Allied Blenders IPO vs Fedbank Financial IPO

Comparison between Allied Blenders IPO and Fedbank Financial IPO.

IPO Details

Allied Blenders IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Fedbank Financial 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 Fedbank Financial IPO is up to ₹1,092.26 Cr. The final issue price of Allied Blenders IPO is ₹281.00 per share and of Fedbank Financial IPO is ₹140.00 per share.

 Allied Blenders IPOFedbank Financial IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹267.00 per share₹133.00 per share
Issue Price (Upper)₹281.00 per share₹140.00 per share
Issue Price (Final)₹281.00 per share₹140.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹26.00 per share₹10.00 per share
Market Lot Size53 shares107 shares
Fresh Issue Size3,55,96,486 shares4,28,95,082 shares
Fresh Issue Size (Amount)up to ₹1,000.09 Crup to ₹600.35 Cr
OFS Issue Size1,77,93,593 shares3,51,47,789 shares
OFS Issue Size (Amount)up to ₹499.91 Crup to ₹491.92 Cr
Issue Size Total5,33,90,079 shares7,80,42,871 shares
Issue Size Total (Amount)up to ₹1,500.00 Crup to ₹1,092.26 Cr

IPO Timetable

Allied Blenders IPO opens on Jun 25, 2024, while Fedbank Financial IPO opens on Nov 22, 2023. The closing date of Allied Blenders IPO and Fedbank Financial IPO is Jun 27, 2024, and Nov 24, 2023, respectively.

 Allied Blenders IPOFedbank Financial IPO
Anchor Bid DateJun 24, 2024Nov 21, 2023
Issue OpenJun 25, 2024Nov 22, 2023
Issue CloseJun 27, 2024Nov 24, 2023
Basis Of Allotment (Tentative)Jun 28, 2024Nov 28, 2023
Initiation of Refunds (Tentative)Jul 01, 2024Nov 28, 2023
Credit of Share (Tentative)Jul 01, 2024Nov 29, 2023
Listing date (Tentative)Jul 02, 2024Nov 30, 2023
Anchor Lockin End date 1Jul 28, 2024Dec 28, 2023
Anchor Lockin End date 2Sep 26, 2024Feb 26, 2024

Financials & KPIs

Allied Blenders IPO P/E ratio is 4284.57, as compared to Fedbank Financial IPO P/E ratio of 25.04.

 Allied Blenders IPOFedbank Financial 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)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets9,412.519,070.996,555.715,466.31
Total Income367.871,214.68883.64697.57
Profit After Tax53.88180.13103.4661.68
NET Worth1,414.901,355.681,153.52834.73
Reserves and Surplus1,076.671,021.52832.00544.45
Total Borrowing7,619.527,135.825,016.844,328.09
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.2172.28
Promoter Shareholding (Post-Issue)80.9162.40
P/E Ratio4284.5725.04
Market Cap₹7859.59 Cr.₹5165.06 Cr.
ROE1.03%14.36%
ROCE24.35%
Debt/Equity1.88
EPS₹0.07₹5.60
RoNW1.03%13.29%

Shares Offered

In the Allied Blenders IPO Retail Individual Investors (RII) are offered 1,86,45,907 shares while in Fedbank Financial 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 1,54,60,916 shares in Fedbank Financial IPO.

 Allied Blenders IPOFedbank Financial IPO
Anchor Investor Reservation1,59,82,206 shares2,31,91,374 shares
Market Maker Reservation
QIB1,06,54,804 shares1,54,60,916 shares
NII79,91,103 shares1,15,95,687 shares
RII1,86,45,907 shares2,70,56,603 shares
Employee1,17,647 shares7,69,230 shares
Others
Total5,33,91,667 shares7,80,73,810 shares

Bids Received (Subscription)

Allied Blenders IPO subscribed 24.85x in total, whereas Fedbank Financial IPO subscribed 2.24x.

 Allied Blenders IPOFedbank Financial IPO
QIB (times)53.01x3.48x
NII (times)34.09x1.49x
Big NII (times)39.76x1.27x
Small NII (times)22.75x1.95x
RII (times)4.73x1.88x
Employee (times)10.44x1.34x
Other (times)
Total (times)24.85x2.24x

Compare with others

Compare:

Allied Blenders IPO Vs Fedbank Financial IPO