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Veeram Ornaments IPO is a Fixed Price listing on BSE SME exchange, with an ipo size of ₹ 5.12 Cr. The company is based in Ahmedabad and caters to Jewellery sector. Gretex Corporate Services is the merchant banker of Veeram Ornaments IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 13th December 2016.
Veeram Ornaments IPO posted revenues of ₹ 8.00 crores and PAT of ₹ 1.12 crores in FY17 on annualised basis.
Revenue:
₹ 7.96 Cr.
EBITDA Margin:
2.01
% 
Net Worth: ₹ 3.35 Cr.
Market Capitalisation:
[●]
P/E:
17.00 times
P/BV: [●]
EV/EBITDA: 1.06 times
Financial results of Veeram Ornaments IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Jun-16 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 4.34 | 3.22 | 0.17 | 0.08 | |
| Net Worth | 3.35 | 3.08 | 0.01 | 0.01 | |
| Total Debt | 0.45 | 0.10 | 0.07 | [●] | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
1.99
7.96 |
1.45 | 0.05 | 0.07 | |
EBITDA
EBITDA on annualised basis |
0.04
0.16 |
0.01 | 0.01 | 0.01 | |
PAT
PAT on annualised basis |
0.27
1.08 |
0.06 | [●] | [●] | |
Veeram Ornaments IPO PAT Margin is 13.57 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Veeram Ornaments IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Jun-16 | FY16 | FY15 | FY14 |
|---|---|---|---|---|
| EBITDA Margin (%) | 2.01 | 0.69 | 20.00 | 14.29 |
| PAT Margin (%) | 13.57 | 4.14 | [●] | [●] |
| EPS (₹) | 8.06 | 19.89 | 2.27 | 3.43 |
| ROE (%) | 8.06 | 1.95 | [●] | [●] |
| ROCE (%) | [●] | [●] | [●] | [●] |
| ROA (%) | 6.22 | 1.86 | [●] | [●] |
| Debt to Equity | 0.13 | 0.03 | 7.00 | [●] |
The market Capitalisation of Veeram Ornaments IPO is ₹ 0.00 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Veeram Ornaments IPO prospectus highlights an Return on Equity (ROE) of 8.06 % , Return on Assets (ROA) of 6.22 %, and an EBITDA Margin of 2.01 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Veeram Ornaments 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 Veeram Ornaments 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 Veeram Ornaments IPO has a Price-to-Earnings (PE) ratio of 17.00 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.
Veeram Ornaments IPO reported revenue of ₹ 8.00 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Veeram Ornaments IPO provide insights into sales growth, market demand, and business scalability.
Veeram Ornaments recorded an EBITDA of ₹ 0.16 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Veeram Ornaments Profit After Tax (PAT) is ₹ 1.08 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 7.96 Cr.
EBITDA Margin:
2.01
%
Net Worth: ₹ 3.35 Cr.
Market Capitalisation:
[●]
P/E:
17.00 times
P/BV: [●]
EV/EBITDA: 1.06 times
Veeram Ornaments operates in Jewellery and Integrated Wholesaler Trader Retailer Of Branded Jewellery Ornaments. The Issue is listed on BSE SME in Jan, 2017. Veeram Ornaments IPO size was 5.12 with Issue price of 45.00 .
Merchant Banker(s) of Veeram Ornaments IPO: Gretex Corporate Services Limited
Veeram Ornaments 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.
Veeram Ornaments IPO listed at a listing price of 46.00 against the offer price of 45.00.
The current market price of Veeram Ornaments is 9.08.
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