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Riddhi Corporate Services IPO is a Fixed Price listing on BSE SME exchange, with an ipo size of ₹ 12.35 Cr. The company is based in Ahmedabad and caters to Telecom sector. Gretex Corporate Services is the merchant banker of Riddhi Corporate Services IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th May 2017.
Riddhi Corporate Services IPO posted revenues of ₹ 59.40 Cr. and PAT of ₹ 2.56 Cr. in FY17 on annualised basis.
Revenue:
₹ 59.40 Cr.
EBITDA Margin:
8.35
% 
Net Worth: ₹ 9.83 Cr.
Market Capitalisation:
[●]
P/E:
16.00 times
P/BV: [●]
EV/EBITDA: -1.48 times
Financial results of Riddhi Corporate Services IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Dec-16 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 28.07 | 21.89 | 19.31 | 14.10 | |
| Net Worth | 9.83 | 7.91 | 4.79 | 2.06 | |
| Total Debt | 1.59 | 1.66 | 1.35 | 1.57 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
44.55
59.40 |
41.80 | 27.12 | 22.99 | |
EBITDA
EBITDA on annualised basis |
3.72
4.96 |
5.60 | 4.13 | 2.80 | |
PAT
PAT on annualised basis |
1.92
2.56 |
3.12 | 2.73 | 0.90 | |
Riddhi Corporate Services IPO PAT Margin is 4.31 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Riddhi Corporate Services IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Dec-16 | FY16 | FY15 | FY14 |
|---|---|---|---|---|
| EBITDA Margin (%) | 8.35 | 13.40 | 15.23 | 12.18 |
| PAT Margin (%) | 4.31 | 7.46 | 10.07 | 3.91 |
| EPS (₹) | 11.14 | 13.56 | 11.88 | 3.93 |
| ROE (%) | 19.53 | 39.44 | 56.99 | 43.69 |
| ROCE (%) | [●] | [●] | [●] | [●] |
| ROA (%) | 6.84 | 14.25 | 14.14 | 6.38 |
| Debt to Equity | 0.16 | 0.21 | 0.28 | 0.76 |
The market Capitalisation of Riddhi Corporate Services IPO is ₹ 0.00 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Riddhi Corporate Services IPO prospectus highlights an Return on Equity (ROE) of 19.53 % , Return on Assets (ROA) of 6.84 %, and an EBITDA Margin of 8.35 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Riddhi Corporate Services 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 Riddhi Corporate Services IPO is ₹ 0.00 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 Riddhi Corporate Services IPO has a Price-to-Earnings (PE) ratio of 16.00 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.
Riddhi Corporate Services IPO reported revenue of ₹ 60.03 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Riddhi Corporate Services IPO provide insights into sales growth, market demand, and business scalability.
Riddhi Corporate Services recorded an EBITDA of ₹ 4.96 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Riddhi Corporate Services Profit After Tax (PAT) is ₹ 2.56 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 59.40 Cr.
EBITDA Margin:
8.35
%
Net Worth: ₹ 9.83 Cr.
Market Capitalisation:
[●]
P/E:
16.00 times
P/BV: [●]
EV/EBITDA:
[●]
Riddhi Corporate Services operates in Telecom and Business Activities By Rendering Services To Telecommunication Service Providers. The Issue is listed on BSE SME in Jun, 2017. Riddhi Corporate Services IPO size was 12.35 with Issue price of 130.00 .
Merchant Banker(s) of Riddhi Corporate Services IPO: Gretex Corporate Services Limited
Riddhi Corporate Services IPO subscription was 0.00 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.
Riddhi Corporate Services IPO listed at a listing price of 134.50 against the offer price of 130.00.
The current market price of Riddhi Corporate Services is 62.82.
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