IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Siddhika Coatings IPO is a Fixed Price listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Chemical - Paint And Adhesives sector. Unistone Capital is the merchant banker of Siddhika Coatings IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th March 2021.
Siddhika Coatings IPO posted revenues of ₹ 12.28 crores and PAT of ₹ 0.40 crores in FY21 on annualised basis.
Revenue:
₹ 12.06 Cr.
EBITDA Margin:
5.47
% 
Net Worth: ₹ 17.18 Cr.
Market Capitalisation:
₹ 17.68 Cr.
P/E:
44.19 times
P/BV: 0.81 times
EV/EBITDA: 25.24 times
Financial results of Siddhika Coatings IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Sep-20 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 21.42 | 23.02 | 20.54 | 15.35 | |
| Net Worth | 17.18 | 16.98 | 14.57 | 11.47 | |
| Total Debt | 0.32 | 0.32 | 0.32 | 0.25 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
6.03
12.06 |
30.12 | 31.94 | 21.97 | |
EBITDA
EBITDA on annualised basis |
0.33
0.66 |
4.25 | 5.00 | 3.66 | |
PAT
PAT on annualised basis |
0.19
0.38 |
2.95 | 3.51 | 2.56 | |
Siddhika Coatings IPO PAT Margin is 3.15 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Siddhika Coatings IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Sep-20 | FY20 | FY19 | FY18 |
|---|---|---|---|---|
| EBITDA Margin (%) | 5.47 | 14.11 | 15.65 | 16.66 |
| PAT Margin (%) | 3.15 | 9.79 | 10.99 | 11.65 |
| EPS (₹) | 0.88 | 13.06 | 15.49 | 11.32 |
| ROE (%) | 1.11 | 17.37 | 24.09 | 22.32 |
| ROCE (%) | [●] | [●] | [●] | [●] |
| ROA (%) | 0.89 | 12.81 | 17.09 | 16.68 |
| Debt to Equity | 0.02 | 0.02 | 0.02 | 0.02 |
The market Capitalisation of Siddhika Coatings IPO is ₹ 17.68 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Siddhika Coatings 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 Siddhika Coatings 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 Siddhika Coatings IPO is ₹ 17.68 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 Siddhika Coatings IPO has a Price-to-Earnings (PE) ratio of 44.19 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.
Siddhika Coatings IPO reported revenue of ₹ 12.28 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Siddhika Coatings IPO provide insights into sales growth, market demand, and business scalability.
Siddhika Coatings recorded an EBITDA of ₹ 0.66 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Siddhika Coatings Profit After Tax (PAT) is ₹ 0.38 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 12.06 Cr.
EBITDA Margin:
5.47
%
Net Worth: ₹ 17.18 Cr.
Market Capitalisation:
₹ 17.68 Cr.
P/E:
44.19 times
P/BV: 0.81 times
EV/EBITDA: 25.24 times
Siddhika Coatings operates in Chemical - Paint And Adhesives and Manufacturer Of Renowned Coatings And Pigments. The Issue is listed on NSE EMERGE in Apr, 2021. Siddhika Coatings IPO size was 4.70 with Issue price of 57.00 .
Merchant Banker(s) of Siddhika Coatings IPO: Unistone Capital Private Limited
Siddhika Coatings IPO subscription was 2.60 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.
Siddhika Coatings IPO listed at a listing price of 55.00 against the offer price of 57.00.
The current market price of Siddhika Coatings is 175.10.
Why Us?
