Associated Coaters IPO vs United Cotfab IPO

Comparision between Associated Coaters IPO and United Cotfab IPO.

IPO Details

Associated Coaters IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while United Cotfab IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Associated Coaters IPO	United Cotfab IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Gretex Corporate Services Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Purva Sharegistry India Pvt Ltd
Market Maker	Gretex Share Broking Private Limited	Spread X Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
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 United Cotfab IPO is up to ₹36.29 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 IPO	United Cotfab IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹121.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	2000 shares
Fresh Issue Size	4,22,000 shares	51,84,000 shares
Fresh Issue Size (Amount)	up to ₹5.11 Cr	up to ₹36.29 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	4,22,000 shares	51,84,000 shares
Issue Size Total (Amount)	up to ₹5.11 Cr	up to ₹36.29 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 IPO	United Cotfab IPO
Anchor Bid Date
Issue Open	May 30, 2024	Jun 13, 2024
Issue Close	Jun 03, 2024	Jun 19, 2024
Basis Of Allotment (Tentative)	Jun 04, 2024	Jun 20, 2024
Initiation of Refunds (Tentative)	Jun 05, 2024	Jun 21, 2024
Credit of Share (Tentative)	Jun 05, 2024	Jun 21, 2024
Listing date (Tentative)	Jun 06, 2024	Jun 24, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

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

Associated Coaters IPO

United Cotfab 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

United Cotfab Limited Financial Information (Restated)

United Cotfab Limited's revenue increased by 17945.52% and profit after tax (PAT) rose by 6121.46% 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	8,168.46	5,367.71	1,559.95	107.10
Revenue	11,552.74	64.02	1.88
Profit After Tax	866.65	13.93	1.60	-0.11
Net Worth	1,356.42	993.56	681.97	0.22
Reserves and Surplus	188.10
Total Borrowing	4,750.93	3,821.18	773.47	106.50
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

68.79%

69.84%

P/E Ratio

20.72

9.7

Market Cap

₹16.36 Cr.

₹120.33 Cr.

ROE

71.66%%

72.76%%

ROCE

68.30%%

26.95%%

Debt/Equity

0.07

3.42

EPS

₹5.84

₹7.22

RoNW

53.69%%

63.89%%

Shares Offered

In the Associated Coaters IPO retail 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 0 shares in Associated Coaters IPO and 0 shares in United Cotfab IPO.

	Associated Coaters IPO	United Cotfab IPO
Anchor Investor Reserveration
Market Maker Reserveration	66,000 shares	2,60,000 shares
QIB	0 shares	0 shares
NII	1,78,000 shares	24,62,000 shares
RII	1,78,000 shares	24,62,000 shares
Employee	0 shares	0 shares
Others
Total	3,56,000 shares	49,24,000 shares

Bids Received (Subscription)

Associated Coaters IPO subscribed 371.14x in total, whereas United Cotfab IPO subscribed 107.16x.

	Associated Coaters IPO	United Cotfab IPO
QIB (times)
NII (times)	239.63x	114.71x
Big NII (times)
Small NII (times)
RII (times)	494.99x	77.22x
Employee (times)
Other (times)
Total (times)	371.14x	107.16x

Compare with others

Associated Coaters IPO	United Cotfab IPO
GPES Solar IPO	EnNutrica IPO
United Cotfab IPO	Falcon Technoprojects India IPO
3C IT IPO	Durlax Top Surface IPO
Magenta Lifecare IPO	GEM Enviro IPO
Sattrix IPO	GPES Solar IPO
TBI Corn IPO	3C IT IPO
Ztech India IPO	Magenta Lifecare IPO
Aimtron Electronics IPO	Sattrix IPO
Beacon Trusteeship IPO	Associated Coaters IPO
GSM Foils IPO	TBI Corn IPO

Comments

Add a public comment...