Resourceful Automobile Limited
BBSE:RAL52.00
INR
-5.60
(-9.72%)
Resourceful Automobile Limited
BSE:RAL
(Bombay Stock Exchange)
Recent
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52.00
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ROIC.AI
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- Business
- Resourceful Automobile Limited is an India-based automotive retail and dealership company engaged in the sale, distribution, and servicing of two-wheeled motor vehicles, spare parts, and related accessories. The company operates authorized dealership showrooms and service facilities under the trade name Sawhney Automobile, serving individual consumers, urban commuters, and motorcycle enthusiasts. Resourceful Automobile Limited operates primarily across two functional segments: Vehicle Sales and After-Sales Care. Its product portfolio comprises motorcycles and scooters, including commuter bikes, performance motorcycles, sports bikes, and automatic scooters under the Yamaha brand; genuine original equipment manufacturer spare parts, replacement components, engine lubricants, and consumables; and protective riding gear, helmets, and vehicle accessories. In addition to vehicle sales, the company offers a systematic range of services, including periodic maintenance, mechanical repairs, and electronic diagnostics; warranty management and post-warranty repairs; wheel alignment, detailing, and bodywork; pre-delivery inspections; and facilitation of third-party retail financing, vehicle insurance, and registration services. Founded in 2018 and headquartered in New Delhi, India, the company maintains its retail showrooms and workshop facilities in the National Capital Region. In recent developments, the company converted from a private limited company to a public limited company and completed its initial public offering on the BSE SME platform in August 2024, deploying the capital proceeds toward establishing new dealership showrooms in the Delhi-NCR market, repaying outstanding debt obligations, and fulfilling general corporate and working capital needs.