IPO

Associated Coaters Limited IPO

BSE SME

Listed On: Jun 6, 2024 at ₹ 142.0

₹ 121000 /1000 Shares

Check Allotment

Associated Coaters Limited IPO Details

30 May, 2024

Open Date

03 Jun, 2024

Close Date

04 Jun, 2024

Allotment Date

06 Jun, 2024

Listing Date

Issue Price

₹121 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

142.0

Listing Date

2024-06-06

Market Lot

1000 Shares (₹121,000/-)

Lead Manager

Gretex Corporate Services Limited

Issue Size

422,000 shares(aggregating up to ₹5.11 Cr)

Retail Portion

50%

Subscription

371.14 times

IPO Docs

DRHP RHP

Associated Coaters Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved178,000178,000356,000
Day 1 - 30-05-24 06:00 PM2.89 x17.97 x10.43 x
Day 2 - 31-05-24 06:00 PM8.98 x52.19 x30.59 x
Day 3 - 03-06-24 06:00 PM239.63 x494.99 x371.14 x
Total No. of Applications: 1,31,588 (Approx)

Associated Coaters Limited Valuations

EPS Pre IPO

₹5.84/-

EPS Post IPO

₹4.91/-

P/E Pre IPO

20.72

P/E Post IPO

24.62

RoNW

%

Associated Coaters Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets296.12201.81N/A
Revenue358.94139.41N/A
Profit After Tax54.3013.67N/A

About The Company

Associated Coaters Limited provides services for pre-treatment and powder coating of aluminium extrusions in the architectural and Real Estate Industries.

The company's annual capacity is 1,200 metric tons, with an Automatic Coating Plant and a Manual Coating Plant, making us a key player in eastern India for aluminium extrusion coating.

The company operates two manual powder coating plants and one fully automatic powder coating plant established in July 2017.

The company follows a strong Quality Management System as an ISO 9001:2015-certified organization.

On November 30, 2023, the company had 15 dedicated employees in various roles.

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Associated Coaters Limited - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

  1. Jagjit Singh Dhillon
  2. Navneet Kaur

Associated Coaters Limited IPO - Issue Objectives

  1. Funding capital expenditure towards installation of plant & machinery in the existing premises
  2. Working Capital Requirements
  3. General Corporate Purposes.

Other Details

Company Contact Details

Associated Coaters Limited

Ashuti Khanberia Maheshtala LP, 20/83/46, Kolkata, Vivekanandapur, South 24 Parganas, , Thakurpukur Mahestola

Phone: +91 98304 37701

Email: info@associatedcoaters.in

Website: https://associatedcoaters.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

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.