Comparison between Allied Blenders IPO and IREDA IPO.
Allied Blenders IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while IREDA 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 IREDA IPO is up to ₹2,150.21 Cr. The final issue price of Allied Blenders IPO is ₹281.00 per share and of IREDA IPO is ₹32.00 per share.
| Allied Blenders IPO | IREDA IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹267.00 per share | ₹30.00 per share |
| Issue Price (Upper) | ₹281.00 per share | ₹32.00 per share |
| Issue Price (Final) | ₹281.00 per share | ₹32.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹26.00 per share | ₹0.00 per share |
| Market Lot Size | 53 shares | 460 shares |
| Fresh Issue Size | 3,55,96,486 shares | 40,31,64,706 shares |
| Fresh Issue Size (Amount) | up to ₹1,000.09 Cr | up to ₹1,290.13 Cr |
| OFS Issue Size | 1,77,93,593 shares | 26,87,76,471 shares |
| OFS Issue Size (Amount) | up to ₹499.91 Cr | up to ₹860.08 Cr |
| Issue Size Total | 5,33,90,079 shares | 67,19,41,177 shares |
| Issue Size Total (Amount) | up to ₹1,500.00 Cr | up to ₹2,150.21 Cr |
Allied Blenders IPO opens on Jun 25, 2024, while IREDA IPO opens on Nov 21, 2023. The closing date of Allied Blenders IPO and IREDA IPO is Jun 27, 2024, and Nov 23, 2023, respectively.
| Allied Blenders IPO | IREDA IPO | |
|---|---|---|
| Anchor Bid Date | Jun 24, 2024 | Nov 20, 2023 |
| Issue Open | Jun 25, 2024 | Nov 21, 2023 |
| Issue Close | Jun 27, 2024 | Nov 23, 2023 |
| Basis Of Allotment (Tentative) | Jun 28, 2024 | Nov 24, 2023 |
| Initiation of Refunds (Tentative) | Jul 01, 2024 | Nov 25, 2023 |
| Credit of Share (Tentative) | Jul 01, 2024 | Nov 28, 2023 |
| Listing date (Tentative) | Jul 02, 2024 | Nov 29, 2023 |
| Anchor Lockin End date 1 | Jul 28, 2024 | Dec 24, 2023 |
| Anchor Lockin End date 2 | Sep 26, 2024 | Feb 22, 2024 |
Allied Blenders IPO P/E ratio is 4284.57, as compared to IREDA IPO P/E ratio of 8.47.
| Allied Blenders IPO | IREDA IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.21 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 80.91 | 75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 4284.57 | 8.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹7859.59 Cr. | ₹8600.85 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 1.03% | 15.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.35% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.88 | 6.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.07 | ₹3.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 1.03% | 15.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Allied Blenders IPO Retail Individual Investors (RII) are offered 1,86,45,907 shares while in IREDA 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 13,40,13,152 shares in IREDA IPO.
| Allied Blenders IPO | IREDA IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,59,82,206 shares | 20,10,19,726 shares |
| Market Maker Reservation | ||
| QIB | 1,06,54,804 shares | 13,40,13,152 shares |
| NII | 79,91,103 shares | 10,05,09,864 shares |
| RII | 1,86,45,907 shares | 23,45,23,015 shares |
| Employee | 1,17,647 shares | 18,75,420 shares |
| Others | ||
| Total | 5,33,91,667 shares | 67,19,41,177 shares |
Allied Blenders IPO subscribed 24.85x in total, whereas IREDA IPO subscribed 38.80x.
| Allied Blenders IPO | IREDA IPO | |
|---|---|---|
| QIB (times) | 53.01x | 104.57x |
| NII (times) | 34.09x | 24.16x |
| Big NII (times) | 39.76x | 26.99x |
| Small NII (times) | 22.75x | 18.50x |
| RII (times) | 4.73x | 7.73x |
| Employee (times) | 10.44x | 9.80x |
| Other (times) | ||
| Total (times) | 24.85x | 38.80x |
