Toh bhai, ye jo ₹65.12 crore ka IPO aa raha hai na, iska plan hai naye showrooms kholne ka aur purane ko upgrade karne ka. Is pure fund raise ka ₹43 crore toh working capital mein jayega, ₹6.32 crore showrooms ke capital expenditure pe lagega aur baaki general corporate needs ke liye. Matlab full focus on scaling up!
Ab numbers ki baat karein toh, March 2025 tak company ka revenue tha ₹242.36 crore aur profit ₹7.77 crore. December 2025 tak ye profit ₹12.11 crore ho gaya, matlab growth toh tagdi hai! EBITDA bhi 107% badha tha FY25 mein. Lekin, agar aap ₹135 per share wale valuation ko dekho, toh ye apne earnings ka lagbhag 28.33 times hai. Ye sector ke liye thoda high lag sakta hai, kyunki kai competitors loss mein hain ya kam valuation pe trade kar rahe hain.
Par yahan ek bada caution hai! Company ka debt-to-equity ratio 3.65 hai, jo industry average 0.34 se bahut zyada hai. Matlab company pe loans ka bojh kaafi hai.
Aur ek chilling baat ye hai ki company ka 94.84% revenue sirf Bajaj Auto se aata hai. Aur Bajaj Auto kisi bhi reason se 30 din ka notice dekar deal khatam kar sakta hai. Matlab, ek tarah se seedha Bajaj Auto pe hi depend hai sab kuch!
Aur ye IPO NSE Emerge platform pe list hoga, jahan usually higher risks hote hain. Abhi toh grey market premium (GMP) bhi zero chal raha hai, matlab market mein zyada excitement nahi dikh raha.
Par haan, sectors toh badh rahe hain. India ka consumer electronics market 2034 tak USD 158 billion tak pahunch sakta hai. Auto sector bhi government policies aur EVs ke karan acha perform kar sakta hai. Company ka strategy hai network badhana aur customer ko pakad ke rakhna.
