100  Total SME IPOs listed in 2025

4,441.26 Crs.  Total funds raised in 2025

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

100  Total SME IPOs listed in 2025

4,441.26 Crs.  Total funds raised in 2025

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

100  Total SME IPOs listed in 2025

4,441.26 Crs.  Total funds raised in 2025

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

100  Total SME IPOs listed in 2025

4441.26 Crs.  Total funds raised in 2,025.00

69  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

Shri Ram Switchgears Limited IPO Analysis

Shri Ram Switchgears IPO is a Fixed Price listing on NSE EMERGE exchange, with an ipo size of ₹ 5.07 Cr. The company is based in Ratlam and caters to Electric Equipments sector. Sarthi Capital Advisors is the merchant banker of Shri Ram Switchgears IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th January 2017.

Shri Ram Switchgears IPO posted revenues of ₹ 60.39 crores and PAT of ₹ 1.93 crores in FY17 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 59.96 Cr.
            EBITDA: ₹ 11.19 Cr.
            PAT: ₹ 1.93 Cr.
  • EBITDA Margin: 18.67 %
            Pat Margin: 3.22 %
  • Net Worth: ₹ 10.93 Cr.
  • Market Capitalisation: [●]
  • P/E: 9.80 times
  • P/BV: [●]
  • EV/EBITDA: 2.92 times
Nature of IPO : SME
Exchange : NSE EMERGE
IPO Type : Fixed Price

Shri Ram IPO Financial Performance (Restated)

Financial results of Shri Ram Switchgears IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials Feb-17 FY16 FY15 FY14
Balance Sheet
Assets 82.53 71.02 62.29 51.87
Net Worth 10.93 9.05 8.18 5.30
Total Debt 38.88 31.68 18.87 19.11
Profit & Loss
Revenue
Revenue on annualised basis
54.96
59.96
45.65 52.89 38.89
EBITDA
EBITDA on annualised basis
10.26
11.19
6.18 5.60 3.43
PAT
PAT on annualised basis
1.77
1.93
0.85 1.21 0.42
Financials
28-Feb-17
FY16
FY15
FY14
Balance Sheet
Assets
82.53
71.02
62.29
51.87

Net Worth
10.93
9.05
8.18
5.30

Total Debt
38.88
31.68
18.87
19.11

Profit & Loss
Revenue
Revenue on annualised basis
54.96
59.96
45.65
52.89
38.89

EBITDA
EBITDA on annualised basis
10.26
11.19
6.18
5.60
3.43

PAT
PAT on annualised basis
1.77
1.93
0.85
1.21
0.42

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Shri Ram IPO Key performance Indicators (KPI)

Shri Ram Switchgears IPO PAT Margin is 3.22 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Shri Ram Switchgears IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars Feb-17 FY16 FY15 FY14
EBITDA Margin (%) 18.67 13.54 10.59 8.82
PAT Margin (%) 3.22 1.86 2.29 1.08
EPS (₹) [●] 1.16 1.66 0.83
ROE (%) 16.19 9.39 14.79 7.92
ROCE (%) [●] [●] [●] [●]
ROA (%) 2.14 1.20 1.94 0.81
Debt to Equity 3.56 3.50 2.31 3.61
Particulars
28-Feb-17
FY16
FY15
FY14

EBITDA Margin (%)
18.67
13.54
10.59
8.82

PAT Margin (%)
3.22
1.86
2.29
1.08

EPS (₹)
[●]
1.16
1.66
0.83

ROE (%)
16.19
9.39
14.79
7.92

ROCE (%)
[●]
[●]
[●]
[●]

ROA (%)
2.14
1.20
1.94
0.81

Debt to Equity (x)  
3.56
3.50
2.31
3.61

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Shri Ram Switchgears IPO Valuation Metrics

The market Capitalisation of Shri Ram Switchgears IPO is ₹ 0.00 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (₹ Cr.):
[●]

Enterprise Value (EV) (₹ Cr.):
[●]

EV/EBITDA (times) :
[●]

PE Multiple (times) :
9.80

P/B (times) :
[●]

NAV (₹) :
12.33

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in Shri Ram prospectus?

The Shri Ram Switchgears IPO prospectus highlights an Return on Equity (ROE) of 16.19 % , Return on Assets (ROA) of 2.14 %, and an EBITDA Margin of 18.67 %, showcasing financial performance.

How do profitability ratios impact the evaluation of Shri Ram IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Shri Ram Switchgears IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Shri Ram IPO ?

The post-IPO market capitalisation of Shri Ram Switchgears 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.

What is the PE Multiple of Shri Ram IPO?

The Shri Ram Switchgears IPO has a Price-to-Earnings (PE) ratio of 9.80 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.

What is the Revenue of Shri Ram Switchgears IPO?

Shri Ram Switchgears IPO reported revenue of ₹ 60.39 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Shri Ram Switchgears IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Shri Ram Switchgears IPO?

Shri Ram Switchgears recorded an EBITDA of ₹ 11.19 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Shri Ram Switchgears IPO?

Shri Ram Switchgears Profit After Tax (PAT) is ₹ 1.93 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 59.96 Cr.
            EBITDA: ₹ 11.19 Cr.
            PAT: ₹ 1.93 Cr.
  • EBITDA Margin: 18.67 %
            Pat Margin: 3.22 %
  • Net Worth: ₹ 10.93 Cr.
  • Market Capitalisation: [●]
  • P/E: 9.80 times
  • P/BV: [●]
  • EV/EBITDA: 2.92 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Recent IPO List

Neetu Yoshi Limited

  Metal

  Dehradun


Adcounty Media India Limited

  Information Technology

  Jaipur


Pro Fx Tech Limited

  Electric Equipments

  Bangalore


Valencia India Limited

  Advertising and Media - Events

  Ahmedabad


Ace Alpha Tech Limited

  Information Technology

  Delhi


Peer Companies Of This Sector

FAQs

Shri Ram Switchgears operates in Electric Equipments and Manufacturing Of Transformers Distribution Boxes Switchgears Junction Boxes. The Issue is listed on NSE EMERGE in Jun, 2017. Shri Ram Switchgears IPO size was 5.07 with Issue price of 19.00 .

Shri Ram Switchgears 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.

Shri Ram Switchgears IPO listed at a listing price of 22.80 against the offer price of 19.00.

The current market price of Shri Ram Switchgears is 10.10.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency