IPD Group

  1. 854 Posts.
    lightbulb Created with Sketch. 68
    IPD group is gearing up for IPO. It is an electrical products distributor and have major clients in Australia including including MMEM Group and Rexcel.

    Revenue: 2020 : $87 million in revenue. 2021: $150 million
    Forecast: $170 million in 2022
    EV: $100 million
    Valuation: 5.6x (EV/EBITDA)
    Broker: Bell Porter
    Growth rate: Between the 2019 financial year and 2022, it has projected compound annual growth rate of about 30 per cent.
    IPO Raise amount: $40 million
    Cash: $17million

    Overall, IPD group is looking good prospect for IPO. Has anyone been tracking as well?
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.