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

Veto Switchgears and Cables Limited IPO Analysis

Veto Switchgears and Cables IPO is a Book Building listing on NSE EMERGE exchange, with an ipo size of ₹ 25.00 Cr. The company is based in Mumbai and caters to Cables And Wires sector. Keynote Financial Services is the merchant banker of Veto Switchgears and Cables IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th September 2012.

Veto Switchgears and Cables IPO posted revenues of ₹ 70.16 crores and PAT of ₹ 6.88 crores in FY13 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 70.12 Cr.
            EBITDA: ₹ 12.52 Cr.
            PAT: ₹ 6.88 Cr.
  • EBITDA Margin: 17.86 %
            Pat Margin: 9.81 %
  • Net Worth: ₹ 32.68 Cr.
  • Market Capitalisation: [●]
  • P/E: 20.00 times
  • P/BV: [●]
  • EV/EBITDA: 1.53 times
Nature of IPO : SME
Exchange : NSE EMERGE
IPO Type : Book Building

Veto Switchgears IPO Financial Performance (Restated)

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

Amount in ₹ crores
Financials Jun-12 FY12 FY11 FY10
Balance Sheet
Assets 61.06 56.34 45.89 42.64
Net Worth 32.68 27.10 19.82 13.97
Total Debt 20.47 19.39 19.05 23.04
Profit & Loss
Revenue
Revenue on annualised basis
17.53
70.12
68.60 53.20 47.00
EBITDA
EBITDA on annualised basis
3.13
12.52
11.15 7.12 5.76
PAT
PAT on annualised basis
1.72
6.88
7.22 4.86 4.35
Financials
30-Jun-12
FY12
FY11
FY10
Balance Sheet
Assets
61.06
56.34
45.89
42.64

Net Worth
32.68
27.10
19.82
13.97

Total Debt
20.47
19.39
19.05
23.04

Profit & Loss
Revenue
Revenue on annualised basis
17.53
70.12
68.60
53.20
47.00

EBITDA
EBITDA on annualised basis
3.13
12.52
11.15
7.12
5.76

PAT
PAT on annualised basis
1.72
6.88
7.22
4.86
4.35

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.

Veto Switchgears IPO Key performance Indicators (KPI)

Veto Switchgears and Cables IPO PAT Margin is 9.81 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Veto Switchgears and Cables IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars Jun-12 FY12 FY11 FY10
EBITDA Margin (%) 17.86 16.25 13.38 12.26
PAT Margin (%) 9.81 10.52 9.14 9.26
EPS (₹) 1.50 6.47 4.49 4.56
ROE (%) 5.26 26.64 24.52 31.14
ROCE (%) [●] [●] [●] [●]
ROA (%) 2.82 12.82 10.59 10.20
Debt to Equity 0.63 0.72 0.96 1.65
Particulars
30-Jun-12
FY12
FY11
FY10

EBITDA Margin (%)
17.86
16.25
13.38
12.26

PAT Margin (%)
9.81
10.52
9.14
9.26

EPS (₹)
1.50
6.47
4.49
4.56

ROE (%)
5.26
26.64
24.52
31.14

ROCE (%)
[●]
[●]
[●]
[●]

ROA (%)
2.82
12.82
10.59
10.20

Debt to Equity (x)  
0.63
0.72
0.96
1.65

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.

Veto Switchgears and Cables IPO Valuation Metrics

The market Capitalisation of Veto Switchgears and Cables 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) :
20.00

P/B (times) :
[●]

NAV (₹) :
28.03

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 Veto Switchgears prospectus?

The Veto Switchgears and Cables IPO prospectus highlights an Return on Equity (ROE) of 5.26 % , Return on Assets (ROA) of 2.82 %, and an EBITDA Margin of 17.86 %, showcasing financial performance.

How do profitability ratios impact the evaluation of Veto Switchgears IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Veto Switchgears and Cables 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 Veto Switchgears IPO ?

The post-IPO market capitalisation of Veto Switchgears and Cables 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 Veto Switchgears IPO?

The Veto Switchgears and Cables IPO has a Price-to-Earnings (PE) ratio of 20.00 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.

What is the Revenue of Veto Switchgears and Cables IPO?

Veto Switchgears and Cables IPO reported revenue of ₹ 70.16 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Veto Switchgears and Cables IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Veto Switchgears and Cables IPO?

Veto Switchgears and Cables recorded an EBITDA of ₹ 12.52 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Veto Switchgears and Cables IPO?

Veto Switchgears and Cables Profit After Tax (PAT) is ₹ 6.88 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: ₹ 70.12 Cr.
            EBITDA: ₹ 12.52 Cr.
            PAT: ₹ 6.88 Cr.
  • EBITDA Margin: 17.86 %
            Pat Margin: 9.81 %
  • Net Worth: ₹ 32.68 Cr.
  • Market Capitalisation: [●]
  • P/E: 20.00 times
  • P/BV: [●]
  • EV/EBITDA: 1.53 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Veto Switchgears and Cables operates in Cables And Wires and Manufacturer Of Wires & Cables And Electrical Accessories. The Issue is listed on NSE EMERGE in Feb, 2012. Veto Switchgears and Cables IPO size was 25.00 with Issue price of 50.00 .

Veto Switchgears and Cables 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.

Veto Switchgears and Cables IPO listed at a listing price of 145.45 against the offer price of 50.00.

The current market price of Veto Switchgears and Cables is 126.92.

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