Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Associated Coaters IPO vs Sattrix Information Security IPO

Comparison between Associated Coaters IPO and Sattrix Information Security IPO.

IPO Details

Associated Coaters IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sattrix Information Security IPO is a SME Fixed Price proposed to list at BSE SME.

 Associated Coaters IPOSattrix Information Security IPO
LogoAssociated Coaters IPO LogoSattrix Information Security IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersGretex Corporate Services Ltd.ISK Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Sunflower 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 Associated Coaters IPO is up to ₹4.31 Cr whereas the issue size of the Sattrix Information Security IPO is up to ₹20.67 Cr. The final issue price of Associated Coaters IPO is ₹121.00 per share and of Sattrix Information Security IPO is ₹121.00 per share.

 Associated Coaters IPOSattrix Information Security IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹121.00 per share₹121.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1000 shares
Fresh Issue Size3,56,000 shares17,08,000 shares
Fresh Issue Size (Amount)up to ₹4.31 Crup to ₹20.67 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,56,000 shares17,08,000 shares
Issue Size Total (Amount)up to ₹4.31 Crup to ₹20.67 Cr

IPO Timetable

Associated Coaters IPO opens on May 30, 2024, while Sattrix Information Security IPO opens on Jun 05, 2024. The closing date of Associated Coaters IPO and Sattrix Information Security IPO is Jun 03, 2024, and Jun 07, 2024, respectively.

 Associated Coaters IPOSattrix Information Security IPO
Anchor Bid Date
Issue OpenMay 30, 2024Jun 05, 2024
Issue CloseJun 03, 2024Jun 07, 2024
Basis Of Allotment (Tentative)Jun 04, 2024Jun 10, 2024
Initiation of Refunds (Tentative)Jun 05, 2024Jun 11, 2024
Credit of Share (Tentative)Jun 05, 2024Jun 11, 2024
Listing date (Tentative)Jun 06, 2024Jun 12, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Associated Coaters IPO P/E ratio is 20.72, as compared to Sattrix Information Security IPO P/E ratio of 15.12.

 Associated Coaters IPOSattrix Information Security IPO
Financials

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

Sattrix Information Security Limited Financial Information (Restated Consolidated)

Sattrix Information Security Limited's revenue increased by 60.76% and profit after tax (PAT) rose by 86.86% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,462.282,567.061,449.07950.32
Total Income3,061.613,775.652,348.692,120.23
Profit After Tax250.71400.12214.13193.83
Net Worth1,446.961,194.02776.51557.12
Reserves and Surplus946.961,193.02775.51556.12
Total Borrowing384.77194.55235.8844.54
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)68.79
P/E Ratio20.7215.12
Market Cap₹16.36 Cr.₹82.28 Cr.
ROE71.66%18.99%
ROCE68.30%20.93%
Debt/Equity0.070.27
EPS₹5.84₹8.00
RoNW53.69%17.33%

Shares Offered

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

 Associated Coaters IPOSattrix Information Security IPO
Anchor Investor Reserveration
Market Maker Reserveration66,000 shares92,000 shares
QIB
NII1,78,000 shares8,54,000 shares
RII1,78,000 shares8,54,000 shares
Employee
Others
Total3,56,000 shares17,08,000 shares

Bids Received (Subscription)

Associated Coaters IPO subscribed 371.14x in total, whereas Sattrix Information Security IPO subscribed 70.44x.

 Associated Coaters IPOSattrix Information Security IPO
QIB (times)
NII (times)239.63x87.88x
Big NII (times)
Small NII (times)
RII (times)494.99x37.76x
Employee (times)
Other (times)
Total (times)371.14x70.44x