Associated Coaters IPO vs United Cotfab IPO

Comparison between Associated Coaters IPO and United Cotfab IPO.

IPO Details

Associated Coaters IPO is a SME Fixed Price IPO proposed to list at BSE SME while United Cotfab IPO is a SME Fixed Price proposed to list at BSE 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 United Cotfab IPO is up to ₹34.47 Cr. The final issue price of Associated Coaters IPO is ₹121.00 per share and of United Cotfab IPO is ₹70.00 per share.

 Associated Coaters IPOUnited Cotfab IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹121.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size1000 shares2000 shares
Fresh Issue Size3,56,000 shares49,24,000 shares
Fresh Issue Size (Amount)up to ₹4.31 Crup to ₹34.47 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,56,000 shares49,24,000 shares
Issue Size Total (Amount)up to ₹4.31 Crup to ₹34.47 Cr

IPO Timetable

Associated Coaters IPO opens on May 30, 2024, while United Cotfab IPO opens on Jun 13, 2024. The closing date of Associated Coaters IPO and United Cotfab IPO is Jun 03, 2024, and Jun 19, 2024, respectively.

 Associated Coaters IPOUnited Cotfab IPO
Issue OpenMay 30, 2024Jun 13, 2024
Issue CloseJun 03, 2024Jun 19, 2024
Basis Of Allotment (Tentative)Jun 04, 2024Jun 20, 2024
Initiation of Refunds (Tentative)Jun 05, 2024Jun 21, 2024
Credit of Share (Tentative)Jun 05, 2024Jun 21, 2024
Listing date (Tentative)Jun 06, 2024Jun 24, 2024

Financials & KPIs

Associated Coaters IPO P/E ratio is 20.72, as compared to United Cotfab IPO P/E ratio of 9.7.

 Associated Coaters IPOUnited Cotfab 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 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets81.6853.6815.601.07
Total Income115.530.640.02
Profit After Tax8.670.140.02-0.00
NET Worth13.569.946.820.00
Reserves and Surplus1.88
Total Borrowing47.5138.217.731.07
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)68.79%69.84%
P/E Ratio20.729.7
Market Cap₹16.36 Cr.₹120.33 Cr.
ROE71.6672.76
ROCE68.3026.95
Debt/Equity0.073.42
EPS₹5.84₹7.22
RoNW53.6963.89

Shares Offered

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

 Associated Coaters IPOUnited Cotfab IPO
Market Maker Reservation66,000 shares2,60,000 shares
NII1,78,000 shares24,62,000 shares
RII1,78,000 shares24,62,000 shares
Total3,56,000 shares49,24,000 shares

Bids Received (Subscription)

Associated Coaters IPO subscribed 367.31x in total, whereas United Cotfab IPO subscribed 107.16x.

 Associated Coaters IPOUnited Cotfab IPO
NII (times)239.63x137.11x
RII (times)494.99x77.22x
Total (times)367.31x107.16x

Compare with others

Compare:

Associated Coaters IPO Vs United Cotfab IPO