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Comrade Appliances IPO is a book build IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Electric Equipments sector. Gretex Corporate Services is the merchant banker of Comrade Appliances IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 27th February 2023.
Comrade Appliances IPO posted revenues of Rs 26.99 crores and PAT of Rs 1.64 crores in FY23 on annualised basis.Financial results of Comrade Appliances IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
Comrade Appliances IPO PAT Margin is 6.05%, ROCE (Return on Capital Employed) is 16.00% as per latest financial. The below table shows Comrade Appliances IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
The market Capitalisation of Comrade Appliances IPO is Rs 40.66 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Comrade Appliances 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.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Comrade Appliances 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 Comrade Appliances IPO is ₹40.66 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 Comrade Appliances IPO has a Price-to-Earnings (PE) ratio of 24.88 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.
Comrade Appliances IPO reported revenue of ₹26.99 Cr in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Comrade Appliances IPO provide insights into sales growth, market demand, and business scalability.
Comrade Appliances recorded an EBITDA of ₹ 4.49 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Comrade Appliances Profit After Tax (PAT) is ₹1.63 Cr, reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 26.96 Cr.
EBITDA Margin:
16.65
%
Net Worth: ₹ 6.89 Cr.
Market Capitalisation:
₹ 40.66 Cr.
P/E:
24.88 times
P/BV: 2.12 times
EV/EBITDA: 12.86 times
Comrade Appliances operates in Electric Equipments and Manufacturing An Extensive Array Of Air Coolers And Electric Geysers. The Issue is listed on BSE SME in Jun, 2023. Comrade Appliances IPO size was 12.30 with Issue price of 54.00 .
Merchant Banker(s) of Comrade Appliances IPO: Gretex Corporate Services Limited
Comrade Appliances IPO subscription was 77.25 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.
Comrade Appliances IPO listed at a listing price of 87.00 against the offer price of 54.00.
The current market price of Comrade Appliances is 105.00.
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