59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Ekennis Software Service Limited IPO Analysis

Ekennis Software Service IPO is a Fixed Price listing on BSE SME exchange. The company is based in Bangalore and caters to Information Technology - Data Solutions sector. Shreni Shares is the merchant banker of Ekennis Software Service IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th January 2022.

Ekennis Software Service IPO posted revenues of ₹ 4.00 crores and PAT of ₹ 0.76 crores in FY22 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 3.95 Cr.
            EBITDA: ₹ 1.17 Cr.
            PAT: ₹ 0.76 Cr.
  • EBITDA Margin: 29.56 %
            Pat Margin: 19.34 %
  • Net Worth: ₹ 1.93 Cr.
  • Market Capitalisation: ₹ 10.08 Cr.
  • P/E: 11.40 times
  • P/BV: 2.10 times
  • EV/EBITDA: 7.99 times
Nature of IPO : SME
Exchange : BSE SME
IPO Type : Fixed Price

Ekennis Software IPO Financial Performance (Restated)

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

Amount in ₹ crores
Financials Jan-22 FY21 FY20
Balance Sheet
Assets 3.01 2.62 1.64
Net Worth 1.93 1.23 0.28
Total Debt 0.04 0.13 0.37
Profit & Loss
Revenue
Revenue on annualised basis
3.62
3.95
4.69 4.86
EBITDA
EBITDA on annualised basis
1.07
1.17
1.36 0.33
PAT
PAT on annualised basis
0.70
0.76
0.95 0.23
Financials
15-Jan-22
FY21
FY20
Balance Sheet
Assets
3.01
2.62
1.64

Net Worth
1.93
1.23
0.28

Total Debt
0.04
0.13
0.37

Profit & Loss
Revenue
Revenue on annualised basis
3.62
3.95
4.69
4.86

EBITDA
EBITDA on annualised basis
1.07
1.17
1.36
0.33

PAT
PAT on annualised basis
0.70
0.76
0.95
0.23

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.

Ekennis Software IPO Key performance Indicators (KPI)

Ekennis Software Service IPO PAT Margin is 19.34 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Ekennis Software Service IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars Jan-22 FY21 FY20
EBITDA Margin (%) 29.56 29.00 6.79
PAT Margin (%) 19.34 20.26 4.73
EPS (₹) 140.41 189.93 45.19
ROE (%) 36.27 77.24 82.14
ROCE (%) [●] [●] [●]
ROA (%) 23.26 36.26 14.02
Debt to Equity 0.02 0.11 1.32
Particulars
15-Jan-22
FY21
FY20

EBITDA Margin (%)
29.56
29.00
6.79

PAT Margin (%)
19.34
20.26
4.73

EPS (₹)
140.41
189.93
45.19

ROE (%)
36.27
77.24
82.14

ROCE (%)
[●]
[●]
[●]

ROA (%)
23.26
36.26
14.02

Debt to Equity (x)  
0.02
0.11
1.32

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.

Ekennis Software Service IPO Valuation Metrics

The market Capitalisation of Ekennis Software Service IPO is ₹ 10.08 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.):
10.08

Enterprise Value (EV) (₹ Cr.):
9.33

EV/EBITDA (times) :
7.99

PE Multiple (times) :
11.40

P/B (times) :
2.10

NAV (₹) :
385.43

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 Ekennis Software prospectus?

The Ekennis Software Service 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 Ekennis Software IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Ekennis Software Service 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 Ekennis Software IPO ?

The post-IPO market capitalisation of Ekennis Software Service IPO is ₹ 10.08 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 Ekennis Software IPO?

The Ekennis Software Service IPO has a Price-to-Earnings (PE) ratio of 11.40 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 Ekennis Software Service IPO?

Ekennis Software Service IPO reported revenue of ₹ 4.00 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Ekennis Software Service IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Ekennis Software Service IPO?

Ekennis Software Service recorded an EBITDA of ₹ 1.17 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Ekennis Software Service IPO?

Ekennis Software Service Profit After Tax (PAT) is ₹ 0.76 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: ₹ 3.95 Cr.
            EBITDA: ₹ 1.17 Cr.
            PAT: ₹ 0.76 Cr.
  • EBITDA Margin: 29.56 %
            Pat Margin: 19.34 %
  • Net Worth: ₹ 1.93 Cr.
  • Market Capitalisation: ₹ 10.08 Cr.
  • P/E: 11.40 times
  • P/BV: 2.10 times
  • EV/EBITDA: 7.99 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Ekennis Software Service operates in Information Technology - Data Solutions and Product Dev And Software Solutions. The Issue is listed on BSE SME in Mar, 2022. Ekennis Software Service IPO size was 2.88 with Issue price of 72.00 .

Ekennis Software Service IPO subscription was 28.00 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.

Ekennis Software Service IPO listed at a listing price of 84.00 against the offer price of 72.00.

The current market price of Ekennis Software Service is 55.80.

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