P E Analytics SME
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Issue details
- IPO date
- 22 Mar 2022 – 25 Mar 2022
- Listing date
- 04 Apr 2022
- Face value
- ₹10 per share
- Issue price
- ₹114 per share
- Lot size
- 1,200 shares
- Total issue size
- ₹31.60 Cr
- Market cap at offer price
- ₹120 Cr
- Promoter holding
- 96.11% → 70.20% pre-issue → post-issue
- ISIN
- INE0KN801013
- Registrar
- Bigshare Services Pvt.Ltd.
- Lead managers
- Sarthi Capital Advisors Pvt.Ltd.
- Registered office
- D-4, Commercial Complex, Paschimi Margvasant Vihar, New Delhi
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 7,88,400 | — | — |
| Market maker | 1,39,200 | — | — |
Application size
Minimum 1,200 shares per lot, in multiples, at ₹114
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,200 | ₹1,36,800 |
| S-HNI (min) | 2 | 2,400 | ₹2,73,600 |
| S-HNI (max) | 7 | 8,400 | ₹9,57,600 |
| B-HNI (min) | 8 | 9,600 | ₹10,94,400 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 2,161.47 | — |
| P/E (×) | 0.05 | — |
| Market cap | — | ₹120 Cr |
Key performance indicators
- Return on net worth
- 25.80%
- PAT margin
- 35.03%
- NAV per share
- ₹8,376.75
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
About P E Analytics SME
P.E. Analytics Limited, incorporated on January 08, 2008 and converted to public limited company on February 08, 2022, is engaged in providing proprietary Real Estate Business Intelligence and Analytics platform on a B2B business model. The company has established itself as India's most comprehensive Business Intelligence platform for real estate through in-depth research, authentic database, and years of experience. It provides authenticate real estate data, analytics, and market research reports available on various formats and pricing on annual subscription basis and ad hoc reports as per requirement of users. The company serves various users including developers, construction industry, investors, banks, housing finance companies, equity research firms, real estate PE funds, REITs, financial institutions, mortgage insurers, HNIs, and lenders.
Company Analysis
from RHPP.E. Analytics Limited (PropEquity) provides proprietary Real Estate Business Intelligence and Analytics platform services on a B2B subscription basis to real estate industry participants including developers, investors, banks, and financial institutions.
P.E. Analytics Limited, incorporated on January 08, 2008 and converted to public limited company on February 08, 2022, is engaged in providing proprietary Real Estate Business Intelligence and Analytics platform on a B2B business model. The company has established itself as India's most comprehensive Business Intelligence platform for real estate through in-depth research, authentic database, and years of experience. It provides authenticate real estate data, analytics, and market research reports available on various formats and pricing on annual subscription basis and ad hoc reports as per requirement of users. The company serves various users including developers, construction industry, investors, banks, housing finance companies, equity research firms, real estate PE funds, REITs, financial institutions, mortgage insurers, HNIs, and lenders.
Objects of the Issue
- Expenditure for Technological upgradation ₹216.00 lakhs p.17
- Retail Initiative (B2C Expansion plan) ₹925.46 lakhs p.17
- General Corporate purposes ₹413.82 lakhs p.17
- Issue Expenses ₹50.00 lakhs p.17
- Expenditure for Technological upgradation ₹216.00 lakhs p.67
- Retail Initiative (B2C Expansion Plan) ₹925.46 lakhs p.67
- General Corporate purposes ₹413.82 lakhs p.67
- To meet Issue Expenses ₹50.00 lakhs p.67
- Funding capex and working capital requirements ₹1,655.28 lakhs (Fresh Issue portion) p.207
Issue Structure
- Total Issue
- ₹3160.08 lakhs
- Fresh Issue
- ₹1655.28 lakhs (Up to 14,52,000 Equity Shares)
- Offer for Sale
- ₹1504.80 lakhs (Up to 13,20,000 Equity Shares by Samir Jasuja)
- Price Band
- ₹114 per Equity Share (including a share premium of ₹104 per Equity Share)
- Lot Size
- 1,200 Equity Shares (Bid Lot)
- Face Value
- ₹10.00 per Equity Share
Business Model
The company earns revenue through annual subscription basis for accessing proprietary Real Estate Business Intelligence and Analytics platform and ad hoc reports as per requirement of users on B2B business model.
