Computers Hardware IPOs in India are growing as demand for technology products rises. These IPOs offer companies capital for innovation and expansion while providing investors with opportunities in the fast-evolving tech sector, driven by increasing demand for personal computers and related devices.
Content:
- Overview of the Computers Hardware IPOs in India
- IPO Fundamental Analysis
- IPO Financial Analysis
- About the Company
- Advantages of Investing in Computer Hardware Sector IPOs
- Disadvantages of Investing in Computer Hardware Sector IPOs
- Role of the Computer Hardware Industry in the Economy
- How to invest in computer hardware IPOs?
- Future Outlook of Computers Hardware IPOs in India
- Computers Hardware IPOs in India – FAQ
Overview of the Computers Hardware IPOs in India
Computer hardware IPOs in India have gained attention in recent years as the tech industry continues to expand. These IPOs provide companies with the capital needed for growth, innovation and expansion while allowing investors to be part of the fast-evolving tech sector.
The Indian computer hardware market is growing rapidly due to increased demand for personal computers, laptops and other technology products. IPOs in this sector attract significant interest, offering long-term growth potential. Companies in this space aim to strengthen their market positions and fund future technological advancements.
IPO Fundamental Analysis
Rashi Peripherals Ltd
The company has exhibited consistent sales growth, with a substantial increase in revenue and equity. Despite some fluctuations in profitability metrics, it remains in a strong position for continued growth, bolstered by increasing demand in its sector.
Revenue Trend: The company’s revenue grew from ₹9,313 Crores in FY22 to ₹9,454 Crores in FY23 and then saw a significant rise to ₹11,095 Crores in FY24. This surge highlights strong market performance and growing demand for its products and services.
Equity and Liabilities: Equity capital increased to ₹32.95 Crores in FY24, up from ₹20.89 Crores in FY23 and FY22, reflecting a solid capital structure. Liabilities grew to ₹3,819 Crores in FY24 from ₹2,799 Crores in FY23, indicating expansion and operational scaling.
Profitability: Operating profit margin (OPM) slightly decreased to 2.64% in FY24 from 2.67% in FY23 and 3.18% in FY22, suggesting a marginal decline in profitability. However, the company continues to manage costs efficiently amidst growth.
Earnings per Share (EPS): EPS dropped to ₹21.43 in FY24 from ₹29.50 in FY23 and ₹43.57 in FY22. This decline in EPS, while significant, still reflects a strong earnings potential and the company’s ability to generate profits despite challenges.
Return on Net Worth (RoNW): RoNW decreased to 8.71% in FY24 from 17.86% in FY23 and 31.73% in FY22, reflecting a reduction in return on equity. This decrease is tied to higher liabilities, but the company remains profitable.
Financial Position: Total assets increased to ₹3,819 Crores in FY24, matching the rise in total liabilities. The company’s balanced financial position indicates stability and supports its plans for expansion, investment in innovation and long-term growth.
Aztec Fluids & Machinery Ltd
Aztec Fluids & Machinery Ltd has shown steady growth in revenue and profitability in recent years. Although its profitability has fluctuated, the company remains in a strong financial position, supported by an expanding market for its fluid and machinery solutions.
Revenue Trend: Aztec Fluids & Machinery Ltd reported a steady increase in sales, from ₹45.72 Crores in FY22 to ₹54.25 Crores in FY23 and further growing to ₹67.68 Crores in FY24. This rise indicates a solid market demand and operational expansion.
Equity and Liabilities: Equity capital surged to ₹10 Crores in FY24, up from ₹0.01 Crores in FY22, reflecting strong growth. Total liabilities rose to ₹44.35 Crores in FY24 from ₹27.07 Crores in FY22, driven by increasing operations and expansion efforts.
Profitability: Operating profit margin (OPM) improved to 11.42% in FY24 from 8.70% in FY23, indicating better cost management and operational efficiency compared to the 9.01% achieved in FY22, reflecting the company’s positive financial performance.
Earnings per Share (EPS): EPS showed a significant decrease to ₹6.13 in FY24, compared to ₹15.95 in FY23 and a very high ₹3,110.00 in FY22. The fluctuation suggests changes in profit generation, with substantial volatility in earlier periods.
Return on Net Worth (RoNW): RoNW decreased to 22.69% in FY24 from 25.13% in FY22, indicating a slight decline in the company’s ability to generate returns on equity. However, it remains strong compared to earlier years, showcasing healthy capital utilization.
Financial Position: Aztec Fluids & Machinery Ltd’s total assets mirrored its total liabilities, both rising to ₹44.35 Crores in FY24. The company’s financial stability is supported by a balanced structure, reflecting its expanding business operations and market presence.
Brisk Technovision Ltd
Brisk Technovision Ltd has experienced growth in its financial performance over recent years, demonstrating improved revenue and profitability metrics. Despite some fluctuations, the company remains in a strong financial position, supported by consistent demand for its technological solutions.
Revenue Trend: Brisk Technovision’s sales increased from ₹22.05 Crores in FY22 to ₹18.31 Crores in FY23 and further rose to ₹26.86 Crores in FY24. This growth reflects the company’s expanding market presence and increased demand for its services.
