Platinum Industries IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 235.32 Cr. The company is based in Mumbai and caters to Chemical sector. Unistone Capital is the merchant banker of Platinum Industries IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 11th July 2023.
Platinum Industries IPO posted revenues of ₹ 247.46 crores and PAT of ₹ 45.68 crores in FY24 on annualised basis.Financial results of Platinum Industries IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
Financials | Sep-23 | FY23 | FY22 | FY21 | |
---|---|---|---|---|---|
Balance Sheet
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Assets | 137.72 | 121.16 | 84.47 | 32.25 | |
Net Worth | 85.03 | 61.87 | 22.33 | 4.47 | |
Total Debt | 11.46 | 17.43 | 24.24 | 3.26 | |
Profit & Loss
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Revenue
Revenue on annualised basis |
122.82
245.64 |
231.48 | 188.15 | 89.26 | |
EBITDA
EBITDA on annualised basis |
32.37
64.74 |
53.85 | 25.35 | 7.56 | |
PAT
PAT on annualised basis |
22.83
45.66 |
37.58 | 17.74 | 4.81 |
Platinum Industries IPO PAT Margin is 18.59 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Platinum Industries IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
Particulars | Sep-23 | FY23 | FY22 | FY21 |
---|---|---|---|---|
EBITDA Margin (%) | 26.36 | 23.26 | 13.47 | 8.47 |
PAT Margin (%) | 18.59 | 16.23 | 9.43 | 5.39 |
EPS (₹) | 5.73 | 9.42 | 4.41 | 1.24 |
ROE (%) | 26.85 | 60.74 | 79.44 | 107.61 |
ROCE (%) | [●] | [●] | [●] | [●] |
ROA (%) | 16.58 | 31.02 | 21.00 | 14.91 |
Debt to Equity | 0.13 | 0.28 | 1.09 | 0.73 |
The market Capitalisation of Platinum Industries IPO is ₹ 939.22 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Platinum Industries IPO prospectus highlights an Return on Equity (ROE) of 26.85 % , Return on Assets (ROA) of 16.58 %, and an EBITDA Margin of 26.36 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Platinum Industries 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 Platinum Industries IPO is ₹ 939.22 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 Platinum Industries 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.
Platinum Industries IPO reported revenue of ₹ 247.46 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Platinum Industries IPO provide insights into sales growth, market demand, and business scalability.
Platinum Industries recorded an EBITDA of ₹ 64.74 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Platinum Industries Profit After Tax (PAT) is ₹ 45.66 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Platinum Industries operates in Chemical and PVC Stabilizers And Lubricants With Multi-products. The Issue is listed on BSE,NSE in Mar, 2024. Platinum Industries IPO size was 235.32 with Issue price of 171.00 .
Merchant Banker(s) of Platinum Industries IPO: Unistone Capital Private Limited
Platinum Industries IPO subscription was 98.99 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.
Platinum Industries IPO listed at a listing price of 220.90 against the offer price of 171.00.
The current market price of Platinum Industries is 275.45.
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