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.
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.
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.
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?
What is Associated Coaters IPO Investors Portion?
How to Apply the Associated Coaters IPO?
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What is Associated Coaters IPO Size?
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?
What is Associated Coaters IPO Allotment Date?
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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