Delhi-based Sawhney Automobile (registered under Resourceful Automobile), which received bids worth ₹4,800 crore for its ₹12 crore SME IPO, said, "We're not suddenly loaded with cash." The company's Chief Accountant Sam Patel said, "What we suddenly have is a lot of paperwork." Company's owner Rahul Sawhney on the IPO's 400x subscription said, "We're also shocked — we never expected this."