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Northern Spirits IPO is a Fixed Price listing on BSE SME exchange. The company is based in Kolkata and caters to Retail sector. Finshore Management Services is the merchant banker of Northern Spirits IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th January 2019.
Northern Spirits IPO posted revenues of ₹ 97.32 crores and PAT of ₹ 5.50 crores in FY19 on annualised basis.
Revenue:
₹ 96.90 Cr.
EBITDA Margin:
11.76
% 
Net Worth: ₹ 21.92 Cr.
Market Capitalisation:
[●]
P/E:
12.54 times
P/BV: [●]
EV/EBITDA: [●]
Financial results of Northern Spirits IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Sep-18 | FY18 | FY17 | FY16 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 76.92 | 20.40 | 12.55 | 7.84 | |
| Net Worth | 21.92 | 4.96 | 1.16 | 0.62 | |
| Total Debt | 41.50 | 5.02 | 1.59 | 1.73 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
48.45
96.90 |
25.86 | 17.32 | 3.21 | |
EBITDA
EBITDA on annualised basis |
5.70
11.40 |
1.64 | 0.88 | -0.26 | |
PAT
PAT on annualised basis |
2.75
5.50 |
1.00 | 0.53 | -0.50 | |
Northern Spirits IPO PAT Margin is 5.68 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Northern Spirits IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Sep-18 | FY18 | FY17 | FY16 |
|---|---|---|---|---|
| EBITDA Margin (%) | 11.76 | 6.34 | 5.08 | -8.10 |
| PAT Margin (%) | 5.68 | 3.87 | 3.06 | -15.58 |
| EPS (₹) | 2.34 | 12.83 | 13.14 | -16.12 |
| ROE (%) | 12.55 | 20.16 | 45.69 | -80.65 |
| ROCE (%) | [●] | [●] | [●] | [●] |
| ROA (%) | 3.58 | 4.90 | 4.22 | -6.38 |
| Debt to Equity | 1.89 | 1.01 | 1.37 | 2.79 |
The market Capitalisation of Northern Spirits IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Northern Spirits 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 Northern Spirits 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 Northern Spirits 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 Northern Spirits IPO has a Price-to-Earnings (PE) ratio of 12.54 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.
Northern Spirits IPO reported revenue of ₹ 97.32 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Northern Spirits IPO provide insights into sales growth, market demand, and business scalability.
Northern Spirits recorded an EBITDA of ₹ 11.40 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Northern Spirits Profit After Tax (PAT) is ₹ 5.50 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 96.90 Cr.
EBITDA Margin:
11.76
%
Net Worth: ₹ 21.92 Cr.
Market Capitalisation:
[●]
P/E:
12.54 times
P/BV: [●]
EV/EBITDA: [●]
Northern Spirits operates in Retail and . The Issue is listed on BSE SME in Apr, 2019. Northern Spirits IPO size was 18.50 with Issue price of 43.00 .
Merchant Banker(s) of Northern Spirits IPO: Finshore Management Services Limited
Northern Spirits IPO subscription was 1.30 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.
Northern Spirits IPO listed at a listing price of 43.10 against the offer price of 43.00.
The current market price of Northern Spirits is 160.75.
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