✓
Open
30 May to 3 Jun, 2024
✓
Close
30 May to 3 Jun, 2024
3
Allotment
—
✓
Listing
Thu, Jun 6, 2024
Price Band
₹121 per share
Issue Size
4,22,000 shares (agg. up to ₹5 Cr)
Lot Size
1,000 Shares
Listing Date
Thu, Jun 6, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 367.85x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 3.65 | 2.96 | 2.02 | 0.03 |
| Total Income | 3.97 | 3.59 | 1.39 | |
| Profit After Tax | 0.76 | 0.54 | 0.14 | -0.00 |
| NET Worth | 1.41 | 0.70 | 0.16 | 0.02 |
| Reserves and Surplus | 0.48 | 0.67 | 0.13 | -0.01 |
| Total Borrowing | 0.10 | 0.10 | 0.10 | 0.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Aimtron Electronics Ltd. | SME | ₹87.02 Cr | ₹161 | 27.13 | ₹253.05 | +57.17% | ₹1,345.50 (-2.76%) |
| Vilas Transcore Ltd. | SME | ₹95.26 Cr | ₹147 | 13.12 | ₹225.75 | +53.57% | ₹370.30 (-3.47%) |
| Storage Technologies & Automation Ltd. | SME | ₹29.95 Cr | ₹78 | 48.45 | ₹153.05 | +96.22% | ₹39.70 (+0.00%) |
| Creative Graphics Solutions India Ltd. | SME | ₹54.40 Cr | ₹85 | 17.59 | ₹176.25 | +107.35% | ₹130.35 (-2.03%) |
| Gabriel Pet Straps Ltd. | SME | ₹8.06 Cr | ₹101 | 35.94 | ₹120.75 | +19.55% | ₹113.70 (+4.99%) |
| Megatherm Induction Ltd. | SME | ₹53.91 Cr | ₹108 | 10.68 | ₹207.90 | +92.50% | ₹223.35 (-1.61%) |
| Siyaram Recycling Industries Ltd. | SME | ₹22.96 Cr | ₹46 | 8.3 | ₹57.75 | +25.54% | ₹40.42 (-2.18%) |
| Holmarc Opto-Mechatronics Ltd. | SME | ₹11.40 Cr | ₹40 | 8.09 | ₹68.50 | +71.25% | ₹109.00 (+1.87%) |
| Meson Valves India Ltd. | SME | ₹31.09 Cr | ₹102 | 15.47 | ₹203.45 | +99.46% | ₹216.35 (-1.99%) |
| Jiwanram Sheoduttrai Industries Ltd. | SME | ₹17.07 Cr | ₹23 | 9.91 | ₹28.50 | +23.91% | ₹5.15 (-1.90%) |
| Alphalogic Industries Ltd. | SME | ₹12.88 Cr | ₹96 | 22.3 | ₹96.29 | +0.30% | ₹141.00 (-6.62%) |
| Inox India Ltd. | Mainboard | ₹1,459.32 Cr | ₹660 | 39.22 | ₹939.95 | +42.42% | ₹1,980.20 (-0.77%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards installation of Plant & Machinery in our existing premises | 1.45 |
| 2 | Working Capital Requirements | 2.00 |
| 3 | General Corporate Purposes | 0.49 |
About Associated Coaters IPO
Founded in 2017, 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.+ Read More
Contact Details
Associated Coaters Ltd. AddressAshuti Khanberia Maheshtala LP20/83/46, VivekanandapurSouth 24 Parganas, , Thakurpukur MahestolaKolkata, West Bengal, 700141+91 98304 37701info@associatedcoaters.inVisit Website