Equity and Liabilities: The company’s equity capital remained steady at ₹2 Crores over the past three years. Total liabilities rose to ₹9.43 Crores in FY24 from ₹6.62 Crores in FY22, indicating a healthy investment in operational expansion.
Profitability: Operating profit margin (OPM) improved to 9.42% in FY24 from 6.67% in FY22, though it decreased slightly from 13.16% in FY23. This reflects effective cost management, despite recent challenges in profitability.
Earnings per Share (EPS): EPS showed strong growth, rising to ₹10 in FY24 from ₹9.25 in FY23 and ₹5.5 in FY22. The increase in EPS indicates the company’s improved profit generation and operational efficiency over the years.
Return on Net Worth (RoNW): RoNW decreased to 29.51% in FY24 from 41.56% in FY23 and 35.60% in FY22, but it remains strong. This decrease reflects increased liabilities, though the company continues to generate solid returns on equity.
Financial Position: Brisk Technovision’s total assets grew in line with its liabilities, reaching ₹9.43 Crores in FY24. The company’s financial position indicates a balanced growth strategy, supporting its ongoing expansion and innovation initiatives in the market.
IPO Financial Analysis
Rashi Peripherals Ltd
| FY 24 | FY 23 | FY 22 | |
| Sales | 11,095 | 9,454 | 9,313 |
| Expenses | 10,802 | 9,201 | 9,017 |
| Operating Profit | 292.9 | 252.94 | 296.73 |
| OPM % | 2.64 | 2.67 | 3.18 |
| Other Income | 24.78 | 14.67 | 8.48 |
| EBITDA | 307.29 | 267.61 | 305.22 |
| Interest | 107.14 | 86.32 | 53.68 |
| Depreciation | 18.88 | 16.67 | 11.69 |
| Profit Before Tax | 191.66 | 164.63 | 239.85 |
| Tax % | 24.94 | 25.08 | 23.91 |
| Net Profit | 143.86 | 123.34 | 182.51 |
| EPS | 21.43 | 29.5 | 43.57 |
| Dividend Payout % | 0 | 0.08 | 0.05 |
All values in ₹ Cr.
Aztec Fluids & Machinery Ltd
| Mar 2024 | Mar 2023 | Mar 2022 | |
| Sales | 67.68 | 54.25 | 45.72 |
| Expenses | 59.95 | 49.53 | 41.6 |
| Operating Profit | 7.73 | 4.72 | 4.12 |
| OPM % | 11.42% | 8.70% | 9.01% |
| Other Income | 1.31 | 0.27 | 0.71 |
| Interest | 0.59 | 0.4 | 0.37 |
| Depreciation | 0.3 | 0.3 | 0.32 |
| Profit before tax | 8.15 | 4.29 | 4.14 |
| Tax % | 24.66% | 25.64% | 24.88% |
| Net Profit | 6.13 | 3.19 | 3.11 |
| EPS in Rs | 6.13 | 15.95 | 3,110.00 |
| Dividend Payout % | 244.70% | 94.04% | 9.65% |
All values in ₹ Cr.
Brisk Technovision Ltd
| Mar 2024 | Mar 2023 | Mar 2022 | |
| Sales | 26.86 | 18.31 | 22.05 |
| Expenses | 24.33 | 15.9 | 20.58 |
| Operating Profit | 2.53 | 2.41 | 1.47 |
| OPM % | 9.42% | 13.16% | 6.67% |
| Other Income | 0.19 | 0.09 | 0.03 |
| Interest | 0.01 | 0.01 | 0.02 |
| Depreciation | 0.02 | 0.02 | 0.03 |
| Profit before tax | 2.69 | 2.47 | 1.45 |
| Tax % | 25.65% | 25.10% | 24.83% |
| Net Profit | 2 | 1.85 | 1.1 |
| EPS in Rs | 10 | 9.25 | 5.5 |
| Dividend Payout % | 0.00% | 15.14% | 0.00% |
All values in ₹ Cr.
About the Company
Rashi Peripherals Ltd
Rashi Peripherals Ltd has shown consistent growth in recent years, reflecting its strong market presence in the IT peripherals sector. The company has expanded its product offerings and continues to demonstrate solid financial stability, driven by a wide distribution network and strategic partnerships.
With steady revenue growth, Rashi Peripherals has improved its operational efficiency and profitability. Its equity base is robust and it has managed its liabilities effectively, which has helped the company to scale operations and enhance its position in the competitive peripherals market.
Aztec Fluids & Machinery Ltd
Aztec Fluids & Machinery Ltd has displayed consistent revenue growth and operational improvements in recent years. Its sales have increased steadily, reflecting a growing demand for fluid and machinery solutions. The company has made strategic investments to enhance its production capabilities.
Despite fluctuations in profitability, Aztec Fluids & Machinery Ltd remains in a strong financial position, supported by expanding operations. The company’s increase in equity capital and stable asset growth signals its ongoing investment in infrastructure and product innovation to meet market demands.
