We're shocked: Sawhney as Sawhney Auto's ₹12 crore IPO raises ₹4,800 crore

Motorbike dealer Rahul Sawhney said, "We're shocked, we never expected this," after his company Sawhney Automobile, registered under Resourceful Automobile, received bids worth ₹4,800 crore for its ₹12 crore IPO. "I was very nervous before the IPO. I'm even more nervous now," he added. Sawhney Automobile runs just two Yamaha bike dealerships in Delhi.

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