IPO

Associated Coaters Ltd. IPO

Associated Coaters Ltd., established in 2017, operates in the Aluminium - Extrusions sector. The company's IPO opened on May 30, 2024 and closed on June 3, 2024, with an issue price of ₹121. The ... Read more

Min Investment
₹ 1,21,000 / 1000 shares
Price Range
₹121
Bidding Dates
30 May '24 - 3 Jun '24
Total Issue Value
2.95 Cr
Lot Size
1,000
Total Issue Size
2.95 Cr
Listing At
BSE SME
Subscription
403.68 times
BSE Price
208.00 (71.9%)

IPO Timeline

  • 30 May 2024
    Bidding Starts
  • 3 Jun 2024
    Bidding Ends
  • 4 Jun 2024
    Allotment Finalization
  • 6 Jun 2024
    Listing

About Associated Coaters Ltd.

Our Company is engaged in the business of providing services by way of pre-treatment and powder coating of aluminium extrusions in Architect and Real Estate Industry. The process begins with a comprehensive cleaning, where the targeted surface of aluminium extrusions is thoroughly cleansed of any ... Read more

Parent organisation
Founded
Associated Coaters Ltd.
2017

Associated Coaters Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 66,000 (27.05%)
Non Institutional Investors 1,78,000 (72.95%)
Retail Individual Investors (RIIs) 1,78,000 (72.95%)

Associated Coaters Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2023 3.59 Cr 54.30 Lakh 67.34 Lakh
31 Mar 2022 1.39 Cr 13.67 Lakh 13.05 Lakh
31 Mar 2021 0 -14,000 -62,000

Associated Coaters Ltd. Background

Our Company was incorporated on December 22, 2017 as ‘Associated Coaters Private Limited’, a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated December 22, 2017 issued by the Registrar of Companies, Kolkata. Subsequently, our ...

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Major Events And Milestones
  • 2017
    Incorporation of the Company
  • 2021
    Started its Operations
  • 2023
    Our Company further expanded its business operations by starting new Coating Line of PVDF
    Our Company was converted from Private Limited company to Public Limited Company
    Company has been compliant with the requirement of: ISO 9001:2015
Associated Coaters Ltd. Object of Issues

1. Funding Capital Expenditure towards installation of Plant & Machinery in our existing premises
2. Working Capital Requirements
3. General Corporate Purpose

Associated Coaters Ltd. IPO Listing Details
Listing Date
6 Jun 2024
BSE Script Code
ASSOCOAT
ISIN
INE0RIQ01013
Final Issue Price
₹ 121
Associated Coaters Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 121.00 -
Open ₹ 142.00 -
Low ₹ 134.90 -
High ₹ 149.10 -
Last Trade ₹ 134.90 -
Associated Coaters Ltd. Company Promoters

1. Mr. Jagjit Singh Dhillon
2. Mrs. Navneet Kaur

Industry Overview

The reforms of the 1990s have been associated with the expansion of the service sector in India. Midway through the 1980s, the service sector began to expand, but it took off in the 1990s when India started a series of economic reforms in response to a serious balance of payments issue.

... Read more

Associated Coaters Ltd. Contact Details
Address: Ashuti Khanberia Maheshtala LP 20/83/46, Kolkata, Vivekanandapur, South 24 Parganas, Thakurpukur Mahestola Mahestalla West Bengal - 700141
Phone no:9830437701
9830437701
|
Associated Coaters Ltd. IPO Registrar
Bigshare Services Private Limited.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Associated Coaters Ltd. IPO Lead Manager(s)
Gretex Corporate Services Ltd.
A-401, Floor 4th, Plot FP-616, (PT), Naman Midtown, Senapati Bapat Marg, Near Indiabulls, Dadar (w), Delisle Road, Mumbai Maharashtra - 400013

FAQs

When does Associated Coaters Ltd. IPO opens and closes?

Associated Coaters Ltd. IPO opens from 30th May to 3rd June 2024.

What is the size of Associated Coaters Ltd. IPO?

The size of the Associated Coaters Ltd. IPO is ₹2.95 Cr.

What is the minimum investment and lot size required for the Associated Coaters Ltd. IPO?

The minimum investment required is ₹1,21,000 and minimum lot size is 1000 shares.

When is Associated Coaters Ltd. IPO listing date?

The Associated Coaters Ltd. IPO will be listed on 6th June 2024.

What is the objective of Associated Coaters Ltd. IPO?

1. Funding Capital Expenditure towards installation of Plant & Machinery in our existing premises
2. Working Capital Requirements
3. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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