Brisk Technovision Ltd
Brisk Technovision Ltd has shown impressive growth, with a solid increase in sales and profitability. The company has consistently managed to improve its operating profit margins, despite fluctuations in overall market conditions. Strong market demand for its technology solutions has bolstered its performance.
With a focus on cost optimization, Brisk Technovision Ltd has managed its liabilities effectively. Its equity capital remains stable and the company continues to invest in growth opportunities. A robust financial position enables Brisk Technovision to expand its product offerings and increase market share.
Advantages of Investing in Computer Hardware Sector IPOs
The main advantages of investing in computer hardware sector IPOs include the growing demand for digital products, government initiatives to boost manufacturing, technological innovation and expanding global market reach. These factors make the sector attractive for long-term investors.
- Growing Digital Demand: As businesses and consumers increasingly adopt digital technologies, demand for computers and hardware components rises, creating strong growth prospects for companies in this sector.
- Government Support: Initiatives like “Make in India” and Atmanirbhar Bharat aim to boost local manufacturing, benefiting domestic computer hardware companies and enhancing their profitability.
- Technological Innovation: Advancements in computing power, AI and 5G infrastructure create fresh opportunities for hardware manufacturers, ensuring future demand for new products.
- Global Market Reach: Many Indian hardware companies are expanding into international markets, enabling them to diversify revenue streams and enhance growth potential.
Disadvantages of Investing in Computer Hardware Sector IPOs
The main disadvantages of investing in Computer hardware sector IPOs include high capital requirements, intense competition, vulnerability to raw material price fluctuations and dependency on global supply chains. These risks should be carefully considered before investing.
- High Capital Requirements: Manufacturing cutting-edge hardware requires significant investment in technology, infrastructure and R&D, potentially affecting short-term profitability and liquidity.
- Intense Competition: The sector is highly competitive, with both local and global players vying for market share, which can result in price wars and squeezed profit margins.
- Raw Material Price Fluctuations: The cost of raw materials like semiconductors and metals can fluctuate, impacting production costs and profit margins for hardware manufacturers.
- Supply Chain Dependency: Computer hardware companies are often dependent on global supply chains for components, making them vulnerable to disruptions, trade policies, or geopolitical tensions.
Role of the Computer Hardware Industry in the Economy
The computer hardware industry plays a crucial role in driving India’s digital infrastructure growth, powering sectors like education, healthcare and business. It also supports technology innovation, contributing significantly to economic development and job creation.
Additionally, the sector is pivotal in reducing India’s dependence on imports, supporting the government’s vision of self-reliance. With increasing demand for advanced hardware solutions, this industry strengthens India’s position in the global technology and manufacturing landscape.
How to invest in computer hardware IPOs?
- Research the Company: Understand the company’s financials, business model, competitive edge and potential for growth within the hardware sector.
- Study the IPO Prospectus: Review the prospectus for company valuation, use of proceeds and risk factors involved in the investment.
- Open Demat Account: Ensure you have an active Demat account with a registered broker like Alice Blue to apply for IPOs.
- Apply via ASBA/UPI: Use ASBA or UPI to submit your application through the trading platform or your bank during the IPO subscription period.
- Track Allotment Status: Monitor the status of your allotment and plan your strategy based on the listing price and market conditions.
Future Outlook of Computers Hardware IPOs in India
The future outlook for computer hardware IPOs in India is positive, driven by government initiatives to boost domestic manufacturing, rising demand for consumer electronics and digital infrastructure development. The sector stands to benefit from both domestic consumption and export potential.
As India seeks to strengthen its position in the global electronics supply chain, the demand for locally manufactured hardware components will rise. The continued push for innovation in 5G, AI and IoT technologies further positions the sector for growth, attracting investor interest.
Computers Hardware IPOs in India – FAQ
A computer hardware IPO is when a company in the computer hardware sector offers its shares to the public for the first time, allowing investors to buy equity in the company.
Major computer hardware companies in India that have launched IPOs include Acer India, VST Tillers Tractors and Aster DM Healthcare, which deals in technology and hardware solutions.
Computer Hardware IPOs provide investment opportunities in a growing sector, boost market liquidity and attract capital to companies developing tech products, supporting India’s push for digital transformation and self-reliance.
The largest Computer Hardware IPO in India was Aster DM Healthcare Ltd., raising significant capital to expand its presence in India and other international markets.
To invest in Computer Hardware IPOs, open a Demat and trading account with a broker like Alice Blue, apply for shares via your broker and monitor IPO listings on stock exchanges like NSE or BSE.
Computer hardware IPOs can be suitable for long-term investment if the company demonstrates growth, stability and innovation in the tech sector. Always assess the company’s fundamentals and market potential.
Computer hardware IPOs can be profitable, especially when companies innovate and grow in the competitive tech sector. However, profitability depends on market conditions, company performance and investor timing.
Yes, several computer hardware IPOs are expected in the coming years as India continues to develop its tech infrastructure and companies in the sector seek to raise capital for expansion
Detailed reviews and analysis of computer hardware IPOs can be found on platforms like Alice Blue, financial news websites, stock market blogs and IPO advisory services, providing insights into potential investments.
Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
