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

Teerth Gopicon Limited IPO Analysis

Teerth Gopicon IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Engineering sector. Interactive Financial Services is the merchant banker of Teerth Gopicon IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 17th January 2024.

Teerth Gopicon IPO posted revenues of Rs 83.64 crores and PAT of Rs 9.41 crores in FY24 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 83.56 Cr.
            EBITDA: ₹ 14.50 Cr.
            PAT: ₹ 9.41 Cr.
  • EBITDA Margin: 17.35 %
            Pat Margin: 11.26%
  • Net Worth: ₹ 15.73 Cr.
  • Market Capitalisation: ₹ 133.20 Cr.
  • P/E: 14.16 times
  • P/BV: 2.22 times
  • EV/EBITDA: 9.75 times
Nature of IPO : SME
Exchange : NSE EMERGE
IPO Type : Fixed Price

Teerth Gopicon IPO Financial Performance (Restated)

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

Amount in ₹ crores
Financials
31-Jan-24
FY23
FY22
FY21
Balance Sheet
Assets
137.20
47.43
42.77
31.15

Net Worth
15.73
7.89
6.09
5.94

Total Debt
9.37
3.38
13.66
9.34

Profit & Loss
Revenue
Revenue on annualised basis
69.63
83.56
39.08
31.17
46.19

EBITDA
EBITDA on annualised basis
12.08
14.50
2.88
0.71
1.08

PAT
PAT on annualised basis
7.84
9.41
1.79
0.15
0.46

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.

Financial Charts

Teerth Gopicon IPO Key performance Indicators (KPI)

Teerth Gopicon IPO PAT Margin is 11.26%, ROCE (Return on Capital Employed) is 48.40% as per latest financial. The below table shows Teerth Gopicon IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars
31-Jan-24
FY23
FY22
FY21

EBITDA Margin (%)
17.35
7.37
2.28
2.34

PAT Margin (%)
11.26
4.58
0.48
1.00

EPS (Rs.)
9.80
2.24
0.19
0.58

ROE (%)
49.84
22.69
2.46
7.74

ROCE (%)
48.40
26.16
3.81
7.16

ROA (%)
5.71
3.77
0.35
1.48

Debt to Equity (x)  
0.60
0.43
2.24
1.57

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.

Teerth Gopicon IPO Valuation Metrics

The market Capitalisation of Teerth Gopicon IPO is Rs 133.20 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.):
133.20

Enterprice Value (EV) (Rs. Cr.):
141.28

EV/EBITDA (times) :
9.75

PE Multiple (times) :
14.16

P/B (times) :
2.22

NAV (Rs.) :
19.66

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.
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What are the key financial metrics in Teerth Gopicon prospectus?

The Teerth Gopicon 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 Teerth Gopicon IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Teerth Gopicon 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 Teerth Gopicon IPO ?

The post-IPO market capitalisation of Teerth Gopicon IPO is ₹133.20 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 Teerth Gopicon IPO?

The Teerth Gopicon IPO has a Price-to-Earnings (PE) ratio of 14.16 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 Teerth Gopicon IPO?

Teerth Gopicon IPO reported revenue of ₹83.64 Cr in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Teerth Gopicon IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Teerth Gopicon IPO?

Teerth Gopicon recorded an EBITDA of ₹ 14.50 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Teerth Gopicon IPO?

Teerth Gopicon Profit After Tax (PAT) is ₹9.41 Cr, reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

Peer Companies Of This Sector

FAQs

Teerth Gopicon operates in Engineering and Civil Engineering. The Issue is listed on NSE EMERGE in Apr, 2024. Teerth Gopicon IPO size was 44.40 with Issue price of 111.00 .

Teerth Gopicon IPO subscription was 75.54 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.

Teerth Gopicon IPO listed at a listing price of 131.25 against the offer price of 111.00.

The current market price of Teerth Gopicon is 361.90.

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