Associated Coaters IPO Subscription Status: Associated Coaters IPO is Open on May 30, 2024 and Close on June 3, 2024. Associated Coaters IPO to Raise
422,000 shares (Approx ₹5.11 Cr) via IPO. The Fresh Issue of 422,000 shares (Approx ₹5.11 Cr).
- The Retail Quota is 50%
- QIB is -%
- NII is 50%.
Associated Coaters IPO is an SME IPO and Listed on BSE SME. Associated Coaters IPO Price Band is Fixed at ₹121 Equity Share. Associated Coaters IPO Lot Size is 1000 Shares.
About Associated Coaters IPO :
- Associated Coaters Is Engaged In The Business Of Providing Services By Way Of Pre-Treatment And Powder Coating Of Aluminium Extrusions In Architect And Real Estate Industry. The Process Begins With A Comprehensive Cleaning, Where The Targeted Surface Of Aluminium Extrusions Is Thoroughly Cleansed Of Any Dirt, Grease, Or Contaminants That Might Impede The Subsequent Coating Process. Following This, A Strategic Chemical Solution Is Applied To Enhance The Adhesion Of The Powder Coating. This Involves The Application Of An Acidic Solution For Surface Etching Or The Use Of A Specialized Pretreatment Agent To Optimize Surface Wettability.
The Application Of Powder Coating Itself Is A Precision Art. Executed With An Electrostatic Spray Gun, This Method Involves Imparting A Negative Charge To The Powder Particles. These Charged Particles Are Then Irresistibly Drawn To The Positively Charged Surface, Creating A Magnetic-Like Adhesion. The Subsequent Step Involves The Melting And Fusion Of These Particles, Resulting In A Flawlessly Even Coating.
To Fortify The Durability Of The Coating, A Carefully Calibrated Heating Process Follows. This Involves Subjecting The Coated Surface To Elevated Temperatures, The Specifics Of Which Depend On The Unique Characteristics Of The Powder Coating Employed. This Curing Process Not Only Enhances Durability But Also Ensures A Lasting Finish.
Associated Coaters IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Non Institutional Buyers (NIIs) | 1,78,000 | 4,26,55,000 | 239.50 |
| Retail Individual Buyers (RIIs) | 1,78,000 | 8,81,08,000 | 488.83 |
| Market Maker | 66,000 | 66,000 | 1 |
| Total | 3,56,000 | 13,21,25,000 | 367.99 |
Associated Coaters Subscription Status day-by-day-
| Categories | 30 May | 31 May | 3 June |
|---|---|---|---|
| QIB | - | - | - |
| NII | 2.89 | 8.98 | 239.50 |
| RII | 17.97 | 52.19 | 488.83 |
| Total | 10.43 | 30.59 | 367.99 |
Associated Coaters Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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