Associated Coaters IPO vs GSM Foils IPO

Comparison between Associated Coaters IPO and GSM Foils IPO.

IPO Details

Associated Coaters IPO is a SME Fixed Price IPO proposed to list at BSE SME while GSM Foils IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Associated Coaters IPO is up to ₹4.31 Cr whereas the issue size of the GSM Foils IPO is up to ₹10.44 Cr. The final issue price of Associated Coaters IPO is ₹121.00 per share and of GSM Foils IPO is ₹32.00 per share.

 Associated Coaters IPOGSM Foils IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹121.00 per share₹32.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares4000 shares
Fresh Issue Size3,56,000 shares32,64,000 shares
Fresh Issue Size (Amount)up to ₹4.31 Crup to ₹10.44 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,56,000 shares32,64,000 shares
Issue Size Total (Amount)up to ₹4.31 Crup to ₹10.44 Cr

IPO Timetable

Associated Coaters IPO opens on May 30, 2024, while GSM Foils IPO opens on May 24, 2024. The closing date of Associated Coaters IPO and GSM Foils IPO is Jun 03, 2024, and May 28, 2024, respectively.

Financials & KPIs

Associated Coaters IPO P/E ratio is 20.72, as compared to GSM Foils IPO P/E ratio of 20.98.

 Associated Coaters IPOGSM Foils IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets3.652.962.020.03
Total Income3.973.591.39
Profit After Tax0.760.540.14-0.00
NET Worth1.410.700.160.02
Reserves and Surplus0.480.670.13-0.01
Total Borrowing0.100.100.100.00
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets22.0814.3810.517.21
Total Income27.1865.8971.8536.46
Profit After Tax1.251.430.640.34
NET Worth1.278.366.596.58
Reserves and Surplus1.25
Total Borrowing14.132.422.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0099.99
Promoter Shareholding (Post-Issue)68.7973.14
P/E Ratio20.7220.98
Market Cap₹16.36 Cr.₹41.00 Cr.
ROE71.66%23.62%
ROCE68.30%1.60%
Debt/Equity0.0711.13
EPS₹5.84₹1.53
RoNW53.69%98.27%

Shares Offered

In the Associated Coaters IPO Retail Individual Investors (RII) are offered 1,78,000 shares while in GSM Foils IPO retail investors are offered 1,78,000 shares. Qualified Institutional Buyers (QIB) are offered in Associated Coaters IPO and in GSM Foils IPO.

 Associated Coaters IPOGSM Foils IPO
Anchor Investor Reservation
Market Maker Reservation66,000 shares1,76,000 shares
QIB
NII1,78,000 shares16,32,000 shares
RII1,78,000 shares16,32,000 shares
Employee
Others
Total3,56,000 shares32,64,000 shares

Bids Received (Subscription)

Associated Coaters IPO subscribed 371.14x in total, whereas GSM Foils IPO subscribed 257.30x.

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