Associated Coaters

Associated Coaters Info

Details about the Associated Coaters IPO. Opening Date of Associated Coaters is 30 May 24 and Closing Date is 03 Jun 24 . Face Value of Each share of Associated Coaters is ₹10 per share. Fixed price of Associated Coaters is ₹121. The Lot size of Associated Coaters is 1,000 shares. Total issue size of Associated Coaters IPO is  ₹5.11 cr. Fresh Issue of Associated Coaters IPO is 5.11 cr. This is a Fixed Price Issue IPO. Expected to list on BSE SME. Share Holding Pre Issue of Associated Coaters is 930,000. Share Holding Post Issue of Associated Coaters is 1,352,000.


Business Summary

Associated Coaters is engaged in the business of providing services by way of pre-treatment and powder coating of aluminium extrusions in Architect and Real Estate Industry.

With an annual capacity of 1,200 metric tons, Company's Automatic and Manual Coating Plants position them as a leading provider of aluminum extrusion coating in eastern India.

Associated Coaters IPO Details
Open Date30 May 24
Close Date03 Jun 24
Face Value₹10 per shares
Price₹121
Lot Size1,000 Shares
Total issue Size422,000 Shares ₹5.11 cr
Fresh Issue422,000 Shares ₹5.11 cr
Issue Type Fixed Price Issue
Listing AtBSE SME
Share Holding Pre Issue930,000
Share Holding Post Issue1,352,000
Market MakerGretex Share Broking
Market Maker Portion66,000 Shares
RHP , DHRPView RHPView DRHP
Associated Coaters IPO Timeline

The Associated Coaters Initial Public Offering (IPO) is set to open on 30 May 24 and will end its subscription phase on 03 Jun 24. You can check your allotment status for Associated Coaters on 04 Jun 24. The refund process for your funds will start promptly on 05 Jun 24.  Associated Coaters IPO credit of shares will be on 05 Jun 24. The listing date for Associated Coaters is on 06 Jun 24.

  1. Open Date

  2. Close Date

  3. Basis Of Allotment

  4. Initialization of Refund

  5. Credit of Share

  6. Listing Date

Associated Coaters IPO Reservation

The Associated Coaters IPO reserves shares for different investor categories. Approximately 50% of the net offer will be available for NII, 50% of the net offer will be available for Retail,
66,000 Shares will be reserved for subscription by Gretex Share Broking

Investor CategoryShares Offered
NII50% of the net offer
Retail50% of the net offer
Associated Coaters IPO Lot Size

Bids can be made for minimum of 1000 shares and in multiple of 1000 equity shares thereafter

ApplicationLotSharesAmount
Retail (Min)11,000121,000
Retail (Max)11,000121,000
HNI (Min)22,000242,000
Associated Coaters IPO Promoters Holding

Promoters holding details for Associated Coaters in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to 68.79%.

Promoters of Associated Coaters are Navneet Kaur, Jagjit Singh Dhillon,

Share Holding Pre Issue100%
Share Holding Post Issue68.79%
Associated Coaters Financial Information

Financial performance details for Associated Coaters over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).

Period31 Dec 2431 Mar 2331 Mar 22
Assets364.74296.12201.81
Revenue397358.94139.41
Profit After Tax75.7754.313.67
₹ In Lakhs
Associated Coaters IPO Key Performance Indicator

Key Performance Indicators (KPIs) for Associated Coaters are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.

KPIValue
P/E (x)20.72
ROCE68.30%
ROE71.66%
EPS (Rs)5.84
Object of the Issue
  • Funding capital expenditure towards installation of plant & machinery in the existing premises
  • Working Capital Requirements
  • General Corporate Purposes
Contact Details for Associated Coaters

Office

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

Registrar Details for Associated Coaters
Bigshare Services Pvt Ltd

Office

S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.

Lead Manager
  • Gretex Corporate Services Limited
Frequently Asked Questions