Comparison between Associated Coaters IPO and Z-Tech IPO.
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.
| Associated Coaters IPO | Z-Tech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | NVS Brokerage Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | Z-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 Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 3,56,000 shares | 32,20,800 shares |
| Fresh Issue Size (Amount) | up to ₹4.31 Cr | up to ₹35.43 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 3,56,000 shares | 32,20,800 shares |
| Issue Size Total (Amount) | up to ₹4.31 Cr | up to ₹35.43 Cr |
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 IPO | Z-Tech IPO | |
|---|---|---|
| Anchor Bid Date | May 28, 2024 | |
| Issue Open | May 30, 2024 | May 29, 2024 |
| Issue Close | Jun 03, 2024 | May 31, 2024 |
| Basis Of Allotment (Tentative) | Jun 04, 2024 | Jun 03, 2024 |
| Initiation of Refunds (Tentative) | Jun 05, 2024 | Jun 05, 2024 |
| Credit of Share (Tentative) | Jun 05, 2024 | Jun 05, 2024 |
| Listing date (Tentative) | Jun 06, 2024 | Jun 05, 2024 |
| Anchor Lockin End date 1 | Jul 03, 2024 | |
| Anchor Lockin End date 2 | Sep 01, 2024 |
Associated Coaters IPO P/E ratio is 20.72, as compared to Z-Tech IPO P/E ratio of 13.27.
| Associated Coaters IPO | Z-Tech 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.
| Ztech India Limited Financial Information (Restated Consolidated)Ztech India Limited's revenue increased by 160.28% and profit after tax (PAT) rose by 296.44% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 82.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.79 | 60.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.72 | 13.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹16.36 Cr. | ₹140.77 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 71.66% | 34% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 68.30% | 44.02% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.07 | 0.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.84 | ₹8.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 53.69% | 34% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Z-Tech IPO | |
|---|---|---|
| Anchor Investor Reserveration | 9,64,800 shares | |
| Market Maker Reserveration | 66,000 shares | 1,70,400 shares |
| QIB | 6,44,400 shares | |
| NII | 1,78,000 shares | 4,83,600 shares |
| RII | 1,78,000 shares | 11,28,000 shares |
| Employee | ||
| Others | ||
| Total | 3,56,000 shares | 32,20,800 shares |
Associated Coaters IPO subscribed 371.14x in total, whereas Z-Tech IPO subscribed 371.39x.
| Associated Coaters IPO | Z-Tech IPO | |
|---|---|---|
| QIB (times) | 123.10x | |
| NII (times) | 239.63x | 832.37x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 494.99x | 315.59x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 371.14x | 371.39x |
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