Associated Coaters IPO Details
| IPO Size | 5.11 |
| Price Range | ₹121 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1000 |
| Investment (cut-off price) | ₹121,000 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | 68.79% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Update soon |
Associated Coaters IPO Timelines
30/05/2024
Start Date03/06/2024
End Date05/06/2024
Refund Initiation05/06/2024
Credit of Shares to Demat Ac06/06/2024
Listing DateAssociated Coaters IPO Lot Size
| 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 Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 239.63 x | 494.99 x | -- | 371.14 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹142 | ₹134.90 | ₹149.10 | ₹134.90 |
Associated Coaters IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | -- | ₹0.14 | ₹0.01 |
| FY 2022 | ₹139.41 | ₹120.94 | ₹0.14 |
| FY 2023 | ₹358.94 | ₹285.57 | ₹0.54 |
| FY 2024 (6M) | ₹232.96 | ₹188.06 | ₹0.33 |
About Company
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 them 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.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2017 | Real Estate | Mr. Jagjit Singh Dhillon |
Know Before Investing
Associated Coaters IPO Strengths
- Their management team is not only well-qualified but also brings a wealth of experience to the execution of large-scale powder coating and surface finishing projects, particularly in the realm of aluminium extrusion.
- The adherence to the visionary guidance of their Promoters and senior management team, each with over a decade of experience in the industry, has been a driving force behind their success.
Associated Coaters IPO Risks
- Their top five customers contribute majority of their revenues from operations. Any loss of business from one or more of them may adversely affect the revenues and profitability.
- The holding period of their Trade Receivables and Trade payables is high.
Swot Analysis for Associated Coaters IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
Company Details
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/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
The key objectives of Associated Coaters IPO are:
- Funding capital expenditure towards installation of plant & machinery in their existing premises.
- Working Capital Requirements.
Gretex Corporate Services Ltd. are the book-running lead managers for the Associated Coater IPO.