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Associated Coaters IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Kolkata and caters to Real Estate sector. Gretex Corporate Services is the merchant banker of Associated Coaters IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th December 2023.
Associated Coaters IPO open date is 30th May 2024 and close date is 3rd June 2024. IPO Allotment Date is 4th June 2024 and Listing date is 6th June 2024.
IPO
Size:
₹ 5.11 Cr.
Avg IPO Size (Sector Based)
: ₹
14.03 cr.
Sector: Real Estate
SME
IPO so far:
39
Merchant Banker:
Gretex Corporate
SME
IPO by BRLM so far:
50
City:
Kolkata
SME
IPO so far:
69
Revenue (annualised):
₹
5.29
cr. 
PE
Ratio:
37.78x
Average Sector PE Ratio: 20.22x
Associated Coaters IPO size is ₹ 5.11 Cr. with IPO price of ₹ 121.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the Associated Coaters IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Gretex Share Broking Private Limited for Associated Coaters IPO.
Associated Coaters IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Associated Coaters IPO, based in Kolkata, operates in the Real Estate sector with a focus on business of powder coating of aluminium extrusions used for real estate industry. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Associated Coaters IPO size is ₹ 5.11 Cr. with fresh issue size of ₹ 5.11 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Associated Coaters IPO is expected to be 4th June 2024, after the finalization of basis of allotment. Investors can check Associated Coaters IPO allotment status on the registrars website, Bigshare Services Private Limited. Associated Coaters IPO refund dates are 5th June 2024.
Associated Coaters IPO is expected to be listed on 6th June 2024.
The upper price band for the Associated Coaters IPO is set at ₹ 121.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Associated Coaters IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Associated Coaters IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd June 2024. After submission, funds are blocked until the basis of allotment of Associated Coaters IPO is finalised.
The merchant banker for Associated Coaters IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Associated Coaters IPO RHP for further details.
The registrar for Associated Coaters IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Associated Coaters IPO through their official website or helpline.
Associated Coaters IPO was subscribed 371.14 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 5.11 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.03 Cr.
Sector: Real Estate
SME
IPO so far:
39
Merchant Banker:
Gretex Corporate
SME
IPO by BRLM so far:
50
City:
Kolkata
SME
IPO so far:
69
Revenue (annualised):
₹ 5.29 cr.
PE
Ratio:
37.78x
Average Sector PE Ratio: 20.22x
Associated Coaters IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Associated Coaters Financial Review Page
Merchant Banker(s) of Associated Coaters IPO: Gretex Corporate Services Limited
Associated Coaters IPO subscription was 371.14 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Associated Coaters IPO listed at a listing price of 134.90 against the offer price of 121.00.
The current market price of Associated Coaters is 97.31.
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