Associated Coaters Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 178,000 (42%) | — | ₹215 Cr |
| Retail | — | 178,000 (42%) | — | ₹215 Cr |
| Market Maker | — | 66,000 (16%) | — | ₹80 Cr |
| Σ Total | — | 422,000 (100%) | — | ₹5,106 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹121,000 |
| Retail (Max) | 13 | 13,000 | ₹1,573,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,694,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,107,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 397 | 359 | 139 |
| Profit After Tax | 76 | 54 | 14 |
| Net Worth | 141 | 70 | 16 |
| Total Assets | 365 | 296 | 202 |
| Reserves & Surplus | 48 | 67 | 13 |
| Total Borrowing | 10 | 10 | 10 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding capital expenditure towards installation of plant & machinery in the existing premises –
- Working Capital Requirements –
- General Corporate Purposes. –
Company Overview
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 us 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.
On November 30, 2023, the company had 15 dedicated employees in various roles.