Contents
- 1 Table of Contents
- 2 Associated Coaters IPO Details
- 3 Associated Coaters IPO Date
- 4 Associated Coaters IPO GMP (Grey Market Premium)
- 5 Associated Coaters IPO Subscription Status
- 6 Associated Coaters IPO Allotment Status
- 7 Know About Company
- 8 Objects of the Issue of Associated Coaters Limited IPO
- 9 Associated Coaters Limited Promoters Holding
- 10 Associated Coaters Limited Financial Report (Retested)
- 11 Key Performance Indicator of Associated Coaters Limited
- 12 Peer Group Of Associated Coaters Limited
- 13 Review Of Associated Coaters IPO
- 14 FAQs of Associated Coaters Limited IPO
Associated Coaters IPO: Associated Coaters Limited going to launch its IPO. Associated Coaters IPO is open for subscription on May 30, 2024, and subscriptions close on June 3, 2024.
The Associated Coaters IPO is offering 4.22 lakh fresh shares at a fixed price of Rs 5.11 crores. The allotment of the IPO on the date of June 4, 2024, and the Associated Coaters SME IPO will be listed on BSE SME on June 6, 2024.
The Associated Coaters IPO is selling each share at ₹121. To apply, retail investors need to buy at least 1000 shares, which totals ₹121,000. For High Net Worth Individuals (HNI), the minimum investment is 2 lots, equaling 2000 shares or ₹242,000.
Table of Contents
Associated Coaters IPO Details
| Open Date | May 30, 2024 |
| Close Date | June 03, 2024 |
| Listing Date | June 06, 2024 |
| IPO Size | 4.16 lakh fresh shares Aggregating up to ₹5.04 Cr |
| Fresh Issue | 4,16,400 fresh shares Aggregating up to ₹5.04 Cr |
| Face Value | ₹10 per share |
| IPO Price Band | ₹121 per share |
| IPO Listing on | BSE SME |
| Lot Size | 1000 Shares |
| OFS | Nill |
| Share Offered to Retail | 50% |
| Share Offered to HNI | 50% |
Associated Coaters IPO Date
- Associated Coaters IPO opens on May 30, 2024, and closes on June 3, 2024.
- Allotment: Tuesday, June 4, 2024
- Refunds: Wednesday, June 5, 2024
- Credit Shares on Demat: Wednesday, June 5, 2024
- Listing Date: Thursday, June 6, 2024
Associated Coaters IPO GMP (Grey Market Premium)
If you want to know Associated Coaters IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
Associated Coaters IPO Subscription Status
Associated Coaters Limited IPO subscription starts on 30 May 2024, To get live IPO subscription data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
Associated Coaters IPO Allotment Status
To check Associated Coaters IPO’s IPO allotment status go to the IPO registrar website ”BIGSHARE SERVICES PRIVATE LIMITED” or go to IPO Allotment>>.
Know About Company
- Associated Coaters Limited Founded in 2017, Associated Coaters Limited specializes in pre-treatment and powder coating services for aluminium extrusions in the architectural and real estate sectors.
- The annual capacity of the Company: 1,200 metric tons, operating both Automatic and Manual Coating Plants, positioning us as a significant player in eastern India for aluminium extrusion coating.
- Associated Coaters Limited’s operations include two manual powder coating plants and one fully automatic powder coating plant, all established in July 2017.
- Committed to quality: Certified under ISO 9001:2015 for strong adherence to Quality Management Systems.
Objects of the Issue of Associated Coaters Limited IPO
- Funding Capital Expenditure
- Working Capital Requirements
- General Corporate Purposes
Associated Coaters Limited Promoters Holding
- Promoters:
- The company is promoted by Jagjit Singh Dhillon and Navneet Kaur.
- Share Holding Pre-Issue:
- Before the issue, the promoters collectively held 99.98% of the shares.
- Share Holding Post-Issue:
- The post-issue shareholding details are yet to be determined and will depend on the outcome of the IPO.
Associated Coaters Limited Financial Report (Retested)
| Particulars | For the Period / Year ended on (₹ in Lakh) | |||
| September 30, 2023 | March 31, 2023 | March 31, 2022 | March 31, 2021 | |
| Liabilities | 370.71 | 296.12 | 201.81 | 2.72 |
| Assets | 370.71 | 296.12 | 201.81 | 2.72 |
| Revenue | 232.96 | 358.94 | 139.41 | – |
| PAT (Profit After Tax) | 33.22 | 54.30 | 13.67 | – 0.14 |
| Net Worth | 103.50 | 70.34 | 16.05 | 2.38 |
Key Performance Indicator of Associated Coaters Limited
| Key Financial Performance | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Revenue from Operations | 232.96 | 358.94 | 139.41 |
| EBITDA | 51.62 | 81.48 | 22.42 |
| EBITDA Margin | 22.16% | 22.70% | 16.08% |
| PAT | 33.22 | 54.30 | 13.67 |
| PAT Margin | 14.26% | 15.13% | 9.80% |
| Networth | 103.57 | 70.34 | 16.05 |
| RoE % | 38.21% | 125.69% | 148.34% |
| RoCE% | 32.44% | 91.11% | 70.66% |
Peer Group Of Associated Coaters Limited
No Listed Peer Group of the Associated Coaters Limited.
Associated Coaters IPO Registrar
Company Name: BIGSHARE SERVICES PRIVATE LIMITED
Address: S6-2, 6th Pinnacle Business Park, Mahakali Caves Road, next to Ahura Centre, Andheri East, Mumbai- 400093, Maharashtra, India
Tel No.: +91 – 22 – 6263 8200
Fax No.: +91 – 22 – 6263 8299
E-mail: ipo@bigshareonline.com
Investor Grievance E-mail: investor@bigshareonline.com
Website: www.bigshareonline.com
Associated Coaters IPO Book Running Lead Manager
Company Name: GRETEX CORPORATE SERVICES LIMITED
Address: A-401, 4th Floor, Plot FP-616, (PT), Naman Midtown, Senapati Bapat Marg, Near Indiabulls, Dadar (W), Delisle Road, Delisle Road, Mumbai, Maharashtra, India, 400013.
Tel No.: +91 96532 49863
Email: info@gretexgroup.com
Website: www.gretexcorporate.com
Associated Coaters Limited Contact
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/
Associated Coaters IPO Application Form PDF
To download the Associated Coaters application form check out the Application Form Download ASBA IPO Forms PDF.
Review Of Associated Coaters IPO
Associated Coaters Limited has shown good growth in the past years. May Apply.
Note- IPO GMP TODAY is not SEBI Registered. We share our personal opinions only for informational purposes. Before investing in this IPO please do your own analyses or get advice from SEBI registered advisory.
FAQs of Associated Coaters Limited IPO
What is the date of the Associated Coaters Limited IPO?
The Associated Coaters Limited IPO is open for subscription from May 30, 2024, to June 3, 2024.
What is the price of the Associated Coaters Limited IPO?
The price of the Associated Coaters Limited IPO is ₹121 per share.
When will the allotment for the Associated Coaters Limited IPO be finalized?
The allotment for the Associated Coaters Limited IPO is expected to be finalized on Tuesday, June 4, 2024.
