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associated coaters ltd

Associated Coaters Ltd

Issue
Opens On	Closes On
30-May-24	03-Jun-24

Money Payable On
Application	Allotment
121.00	0.00

Minimum Application for shares in Nos : 1000 Further Multiples of : 1000

Lead Managers to the Issue
Project Cost (₹.Cr)	3.94	Gretex Corporate Services Ltd
Project Financed through Current Offer (₹.Cr)	5.11
Post Issue Equity Share Capital (₹.Cr)	1.35
Issue Price (₹)	121.00

Projects

Funding Capital Expenditure Towards Installation of Plant & Machinery in Our Existing Permises

Working Capital Requirements

General Corporate Purposes

Promoted By

Jagjit Singh Dhillon

Navneet Kaur

Listing At

BSE - SME

Registrar to the Issue

No Data Available

Registered Office: Ashuti Khanberai Maheshtala LP,20/83/46 South 24 Parganas, Kolkata - 700141, West Bengal, India. Phone : +91 98304 37701 Fax:
Email : info@associatedcoaters.in
Website :www.associatedcoaters.in

Public Issue of upto 4,22,000 equity shares of face value of Rs. 10.00 each ("equity shares") of Associated Coaters Limited (the "company" or the "issuer") for cash at a price of Rs. 121 per equity share including a share premium of Rs. 111 per equity share (the "Issue Price") aggregating to Rs. 5.11 Crores ("the issue") of which 66,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 121 per equity share including a share premium of Rs. 111 per equity share aggregating to Rs. 0.80 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 3,56,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 121 per equity share including a share premium of Rs. 111 per equity share aggregating to Rs. 4.31 Crores (the "Net Issue"). The gross issue and the net issue will constitute 31.21% and 26.33% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10.00 and the issue price is 12.10 times of the face value of the equity shares.