Associated Coaters Limited IPO
BSE SMEListed On: Jun 6, 2024 at ₹ 142.0
₹ 121000 /1000 Shares
Check Allotment30 May, 2024
Open Date03 Jun, 2024
Close Date04 Jun, 2024
Allotment Date06 Jun, 2024
Listing DateIssue Price
₹121 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
142.0Listing Date
2024-06-06Market Lot
1000 Shares (₹121,000/-)Lead Manager
Gretex Corporate Services LimitedIssue Size
422,000 shares(aggregating up to ₹5.11 Cr)Retail Portion
50%Subscription
371.14 times
The IPO of Associated Coaters Limited is priced at ₹121 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.
Associated Coaters Limited IPO bid opening date is from May 30, 2024 and the bid closing date was Jun 3, 2024.
Associated Coaters Limited IPO allotment result will be available on Jun 4, 2024. The tentative listing date for Associated Coaters Limited is Jun 6, 2024.
The total issue size is 422,000 shares(aggregating up to ₹5.11 Cr).
Associated Coaters Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 178,000 | 178,000 | 356,000 |
| Day 1 - 30-05-24 06:00 PM | 2.89 x | 17.97 x | 10.43 x |
| Day 2 - 31-05-24 06:00 PM | 8.98 x | 52.19 x | 30.59 x |
| Day 3 - 03-06-24 06:00 PM | 239.63 x | 494.99 x | 371.14 x |
Associated Coaters Limited Valuations
EPS Pre IPO
₹5.84/-EPS Post IPO
₹4.91/-P/E Pre IPO
20.72P/E Post IPO
24.62ROE
71.66%ROCE
68.30%Debt/Equity
0.07RoNW
53.69%PAT Margin
19.08Price to Book Value
7.98Associated Coaters Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 296.12 | 201.81 | N/A |
| Revenue | 358.94 | 139.41 | N/A |
| Profit After Tax | 54.30 | 13.67 | N/A |
About The Company
Associated Coaters Limited is a company that started its operations in the year 2017, providing pre-treatment and powder coating services for aluminium extrusions in architectural and Real Estate Industries.
The annual capacity of 1,200 metric tons has two coating plants: Automatic Coating Plant, and Manual Coating Plant. That makes us a leader in eastern India for aluminum extrusion coating.
The company runs two manual powder coating plants and one fully automatic powder coating plant established in July 2017.
As an ISO 9001:2015-certified organization, the company runs a strong Quality Management System.
On November 30, 2023, the company had 15 dedicated employees in various roles.
Associated Coaters Limited - Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 68.79%
- Jagjit Singh Dhillon
- Navneet Kaur
Associated Coaters Limited IPO - Issue Objectives
- Funding capital expenditure towards installation of plant & machinery in the existing premises
- Working Capital Requirements
- General Corporate Purposes.
Other Details
Associated Coaters Limited
Ashuti Khanberia Maheshtala LP, 20/83/46, Kolkata, Vivekanandapur, South 24 Parganas, , Thakurpukur MahestolaBigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Associated Coaters Limited IPO - FAQs
Ans. Associated Coaters Limited IPO is a SME IPO. The issue is priced at ₹121 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on May 30, 2024, and closes on Jun 3, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Associated Coaters Limited IPO opens on May 30, 2024 and closes on Jun 3, 2024.
Ans. The size of Associated Coaters Limited IPO is 422,000 shares(aggregating up to ₹5.11 Cr).
Ans. The IPO price band is set between ₹121 per equity share.
Ans. To apply for Associated Coaters Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Associated Coaters Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Associated Coaters Limited IPO is Jun 4, 2024.
Ans. The Associated Coaters Limited IPO will be listed on Jun 6, 2024.
Ans. Follow the steps to check the allotment status for Associated Coaters Limited IPO here.
