 Phone :011-45622444 Email : info@sawhneyauto.com Website : www.sawhneyautomobile.com
Registrar
Cameo Corporate Services Ltd
Subramanian Buildings No 1
Club House Road

Chennai
Listed at
BSE
Lead Manager
Swastika Investmart Ltd.
Promoters
Bindu Sawhney
Megha Chawla
Rahul Sawhney

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Registration No.s:- SEBI Registration No: INZ000179235, BSE: 902, NSE: 11030, CDSL/NSDL Sebi Regn No: IN-DP-382-2018, CDSL DP ID: 54500, NSDL DP ID: IN302734, CIN: U67120TG1999PLC032788.

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