Associated Coaters IPO vs Z-Tech IPO

Comparison between Associated Coaters IPO and Z-Tech IPO.

IPO Details

Associated Coaters IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Z-Tech IPO is a SME Bookbuilding 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 Z-Tech IPO is up to ₹35.43 Cr. The final issue price of Associated Coaters IPO is ₹121.00 per share and of Z-Tech IPO is ₹110.00 per share.

 Associated Coaters IPOZ-Tech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹104.00 per share
Issue Price (Upper)₹110.00 per share
Issue Price (Final)₹121.00 per share₹110.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size3,56,000 shares32,20,800 shares
Fresh Issue Size (Amount)up to ₹4.31 Crup to ₹35.43 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total3,56,000 shares32,20,800 shares
Issue Size Total (Amount)up to ₹4.31 Crup to ₹35.43 Cr

IPO Timetable

Associated Coaters IPO opens on May 30, 2024, while Z-Tech IPO opens on May 29, 2024. The closing date of Associated Coaters IPO and Z-Tech IPO is Jun 03, 2024, and May 31, 2024, respectively.

 Associated Coaters IPOZ-Tech IPO
Anchor Bid DateMay 28, 2024
Issue OpenMay 30, 2024May 29, 2024
Issue CloseJun 03, 2024May 31, 2024
Basis Of Allotment (Tentative)Jun 04, 2024Jun 03, 2024
Initiation of Refunds (Tentative)Jun 05, 2024Jun 05, 2024
Credit of Share (Tentative)Jun 05, 2024Jun 05, 2024
Listing date (Tentative)Jun 06, 2024Jun 05, 2024
Anchor Lockin End date 1Jul 03, 2024
Anchor Lockin End date 2Sep 01, 2024

Financials & KPIs

Associated Coaters IPO P/E ratio is 20.72, as compared to Z-Tech IPO P/E ratio of 13.27.

 Associated Coaters IPOZ-Tech 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 Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets41.9223.4019.2519.73
Total Income67.3725.8830.8423.96
Profit After Tax7.801.970.080.65
NET Worth21.919.998.027.94
Reserves and Surplus12.508.896.926.84
Total Borrowing1.310.710.720.94
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0082.65
Promoter Shareholding (Post-Issue)68.7960.75
P/E Ratio20.7213.27
Market Cap₹16.36 Cr.₹140.77 Cr.
ROE71.66%34%
ROCE68.30%44.02%
Debt/Equity0.070.06
EPS₹5.84₹8.29
RoNW53.69%34%

Shares Offered

In the Associated Coaters IPO Retail Individual Investors (RII) are offered 1,78,000 shares while in Z-Tech IPO retail investors are offered 1,78,000 shares. Qualified Institutional Buyers (QIB) are offered in Associated Coaters IPO and 6,44,400 shares in Z-Tech IPO.

 Associated Coaters IPOZ-Tech IPO
Anchor Investor Reservation9,64,800 shares
Market Maker Reservation66,000 shares1,70,400 shares
QIB6,44,400 shares
NII1,78,000 shares4,83,600 shares
RII1,78,000 shares11,28,000 shares
Employee
Others
Total3,56,000 shares32,20,800 shares

Bids Received (Subscription)

Associated Coaters IPO subscribed 371.14x in total, whereas Z-Tech IPO subscribed 371.39x.

 Associated Coaters IPOZ-Tech IPO
QIB (times)123.10x
NII (times)239.63x832.37x
Big NII (times)
Small NII (times)
RII (times)494.99x315.59x
Employee (times)
Other (times)
Total (times)371.14x371.39x

Compare with others

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Associated Coaters IPO Vs Z-Tech IPO