The Associated Coaters IPO started on May 30, 2024, and ended on June 3, 2024. Shares were allocated on June 4, 2024, and refund processes began on June 5, 2024. On June 5, 2024, the shares were credited to investors demat accounts. Associated Coaters was officially listed on the stock exchange on June 6, 2024.
During the IPO, Associated Coaters offered shares at a price range of ₹121 per share, and the lot size was 1000 shares. The total issue size was ₹5.11 crores, with ₹5.11 crores from new shares. The IPO was listed on the BSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
Associated Coaters IPO Subscription Update Video
Associated Coaters IPO Subscription Status
The Associated Coaters IPO on June 3, 2024 was subscribed 371.14 times, with the retail category being subscribed 494.99 times, the other category being subscribed 239.63 times.
| Category | Subscription |
| Other | 239.63x |
| Retail | 494.99x |
| Total | 371.14x |
Associated Coaters IPO Basic Details
| Company Name | Associated Coaters Limited |
| Associated Coaters IPO Open Date | May 30, 2024 |
| Associated Coaters IPO Close Date | May 3, 2024 |
| Associated Coaters IPO Allotment Date | May 4, 2024 |
| Associated Coaters IPO Listing Date | May 6, 2024 |
| Face Value | ₹10 per share |
| Price | ₹121 per share |
| Lot Size | 1000 Shares |
| Issue Size | 422,000 shares of ₹10 (aggregating up to ₹5.11 Cr) |
| Fresh Issue | 422,000 shares of ₹10 (aggregating up to ₹5.11 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Jagjit Singh Dhillon and Navneet Kaur |
About Associated Coaters Limited
Associated Coaters Limited, founded in 2017, specializes in pre-treatment and powder coating for aluminum extrusions, serving the architectural and real estate sectors.
With a capacity of 1,200 metric tons per year, we operate both an Automatic Coating Plant and a Manual Coating Plant, making us a leading provider in eastern India.
Our facilities include two manual powder coating plants and one fully automatic powder coating plant, all established in July 2017.
As an ISO 9001:2015-certified company, we uphold strict quality management standards.
As of November 30, 2023, our team consists of 15 dedicated employees in various roles.
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Associated Coaters IPO FAQs
What is the start and end date of Associated Coaters IPO Subscription?
The Associated Coaters IPO started on May 30, 2024, and ended on June 3, 2024.
When does Associated Coaters IPO Subscription open?
The Associated Coaters IPO open on May 30, 2024.
When does Associated Coaters IPO Subscription close?
The Associated Coaters IPO Close on June 3, 2024.
What is the allotment date of Associated Coaters IPO?
The allotment date for Associated Coaters IPO is June 4, 2024.
When is the initial refund date of Associated Coaters IPO?
The initial Refund date for Associated Coaters IPO is June 5, 2024.
When were the shares credited to investors demat accounts for the Associated Coaters IPO?
The shares for the Associated Coaters IPO were credited to investors demat accounts on June 5, 2024.
When will Associated Coaters IPO be listed on the stock market?
Associated Coaters IPO stock market will be listed on June 6, 2024 at 10 am.
What was the price range of the Associated Coaters IPO shares?
The Associated Coaters IPO shares were offered at a price range of ₹121 per share.
What was the lot size for the Associated Coaters IPO shares?
The lot size for the Associated Coaters IPO shares was 1000 shares.
What was the total issue size of the Associated Coaters IPO?
The total issue size of the Associated Coaters IPO was ₹5.11 crores.
How were the shares allocated among different types of investors for the Associated Coaters IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Associated Coaters IPO listed?
The Associated Coaters IPO was listed on the BSE SME.
What is the Associated Coaters IPO Subscription Status?
Associated Coaters IPO is subscribed 371.14 Times.
