Monday, June 17, 2024

Associated Coaters IPO Date, Review, Price, Allotment Details

Associated Coaters is engaged within the industry of offering products and services by the use of pre-treatment and powder coating of aluminum extrusions within the architectural and Real Estate Industry. The procedure starts with a complete cleansing, the place the focused floor of aluminum extrusions is punctiliously cleansed of any dust, grease, or contaminants that would possibly obstruct the following coating procedure. Following this, a strategic chemical resolution is implemented to toughen the adhesion of the powder coating. This comes to the appliance of an acidic resolution for floor etching or the usage of a specialised pretreatment agent to optimize floor wettability.

Over their six-year adventure, they have got developed into the Approved Applicator of Akozonobel, Jotun, and Asian Paints in Architectural Coating. Their once a year capability is 1,200 metric heaps which contains Automatic Coating Plant and Manual Coating Plant, making them a rising participant in jap India on the subject of aluminium extrusion coaters. Their Continuous investments in state of the art apparatus have situated them at the leading edge of era. Currently, they perform two guide powder coating vegetation and a completely automated powder coating plant established in July 2017. Their dedication to innovation is obvious within the set up of a Decorative wooden end line in September 2017 and a PVDF Coating Line in 2023. Striving for high quality development is on the core in their challenge. Their complete immersion pre-treatment procedure, intently monitored by way of their chemical provider, performs a a very powerful function in keeping up prime requirements. Combined with the usage of architectural-grade tremendous sturdy powder, they make sure that the supply of top-notch high quality.

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Objects of the Issue:

  • Funding capital expenditure against set up of plant & equipment within the current premises.
  • Working Capital Requirements.
  • General Corporate Purposes.

Associated Coaters IPO Review

Associated Coaters IPO Date & Price Band Details

IPO Open: May 30, 2024
IPO Close: June 3, 2024
IPO Size: Approx ₹5.11 Crores, 422,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹121 Per Equity Share
IPO Listing on: BSE SME
Retail Quota: 50% of the online be offering
QIB Quota: [.]% of the online be offering
NII Quota: 50% of the online be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

Associated Coaters IPO Market Lot

The Associated Coaters IPO minimal marketplace lot is 1000 stocks with a ₹121,000 utility quantity.

Application Lot Size Shares Amount
Retail Minimum 1 1000 ₹121,000
Retail Maximum 1 1000 ₹121,000
S-HNI Minimum 2 2000 ₹242,000

Associated Coaters IPO Dates

The Associated Coaters IPO date is May 30 and the IPO shut date is June 3. The IPO allotment date is June 4 and the IPO would possibly listing on June 6.

IPO Open Date: May 30, 2024
IPO Close Date: June 3, 2024
Basis of Allotment: June 4, 2024
Refunds: June 5, 2024
Credit to Demat Account: June 5, 2024
IPO Listing Date: June 6, 2024

You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.

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Associated Coaters IPO Form

How to use Associated Coaters IPO? You can practice Associated Coaters IPO by means of ASBA to be had on your checking account. Just pass to the web financial institution login and practice by means of your checking account by way of settling on the Associated Coaters IPO within the Invest segment. The different choice you’ll practice Associated Coaters IPO by means of IPO bureaucracy obtain by means of the BSE site. Check out the Associated Coaters bureaucracy – click on BSE IPO Forms obtain, fill and post on your financial institution or along with your dealer.

Associated Coaters Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹- ₹0.14 ₹0.01
2022 ₹139.41 ₹120.94 ₹0.14
2023 ₹358.94 ₹285.57 ₹0.54
Sept 2023 ₹232.96 ₹188.06 ₹0.33

Associated Coaters IPO Valuation – FY2023

Check Associated Coaters IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

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Earning Per Share (EPS): ₹180.99 according to Equity Share
Price/Earning P/E Ratio: NA
Return on Net Worth (RoNW): 77.19%
Net Asset Value (NAV): ₹234.48 according to Equity Share

Peer Group

  • Jagjit Singh Dhillon
  • Navneet Kaur

Associated Coaters IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Associated Coaters IPO Allotment Status

Check Associated Coaters IPO allotment standing on Bigshare site URL. Click Here

Associated Coaters IPO Lead Managers aka Merchant Bankers

  • Gretex Corporate Services Limited

Company Address

Associated Coaters Limited

Ashuti Khanberia Maheshtala LP
20/83/46, Kolkata, Vivekanandapur
South 24 Parganas, , Thakurpukur Mahestola
Phone: +91 98304 37701
Email: [email protected]
Website: https://associatedcoaters.in/

Associated Coaters IPO FAQs

What is Associated Coaters IPO?

Associated Coaters IPO is an BSE SME IPO. They are going to elevate ₹5.11 Crores by means of IPO. The factor is priced at ₹121 according to fairness proportion. The IPO is to be indexed on BSE.

When Associated Coaters IPO will open?

The IPO is to open on May 30, 2024 for QIB, NII, and Retail Investors.

What is Associated Coaters IPO Investors Portion?

The buyers’ portion for NII is 50%, and Retail is 50%.

How to Apply the Associated Coaters IPO?

You can practice Associated Coaters IPO by means of ASBA on-line by means of your checking account. You too can practice for ASBA on-line by means of UPI via your inventory agents. You too can practice by means of your inventory agents by way of filling up the offline shape.

How to Apply the Associated Coaters IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Associated Coaters”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now pass for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Associated Coaters IPO via Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Associated Coaters”. Click on Bid Button. Confirm your utility. Now pass for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Associated Coaters IPO via Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Associated Coaters”. Click on Bid Button. Confirm your utility. Now pass for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Associated Coaters IPO Size?

Associated Coaters IPO dimension is ₹5.11 crores.

What is Associated Coaters IPO Price Band?

Associated Coaters IPO Price Band is ₹121 according to fairness proportion.

What is Associated Coaters IPO Minimum and Maximum Lot Size?

The IPO bid is 1000 stocks with ₹121,000.

What is Associated Coaters IPO Allotment Date?

Associated Coaters IPO allotment date is June 4, 2024.

What is Associated Coaters IPO Listing Date?

Associated Coaters IPO record date is June 3, 2024. The IPO to listing on BSE SME.

Note: The Associated Coaters IPO main points are introduced formally. The IPO gray marketplace top rate (Associated Coaters IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day-to-day updates.



– Source : IPOWATCH

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