Associated Coaters SME IPO Details, Financials, Valuation & Peers

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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.

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Status
Listed
Biding Dates
30 May - 03 Jun 2024
Price Range
₹ 121
Issue Size
Approx ₹ 5.11 crore
Listed Price
₹14217.36%

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.

IPO Docs

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.

FieldsDetails
IPO Dates30 May - 03 Jun 2024
IPO Price Band₹ 121 per share
Fresh IssueUpto 4,22,000 Shares
Offer For SaleNIL
Total IPO SizeApprox ₹ 5.11 crore
Face Value₹ 10
Listing OnBSE

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.

EventDate
IPO Opening Date30 May 2024
IPO Closing Date03 Jun 2024
Basis Of Allotment04 Jun 2024
Refunds05 Jun 2024
Demat Transfer05 Jun 2024
IPO Listing Date06 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 Ended31st March 202131st March 202231st March 2023Dec 2023
Total IncomeNA1.393.593.97
Total Expenses0.00141.212.862.94
Net Profit/Loss0.00140.140.540.76
NPM (*)NA9.8015.1319.08
Total Assets0.0272.022.963.65
Total Liabilities0.00341.862.262.24

* 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 Ended31st March 202131st March 202231st March 2023Dec 2023
EPS-0.011.475.848.15
ROE (%)-5.55148.34125.6971.66
ROCE (%)-5.2770.6692.1168.30
RoNW (%)-5.7185.1777.1953.69
D/E Ratio0.080.630.140.07
Current Ratio18.940.851.161.31
EBITDA MARGIN (%)NA16.0822.7028.67

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

No listed peers available for comparison.

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)0
Non-Institutional Investor (NII/HNI)239.63
Retail Individual Investor (RII)494.99
Total371.14

* 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.

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