
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
+62.0%
Est. Listing
₹196
at current GMP
Subscribed
371.32x
overall
Open
30 May 2024
Close
3 Jun 2024
Allotment
4 Jun 2024
Refund
5 Jun 2024
Demat Credit
6 Jun 2024
Listing
6 Jun 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹121
Band: ₹121
Estimated Listing Price
₹196
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,21,000
Estimated Profit / Lot
₹75,000
1000 × ₹75
Grey Market Premium trend
+₹75
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹75 | 62.0% | ₹196 |
| 30 Oct 2026 | +₹75 | 62.0% | ₹196 |
| 29 Oct 2026 | +₹68 | 55.8% | ₹189 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Associated Coaters Limited IPO is ₹75, which indicates an expected listing price of ₹196.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.