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3C IT Solutions IPO vs Associated Coaters IPO

Comparison between 3C IT Solutions IPO and Associated Coaters IPO.

IPO Details

3C IT Solutions IPO is a SME Fixed Price IPO proposed to list at BSE SME while Associated Coaters IPO is a SME Fixed Price proposed to list at BSE SME.

 3C IT Solutions IPOAssociated Coaters IPO
Logo3C IT Solutions IPO LogoAssociated Coaters IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersKreo Capital Pvt.Ltd.Gretex Corporate Services Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerShreni Shares Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of 3C IT Solutions IPO is up to ₹10.86 Cr whereas the issue size of the Associated Coaters IPO is up to ₹4.31 Cr. The final issue price of 3C IT Solutions IPO is ₹52.00 per share and of Associated Coaters IPO is ₹121.00 per share.

 3C IT Solutions IPOAssociated Coaters IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹52.00 per share₹121.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1000 shares
Fresh Issue Size15,88,000 shares3,56,000 shares
Fresh Issue Size (Amount)up to ₹8.26 Crup to ₹4.31 Cr
OFS Issue Size5,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹2.60 Crup to ₹0.00 Cr
Issue Size Total20,88,000 shares3,56,000 shares
Issue Size Total (Amount)up to ₹10.86 Crup to ₹4.31 Cr

IPO Timetable

3C IT Solutions IPO opens on Jun 04, 2024, while Associated Coaters IPO opens on May 30, 2024. The closing date of 3C IT Solutions IPO and Associated Coaters IPO is Jun 07, 2024, and Jun 03, 2024, respectively.

 3C IT Solutions IPOAssociated Coaters IPO
Anchor Bid Date
Issue OpenJun 04, 2024May 30, 2024
Issue CloseJun 07, 2024Jun 03, 2024
Basis Of Allotment (Tentative)Jun 10, 2024Jun 04, 2024
Initiation of Refunds (Tentative)Jun 11, 2024Jun 05, 2024
Credit of Share (Tentative)Jun 11, 2024Jun 05, 2024
Listing date (Tentative)Jun 12, 2024Jun 06, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

3C IT Solutions IPO P/E ratio is 5.86, as compared to Associated Coaters IPO P/E ratio of 20.72.

 3C IT Solutions IPOAssociated Coaters IPO
Financials

3C IT Solutions & Telecoms (India) Limited Financial Information (Restated)

3C IT Solutions & Telecoms (India) Limited's revenue decreased by -5.98% and profit after tax (PAT) rose by 2.45% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,898.432,886.143,465.471,835.90
Total Income2,355.666,293.486,694.114,063.52
Profit After Tax50.52113.62110.9085.93
Net Worth460.26409.73260.65149.75
Reserves and Surplus244.26373.73259.65148.75
Total Borrowing592.431,339.761,040.20398.22
Amount in ₹ Lakhs

Associated Coaters Limited Financial Information (Restated)

Associated Coaters Limited's revenue increased by 157.47% and profit after tax (PAT) rose by 297.22% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets364.74296.12201.812.72
Total Income397.00358.94139.41
Profit After Tax75.7754.3013.67-0.14
Net Worth141.1170.3416.052.38
Reserves and Surplus48.1167.3413.05-0.62
Total Borrowing9.909.9010.100.20
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)72.00100.00
Promoter Shareholding (Post-Issue)51.6668.79
P/E Ratio5.8620.72
Market Cap₹31.30 Cr.₹16.36 Cr.
ROE71.66%
ROCE68.30%
Debt/Equity0.07
EPS₹8.87₹5.84
RoNW10.98%53.69%

Shares Offered

In the 3C IT Solutions IPO Retail Individual Investors (RII) are offered 10,44,000 shares while in Associated Coaters IPO retail investors are offered 10,44,000 shares. Qualified Institutional Buyers (QIB) are offered in 3C IT Solutions IPO and in Associated Coaters IPO.

 3C IT Solutions IPOAssociated Coaters IPO
Anchor Investor Reserveration
Market Maker Reserveration1,12,000 shares66,000 shares
QIB
NII10,44,000 shares1,78,000 shares
RII10,44,000 shares1,78,000 shares
Employee
Others
Total20,88,000 shares3,56,000 shares

Bids Received (Subscription)

3C IT Solutions IPO subscribed 20.21x in total, whereas Associated Coaters IPO subscribed 371.14x.

 3C IT Solutions IPOAssociated Coaters IPO
QIB (times)
NII (times)10.63x239.63x
Big NII (times)
Small NII (times)
RII (times)29.79x494.99x
Employee (times)
Other (times)
Total (times)20.21x371.14x