Business Segments
SWOT Analysis
- • Proprietary real estate business intelligence platform with comprehensive database(p.17)
- • Established brand reputation and market position in real estate analytics(p.27)
- • Profitable business with positive cash flows and strong net worth(p.40)
- • Minimal debt burden with strong financial position(p.18)
- • Extensive pan-India proprietary database with 13+ years of historical data across 44 cities(p.87)
- • Market leadership in B2B real estate data analytics with established track record(p.98)
- • High-end technology infrastructure with significant capital investment in data platform(p.97)
- • Highly talented and specialized team with professionals from finance, engineering, and IT backgrounds(p.97)
- • Esteemed clientele including leading private equity funds, banks, and developers(p.98)
- • Multiple data collection sources (average 14 sources) with rigorous quality control(p.88)
- • Comprehensive real estate analytics platform with authentic database(p.164)
- • Strong financial performance with significant revenue growth and profitability improvement(p.170)
- • Minimal financial leverage with negligible debt obligations(p.145)
- • Substantial cash reserves and liquid investment portfolio(p.141)
- • Highly profitable with strong margins(p.171)
- • High revenue concentration risk from key clients(p.21)
- • Dependence on key personnel including promoter and management(p.24)
- • Reliance on third-party data sources with accuracy concerns(p.26)
- • Litigation involving promoter in criminal and civil matters(p.18)
- • All offices located on leased premises with renewal risks(p.30)
- • Heavy dependence on B2B segment with limited revenue diversification(p.69)
- • No prior experience in B2C segment with unproven business model(p.69)
- • Significant planned capital expenditure with unproven returns on B2C expansion(p.69)
- • Small team relative to business scope with only 212 full-time employees(p.101)
- • Highly fragmented competitive market with multiple local and domestic players(p.101)
- • High concentration of revenue streams in subscription-based services(p.152)
- • Significant exposure to doubtful trade receivables(p.150)
- • Single promoter concentration risk(p.144)
- • Dependence on key personnel including directors(p.165)
- • Growth in Indian analytics and data science industry post-pandemic(p.17)
- • Expansion of B2C retail initiative alongside existing B2B business(p.17)
- • Technological upgradation to enhance platform capabilities(p.17)
- • Continued evolution of analytics industry with increasing demand for data-driven decision making(p.17)
- • Massive growth in Indian real estate sector expected to reach $1 trillion by 2030(p.84)
- • Rapid urbanization driving demand for residential and commercial real estate(p.84)
- • Expanding institutional investment in real estate with strong growth trajectory(p.84)
- • Rising demand for affordable housing in Tier 2 and Tier 3 cities(p.84)
- • Planned expansion into B2C retail segment to capture underserved market(p.69)
- • Growing demand for real estate data analytics as transparency increases(p.86)
- • Expansion of real estate analytics services across India(p.164)
- • Growth through professional services revenue stream(p.152)
- • Potential for market expansion given minimal competition(p.174)
- • Capacity to leverage strong cash position for growth initiatives(p.141)
- • Intense competition from local and international competitors(p.24)
- • COVID-19 pandemic impacts on business operations and economic conditions(p.36)
- • Slowdown in Indian economic growth affecting business demand(p.37)
- • Changes in government regulations and tax policies affecting operations(p.37)
- • Dependence on third-party telecommunications and IT infrastructure(p.25)
- • Inflation increasing operational costs without proportionate revenue increase(p.38)
- • Real estate market cyclicality and volatility impacting demand for analytics(p.86)
- • Dependence on real estate sector performance which experienced significant COVID-19 impact(p.81)
- • Global economic uncertainty with moderating growth forecast(p.80)
- • Regulatory and compliance risks in IT and data security domains(p.103)
- • New COVID variants posing threat to economic recovery(p.80)
- • Risk of technology obsolescence requiring continuous investment(p.100)
- • Economic uncertainty and potential adverse impact from COVID-19 pandemic(p.165)
- • Dependence on technology infrastructure subject to failures and defects(p.165)
- • Exposure to macroeconomic and regulatory changes(p.165)
- • Real estate market cyclicality and economic sensitivity(p.165)
- • Exposure to significant trading losses in derivatives markets(p.155)
Promoters
| Name | Role | Pre-Issue | Post-Issue |
|---|---|---|---|
| Samir Jasuja | Promoter | 96.10% | 70.20% |
| Vaishali Jasuja | Promoter Group | Negligible | — |
| Samir Jasuja | Promoter | 96.10% | 70.20% |
| Vaishali Jasuja | Promoter Group | 0.01% | 0.00% |
| Samir Jasuja | Promoter | 100.00% | — |
| Samir Jasuja | Selling Shareholder / Promoter | — | — |
Leadership
Auto-extracted from the company's RHP using AI, with each fact linked to its source passage (hover any row to see the quote & page). Provided for research only, not investment advice — verify against the official RHP before relying on it.