RattanIndia's Revolt Motors closes new bookings in less than 2 hours

RattanIndia-Revolt, India's next gen-mobility company got an electrifying response on the reopening of bookings of RV400 earlier today. The demand for their flagship model went over the roof, leading to Revolt shutting down their bookings in less than 2 hours of them going live on their website www.revoltmotors.com. The brand sold Rs. 50 crores worth of their flagship model RV400 in today's flash sale.

There has always been a huge demand for RV400, and today's response from buyers from the six operational cities including Delhi, Mumbai, Pune, Chennai, Ahmedabad and Hyderabad, who had been waiting eagerly to book their Revolt motorcycle was no different. The deliveries of the booked motorcycles will start from September 2021. In addition to this, seeing the demand for its product in the Indian market, the company will also reopen the bookings of the RV400 soon. All interested users who missed booking their RV400 this time, can register for the upcoming bookings by clicking on the "Notify Me" button on Revolt's website.

With reduction in the price of electric motorcycle after FAME II incentive revision and the Delhi government incentive on electric vehicles, the bike is currently priced at less than INR 1 lakh in the national capital. Revolt motorcycles have been an instant hit with the customers. Revolters across the cities have clocked over 2,00,00,000 kilometres so far. Revolt is also looking to expand the distributor and service network across 35 cities in India.

Shares of RattanIndia Enterprises Limited was last trading in BSE at Rs.30.2 as compared to the previous close of Rs. 28.9. The total number of shares traded during the day was 1343843 in over 2877 trades.

The stock hit an intraday high of Rs. 30.3 and intraday low of 27.5. The net turnover during the day was Rs. 39130309.

Source : Equity Bulls

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