Associated Coaters IPO

Associated Coaters Limited announces an IPO with 4,22,000 shares worth INR 5.11 cr to fund capital expenditure, working capital, and general corporate needs.

Important Details

Open Date : May 30, 2024 Close Date :  June 3, 2024 Allotment Date: June 4, 2024 Listing Date: June 6, 2024

Important Details

IPO Price: INR 121 per share Lot Size: 1000 Shares Total Issue Size: INR 5.11 crores

Fundamental Analysis

Associated Coaters financial analysis shows mixed performance 1. Revenue surged, Equity rose & Debt reduced. 2. Profitability increased, with higher EPS. 3. RoNW decreased & Total assets grew. 4. Inventory turnover ratio declined, signaling potential sales challenges.

Peer Comparison

Associated Coaters Limited has no listed peers due to its unique business nature and size.


Associated Coaters Limited aims to fund capital expenditure and meet working capital needs to support its business operations efficiently.

Risks And Challenges

Associated Coaters IPO  risk : 1. Reliance on rented premises. disruption or cost increase upon relocation. 2. Asset acquisition without valuation & Customer concentration. 3. Revenue dependency & Vulnerability to customer loss.