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15 Days Price Change

Piotex Industries IPO

Closing In

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WEBSITE Inc. Year: 2019 Industry: Trading Listed Page

Profile
Issue Size --
Profile
Price Range 94  to  94 per share
Profile
Min Investment ₹94
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Piotex Industries Ltd is a diversified conglomerate with a focus on textile manufacturing and distribution. Established with a commitment to quality and innovation, Piotex has emerged as a prominent player in the textile industry, offering a wide range of products including yarns, fabrics, and garments. With state-of-the-art manufacturing facilities and a dedicated workforce, the company ensures superior quality and timely delivery to meet the demands of both domestic and international markets. Piotex Industries Ltd is driven by a vision to continually enhance its product offerings and expand its global footprint while maintaining a strong commitment to sustainability and corporate responsibility. Read More

Basic Info

Face Value 10 per share

Price 94  to  94 per share

P/E (x) 13.6

Sales( Cr.) 134

PAT( Cr.) 3

EPS 6.9

Draft Prospectus --

Exchange BSE-SME

Promoter

Company Promoters

Mr. Abhay Shriram Asalkar Mr. Yogesh Omprakash Nimodiya.

Pre Issue Share Holding 100%

Post Issue Share Holding 69.83%

Listing Details:

Listing Price: 109

Listing Gain: 13.76%

Current Price: 40

Gain On Issue: 40 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date May 10, 2024
Closing Date May 14, 2024
Allotment May 15, 2024
Refund May 16, 2024
Delivery of Shares May 16, 2024
Listing Date May 17, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 112,800
Retail (Max) 1 1200 112,800
S-HNI (Min) 2 2400 225,600
S-HNI (Max) 8 9600 902,400
B-HNI (Min) 9 10800 1,015,200

Objective of the Issue

1. Funding the Working Capital Requirement 2. General Corporate Purpose.

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 769800 88688658 115.2x
Retail 769800 71845434 93.3x
EMP 0 0 0x
Total 1539600 165414624 107.4x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Piotex Industries Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 54 80 86 118 134
Other Income 0 0 1 0 0
Total Income 54 80 87 119 135
Total Expenditure 53 79 82 115 130
Operating Profit 1 1 5 4 5
Interest 0 0 1 0 0
Depreciation 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 1 1 4 4 4
Provision for Tax 0 0 1 1 1
Profit After Tax 1 1 3 3 3
Adjustments 0 0 0 0 0
Profit After Adjustments 1 1 3 3 3
Adjusted Earnings Per Share 2.4 3 11.7 8.4 6.6

Piotex Industries Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1 2 4 9 26
Minority's Interest 0 0 0 0 0
Borrowings 2 1 4 3 0
Other Non-Current Liabilities 0 0 0 0 0
Total Current Liabilities 2 11 9 23 6
Total Liabilities 5 14 18 36 32
Fixed Assets 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 3
Total Current Assets 5 14 17 35 29
Total Assets 5 14 18 36 32

Piotex Industries Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 0 0 0
Cash Flow from Operating Activities -1 0 -1 -2 -8
Cash Flow from Investing Activities 0 0 -0 -0 -2
Cash Flow from Financing Activities 2 -1 2 2 10
Net Cash Inflow / Outflow 1 -1 0 -0 0
Closing Cash & Cash Equivalent 1 0 0 0 0

Piotex Industries Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.42 3 11.67 8.44 6.59
CEPS(Rs) 2.42 3 11.67 8.5 6.63
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 3.11 6.11 17.78 25.17 49.39
Core EBITDA Margin(%) 1.71 1.49 4.83 3.22 3.46
EBIT Margin(%) 1.8 1.79 5.61 3.6 3.7
Pre Tax Margin(%) 1.5 1.25 4.56 3.39 3.34
PAT Margin (%) 1.1 0.93 3.36 2.54 2.5
Cash Profit Margin (%) 1.1 0.93 3.36 2.56 2.52
ROA(%) 12.43 7.96 18.37 11.21 9.87
ROE(%) 77.77 65.07 97.65 44.99 19.68
ROCE(%) 32.82 29.34 64.63 39.58 24.35
Receivable days 20.59 11.02 23.18 63.51 68.82
Inventory Days 3.16 20.54 18.33 0.43 1.18
Payable days 10.71 16.82 33.38 46.52 32.77
PER(x) 0 0 0 0 5.92
Price/Book(x) 0 0 0 0 0.79
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.02 0.07 0.04 0.07 0.16
EV/Core EBITDA(x) 1.38 3.64 0.71 1.86 4.39
Net Sales Growth(%) 0 47.5 7.21 37.73 13.42
EBIT Growth(%) 0 46.7 236.18 -11.53 16.55
PAT Growth(%) 0 24 288.68 4.17 11.79
EPS Growth(%) 0 24 288.68 -27.66 -21.93
Debt/Equity(x) 2.87 3.49 0.85 0.5 0.09
Current Ratio(x) 2.07 1.25 1.85 1.51 4.45
Quick Ratio(x) 1.87 0.48 1.84 1.5 4.35
Interest Cover(x) 6.1 3.29 5.35 17.31 10.39
Total Debt/Mcap(x) 0 0 0 0 0.11

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 14% 19% 0% 0%
Operating Profit CAGR 25% 71% 0% 0%
PAT CAGR 0% 44% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -6% NA% NA% NA%
ROE Average 20% 54% 61% 61%
ROCE Average 24% 43% 38% 38%

Company Contact Information

Piotex Industries Ltd.

F/ I I Block, Plot No. 16/2 M. I. D. C Pimpri

IPO Lead Manager(s)

Piotex Industries Ltd.

Beeline Capital Advisors Pvt Ltd.

Registrar Info

Piotex Industries Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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