IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Peer Comparison Report
Performance
Performance Report
Akshar Spintex IPO is a Fixed Price listing on BSE SME exchange, with an ipo size of ₹ 26.99 Cr. The company is based in Jamnagar and caters to Textiles sector. Pantomath Capital Advisors is the merchant banker of Akshar Spintex IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 27th March 2018.
Akshar Spintex IPO posted revenues of ₹ 93.29 crores and PAT of ₹ 4.77 crores in FY18 on annualised basis.
Revenue:
₹ 93.29 Cr.
EBITDA Margin:
16.96
% 
Net Worth: ₹ 34.33 Cr.
Market Capitalisation:
[●]
P/E:
20.00 times
P/BV: [●]
EV/EBITDA: [●]
Financial results of Akshar Spintex IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Oct-17 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 91.97 | 82.18 | 74.87 | 70.29 | |
| Net Worth | 34.33 | 31.54 | 26.15 | 19.49 | |
| Total Debt | 35.49 | 36.18 | 38.34 | 41.39 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
54.42
93.29 |
86.78 | 58.41 | 15.19 | |
EBITDA
EBITDA on annualised basis |
9.23
15.82 |
12.56 | 9.42 | 2.51 | |
PAT
PAT on annualised basis |
2.78
4.77 |
5.38 | 2.66 | -0.51 | |
Akshar Spintex IPO PAT Margin is 5.11 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Akshar Spintex IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Oct-17 | FY17 | FY16 | FY15 |
|---|---|---|---|---|
| EBITDA Margin (%) | 16.96 | 14.47 | 16.13 | 16.52 |
| PAT Margin (%) | 5.11 | 6.20 | 4.55 | -3.36 |
| EPS (₹) | 1.16 | 2.24 | 1.17 | -0.44 |
| ROE (%) | 8.10 | 17.06 | 10.17 | -2.62 |
| ROCE (%) | [●] | [●] | [●] | [●] |
| ROA (%) | 3.02 | 6.55 | 3.55 | -0.73 |
| Debt to Equity | 1.03 | 1.15 | 1.47 | 2.12 |
The market Capitalisation of Akshar Spintex IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Akshar Spintex IPO prospectus highlights an Return on Equity (ROE) of 8.10 % , Return on Assets (ROA) of 3.02 %, and an EBITDA Margin of 16.96 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Akshar Spintex 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 Akshar Spintex 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 Akshar Spintex IPO has a Price-to-Earnings (PE) ratio of 20.00 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.
Akshar Spintex IPO reported revenue of ₹ 93.29 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Akshar Spintex IPO provide insights into sales growth, market demand, and business scalability.
Akshar Spintex recorded an EBITDA of ₹ 15.82 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Akshar Spintex Profit After Tax (PAT) is ₹ 4.77 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 93.29 Cr.
EBITDA Margin:
16.96
%
Net Worth: ₹ 34.33 Cr.
Market Capitalisation:
[●]
P/E:
20.00 times
P/BV: [●]
EV/EBITDA: [●]
Akshar Spintex operates in Textiles and Manufacturing Of Cotton Yarn. The Issue is listed on BSE SME in May, 2018. Akshar Spintex IPO size was 26.99 with Issue price of 40.00 .
Merchant Banker(s) of Akshar Spintex IPO: Pantomath Capital Advisors Private Limited
Akshar Spintex IPO subscription was 5.49 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.
Akshar Spintex IPO listed at a listing price of 38.00 against the offer price of 40.00.
The current market price of Akshar Spintex is 0.55.
Why Us?
