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Veekayem Fashion and Apparels IPO is a Fixed Price listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Textiles - Fabrics sector. GYR Capital Advisors is the merchant banker of Veekayem Fashion and Apparels IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th March 2022.
Veekayem Fashion and Apparels IPO posted revenues of ₹ 149.47 crores and PAT of ₹ 1.89 crores in FY22 on annualised basis.
Revenue:
₹ 149.01 Cr.
EBITDA Margin:
6.93
% 
Net Worth: ₹ 30.95 Cr.
Market Capitalisation:
₹ 16.45 Cr.
P/E:
8.72 times
P/BV: 0.46 times
EV/EBITDA: 9.47 times
Financial results of Veekayem Fashion and Apparels IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Mar-22 | FY21 | FY20 | ||
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 132.67 | 123.52 | 120.90 | ||
| Net Worth | 30.95 | 29.05 | 28.70 | ||
| Total Debt | 81.60 | 80.63 | 72.11 | ||
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
149.01
149.01 |
76.56 | 215.52 | ||
EBITDA
EBITDA on annualised basis |
10.33
10.33 |
9.65 | 10.41 | ||
PAT
PAT on annualised basis |
1.89
1.89 |
0.35 | 1.09 | ||
Veekayem Fashion and Apparels IPO PAT Margin is 1.27 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Veekayem Fashion and Apparels IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Mar-22 | FY21 | FY20 |
|---|---|---|---|
| EBITDA Margin (%) | 6.93 | 12.60 | 4.83 |
| PAT Margin (%) | 1.27 | 0.46 | 0.51 |
| EPS (₹) | 4.39 | 0.82 | 2.54 |
| ROE (%) | 6.11 | 1.20 | 3.80 |
| ROCE (%) | [●] | [●] | [●] |
| ROA (%) | 1.42 | 0.28 | 0.90 |
| Debt to Equity | 2.64 | 2.78 | 2.51 |
The market Capitalisation of Veekayem Fashion and Apparels IPO is ₹ 16.45 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Veekayem Fashion and Apparels 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 Veekayem Fashion and Apparels 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 Veekayem Fashion and Apparels IPO is ₹ 16.45 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 Veekayem Fashion and Apparels IPO has a Price-to-Earnings (PE) ratio of 8.72 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.
Veekayem Fashion and Apparels IPO reported revenue of ₹ 149.47 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Veekayem Fashion and Apparels IPO provide insights into sales growth, market demand, and business scalability.
Veekayem Fashion and Apparels recorded an EBITDA of ₹ 10.33 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Veekayem Fashion and Apparels Profit After Tax (PAT) is ₹ 1.89 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 149.01 Cr.
EBITDA Margin:
6.93
%
Net Worth: ₹ 30.95 Cr.
Market Capitalisation:
₹ 16.45 Cr.
P/E:
8.72 times
P/BV: 0.46 times
EV/EBITDA: 9.47 times
Veekayem Fashion and Apparels operates in Textiles - Fabrics and Weaving And Garment Manufacturing. The Issue is listed on NSE EMERGE in Aug, 2022. Veekayem Fashion and Apparels IPO size was 4.44 with Issue price of 28.00 .
Merchant Banker(s) of Veekayem Fashion and Apparels IPO: GYR Capital Advisors Private Limited
Veekayem Fashion and Apparels IPO subscription was 301.47 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.
Veekayem Fashion and Apparels IPO listed at a listing price of 50.00 against the offer price of 28.00.
The current market price of Veekayem Fashion and Apparels is 238.00.
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