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ASSOCIATEDSME / BSEListed
Associated Coaters

Associated Coaters Limited started in 2017, specializing in pre-treatment and powder coating of aluminium extrusions for the architectural and real estate industries. The company operates from two manual powder coating plants and one fully automatic plant, set up in July 2017, with an annual capacity of 1,200 metric tons. It is a prominent name in eastern India, known for delivering quality services backed by its ISO 9001:2015 certification. As of November 30, 2023, the company has a team of 15 dedicated employees, ensuring precision and top-notch coating solutions.

DRHP
₹121 - ₹121371.32x sub
Listed Price₹142.00
Listing Gain+17.36%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open30 May 2024
Close03 Jun 2024
Allotment04 Jun 2024
Listing06 Jun 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail1,78,000 shares
42.2%
Other1,78,000 shares
42.2%
Market Maker66,000 shares
15.6%

Minimum Application Lots

Retail1 Lot (1,000 shares)
₹1,21,000
HNI2 Lots (2,000 shares)
₹2,42,000

Company Promoters

Jagjit Singh DhillonNavneet Kaur

Company Background

Associated Coaters Limited started in 2017, specializing in pre-treatment and powder coating of aluminium extrusions for the architectural and real estate industries. The company operates from two manual powder coating plants and one fully automatic plant, set up in July 2017, with an annual capacity of 1,200 metric tons. It is a prominent name in eastern In...

Lead Managers & Bankers

Gretex Corporate Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-23)₹397 Cr
Revenue Trend (₹ in Crores)
0.0152.2304.4456.5Mar-21Mar-22Mar-23Dec-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-23397.0075.77364.749.90
Mar-23358.9454.30296.129.90
Mar-22139.4113.67201.8110.10
Mar-210-0.142.720.20

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-238.15 71.66%68.30%7.9820.72
Mar-235.84 125.69%92.11%00
Mar-221.47148.34%70.66%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
04 Jun 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
06 Jun 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Associated Coaters. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization04 Jun 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date06 Jun 2024Trading commences on exchange

How to Check Associated Coaters Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Associated Coaters from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Associated Coaters IPO

Complete issue overview for Associated Coaters (ASSOCIATED) IPO. The issue features an equity share price band of ₹121 per share with a minimum retail lot size of 1000 Shares (minimum application amount of ₹1,21,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions