Initial Public Offerings

asdfsaIssue size Funds Raised in the IPO Amount Total issue size 65.12 Fresh Issue – Proceeds go to the company 65.12 Utilisation of proceeds Purpose INR crores (%) Capital expenditure for new & existing showrooms 6.32 (9.71%) Working Capital Requirements 43 (66.05%) General corporate purposes 15.8 (24.24%) Strengths A long-standing relationship of over two decades with Bajaj Auto supports business growth. Diversified product mix across vehicles and consumer electronics broadens revenue sources. A wide range of services, including sales, servicing, financing and insurance, improves customer retention. Strong focus on employee training helps maintain service quality and customer satisfaction. Consistent growth in sales and profitability indicates improving financial performance. Risks Business depends heavily on OEMs like Bajaj Auto and LG Electronics for products and brand value. High debt levels may limit financial flexibility and future growth. Past negative cash flows may impact operations and expansion plans. Dealership agreements impose restrictions that may limit business operations and expansion. Any negative impact on OEM brands can reduce demand and affect sales.