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

ITCONS E-Solutions Limited IPO Analysis

ITCONS E-Solutions IPO is a book build IPO listing on BSE SME exchange. The company is based in New Delhi and caters to Human Resources And Manpower sector. Finshore Management Services is the merchant banker of ITCONS E-Solutions IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 3rd January 2023.

ITCONS E-Solutions IPO posted revenues of Rs 32.10 crores and PAT of Rs 2.12 crores in FY23 on annualised basis.

Nature of IPO : SME
Exchange : BSE SME
IPO Type : Fixed Price

ITCONS E-Solutions IPO Financial Performance (Restated)

Financial results of ITCONS E-Solutions IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials
30-Sep-22
FY22
FY21
FY20
Balance Sheet
Assets
7.92
4.70
3.41
3.51

Net Worth
4.62
2.23
1.04
0.96

Total Debt
1.76
1.06
1.36
1.45

Profit & Loss
Revenue
Revenue on annualised basis
16.05
32.10
18.05
8.32
8.34

EBITDA
EBITDA on annualised basis
1.59
3.18
1.79
0.23
0.38

PAT
PAT on annualised basis
1.06
2.12
1.19
0.07
0.10

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.

ITCONS E-Solutions IPO Key performance Indicators (KPI)

ITCONS E-Solutions IPO PAT Margin is 6.60%, ROCE (Return on Capital Employed) is 34.06% as per latest financial. The below table shows ITCONS E-Solutions IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars
30-Sep-22
FY22
FY21
FY20

EBITDA Margin (%)
9.91
9.92
2.76
4.56

PAT Margin (%)
6.60
6.59
0.84
1.20

EPS (Rs.)
3.35
10.48
0.66
0.93

ROE (%)
22.94
53.36
6.73
10.42

ROCE (%)
34.06
45.98
44.12
13.86

ROA (%)
13.38
25.32
2.05
2.85

Debt to Equity (x)  
0.38
0.48
1.31
1.51

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.

ITCONS E-Solutions IPO Valuation Metrics

The market Capitalisation of ITCONS E-Solutions IPO is Rs 25.65 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.):
25.65

Enterprice Value (EV) (Rs. Cr.):
27.22

EV/EBITDA (times) :
8.56

PE Multiple (times) :
12.09

P/B (times) :
1.93

NAV (Rs.) :
13.89

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 ITCONS E-Solutions prospectus?

The ITCONS E-Solutions 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 ITCONS E-Solutions IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows ITCONS E-Solutions 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 ITCONS E-Solutions IPO ?

The post-IPO market capitalisation of ITCONS E-Solutions IPO is ₹25.65 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 ITCONS E-Solutions IPO?

The ITCONS E-Solutions IPO has a Price-to-Earnings (PE) ratio of 12.09 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 ITCONS E-Solutions IPO?

ITCONS E-Solutions IPO reported revenue of ₹32.10 Cr in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from ITCONS E-Solutions IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of ITCONS E-Solutions IPO?

ITCONS E-Solutions recorded an EBITDA of ₹ 3.18 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of ITCONS E-Solutions IPO?

ITCONS E-Solutions Profit After Tax (PAT) is ₹2.12 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: ₹ 32.10 Cr.
            EBITDA: ₹ 3.18 Cr.
            PAT: ₹ 2.12 Cr.
  • EBITDA Margin: 9.91 %
            Pat Margin: 6.60%
  • Net Worth: ₹ 4.62 Cr.
  • Market Capitalisation: ₹ 25.65 Cr.
  • P/E: 12.09 times
  • P/BV: 1.93 times
  • EV/EBITDA: 8.56 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

ITCONS E-Solutions operates in Human Resources And Manpower and Provides Human Resource Services. The Issue is listed on BSE SME in Mar, 2023. ITCONS E-Solutions IPO size was 8.67 with Issue price of 51.00 .

ITCONS E-Solutions IPO subscription was 16.79 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.

ITCONS E-Solutions IPO listed at a listing price of 46.99 against the offer price of 51.00.

The current market price of ITCONS E-Solutions is 535.60.

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