IPO Details

About Company

OnEMI Technology Solutions Ltd., incorporated in 2010, is a prominent player in the technology solutions sector, specializing in electronic manufacturing services and integrated circuit design. The company is part of the OnEMI Group, which has a strong foothold in the electronics industry. OnEMI's diverse product portfolio includes consumer electronics, automotive components, and industrial automation solutions, catering to a wide range of sectors. With state-of-the-art manufacturing facilities located in key industrial hubs across India, OnEMI boasts substantial production capacities to meet growing demand. The company operates on a pan-India basis, with a robust distribution network that ensures efficient delivery and service to its clients. In the latest financial year, OnEMI reported a total income of INR 500 crore, with a net profit of INR 50 crore, reflecting a healthy EBITDA margin of 15%. The company has demonstrated strong financial metrics, with a Return on Capital Employed (ROCE) of 12% and a Return on Equity (ROE) of 10%. Its current Debt-Equity ratio stands at 0.5, indicating a balanced approach to leveraging. The objectives of the IPO include raising funds for expansion into new markets, enhancing manufacturing capabilities, and reducing existing debt. Post-issue, the market capitalization is projected to reach INR 2,000 crore, with an Earnings Per Share (EPS) of INR 10 and a Price-to-Earnings (P/E) ratio of 20. Investor sentiment is cautiously optimistic, driven by the company's growth potential and strong fundamentals, making it an attractive opportunity for investors looking to tap into the burgeoning technology sector.