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

Gretex Corporate Services Limited IPO Analysis

Gretex Corporate Services IPO is a Fixed Price listing on BSE SME exchange, with an ipo size of ₹ 5.13 Cr. The company is based in Mumbai and caters to Banking And Finance sector. Aryaman Financial Services is the merchant banker of Gretex Corporate Services IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th June 2021.

Gretex Corporate Services IPO posted revenues of ₹ 3.25 crores and PAT of ₹ 0.71 crores in FY00 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 2.98 Cr.
            EBITDA: ₹ 1.19 Cr.
            PAT: ₹ 0.61 Cr.
  • EBITDA Margin: 39.93 %
            Pat Margin: 20.47 %
  • Net Worth: ₹ 6.26 Cr.
  • Market Capitalisation: ₹ 19.38 Cr.
  • P/E: 27.29 times
  • P/BV: 1.70 times
  • EV/EBITDA: 17.94 times
Nature of IPO : SME
Exchange : BSE SME
IPO Type : Fixed Price

Gretex Corporate IPO Financial Performance (Restated)

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

Amount in ₹ crores
Financials FY21 FY20 FY19
Balance Sheet
Assets 10.11 8.38 9.46
Net Worth 6.26 3.73 5.34
Total Debt 2.26 3.63 2.49
Profit & Loss
Revenue
Revenue on annualised basis
2.98 1.14 3.14
EBITDA
EBITDA on annualised basis
1.19 -0.68 0.69
PAT
PAT on annualised basis
0.61 -1.60 0.25
Financials
FY21
FY20
FY19
Balance Sheet
Assets
10.11
8.38
9.46

Net Worth
6.26
3.73
5.34

Total Debt
2.26
3.63
2.49

Profit & Loss
Revenue
Revenue on annualised basis
2.98
2.98
1.14
3.14

EBITDA
EBITDA on annualised basis
1.19
1.19
-0.68
0.69

PAT
PAT on annualised basis
0.61
0.61
-1.60
0.25

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.

Gretex Corporate IPO Key performance Indicators (KPI)

Gretex Corporate Services IPO PAT Margin is 20.47 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Gretex Corporate Services IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars FY21 FY20 FY19
EBITDA Margin (%) 39.93 -59.65 21.97
PAT Margin (%) 20.47 -140.35 7.96
EPS (₹) 7.44 -0.24 3.84
ROE (%) 9.74 -42.90 4.68
ROCE (%) [●] [●] [●]
ROA (%) 6.03 -19.09 2.64
Debt to Equity 0.36 0.97 0.47
Particulars
FY21
FY20
FY19

EBITDA Margin (%)
39.93
-59.65
21.97

PAT Margin (%)
20.47
-140.35
7.96

EPS (₹)
7.44
-0.24
3.84

ROE (%)
9.74
-42.90
4.68

ROCE (%)
[●]
[●]
[●]

ROA (%)
6.03
-19.09
2.64

Debt to Equity (x)  
0.36
0.97
0.47

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.

Gretex Corporate Services IPO Valuation Metrics

The market Capitalisation of Gretex Corporate Services IPO is ₹ 19.38 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.):
19.38

Enterprise Value (EV) (₹ Cr.):
21.35

EV/EBITDA (times) :
17.94

PE Multiple (times) :
27.29

P/B (times) :
1.70

NAV (₹) :
69.78

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 Gretex Corporate prospectus?

The Gretex Corporate Services 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 Gretex Corporate IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Gretex Corporate Services 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 Gretex Corporate IPO ?

The post-IPO market capitalisation of Gretex Corporate Services IPO is ₹ 19.38 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 Gretex Corporate IPO?

The Gretex Corporate Services IPO has a Price-to-Earnings (PE) ratio of 27.29 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 Gretex Corporate Services IPO?

Gretex Corporate Services IPO reported revenue of ₹ 3.25 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Gretex Corporate Services IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Gretex Corporate Services IPO?

Gretex Corporate Services recorded an EBITDA of ₹ 1.19 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Gretex Corporate Services IPO?

Gretex Corporate Services Profit After Tax (PAT) is ₹ 0.61 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: ₹ 2.98 Cr.
            EBITDA: ₹ 1.19 Cr.
            PAT: ₹ 0.61 Cr.
  • EBITDA Margin: 39.93 %
            Pat Margin: 20.47 %
  • Net Worth: ₹ 6.26 Cr.
  • Market Capitalisation: ₹ 19.38 Cr.
  • P/E: 27.29 times
  • P/BV: 1.70 times
  • EV/EBITDA: 17.94 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Gretex Corporate Services operates in Banking And Finance and Provide Banking Finance Services. The Issue is listed on BSE SME in Aug, 2021. Gretex Corporate Services IPO size was 5.13 with Issue price of 170.00 .

Gretex Corporate Services IPO subscription was 7.27 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.

Gretex Corporate Services IPO listed at a listing price of 180.60 against the offer price of 170.00.

The current market price of Gretex Corporate Services is 288.45.

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