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Suraj Estate Developers IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 400.00 Cr. The company is based in Mumbai and caters to Real Estate sector. Anand Rathi Securities , Iti Capital are the merchant bankers of Suraj Estate Developers IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th July 2023.
Suraj Estate Developers IPO posted revenues of ₹ 411.24 crores and PAT of ₹ 58.12 crores in FY24 on annualised basis.
Revenue:
₹ 409.64 Cr.
EBITDA Margin:
45.60
% 
Net Worth: ₹ 86.10 Cr.
Market Capitalisation:
₹ 1597.00 Cr.
P/E:
15.33 times
P/BV: 3.29 times
EV/EBITDA: 11.61 times
Financial results of Suraj Estate Developers IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Jun-23 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 994.72 | 942.58 | 863.99 | 792.00 | |
| Net Worth | 86.10 | 71.39 | 39.16 | 29.14 | |
| Total Debt | 598.50 | 593.09 | 638.15 | 600.47 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
102.41
409.64 |
305.74 | 272.71 | 239.98 | |
EBITDA
EBITDA on annualised basis |
46.70
186.80 |
151.00 | 131.70 | 86.60 | |
PAT
PAT on annualised basis |
14.52
58.08 |
32.06 | 26.50 | 6.27 | |
Suraj Estate Developers IPO PAT Margin is 14.18 % , ROCE (Return on Capital Employed) is 6.78 % as per latest financial. The below table shows Suraj Estate Developers IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Jun-23 | FY23 | FY22 | FY21 |
|---|---|---|---|---|
| EBITDA Margin (%) | 45.60 | 49.39 | 48.29 | 36.09 |
| PAT Margin (%) | 14.18 | 10.49 | 9.72 | 2.61 |
| EPS (₹) | 4.58 | 10.10 | 8.35 | 1.98 |
| ROE (%) | 16.86 | 44.91 | 67.67 | 21.52 |
| ROCE (%) | 6.78 | 21.93 | 19.42 | 14.51 |
| ROA (%) | 1.46 | 3.40 | 3.07 | 0.79 |
| Debt to Equity | 6.95 | 8.31 | 16.30 | 20.61 |
The market Capitalisation of Suraj Estate Developers IPO is ₹ 1597.00 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Suraj Estate Developers IPO prospectus highlights an Return on Equity (ROE) of 16.86 % , Return on Assets (ROA) of 1.46 %, and an EBITDA Margin of 45.60 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Suraj Estate Developers 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 Suraj Estate Developers IPO is ₹ 1597.00 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 Suraj Estate Developers IPO has a Price-to-Earnings (PE) ratio of 15.33 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.
Suraj Estate Developers IPO reported revenue of ₹ 411.24 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Suraj Estate Developers IPO provide insights into sales growth, market demand, and business scalability.
Suraj Estate Developers recorded an EBITDA of ₹ 186.80 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Suraj Estate Developers Profit After Tax (PAT) is ₹ 58.08 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 409.64 Cr.
EBITDA Margin:
45.60
%
Net Worth: ₹ 86.10 Cr.
Market Capitalisation:
₹ 1597.00 Cr.
P/E:
15.33 times
P/BV: 3.29 times
EV/EBITDA: 11.61 times
Suraj Estate Developers operates in Real Estate and Specializes In Redevelopment Of Residential And Commercial. The Issue is listed on BSE,NSE in Dec, 2023. Suraj Estate Developers IPO size was 400.00 with Issue price of 360.00 .
Merchant Banker(s) of Suraj Estate Developers IPO: Anand Rathi Securities Limited , Iti Capital Limited
Suraj Estate Developers IPO subscription was 16.57 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.
Suraj Estate Developers IPO listed at a listing price of 334.30 against the offer price of 360.00.
The current market price of Suraj Estate Developers is 369.45.
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