Associated Coaters Limited IPO
Associated Coaters Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹121 per share. The stock debuted at ₹142, delivering a listing gain of 17.4%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,21,000.
Associated Coaters Limited IPO
- IPO Dates
- May 30, 2024 – Jun 3, 2024
- Price band
- ₹121 per equity share
- Minimum Investment
- ₹1,21,000
- Issue size
- ₹5.11 Cr
- Lot size
- 1000
- Allotment Date
- Jun 4, 2024
- Listing
- Jun 6, 2024
- Listing At
- BSE SME
IPO timeline
-
May 30, 2024
Open Date
Completed
-
Jun 3, 2024
Close Date
Completed
-
Jun 4, 2024
Allotment Date
Completed
-
Jun 6, 2024
Listing Date
Completed
Associated Coaters Limited IPO Essentials
Associated Coaters Limited IPO Details
Associated Coaters Limited IPO is priced at ₹121 per share with a total issue size of 5.11 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.
- Issue price
- ₹121 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 422,000 shares(aggregating up to ₹5.11 Cr)
- Total issue size
- 4,22,000 shares
(aggregating up to ₹5.11 crore) - Fresh issue
- 4,22,000 shares
(aggregating up to ₹5.11 crore) - Listing at
- BSE SME
- List price
- 142.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Gretex Corporate Services Limited
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,21,000 |
| Retail(max) | 1 | 1000 | ₹1,21,000 |
| NII (min) | 2 | 2000 | ₹2,42,000 |
Associated Coaters Limited IPO Reservation
Associated Coaters Limited IPO reservation details show category-wise allocation of shares. Out of the total 422,000 shares, approximately 42.18% for retail investors, and 15.64% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - (NA%) | |
| Market Maker Shares Offered | 66,000 (15.64%) | |
| Retail Shares Offered | 178,000 (42.18%) | |
| Total Shares Offered | 422,000 (100%) |
Associated Coaters Limited IPO Analytics
Associated Coaters Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Associated Coaters Limited IPO Subscription Status
Associated Coaters Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹5.84/-
- EPS Post IPO
- ₹4.91/-
- P/E Pre IPO
- 20.72
- P/E Post IPO
- 24.62
Returns
- ROE
- 71.66%
- ROCE
- 68.30%
- RoNW
- 53.69%
- PAT Margin
- 19.08
Fundamentals
- Debt / Equity
- 0.07
- Price / Book
- 7.98
Associated Coaters Limited Financials( In Lakhs)
| 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 |
Associated Coaters Limited Company & Offer Insights
About Associated Coaters Limited
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)
Jagjit Singh Dhillon, Navneet Kaur are the company's promoters of Associated Coaters Limited.
Associated Coaters Limited IPO Issue Objectives
- •
- Funding capital expenditure towards installation of plant & machinery in the existing premises
- •
- Working Capital Requirements
- •
- General Corporate Purposes.
Contact Information
Contact Details
Associated Coaters Limited
+91 98304 37701
Ashuti Khanberia Maheshtala LP, 20/83/46, Kolkata, Vivekanandapur, South 24 Parganas, , Thakurpukur Mahestola
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Associated Coaters Limited IPO is a Fixed Priced IPO worth ₹5.11 crore. The issue price is ₹121 per share (fixed price). The IPO opens on May 30, 2024 and closes on Jun 3, 2024. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Associated Coaters Limited IPO is ₹121 per share (fixed price).
The lot size of Associated Coaters Limited IPO is 1000 shares.
The minimum investment for Associated Coaters Limited IPO is approximately ₹1,21,000 based on the issue price .
Associated Coaters Limited IPO opens on May 30, 2024 and closes on Jun 3, 2024.
The allotment date of Associated Coaters Limited IPO is Jun 4, 2024.
Associated Coaters Limited IPO is expected to be listed on Jun 6, 2024, on BSE SME Platform.
Associated Coaters Limited IPO valuation snapshot: P/E 24.62, EPS ₹4.91/-, P/B 7.98, RoNW 53.69%, and market cap N/A.
To apply for Associated Coaters Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Associated Coaters Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Associated Coaters Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Associated Coaters Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Associated Coaters Limited IPO allotment status on IPO Ji for quick and easy access.