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Riddhi Steel & Tube IPO is a Fixed Price listing on BSE SME exchange, with an ipo size of ₹ 8.89 Cr. The company is based in Ahmedabad and caters to Steel sector. Guiness Corporate Advisors is the merchant banker of Riddhi Steel & Tube IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th May 2016.
Riddhi Steel & Tube IPO posted revenues of ₹ 236.78 crores and PAT of ₹ 2.66 crores in FY25 on annualised basis.
Revenue:
₹ 236.77 Cr.
EBITDA Margin:
7.52
% 
Net Worth: ₹ 22.51 Cr.
Market Capitalisation:
[●]
P/E:
11.00 times
P/BV: [●]
EV/EBITDA: 4.53 times
Financial results of Riddhi Steel & Tube IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | FY16 | FY15 | FY14 | ||
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 112.27 | 101.91 | 95.30 | ||
| Net Worth | 22.51 | 19.85 | 17.34 | ||
| Total Debt | 81.17 | 74.83 | 67.68 | ||
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
236.77 | 234.96 | 207.27 | ||
EBITDA
EBITDA on annualised basis |
17.81 | 15.60 | 13.48 | ||
PAT
PAT on annualised basis |
2.66 | 2.53 | 2.28 | ||
Riddhi Steel & Tube IPO PAT Margin is 1.12 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Riddhi Steel & Tube IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | FY16 | FY15 | FY14 |
|---|---|---|---|
| EBITDA Margin (%) | 7.52 | 6.64 | 6.50 |
| PAT Margin (%) | 1.12 | 1.08 | 1.10 |
| EPS (₹) | 4.47 | 4.25 | 4.06 |
| ROE (%) | 11.82 | 12.75 | 13.15 |
| ROCE (%) | [●] | [●] | [●] |
| ROA (%) | 2.37 | 2.48 | 2.39 |
| Debt to Equity | 3.61 | 3.77 | 3.90 |
The market Capitalisation of Riddhi Steel & Tube IPO is ₹ 0.00 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Riddhi Steel & Tube IPO prospectus highlights an Return on Equity (ROE) of 11.82 % , Return on Assets (ROA) of 2.37 %, and an EBITDA Margin of 7.52 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Riddhi Steel & Tube 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 Riddhi Steel & Tube 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.
The Riddhi Steel & Tube IPO has a Price-to-Earnings (PE) ratio of 11.00 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.
Riddhi Steel & Tube IPO reported revenue of ₹ 236.78 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Riddhi Steel & Tube IPO provide insights into sales growth, market demand, and business scalability.
Riddhi Steel & Tube recorded an EBITDA of ₹ 17.81 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Riddhi Steel & Tube Profit After Tax (PAT) is ₹ 2.66 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 236.77 Cr.
EBITDA Margin:
7.52
%
Net Worth: ₹ 22.51 Cr.
Market Capitalisation:
[●]
P/E:
11.00 times
P/BV: [●]
EV/EBITDA: 4.53 times
Riddhi Steel & Tube operates in Steel and Manufacturing Of Black And Galvanized Steel. The Issue is listed on BSE SME in Sep, 2016. Riddhi Steel & Tube IPO size was 8.89 with Issue price of 38.00 .
Merchant Banker(s) of Riddhi Steel & Tube IPO: Guiness Corporate Advisors Private Limited
Riddhi Steel & Tube 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.
Riddhi Steel & Tube IPO listed at a listing price of 37.65 against the offer price of 38.00.
The current market price of Riddhi Steel & Tube is 106.50.
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