Associated Coaters IPO vs Beacon Trusteeship IPO

Comparision between Associated Coaters IPO and Beacon Trusteeship IPO.

IPO Details

Associated Coaters IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Beacon Trusteeship IPO is a SME Book Built Issue proposed to list at NSE SME.

	Associated Coaters IPO	Beacon Trusteeship IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Gretex Corporate Services Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Gretex Share Broking Private Limited	Spread X Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Associated Coaters IPO is up to ₹5.11 Cr whereas the issue size of the Beacon Trusteeship IPO is up to ₹32.52 Cr. The final issue price of Associated Coaters IPO is ₹121.00 per share and of Beacon Trusteeship IPO is ₹60.00 per share.

	Associated Coaters IPO	Beacon Trusteeship IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹57.00 per share
Issue Price (Upper)		₹60.00 per share
Issue Price (Final)	₹121.00 per share	₹60.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	2000 shares
Fresh Issue Size	4,22,000 shares	38,72,000 shares
Fresh Issue Size (Amount)	up to ₹5.11 Cr	up to ₹23.23 Cr
OFS Issue Size		15,48,000 shares
OFS Issue Size (Amount)		up to ₹9.29 Cr
Issue Size Total	4,22,000 shares	54,20,000 shares
Issue Size Total (Amount)	up to ₹5.11 Cr	up to ₹32.52 Cr

IPO Timetable

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

	Associated Coaters IPO	Beacon Trusteeship IPO
Anchor Bid Date		May 27, 2024
Issue Open	May 30, 2024	May 28, 2024
Issue Close	Jun 03, 2024	May 30, 2024
Basis Of Allotment (Tentative)	Jun 04, 2024	May 31, 2024
Initiation of Refunds (Tentative)	Jun 05, 2024	Jun 03, 2024
Credit of Share (Tentative)	Jun 05, 2024	Jun 03, 2024
Listing date (Tentative)	Jun 06, 2024	Jun 04, 2024
Anchor Lockin End date 1		Jun 30, 2024
Anchor Lockin End date 2		Aug 29, 2024

Financials

Associated Coaters IPO P/E ratio is 20.72, as compared to Beacon Trusteeship IPO P/E ratio of 16.49.

Associated Coaters IPO

Beacon Trusteeship IPO

Financial

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 Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	364.74	296.12	201.81	2.72
Revenue	397.00	358.94	139.41
Profit After Tax	75.77	54.30	13.67	-0.14
Net Worth	141.11	70.34	16.05	2.38
Reserves and Surplus	48.11	67.34	13.05	-0.62
Total Borrowing	9.90	9.90	10.10	0.20
Amount in ₹ Lakhs

Beacon Trusteeship Limited Financial Information (Restated Consolidated)

Beacon Trusteeship Limited's revenue increased by 33% and profit after tax (PAT) rose by 34.25% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,696.56	2,254.30	1,685.14	868.62
Revenue	2,091.20	1,572.36	1,049.02	559.85
Profit After Tax	516.36	384.64	361.58	95.00
Net Worth	1,916.29	1,399.53	1,016.53	414.94
Reserves and Surplus	498.24	1,099.19	714.55	152.70
Total Borrowing				200.00
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

67.88%

Promoter Shareholding (Post-Issue)

68.79%

46.14%

P/E Ratio

20.72

16.49

Market Cap

₹16.36 Cr.

₹108.39 Cr.

ROE

71.66%%

31.12%%

ROCE

68.30%%

Debt/Equity

0.07

EPS

₹5.84

₹3.64

RoNW

53.69%%

26.95%%

Shares Offered

In the Associated Coaters IPO retail investors (RII) are offered 1,78,000 shares while in Beacon Trusteeship IPO retail investors are offered 1,78,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Associated Coaters IPO and 10,30,000 shares in Beacon Trusteeship IPO.

	Associated Coaters IPO	Beacon Trusteeship IPO
Anchor Investor Reserveration		15,42,000 shares
Market Maker Reserveration	66,000 shares	2,72,000 shares
QIB	0 shares	10,30,000 shares
NII	1,78,000 shares	7,74,000 shares
RII	1,78,000 shares	18,02,000 shares
Employee	0 shares	0 shares
Others
Total	3,56,000 shares	36,06,000 shares

Bids Received (Subscription)

Associated Coaters IPO subscribed 371.14x in total, whereas Beacon Trusteeship IPO subscribed 465.20x.

	Associated Coaters IPO	Beacon Trusteeship IPO
QIB (times)		163.86x
NII (times)	239.63x	779.38x
Big NII (times)
Small NII (times)
RII (times)	494.99x	502.49x
Employee (times)
Other (times)
Total (times)	371.14x	465.20x

Compare with others

Associated Coaters IPO	Beacon Trusteeship IPO
GPES Solar IPO	Sattrix IPO
United Cotfab IPO	Associated Coaters IPO
3C IT IPO	TBI Corn IPO
Magenta Lifecare IPO	Ztech India IPO
Sattrix IPO	Aimtron Electronics IPO
TBI Corn IPO	GSM Foils IPO
Ztech India IPO	Vilas Transcore IPO
Aimtron Electronics IPO	Hariom Atta & Spices IPO
Beacon Trusteeship IPO	Rulka Electricals IPO
GSM Foils IPO	Quest Laboratories IPO

Comments

Add a public comment...