Issue Price
₹121
Per Share
GMP
NIL
Grey Market
Est. Listing
₹121
Expected Price
Min. Application
₹242,000
2 lots × 1000 shares
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.
Associated Coaters Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 66,000 | — | ₹0.80 Cr | — |
| TOTAL | 422,000 | 100.00% | ₹5.11 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹121,000 |
| Retail (Max) | 13 | 13,000 | ₹1,573,000 |
| sNII (Min) | 14 | 14,000 | ₹1,694,000 |
| bNII (Min) | 68 | 68,000 | ₹8,228,000 |
| Particulars | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 397.00 | 358.94 | 139.41 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 75.77 | 54.30 | 13.67 |
| Net Worth | 141.11 | 70.34 | 16.05 |
| Total Assets | 364.74 | 296.12 | 201.81 |
| Reserves & Surplus | 48.11 | 67.34 | 13.05 |
| Total Borrowings | 9.90 | 9.90 | 10.10 |