IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Rhetan TMT IPO is a Fixed Price listing on BSE SME exchange. The company is based in Ahmedabad and caters to Steel - Iron sector. Aryaman Financial Services is the merchant banker of Rhetan TMT IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th June 2022.
Rhetan TMT IPO posted revenues of ₹ 67.03 crores and PAT of ₹ 2.35 crores in FY00 on annualised basis.
Revenue:
₹ 67.03 Cr.
EBITDA Margin:
6.83
% 
Net Worth: ₹ 23.13 Cr.
Market Capitalisation:
₹ 148.75 Cr.
P/E:
63.64 times
P/BV: 1.88 times
EV/EBITDA: 38.24 times
Financial results of Rhetan TMT IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | FY22 | FY21 | FY20 | ||
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 59.00 | 39.81 | 30.47 | ||
| Net Worth | 23.13 | 7.83 | 0.30 | ||
| Total Debt | 26.49 | 25.42 | 23.94 | ||
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
67.03 | 52.09 | 20.01 | ||
EBITDA
EBITDA on annualised basis |
4.58 | 1.12 | 0.29 | ||
PAT
PAT on annualised basis |
2.35 | 0.13 | -0.58 | ||
Rhetan TMT IPO PAT Margin is 3.51 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Rhetan TMT IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | FY22 | FY21 | FY20 |
|---|---|---|---|
| EBITDA Margin (%) | 6.83 | 2.15 | 1.45 |
| PAT Margin (%) | 3.51 | 0.25 | -2.90 |
| EPS (₹) | 2.00 | 0.18 | -1.45 |
| ROE (%) | 10.16 | 1.66 | -193.33 |
| ROCE (%) | [●] | [●] | [●] |
| ROA (%) | 3.98 | 0.33 | -1.90 |
| Debt to Equity | 1.15 | 3.25 | 79.80 |
The market Capitalisation of Rhetan TMT IPO is ₹ 148.75 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Rhetan TMT 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 Rhetan TMT 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 Rhetan TMT IPO is ₹ 148.75 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 Rhetan TMT IPO has a Price-to-Earnings (PE) ratio of 63.64 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.
Rhetan TMT IPO reported revenue of ₹ 67.03 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Rhetan TMT IPO provide insights into sales growth, market demand, and business scalability.
Rhetan TMT recorded an EBITDA of ₹ 4.58 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Rhetan TMT Profit After Tax (PAT) is ₹ 2.35 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 67.03 Cr.
EBITDA Margin:
6.83
%
Net Worth: ₹ 23.13 Cr.
Market Capitalisation:
₹ 148.75 Cr.
P/E:
63.64 times
P/BV: 1.88 times
EV/EBITDA: 38.24 times
Rhetan TMT operates in Steel - Iron and Manufacture TMT Bars. The Issue is listed on BSE SME in Sep, 2022. Rhetan TMT IPO size was 56.00 with Issue price of 70.00 .
Merchant Banker(s) of Rhetan TMT IPO: Aryaman Financial Services Limited
Rhetan TMT IPO subscription was 1.47 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.
Rhetan TMT IPO listed at a listing price of 66.50 against the offer price of 70.00.
The current market price of Rhetan TMT is 17.21.
Why Us?
