PE Analytics IPO

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(i) PE Analytics was incorporated on January 08, 2008 as a private limited company under the provisions of the erstwhile Companies Act, 1956 with the Registrar of Companies, New Delhi in the name and style of P.E. Analytics Private Limited.

(ii) It provides proprietary Real Estate Business Intelligence and Analytics platform on B2B business model to various users such as Developers, construction industry, Investors, Banks, Housing finance companies, Equity research firms, real estate PE funds, REIT’s, financial institutions, Mortgage Insurers, HNIs, Lenders and Investors in real estate.

(iii) Company has in depth research, authentic data base and years of experience, unbiased and credible data,  due to which it has quickly transformed itself into India’s largest and most comprehensive Business Intelligence platform for real estate in India.

(iv) The company 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. Their products are considered as a premier Business Intelligence product- a first of its kind in India in the Realty space.

(v) Their principal business lines are characterised by their market-leading positions, high barriers to entry, PAN India footprint and potential for long-term growth. In order to capitalize on the opportunities available to us and to drive long-term value.

PE Analytics Data Base:

(i) The proprietary database, covers pan India footprint across 44 cities, real estate data covering more than data 180 points over 13 years and over 156 months on month data base.

(ii) They have coverage of over 42,000 developers, over 1,36,000 projects in India and over 97,00,000 units.

(iii) The transparency of the Real estate markets and availability of information varies greatly by cities and markets, the team at P.E. Analytics works hard to capture all relevant information possible. Accuracy in Data collection in an opaque real estate market such as India is a function of team competency and size, methodology, coverage and most importantly investment.

(iv) P.E. Analytics has already made investments of the highest scale in terms of capital and resources to ensure that the quality of intelligence that reaches the clients is accurate, decisive and directional.

Objects of the PE Analytics IPO:

It is a mix of Fresh Issue (14.52 Lakh Shares ) and OFS (13.2 Lakh Shares). The Fresh issue will be used for following purpose. 1) Expenditure for Technological upgradation; 2) Retail Initiative (B2C Expansion plan); 3) General Corporate purposes; 4) To meet Issue Expenses.
DRHP of PE Analytics IPO

PE Analytics IPO Details:

Open Date: Mar 22 2022
Close Date: Mar 25 2022
Total Shares: 2,772,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Building
Issue Size: 31.60 Cr.
Lot Size: 1200 Shares
Issue Price: ₹ 111-114 Per Equity Share
Listing At: NSE Emerge
Listing Date: Apr 04 2022

Promoters And Management:

1. Mr. Samir Jasuja, (Managing Director): Mr. Samir Jasuja, aged 51 years, is a Promoter and Managing Director of the Company. He is a Post Graduate in Business Management (Specialization in finance) from Fore school of Management in the year 1996. He is a well-organized, experienced professional with strong analytical and interpersonal skills. In the 25 years of his professional life he has garnered a reputation for integrity, dynamism, multi-tasking, excellence in performance, accountability and people management. 2. Mrs. Vaishali Jasuja, (Director): Mrs. Vaishali Jasuja, aged 49 years is the Director of the Company. She has played an integral role in the creation and development of PropEquity, P E Analytics’ advanced online search platform for data and analytics covering the Indian Real Estate Industry. As a Director on the company and Executive Vice President- Client Engagement, Vaishali is responsible for client servicing including revenue protection. 3. Ms. Pooja Verma, (Director): Ms. Pooja Verma, aged 47 years is a Qualified senior management professional with 25 years of experience in information management in field of Real Estate. Heading the data operations for the most premier real estate data and analytics engine in India. Industry experience comprising data management, operations, people management and transactions. Present role as Operations Head, responsible for Direction, Leadership, General Management including all aspects of Business.

Financials of PE Analytics IPO:

Particulars (in Lakhs) Sep-21 Mar-21 Mar-20 Mar-19
Sales 1,137 1,801 1,562 1,488
Employee Benefits Expense 519 849 825 770
Other Expenses 117 166 720 345
Operating Profit 501 786 17 373
OPM % 44.06% 43.64% 1.09% 25.07%
Other Income 78 175 162 125
Interest 0.03 0.18 0.22 0.17
Depreciation 16 33 28 19
Profit before tax 563 928 151 480
Total Tax Exps 152 236 34 132
Net Profit 411 692 117 348
NPM % 36.15% 38.42% 7.49% 23.39%
No. of shares 105 105 105 105
EPS in Rs 3.91 6.59 1.11 3.31
Note: No. of Shares of 1.05 Crores are taken based on post-IPO share capital.

Comparison With Peers:

Name of the Company Face Value EPS PE RoNW Sales (In Lakhs) PAT (In Lakhs)
P.E Analytics Limited 10 6.59 17.2x 25.79% 1,801 667
Latent View Analytics Ltd 10 5 70.47x 22.80% 30600 9,146
Note: Data of FY21 is taken for calculation.

Recommendation on PE Analytics IPO:

Review and Recommendation of  PE Analytics IPO by InvestorZone is 4/10 1. Top line is growing at reasonable 10%. 2. EBITDA Margins have increased from 25% to 43% is a good sign for the business. 3. Net-Profit is almost doubled from 3.48 Crores to 6.92 Crores in the last 3 years. 4. Management many times is engaged in the FnO activity and lost lot of money especially in FY20. Why they need to engage in such activities is big risk in the company. 5. IPO is priced reasonably at P/E of 17x based on FY21 financials.

Lead Manager of PE Analytics IPO:

  1. Sarthi Capital Advisors Private Limited

Registrar of PE Analytics IPO:

  1. Bigshare Services Private Limited

Company Address:

D-4, Commercial Complex, Paschimi Marg, Vasant Vihar, New Delhi-10057

Discussion on PE Analytics IPO:

4 Comments

    Founded in February, 2007 and among the first Real Estate Research, Data and Analytics companies in India, PropEquity combines advanced analytics expertise and decades of Consulting experience to add immeasurable value to organizations. PropEquity is the only advanced online search platform for real time data and analytics for the Indian Real Estate Industry and generates insightful analysis for all verticals under residential, commercial and retail sectors from a macro to a micro level.

    Reply

    PE Analytics if you see Fy20, there other expenses increased from 3.48 Cr to 7.20 Crores which has dented the profit…..If you dig more you will find that in Fy20, they have a loss of 4.37 Crores on FnO Trading. 😜

    Reply

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