Comparison between Allied Blenders IPO and Happy Forgings IPO.
Allied Blenders IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Happy Forgings IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Allied Blenders IPO is up to ₹1,500.00 Cr whereas the issue size of the Happy Forgings IPO is up to ₹1,008.59 Cr. The final issue price of Allied Blenders IPO is ₹281.00 per share and of Happy Forgings IPO is ₹850.00 per share.
| Allied Blenders IPO | Happy Forgings IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹267.00 per share | ₹808.00 per share |
| Issue Price (Upper) | ₹281.00 per share | ₹850.00 per share |
| Issue Price (Final) | ₹281.00 per share | ₹850.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹26.00 per share | |
| Market Lot Size | 53 shares | 17 shares |
| Fresh Issue Size | 3,55,96,486 shares | 47,05,882 shares |
| Fresh Issue Size (Amount) | up to ₹1,000.09 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 1,77,93,593 shares | 71,59,920 shares |
| OFS Issue Size (Amount) | up to ₹499.91 Cr | up to ₹608.59 Cr |
| Issue Size Total | 5,33,90,079 shares | 1,18,65,802 shares |
| Issue Size Total (Amount) | up to ₹1,500.00 Cr | up to ₹1,008.59 Cr |
Allied Blenders IPO opens on Jun 25, 2024, while Happy Forgings IPO opens on Dec 19, 2023. The closing date of Allied Blenders IPO and Happy Forgings IPO is Jun 27, 2024, and Dec 21, 2023, respectively.
| Allied Blenders IPO | Happy Forgings IPO | |
|---|---|---|
| Anchor Bid Date | Jun 24, 2024 | Dec 18, 2023 |
| Issue Open | Jun 25, 2024 | Dec 19, 2023 |
| Issue Close | Jun 27, 2024 | Dec 21, 2023 |
| Basis Of Allotment (Tentative) | Jun 28, 2024 | Dec 22, 2023 |
| Initiation of Refunds (Tentative) | Jul 01, 2024 | Dec 26, 2023 |
| Credit of Share (Tentative) | Jul 01, 2024 | Dec 26, 2023 |
| Listing date (Tentative) | Jul 02, 2024 | Dec 27, 2023 |
| Anchor Lockin End date 1 | Jul 28, 2024 | Jan 21, 2024 |
| Anchor Lockin End date 2 | Sep 26, 2024 | Mar 21, 2024 |
Allied Blenders IPO P/E ratio is 4284.57, as compared to Happy Forgings IPO P/E ratio of 36.45.
| Allied Blenders IPO | Happy Forgings IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.21 | 88.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 80.91 | 78.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 4284.57 | 36.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹7859.59 Cr. | ₹8007.42 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 1.03% | 21.12% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.35% | 24.24% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.07 | ₹23.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 1.03% | 21.12% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Allied Blenders IPO Retail Individual Investors (RII) are offered 1,86,45,907 shares while in Happy Forgings IPO retail investors are offered 1,86,45,907 shares. Qualified Institutional Buyers (QIB) are offered 1,06,54,804 shares in Allied Blenders IPO and 23,73,160 shares in Happy Forgings IPO.
| Allied Blenders IPO | Happy Forgings IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,59,82,206 shares | 35,59,740 shares |
| Market Maker Reservation | ||
| QIB | 1,06,54,804 shares | 23,73,160 shares |
| NII | 79,91,103 shares | 17,79,871 shares |
| RII | 1,86,45,907 shares | 41,53,031 shares |
| Employee | 1,17,647 shares | |
| Others | ||
| Total | 5,33,91,667 shares | 1,18,65,802 shares |
Allied Blenders IPO subscribed 24.85x in total, whereas Happy Forgings IPO subscribed 82.63x.
| Allied Blenders IPO | Happy Forgings IPO | |
|---|---|---|
| QIB (times) | 53.01x | 214.65x |
| NII (times) | 34.09x | 63.45x |
| Big NII (times) | 39.76x | 69.87x |
| Small NII (times) | 22.75x | 50.61x |
| RII (times) | 4.73x | 15.40x |
| Employee (times) | 10.44x | |
| Other (times) | ||
| Total (times) | 24.85x | 82.63x |
