IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
HRS Aluglaze IPO is a Book Building listing on BSE SME exchange, with an ipo size of ₹ [●] Cr. The company is based in Ahmedabad and caters to Aluminium sector. Cumulative Capital is the merchant banker of HRS Aluglaze IPO. It is a SME Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 11th September 2025.
HRS Aluglaze IPO posted revenues of ₹ 42.11 Cr. and PAT of ₹ 5.15 Cr. in FY25 on annualised basis.
Revenue:
₹ 42.11 Cr.
EBITDA Margin:
25.41
% 
Net Worth: ₹ 20.11 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA: 3.60 times
Financial results of HRS Aluglaze IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | FY25 | FY24 | FY23 | ||
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 80.60 | 42.43 | 34.09 | ||
| Net Worth | 20.11 | 9.96 | 8.17 | ||
| Total Debt | 38.66 | 24.36 | 17.91 | ||
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
42.11 | 26.69 | 22.56 | ||
EBITDA
EBITDA on annualised basis |
10.70 | 3.53 | 1.75 | ||
PAT
PAT on annualised basis |
5.15 | 1.79 | 0.87 | ||
HRS Aluglaze IPO PAT Margin is 12.23 % , ROCE (Return on Capital Employed) is 15.97 % as per latest financial. The below table shows HRS Aluglaze IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | FY25 | FY24 | FY23 |
|---|---|---|---|
| EBITDA Margin (%) | 25.41 | 13.23 | 7.76 |
| PAT Margin (%) | 12.23 | 6.71 | 3.86 |
| EPS (₹) | 3.76 | 1.31 | 1.81 |
| ROE (%) | 25.61 | 17.97 | 10.65 |
| ROCE (%) | 15.97 | 10.58 | 6.88 |
| ROA (%) | 6.39 | 4.22 | 2.55 |
| Debt to Equity | 1.92 | 2.45 | 2.19 |
The market Capitalisation of HRS Aluglaze IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The HRS Aluglaze IPO prospectus highlights an Return on Equity (ROE) of 25.61 % , Return on Assets (ROA) of 6.39 %, and an EBITDA Margin of 25.41 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows HRS Aluglaze 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 HRS Aluglaze 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 HRS Aluglaze 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.
HRS Aluglaze IPO reported revenue of ₹ 42.11 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from HRS Aluglaze IPO provide insights into sales growth, market demand, and business scalability.
HRS Aluglaze recorded an EBITDA of ₹ 10.70 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
HRS Aluglaze Profit After Tax (PAT) is ₹ 5.15 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 42.11 Cr.
EBITDA Margin:
25.41
%
Net Worth: ₹ 20.11 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA:
[●]
HRS Aluglaze operates in Aluminium and Designing, Manufacturing, And Installing A Wide Range Of Aluminium Products. The Issue is listed on BSE SME in Oct, 2025. HRS Aluglaze IPO size was with Issue price of .
Merchant Banker(s) of HRS Aluglaze IPO: Cumulative Capital Private Limited
HRS Aluglaze 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.
HRS Aluglaze IPO listed at a listing price of against the offer price of .
The current market price of HRS Aluglaze is .
Why Us?
