Kumar Arch Tech Limited plans to raise and register with the Securities and Exchange Board of India for 740 crores IPO(initial public offer). This IPO combines an OFS(Offer for sale ) of 500 crores and a fresh issue of 240 crores. DRHP filed on 27 September. Significantly, if the company had tied up with 48 crores in pre-IPO, the company would have reduced fresh issues size. Furthermore, the company has already decided the total amount of expenses such as 182.09 cores go to the investment subsidiary for ‘Taylias Industry Private Limited” finance and another project greenfield.
Additionally, On September 9, 2024, the Board created a policy to distribute dividends. if dividends are to be paid, the Board will suggest it, and the Shareholders will need to approve it. This will follow the company rules and the law, including the Companies Act. Further, this company’s management has taken accountabilities for the preparation of the Restated Consolidated Financial Information.
In the current year, the company’s Total Non-Current Assets reached 1,228.45, an increase from 548.83 in 2023. Total income for 2024 was 4,162.86, compared to 2,547.41 in 2022. Revenue from operations was approximately 4,078.77 in 2024, up from 2,505.64 in 2022. Further, Other income amounted to 84.09 in 2024, compared to 41.77 in 2022.
Kumar Arch Tech Limited is India’s biggest maker of PVC blend building materials. They have a legacy of over 22+ years and expertise in material science and R&D capabilities. This company has unique strengths like market share, product range, and global footprint. This Rajasthan business has directors like Shakun Taylia, Surbhi Jitendrakumar Taylia, and Subham Taylia.
Kumar Arch Tech IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Kumar Arch Tech Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹254.74 | ₹229.58 | ₹20.43 |
| 2023 | ₹414.51 | ₹330.35 | ₹63.03 |
| 2024 | ₹416.29 | ₹274.92 | ₹110.75 |
Kumar Arch Tech IPO Valuation – FY2024
Kumar Arch Tech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹6.45(Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 48.52% |
| Net Asset Value (NAV): | ₹398.68 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Century Plyboards (India) Limited | 14.69 | 61.06 | 14.76 | 99.39 | 3,885.95 Cr. |
| Greenply Industries Limited | 5.67 | 66.56 | 9.86 | 57.35 | 2,179.92 Cr. |
| Astral Limited | 20.33 | 99.60 | 17.13 | 118.52 | 5,641.40 Cr. |
Objects of the Issue
- Investment in our wholly owned Subsidiary, Taylias Industry Private Limited (“TIPL”) for financing its capital
- expenditure requirements for the greenfield project in relation to the manufacture of PVC based products (the “TIPL Project”);
- General corporate purposes
IPO Lead Managers aka Merchant Bankers
- Motilal Oswal Investment Advisors Limited
- Equirus Capital Private Limited
