What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Associated Coaters Limited IPO allotment date?

The basis of allotment for Associated Coaters Limited IPO is scheduled to be finalized on 4 Jun 2024.

Where can I check Associated Coaters Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 5 Jun 2024.

IPO GreyPremiumLIVE

Grey Market Intelligence

Associated Coaters Limited

ListedSME

Industrial / Manufacturing · BSE

Associated Coaters Limited started in 2017, specializing in pre-treatment and powder coating of aluminium extrusions for the architectural and real estate industries. The company operates from two manual powder coating plants and one fully automatic plant, set up in July 2017, with an annual capacity of 1,200 metric tons. It is a prominent name in eastern India, known for delivering quality services backed by its ISO 9001:2015 certification. As of November 30, 2023, the company has a team of 15 dedicated employees, ensuring precision and top-notch coating solutions.

Price Band

₹121

Issue Size

₹5.11 Cr

Lot Size

1000 shares

GMP

₹75

+62.0%

Est. Listing

₹196

at current GMP

Subscribed

371.32x

overall

Open

30 May 2024

3 Jun 2024

Allotment

4 Jun 2024

Refund

5 Jun 2024

Demat Credit

6 Jun 2024

Listing

6 Jun 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Associated Coaters Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

4 Jun 2024

Basis finalization

Refunds Initiate

5 Jun 2024

Mandate release

Demat Credit

6 Jun 2024

Shares in demat

Listing Debut

6 Jun 2024

Trading begins

About Associated Coaters Limited Public Issue & Market Profile

Associated Coaters Limited is bringing an initial public offering (IPO) in the Industrial / Manufacturing sector with an aggregate issue size of ₹5.11 Crores. The shares are offered at a price band of ₹121 to ₹121 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,21,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-06, while un-allotted funds or UPI block mandates will be released on 2024-06-05.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.

Associated Coaters Limited

Associated Coaters Limited Allotment Status

How to Check Associated Coaters Limited IPO Allotment Status

About Associated Coaters Limited Public Issue & Market Profile

Frequently Asked Questions

What if my name is not showing on the registrar portal?

How will I receive the refund if I don't get allotment?