31 Mar 2022
Assets13.85
Total Income80.46
Profit After Tax0.74
NET Worth1.51
Reserves and Surplus1.36
Total Borrowing5.29
At a glance
Updated 2026-09-14The shares listed at ₹109.00, a 15.96% move from the issue price. Piotex Industries is a SME IPO with an issue size of ₹14.47 crore, proposed for listing on BSE SME. The offer opens on 10th May 2024 and closes on 14th May 2024. The issue structure includes a fresh issue of ₹13.74 crore. The current listing schedule points to 17th May 2024.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹14.47 Cr
Fresh issue₹13.74 Cr
Face value₹10
Price band—–—
Allotment15th May 2024
Listing17th May 2024
Listing performance
Full performance ↗Issue price₹94.00
Listing price₹109.00
Current price—
Listing gain15.96%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹33.00
GMP / upper priceNO DATA
Est. listing₹127.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens10th May 2024
Closes14th May 2024
Allotment15th May 2024
Refund16th May 2024
Demat16th May 2024
Listing17th May 2024
Subscription demand
Full bidding ↗Total104.27×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding the Working Capital Requirement | ₹10.51 Cr |
| General Corporate Expenses | ₹2.71 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue118.94₹ Cr · +37.2% vs prior year
PAT3.01₹ Cr · +4.2% vs prior year
Assets36.11₹ Cr · +105.4% vs prior year
Net Worth8.97₹ Cr · +103.9% vs prior year
Borrowing4.46₹ Cr · +19.9% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets17.58
Total Income86.67
Profit After Tax2.89
NET Worth4.40
Reserves and Surplus4.25
Total Borrowing3.72
31 Mar 2024
Assets36.11
Total Income118.94
Profit After Tax3.01
NET Worth8.97
Reserves and Surplus5.82
Total Borrowing4.46
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 44.99% |
| ROCE | 33.20% |
| Debt / Equity | 0.50% |
| RoNW | 33.53% |
| PAT Margin | 2.54% |
| Price to Book Value | 3.73 |
Valuation & shareholding
Pre-IPO EPS8.44
Post-IPO EPS5.89
Pre-IPO P/E11.14
Post-IPO P/E15.95
Promoter holding pre100%
Promoter holding post65.94%
Market cap₹47.97 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Piotex Industries IPO | — | 15.95 x | — | — |
| Fascinate Textiles IPO | — | 36.97 x | — | — |
| Shree Balaji IPO | — | 11.85 x | — | — |
| Riyaasat Lifestyle IPO | — | 22.53 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead manager(s) fees including underwriting commission | ₹0.22 Cr |
| Brokerage, selling commission and upload fees | ₹0.03 Cr |
| Registrars to the issue | ₹0.01 Cr |
| Legal Advisors | ₹0.01 Cr |
| Advertising and marketing expenses | ₹0.03 Cr |
| Regulators including stock exchanges | ₹0.08 Cr |
| Printing and distribution of issue stationary | ₹0.02 Cr |
| Others, if any (market making, depositories, marketing fees, secretarial, peer review auditors, etc.) | ₹0.85 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Beeline Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-14.
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