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Ramdevbaba Solvent IPO is a Book Building listing on NSE EMERGE exchange. The company is based in Nagpur and caters to FMCG sector. Choice Capital Advisors is the merchant banker of Ramdevbaba Solvent IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th December 2023.
Ramdevbaba Solvent IPO posted revenues of ₹ 620.92 crores and PAT of ₹ 11.05 crores in FY24 on annualised basis.
Revenue:
₹ 618.12 Cr.
EBITDA Margin:
4.70
% 
Net Worth: ₹ 68.57 Cr.
Market Capitalisation:
₹ 188.07 Cr.
P/E:
17.02 times
P/BV: 1.58 times
EV/EBITDA: 9.91 times
Financial results of Ramdevbaba Solvent IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Dec-23 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 203.41 | 190.63 | 131.35 | 101.25 | |
| Net Worth | 68.57 | 47.83 | 34.83 | 28.24 | |
| Total Debt | 99.99 | 99.23 | 64.86 | 44.74 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
463.59
618.12 |
697.75 | 582.88 | 423.93 | |
EBITDA
EBITDA on annualised basis |
21.78
29.04 |
25.16 | 19.47 | 16.50 | |
PAT
PAT on annualised basis |
8.29
11.05 |
13.00 | 6.59 | 6.17 | |
Ramdevbaba Solvent IPO PAT Margin is 1.79 % , ROCE (Return on Capital Employed) is 10.76 % as per latest financial. The below table shows Ramdevbaba Solvent IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Dec-23 | FY23 | FY22 | FY21 |
|---|---|---|---|---|
| EBITDA Margin (%) | 4.70 | 3.61 | 3.34 | 3.89 |
| PAT Margin (%) | 1.79 | 1.86 | 1.13 | 1.46 |
| EPS (₹) | 5.60 | 9.45 | 4.79 | 4.48 |
| ROE (%) | 12.09 | 27.18 | 18.92 | 21.85 |
| ROCE (%) | 10.76 | 15.26 | 14.07 | 16.50 |
| ROA (%) | 4.08 | 6.82 | 5.02 | 6.09 |
| Debt to Equity | 1.46 | 2.07 | 1.86 | 1.58 |
The market Capitalisation of Ramdevbaba Solvent IPO is ₹ 188.07 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Ramdevbaba Solvent 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 Ramdevbaba Solvent 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 Ramdevbaba Solvent IPO is ₹ 188.07 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 Ramdevbaba Solvent IPO has a Price-to-Earnings (PE) ratio of 17.02 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.
Ramdevbaba Solvent IPO reported revenue of ₹ 620.92 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Ramdevbaba Solvent IPO provide insights into sales growth, market demand, and business scalability.
Ramdevbaba Solvent recorded an EBITDA of ₹ 29.04 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Ramdevbaba Solvent Profit After Tax (PAT) is ₹ 11.05 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 618.12 Cr.
EBITDA Margin:
4.70
%
Net Worth: ₹ 68.57 Cr.
Market Capitalisation:
₹ 188.07 Cr.
P/E:
17.02 times
P/BV: 1.58 times
EV/EBITDA: 9.91 times
Ramdevbaba Solvent operates in FMCG and Marketing And Sale Of Rice Bran Oil To FMCG Companies. The Issue is listed on NSE EMERGE in Apr, 2024. Ramdevbaba Solvent IPO size was 50.27 with Issue price of 85.00 .
Merchant Banker(s) of Ramdevbaba Solvent IPO: Choice Capital Advisors Private Limited
Ramdevbaba Solvent IPO subscription was 126.21 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.
Ramdevbaba Solvent IPO listed at a listing price of 117.60 against the offer price of 85.00.
The current market price of Ramdevbaba Solvent is 101.30.
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