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Associated Power Structures IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ [●] Cr. The company is based in Vadodara and caters to Engineering - EPC sector. Indorient Financial Services , IIFL Securities are the merchant bankers of Associated Power Structures IPO. It is a MainBoard Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 27th September 2025.
Associated Power Structures IPO posted revenues of ₹ 1,261.91 Cr. and PAT of ₹ 63.29 Cr. in FY25 on annualised basis.
Revenue:
₹ 1,261.91 Cr.
EBITDA Margin:
9.35
% 
Net Worth: ₹ 339.53 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA: 1.14 times
Financial results of Associated Power Structures IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | FY25 | FY24 | FY23 | ||
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 834.15 | 569.35 | 473.72 | ||
| Net Worth | 339.53 | 272.77 | 250.37 | ||
| Total Debt | 198.89 | 122.96 | 80.53 | ||
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
1261.91 | 619.76 | 416.80 | ||
EBITDA
EBITDA on annualised basis |
117.97 | 43.96 | 33.18 | ||
PAT
PAT on annualised basis |
63.29 | 14.47 | 5.27 | ||
Associated Power Structures IPO PAT Margin is 5.02 % , ROCE (Return on Capital Employed) is 22.20 % as per latest financial. The below table shows Associated Power Structures IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | FY25 | FY24 | FY23 |
|---|---|---|---|
| EBITDA Margin (%) | 9.35 | 7.09 | 7.96 |
| PAT Margin (%) | 5.02 | 2.33 | 1.26 |
| EPS (₹) | 12.66 | 2.89 | 1.05 |
| ROE (%) | 18.64 | 5.30 | 2.10 |
| ROCE (%) | 22.20 | 11.17 | 10.33 |
| ROA (%) | 7.59 | 2.54 | 1.11 |
| Debt to Equity | 0.59 | 0.45 | 0.32 |
The market Capitalisation of Associated Power Structures IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Associated Power Structures IPO prospectus highlights an Return on Equity (ROE) of 18.64 % , Return on Assets (ROA) of 7.59 %, and an EBITDA Margin of 9.35 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Associated Power Structures IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Associated Power Structures IPO is ₹ [●] 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.
The Associated Power Structures IPO has a Price-to-Earnings (PE) ratio of [●], indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Associated Power Structures IPO reported revenue of ₹ 1261.91 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Associated Power Structures IPO provide insights into sales growth, market demand, and business scalability.
Associated Power Structures recorded an EBITDA of ₹ 117.97 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Associated Power Structures Profit After Tax (PAT) is ₹ 63.29 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 1,261.91 Cr.
EBITDA Margin:
9.35
%
Net Worth: ₹ 339.53 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA:
[●]
Associated Power Structures operates in Engineering - EPC and Integrated Manufacturing And EPC Enterprise. The Issue is listed on BSE,NSE in Oct, 2025. Associated Power Structures IPO size was with Issue price of .
Merchant Banker(s) of Associated Power Structures IPO: Indorient Financial Services Limited , IIFL Securities Limited
Associated Power Structures IPO subscription was 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.
Associated Power Structures IPO listed at a listing price of against the offer price of .
The current market price of Associated Power Structures is .
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