Allied Blenders IPO vs ASK Automotive IPO

Comparison between Allied Blenders IPO and ASK Automotive IPO.

IPO Details

Allied Blenders IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while ASK Automotive IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Allied Blenders IPO is up to ₹1,500.00 Cr whereas the issue size of the ASK Automotive IPO is up to ₹833.91 Cr. The final issue price of Allied Blenders IPO is ₹281.00 per share and of ASK Automotive IPO is ₹282.00 per share.

 Allied Blenders IPOASK Automotive IPO
Face Value₹2 per share₹2 per share
Issue Price (Lower)₹267.00 per share₹268.00 per share
Issue Price (Upper)₹281.00 per share₹282.00 per share
Issue Price (Final)₹281.00 per share₹282.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹26.00 per share
Market Lot Size53 shares53 shares
Fresh Issue Size3,55,96,486 shares0 shares
Fresh Issue Size (Amount)up to ₹1,000.09 Crup to ₹0.00 Cr
OFS Issue Size1,77,93,593 shares2,95,71,390 shares
OFS Issue Size (Amount)up to ₹499.91 Crup to ₹833.91 Cr
Issue Size Total5,33,90,079 shares2,95,71,390 shares
Issue Size Total (Amount)up to ₹1,500.00 Crup to ₹833.91 Cr

IPO Timetable

Allied Blenders IPO opens on Jun 25, 2024, while ASK Automotive IPO opens on Nov 07, 2023. The closing date of Allied Blenders IPO and ASK Automotive IPO is Jun 27, 2024, and Nov 09, 2023, respectively.

 Allied Blenders IPOASK Automotive IPO
Anchor Bid DateJun 24, 2024Nov 06, 2023
Issue OpenJun 25, 2024Nov 07, 2023
Issue CloseJun 27, 2024Nov 09, 2023
Basis Of Allotment (Tentative)Jun 28, 2024Nov 10, 2023
Initiation of Refunds (Tentative)Jul 01, 2024Nov 10, 2023
Credit of Share (Tentative)Jul 01, 2024Nov 13, 2023
Listing date (Tentative)Jul 02, 2024Nov 15, 2023
Anchor Lockin End date 1Jul 28, 2024Dec 10, 2023
Anchor Lockin End date 2Sep 26, 2024Feb 08, 2024

Financials & KPIs

Allied Blenders IPO P/E ratio is 4284.57, as compared to ASK Automotive IPO P/E ratio of 45.63.

 Allied Blenders IPOASK Automotive IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,741.392,487.702,248.352,298.57
Total Income5,914.987,116.757,208.176,397.81
Profit After Tax4.231.601.482.51
NET Worth409.26406.10404.10381.78
Reserves and Surplus360.43357.28356.99327.85
Total Borrowing798.11780.82846.91954.74
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,443.341,281.211,105.56948.25
Total Income657.552,566.282,024.261,567.77
Profit After Tax34.83122.9582.66106.20
NET Worth643.77631.91622.23
Reserves and Surplus639.03604.34591.73581.54
Total Borrowing268.03231.82119.7854.02
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.21100
Promoter Shareholding (Post-Issue)80.91
P/E Ratio4284.5745.63
Market Cap₹7859.59 Cr.₹5559.00 Cr.
ROE1.03%
ROCE24.35%
Debt/Equity1.880.49
EPS₹0.07₹6.18
RoNW1.03%19.10%

Shares Offered

In the Allied Blenders IPO Retail Individual Investors (RII) are offered 1,86,45,907 shares while in ASK Automotive 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 59,14,278 shares in ASK Automotive IPO.

 Allied Blenders IPOASK Automotive IPO
Anchor Investor Reservation1,59,82,206 shares88,71,416 shares
Market Maker Reservation
QIB1,06,54,804 shares59,14,278 shares
NII79,91,103 shares44,35,709 shares
RII1,86,45,907 shares1,03,49,987 shares
Employee1,17,647 shares
Others
Total5,33,91,667 shares2,95,71,390 shares

Bids Received (Subscription)

Allied Blenders IPO subscribed 24.85x in total, whereas ASK Automotive IPO subscribed 51.14x.

 Allied Blenders IPOASK Automotive IPO
QIB (times)53.01x142.41x
NII (times)34.09x35.47x
Big NII (times)39.76x41.13x
Small NII (times)22.75x24.16x
RII (times)4.73x5.70x
Employee (times)10.44x
Other (times)
Total (times)24.85x51.14x

Compare with others

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Allied Blenders IPO Vs ASK Automotive IPO