58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Goyal Salt limited IPO Analysis

Goyal Salt limited IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Jaipur and caters to Chemical - Salt sector. Holani Consultants Private is the merchant banker of Goyal Salt limited IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 31st July 2023.

Goyal Salt limited IPO posted revenues of Rs 117.71 crores and PAT of Rs 3.54 crores in FY25 on annualised basis.

Nature of IPO : SME
Exchange : NSE EMERGE
IPO Type : Book Building

Goyal Salt IPO Financial Performance (Restated)

Financial results of Goyal Salt limited IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials
FY23
FY22
FY21
Balance Sheet
Assets
30.01
27.33
27.46

Net Worth
16.18
11.69
11.22

Total Debt
9.20
10.59
12.97

Profit & Loss
Revenue
Revenue on annualised basis
117.64
117.64
66.11
60.05

EBITDA
EBITDA on annualised basis
6.79
6.79
2.98
2.89

PAT
PAT on annualised basis
3.53
3.53
0.62
0.68

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Goyal Salt IPO Key performance Indicators (KPI)

Goyal Salt limited IPO PAT Margin is 3.00%, ROCE (Return on Capital Employed) is 36.22% as per latest financial. The below table shows Goyal Salt limited IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars
FY23
FY22
FY21

EBITDA Margin (%)
5.77
4.51
4.81

PAT Margin (%)
3.00
0.94
1.13

EPS (Rs.)
2.72
0.48
0.52

ROE (%)
21.82
5.30
6.06

ROCE (%)
36.22
15.78
16.44

ROA (%)
11.76
2.27
2.48

Debt to Equity (x)  
0.57
0.91
1.16

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Goyal Salt limited IPO Valuation Metrics

The market Capitalisation of Goyal Salt limited IPO is Rs 68.02 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (Rs. Cr.):
68.02

Enterprice Value (EV) (Rs. Cr.):
77.01

EV/EBITDA (times) :
11.34

PE Multiple (times) :
19.19

P/B (times) :
1.95

NAV (Rs.) :
14.94

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in Goyal Salt prospectus?

The Goyal Salt limited IPO prospectus highlights an Return on Equity (ROE) of 15%, Return on Assets (ROA) of 12%, and an EBITDA Margin of 18%, showcasing financial performance.

How do profitability ratios impact the evaluation of Goyal Salt IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Goyal Salt limited IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Goyal Salt IPO ?

The post-IPO market capitalisation of Goyal Salt limited IPO is ₹68.02 Cr, based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Goyal Salt IPO?

The Goyal Salt limitedIPO has a Price-to-Earnings (PE) ratio of 19.19 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Goyal Salt limited IPO?

Goyal Salt limited IPO reported revenue of ₹117.71 Cr in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Goyal Salt limited IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Goyal Salt limited IPO?

Goyal Salt limited recorded an EBITDA of ₹ 6.79 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Goyal Salt limited IPO?

Goyal Salt limited Profit After Tax (PAT) is ₹3.53 Cr, reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 117.64 Cr.
            EBITDA: ₹ 6.79 Cr.
            PAT: ₹ 3.53 Cr.
  • EBITDA Margin: 5.77 %
            Pat Margin: 3.00%
  • Net Worth: ₹ 16.18 Cr.
  • Market Capitalisation: ₹ 68.02 Cr.
  • P/E: 19.19 times
  • P/BV: 1.95 times
  • EV/EBITDA: 11.34 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Goyal Salt limited operates in Chemical - Salt and Refining Of Raw Salts. The Issue is listed on NSE EMERGE in Oct, 2023. Goyal Salt limited IPO size was 18.63 with Issue price of 38.00 .

Goyal Salt limited IPO subscription was 294.61 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Goyal Salt limited IPO listed at a listing price of 136.10 against the offer price of 38.00.

The current market price of Goyal Salt limited is 195.15.

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