Droom Ltd. IPO

CLOSED
MAINBOARD

BSE • Lot Size: 111 • Others

Price Band

₹128 - ₹135

Lot Size

111

Issue Size

₹122.31 Cr

GMP

N/A

Subscription

N/A

Analyzing...

IPO Schedule

1

Open

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2

Close

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3

Allotment

-

4

Listing

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About Droom Ltd.

Droom Ltd. operates an online platform for buying and selling used and new automobiles in India. They offer a wide range of vehicles and related services.

Key Strengths

  • Established online marketplace for automobiles in India.
  • Large and diverse vehicle inventory available on the platform.
  • Technology-driven platform with focus on data analytics and AI.
  • Strong brand recognition and customer base.
  • Potential for growth in the expanding Indian automobile market.

Risk Factors

  • Intense competition from other online and offline automobile marketplaces.
  • Dependence on the availability of vehicles and the willingness of sellers to list on the platform.
  • Fluctuations in the automobile market and economic conditions.
  • Regulatory changes impacting the automobile industry.

Valuation Analysis

Considering the P/E ratio of 19.56 and ROE of 13.53%, the IPO appears reasonably valued compared to industry peers, but investors should carefully evaluate the growth potential and associated risks.

IPO Details

ExchangeBSE
SegmentMAINBOARD
ISININE1BZC01019
NSE Symbol544564 / OMFREIGHT
Face Value10
Lot Size111
Issue Size₹122.31 Cr

Key Metrics

ROE13.53%
ROCE15.80%
P/E Ratio19.56
Industry P/E20
EPS6.90
PAT Margin4.49%
Debt/Equity0.17

Growth & Quality

Revenue Growth (YoY)-15.0%
ProfitableYes ✓
Anchor Investors51

Documents

Key Dates

Open Date-
Close Date-