Associated Coaters SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Associated Coaters IPO. Explore Associated Coaters IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Associated Coaters Limited specializes in providing high-quality pre-treatment and powder coating services for aluminum extrusions primarily used in the architectural and real estate industries. Located in Vivekanandapur, 24 Paraganas (south), Kolkata, the company serves clients across Kolkata, Orissa, Siliguri, Bihar, and Jharkhand. With a significant annual capacity of 1,200 metric tons and state-of-the-art facilities, including both manual and automatic coating plants, the company is recognized as an Approved Applicator for major brands like AkzoNobel, Jotun, and Asian Paints.
Key Points:
- Services Offered:
- Comprehensive cleaning and pre-treatment of aluminum extrusions.
- Application of chemical solutions to enhance powder coating adhesion.
- Precision powder coating using electrostatic spray technology.
- Curing process to ensure durability and a flawless finish.
- Rigorous inspection and quality control to meet specified standards.
- Facilities and Capacity:
- Located in Vivekanandapur, Kolkata.
- Serves regions including Kolkata, Orissa, Siliguri, Bihar, and Jharkhand.
- Annual capacity of 1,200 metric tons.
- Equipped with two manual powder coating plants and one fully automatic powder coating plant.
- Additional facilities include a Decoral wood finish line and a PVDF coating line.
Objects of the Issue
- Funding capital expenditure towards installation of plant & machinery in the existing premises
- Working Capital Requirements
- General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 30 May - 03 Jun 2024 |
| IPO Price Band | ₹ 121 per share |
| Fresh Issue | Upto 4,22,000 Shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 5.11 crore |
| Face Value | ₹ 10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 30 May 2024 |
| IPO Closing Date | 03 Jun 2024 |
| Basis Of Allotment | 04 Jun 2024 |
| Refunds | 05 Jun 2024 |
| Demat Transfer | 05 Jun 2024 |
| IPO Listing Date | 06 Jun 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | NA | 1.39 | 3.59 | 3.97 |
| Total Expenses | 0.0014 | 1.21 | 2.86 | 2.94 |
| Net Profit/Loss | 0.0014 | 0.14 | 0.54 | 0.76 |
| NPM (*) | NA | 9.80 | 15.13 | 19.08 |
| Total Assets | 0.027 | 2.02 | 2.96 | 3.65 |
| Total Liabilities | 0.0034 | 1.86 | 2.26 | 2.24 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | -0.01 | 1.47 | 5.84 | 8.15 |
| ROE (%) | -5.55 | 148.34 | 125.69 | 71.66 |
| ROCE (%) | -5.27 | 70.66 | 92.11 | 68.30 |
| RoNW (%) | -5.71 | 85.17 | 77.19 | 53.69 |
| D/E Ratio | 0.08 | 0.63 | 0.14 | 0.07 |
| Current Ratio | 18.94 | 0.85 | 1.16 | 1.31 |
| EBITDA MARGIN (%) | NA | 16.08 | 22.70 | 28.67 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
No listed peers available for comparison.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 239.63 |
| Retail Individual Investor (RII) | 494.99 |
| Total | 371.14 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- MR. JAGJIT SINGH DHILLON
- MRS. NAVNEET KAUR
Lead Managers
- GRETEX CORPORATE SERVICES LIMITED
Company Address
Associated Coaters Limited
Ashuti Khanberia Maheshtala LP 20/83/46, Kolkata, Vivekanandapur, South 24 Parganas, Thakurpukur Mahestola, West Bengal, India, 700141
Phone: +91 98304 37701
Email: info@associatedcoaters.in
Website: www.associatedcoaters.in
FAQs
- What is the issue size of the Associated Coaters SME IPO?The Associated Coaters SME IPO has an issue size of Approx ₹ 5.11 crore. This includes a fresh issue of Upto 4,22,000 Shares and an offer for sale (OFS) of NIL.
- What is the price band of the Associated Coaters IPO?The price band for the Associated Coaters IPO is ₹ 121 per share.
- What are the bidding dates for the Associated Coaters IPO?The Associated Coaters IPO will open for bidding on 30 May 2024 and close on 03 Jun 2024.
- What is the allotment date for the Associated Coaters IPO?The allotment date for the Associated Coaters IPO is 04 Jun 2024.
- What is the listing date for the Associated Coaters IPO?The listing date for the Associated Coaters IPO is 06 Jun 2024.
- What is the Associated Coaters IPO grey market premium?The grey market premium (GMP) for the Associated Coaters IPO is currently at ₹75, with an expected listing gain of approximately 61.98%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.