100  Total SME IPOs listed in 2025

4,441.26 Crs.  Total funds raised in 2025

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

100  Total SME IPOs listed in 2025

4,441.26 Crs.  Total funds raised in 2025

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

100  Total SME IPOs listed in 2025

4,441.26 Crs.  Total funds raised in 2025

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

100  Total SME IPOs listed in 2025

4441.26 Crs.  Total funds raised in 2,025.00

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

Nitiraj Engineers Limited IPO Analysis

Nitiraj Engineers IPO is a Fixed Price listing on NSE EMERGE exchange, with an ipo size of ₹ 22.01 Cr. The company is based in Mumbai and caters to Electric Equipments sector. Arihant Capital Markets is the merchant banker of Nitiraj Engineers IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th February 2017.

Nitiraj Engineers IPO posted revenues of ₹ 64.02 crores and PAT of ₹ 9.02 crores in FY17 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 31.94 Cr.
            EBITDA: ₹ 7.30 Cr.
            PAT: ₹ 4.51 Cr.
  • EBITDA Margin: 22.86 %
            Pat Margin: 14.12 %
  • Net Worth: ₹ 37.61 Cr.
  • Market Capitalisation: [●]
  • P/E: 9.00 times
  • P/BV: [●]
  • EV/EBITDA: 0.92 times
Nature of IPO : SME
Exchange : NSE EMERGE
IPO Type : Fixed Price

Nitiraj Engineers IPO Financial Performance (Restated)

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

Amount in ₹ crores
Financials Sep-16 FY16 FY15 FY14
Balance Sheet
Assets 50.33 49.08 37.05 32.69
Net Worth 37.61 33.47 28.05 23.87
Total Debt 7.18 2.02 0.24 0.24
Profit & Loss
Revenue
Revenue on annualised basis
31.94
31.94
56.39 43.51 41.01
EBITDA
EBITDA on annualised basis
7.30
7.30
8.72 6.49 5.83
PAT
PAT on annualised basis
4.51
4.51
5.50 4.18 3.89
Financials
30-Sep-16
FY16
FY15
FY14
Balance Sheet
Assets
50.33
49.08
37.05
32.69

Net Worth
37.61
33.47
28.05
23.87

Total Debt
7.18
2.02
0.24
0.24

Profit & Loss
Revenue
Revenue on annualised basis
31.94
31.94
56.39
43.51
41.01

EBITDA
EBITDA on annualised basis
7.30
7.30
8.72
6.49
5.83

PAT
PAT on annualised basis
4.51
4.51
5.50
4.18
3.89

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.

Nitiraj Engineers IPO Key performance Indicators (KPI)

Nitiraj Engineers IPO PAT Margin is 14.12 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Nitiraj Engineers IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars Sep-16 FY16 FY15 FY14
EBITDA Margin (%) 22.86 15.46 14.92 14.22
PAT Margin (%) 14.12 9.75 9.61 9.49
EPS (₹) 7.52 9.17 6.97 6.48
ROE (%) 11.99 16.43 14.90 16.30
ROCE (%) [●] [●] [●] [●]
ROA (%) 8.96 11.21 11.28 11.90
Debt to Equity 0.19 0.06 0.01 0.01
Particulars
30-Sep-16
FY16
FY15
FY14

EBITDA Margin (%)
22.86
15.46
14.92
14.22

PAT Margin (%)
14.12
9.75
9.61
9.49

EPS (₹)
7.52
9.17
6.97
6.48

ROE (%)
11.99
16.43
14.90
16.30

ROCE (%)
[●]
[●]
[●]
[●]

ROA (%)
8.96
11.21
11.28
11.90

Debt to Equity (x)  
0.19
0.06
0.01
0.01

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.

Nitiraj Engineers IPO Valuation Metrics

The market Capitalisation of Nitiraj Engineers IPO is ₹ 0.00 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) :
9.00

P/B (times) :
[●]

NAV (₹) :
55.00

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 Nitiraj Engineers prospectus?

The Nitiraj Engineers IPO prospectus highlights an Return on Equity (ROE) of 11.99 % , Return on Assets (ROA) of 8.96 %, and an EBITDA Margin of 22.86 %, showcasing financial performance.

How do profitability ratios impact the evaluation of Nitiraj Engineers IPO?

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

The post-IPO market capitalisation of Nitiraj Engineers IPO is ₹ 0.00 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 Nitiraj Engineers IPO?

The Nitiraj Engineers IPO has a Price-to-Earnings (PE) ratio of 9.00 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.

What is the Revenue of Nitiraj Engineers IPO?

Nitiraj Engineers IPO reported revenue of ₹ 64.02 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Nitiraj Engineers IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Nitiraj Engineers IPO?

Nitiraj Engineers recorded an EBITDA of ₹ 7.30 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Nitiraj Engineers IPO?

Nitiraj Engineers Profit After Tax (PAT) is ₹ 4.51 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: ₹ 31.94 Cr.
            EBITDA: ₹ 7.30 Cr.
            PAT: ₹ 4.51 Cr.
  • EBITDA Margin: 22.86 %
            Pat Margin: 14.12 %
  • Net Worth: ₹ 37.61 Cr.
  • Market Capitalisation: [●]
  • P/E: 9.00 times
  • P/BV: [●]
  • EV/EBITDA: 0.92 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Nitiraj Engineers operates in Electric Equipments and Manufacture And Sale Of Wide Range Of Electronic Weighing Scales And Systems Currency Counting Machines And Electronic Fare Meters. The Issue is listed on NSE EMERGE in Mar, 2017. Nitiraj Engineers IPO size was 22.01 with Issue price of 100.00 .

Nitiraj Engineers IPO subscription was 0.00 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.

Nitiraj Engineers IPO listed at a listing price of 94.50 against the offer price of 100.00.

The current market price of Nitiraj Engineers is 205.74.

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