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Associated Coaters IPO is a Fixed Price 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 posted revenues of ₹ 5.29 crores and PAT of ₹ 1.00 crores in FY24 on annualised basis.
Revenue:
₹ 5.29 Cr.
EBITDA Margin:
28.72
% 
Net Worth: ₹ 1.41 Cr.
Market Capitalisation:
₹ 16.36 Cr.
P/E:
37.78 times
P/BV: 2.51 times
EV/EBITDA: 10.57 times
Financial results of Associated Coaters IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Dec-23 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 3.65 | 2.96 | 2.02 | 0.03 | |
| Net Worth | 1.41 | 0.70 | 0.16 | 0.02 | |
| Total Debt | 0.09 | 0.09 | 0.10 | [●] | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
3.97
5.29 |
3.59 | 1.39 | [●] | |
EBITDA
EBITDA on annualised basis |
1.14
1.52 |
0.81 | 0.22 | [●] | |
PAT
PAT on annualised basis |
0.76
1.01 |
0.54 | 0.14 | [●] | |
Associated Coaters IPO PAT Margin is 19.14 % , ROCE (Return on Capital Employed) is 68.30 % as per latest financial. The below table shows Associated Coaters IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Dec-23 | FY23 | FY22 | FY21 |
|---|---|---|---|---|
| EBITDA Margin (%) | 28.72 | 22.56 | 15.83 | [●] |
| PAT Margin (%) | 19.14 | 15.04 | 10.07 | [●] |
| EPS (₹) | 8.15 | 5.84 | 1.47 | -0.01 |
| ROE (%) | 53.90 | 77.14 | 87.50 | [●] |
| ROCE (%) | 68.30 | 92.11 | 70.66 | -5.27 |
| ROA (%) | 20.82 | 18.24 | 6.93 | [●] |
| Debt to Equity | 0.06 | 0.13 | 0.63 | [●] |
The market Capitalisation of Associated Coaters IPO is ₹ 16.36 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Associated Coaters IPO prospectus highlights an Return on Equity (ROE) of 15 %, Return on Assets (ROA) of 12 %, and an EBITDA Margin of 18 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Associated Coaters IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Associated Coaters IPO is ₹ 16.36 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Associated Coaters IPO has a Price-to-Earnings (PE) ratio of 37.78 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Associated Coaters IPO reported revenue of ₹ 5.29 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Associated Coaters IPO provide insights into sales growth, market demand, and business scalability.
Associated Coaters recorded an EBITDA of ₹ 1.52 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Associated Coaters Profit After Tax (PAT) is ₹ 1.01 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 5.29 Cr.
EBITDA Margin:
28.72
%
Net Worth: ₹ 1.41 Cr.
Market Capitalisation:
₹ 16.36 Cr.
P/E:
37.78 times
P/BV: 2.51 times
EV/EBITDA: 10.57 times
Associated Coaters operates in Real Estate and Business Of Powder Coating Of Aluminium Extrusions Used For Real Estate Industry. The Issue is listed on BSE SME in Jun, 2024. Associated Coaters IPO size was 5.11 with Issue price of 121.00 .
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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