64  Total SME IPOs listed in 2025

2,716.42 Crs.  Total funds raised in 2025

43  SME IPOs listed with Gain in 2025

21  SME IPOs listed with loss in 2025

64  Total SME IPOs listed in 2025

2716.42 Crs.  Total funds raised in 2025

43  SME IPOs listed with Gain in 2025

21  SME IPOs listed with loss in 2025

64  Total SME IPOs listed in 2025

2716.42 Crs.  Total funds raised in 2025

43  SME IPOs listed with Gain in 2025

21  SME IPOs listed with loss in 2025

64  Total SME IPOs listed in 2025

2716.42 Crs.  Total funds raised in 2025

43  SME IPOs listed with Gain in 2025

21  SME IPOs listed with loss in 2025

Ajay Poly Limited IPO Analysis

Ajay Poly IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ [●] Cr. The company is based in New Delhi and caters to Electric Equipments sector. Motilal Oswal Investment Advisors , SBI Capital Markets are the merchant bankers of Ajay Poly IPO. It is a MainBoard Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th December 2024.

Ajay Poly IPO posted revenues of ₹ 522.80 crores and PAT of ₹ 48.80 crores in FY25 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 520.52 Cr.
            EBITDA: ₹ 90.64 Cr.
            PAT: ₹ 48.64 Cr.
  • EBITDA Margin: 17.41 %
            Pat Margin: 9.34 %
  • Net Worth: ₹ 105.50 Cr.
  • Market Capitalisation: [●]
  • P/E: [●]
  • P/BV: [●]
  • EV/EBITDA: [●]
Nature of IPO : MainBoard Upcoming
Exchange : BSE,NSE
IPO Type : Book Building

Ajay Poly IPO Financial Performance (Restated)

Financial results of Ajay Poly IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials Jun-24 FY24 FY23 FY22
Balance Sheet
Assets 329.01 297.46 202.33 129.07
Net Worth 105.50 93.27 70.52 54.28
Total Debt 129.13 119.15 82.50 44.82
Profit & Loss
Revenue
Revenue on annualised basis
130.13
520.52
364.42 240.49 141.68
EBITDA
EBITDA on annualised basis
22.66
90.64
48.75 21.35 10.62
PAT
PAT on annualised basis
12.16
48.64
22.53 12.99 3.64
Financials
30-Jun-24
FY24
FY23
FY22
Balance Sheet
Assets
329.01
297.46
202.33
129.07

Net Worth
105.50
93.27
70.52
54.28

Total Debt
129.13
119.15
82.50
44.82

Profit & Loss
Revenue
Revenue on annualised basis
130.13
520.52
364.42
240.49
141.68

EBITDA
EBITDA on annualised basis
22.66
90.64
48.75
21.35
10.62

PAT
PAT on annualised basis
12.16
48.64
22.53
12.99
3.64

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.

Ajay Poly IPO Key performance Indicators (KPI)

Ajay Poly IPO PAT Margin is 9.34 % , ROCE (Return on Capital Employed) is 8.92 % as per latest financial. The below table shows Ajay Poly IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars Jun-24 FY24 FY23 FY22
EBITDA Margin (%) 17.41 13.38 8.88 7.50
PAT Margin (%) 9.34 6.18 5.40 2.57
EPS (₹) 1.20 2.19 1.32 0.35
ROE (%) 11.53 24.16 18.42 6.71
ROCE (%) 8.92 22.37 13.70 7.63
ROA (%) 3.70 7.57 6.42 2.82
Debt to Equity 1.22 1.28 1.17 0.83
Particulars
30-Jun-24
FY24
FY23
FY22

EBITDA Margin (%)
17.41
13.38
8.88
7.50

PAT Margin (%)
9.34
6.18
5.40
2.57

EPS (₹)
1.20
2.19
1.32
0.35

ROE (%)
11.53
24.16
18.42
6.71

ROCE (%)
8.92
22.37
13.70
7.63

ROA (%)
3.70
7.57
6.42
2.82

Debt to Equity (x)  
1.22
1.28
1.17
0.83

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.

Ajay Poly IPO Valuation Metrics

The market Capitalisation of Ajay Poly IPO is ₹ [●] 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 (₹ Cr.):
[●]

Enterprise Value (EV) (₹ Cr.):
[●]

EV/EBITDA (times) :
[●]

PE Multiple (times) :
[●]

P/B (times) :
[●]

NAV (₹) :
10.29

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 Ajay Poly prospectus?

The Ajay Poly 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 Ajay Poly IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Ajay Poly 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 Ajay Poly IPO ?

The post-IPO market capitalisation of Ajay Poly 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.

What is the PE Multiple of Ajay Poly IPO?

The Ajay Poly 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.

What is the Revenue of Ajay Poly IPO?

Ajay Poly IPO reported revenue of ₹ 522.80 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Ajay Poly IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Ajay Poly IPO?

Ajay Poly recorded an EBITDA of ₹ 90.64 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Ajay Poly IPO?

Ajay Poly Profit After Tax (PAT) is ₹ 48.64 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: ₹ 520.52 Cr.
            EBITDA: ₹ 90.64 Cr.
            PAT: ₹ 48.64 Cr.
  • EBITDA Margin: 17.41 %
            Pat Margin: 9.34 %
  • Net Worth: ₹ 105.50 Cr.
  • Market Capitalisation: [●]
  • P/E: [●]
  • P/BV: [●]
  • EV/EBITDA: [●]

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Ajay Poly operates in Electric Equipments and . The Issue is listed on BSE,NSE in May, 2025. Ajay Poly IPO size was with Issue price of .

Merchant Banker(s) of Ajay Poly IPO: Motilal Oswal Investment Advisors Limited , SBI Capital Markets Limited

Ajay Poly 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.

Ajay Poly IPO listed at a listing price of against the offer price of .

The current market price of Ajay Poly is .

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