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?
