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Dove Soft IPO is a Book Building listing on BSE SME exchange. The company is based in Mumbai and caters to Information Technology - SaaS sector. Unistone Capital , Grow House Wealth Management are the merchant bankers of Dove Soft IPO. It is a SME Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th April 2025.
Dove Soft IPO posted revenues of ₹ 179.72 crores and PAT of ₹ 16.08 crores in FY25 on annualised basis.
Revenue:
₹ 179.72 Cr.
EBITDA Margin:
12.72
% 
Net Worth: ₹ 61.76 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA: [●]
Financial results of Dove Soft IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Dec-24 | FY24 | FY23 | FY22 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 137.94 | 87.32 | 47.71 | 24.35 | |
| Net Worth | 61.76 | 32.62 | 22.17 | 10.11 | |
| Total Debt | 11.94 | 3.34 | 3.82 | 3.44 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
134.79
179.72 |
119.72 | 75.59 | 35.58 | |
EBITDA
EBITDA on annualised basis |
17.14
22.85 |
14.76 | 7.78 | 2.14 | |
PAT
PAT on annualised basis |
12.06
16.08 |
10.45 | 4.47 | 2.49 | |
Dove Soft IPO PAT Margin is 8.95 % , ROCE (Return on Capital Employed) is 24.73 % as per latest financial. The below table shows Dove Soft IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Dec-24 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| EBITDA Margin (%) | 12.72 | 12.33 | 10.29 | 6.01 |
| PAT Margin (%) | 8.95 | 8.73 | 5.91 | 7.00 |
| EPS (₹) | 6.53 | 5.70 | 3.08 | 2.39 |
| ROE (%) | 19.53 | 32.04 | 20.16 | 24.63 |
| ROCE (%) | 24.73 | 41.77 | 30.71 | 35.85 |
| ROA (%) | 8.74 | 11.97 | 9.37 | 10.23 |
| Debt to Equity | 0.19 | 0.10 | 0.17 | 0.34 |
The market Capitalisation of Dove Soft IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Dove Soft 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.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Dove Soft 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 Dove Soft 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 Dove Soft 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.
Dove Soft IPO reported revenue of ₹ 179.72 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Dove Soft IPO provide insights into sales growth, market demand, and business scalability.
Dove Soft recorded an EBITDA of ₹ 22.85 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Dove Soft Profit After Tax (PAT) is ₹ 16.08 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 179.72 Cr.
EBITDA Margin:
12.72
%
Net Worth: ₹ 61.76 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA: [●]
Dove Soft operates in Information Technology - SaaS and Integrated Cloud-communication Solutions. The Issue is listed on BSE SME in May, 2025. Dove Soft IPO size was with Issue price of .
Merchant Banker(s) of Dove Soft IPO: Unistone Capital Private Limited , Grow House Wealth Management Private Limited
Dove Soft 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.
Dove Soft IPO listed at a listing price of against the offer price of .
The current market price of Dove Soft is .
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