Allied Blenders IPO vs Flair Writing Industries IPO

Comparison between Allied Blenders IPO and Flair Writing Industries IPO.

IPO Details

Allied Blenders IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Flair Writing Industries 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 Flair Writing Industries IPO is up to ₹593.00 Cr. The final issue price of Allied Blenders IPO is ₹281.00 per share and of Flair Writing Industries IPO is ₹304.00 per share.

 Allied Blenders IPOFlair Writing Industries IPO
Face Value₹2 per share₹5 per share
Issue Price (Lower)₹267.00 per share₹288.00 per share
Issue Price (Upper)₹281.00 per share₹304.00 per share
Issue Price (Final)₹281.00 per share₹304.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹26.00 per share
Market Lot Size53 shares49 shares
Fresh Issue Size3,55,96,486 shares96,05,263 shares
Fresh Issue Size (Amount)up to ₹1,000.09 Crup to ₹292.00 Cr
OFS Issue Size1,77,93,593 shares99,01,315 shares
OFS Issue Size (Amount)up to ₹499.91 Crup to ₹301.00 Cr
Issue Size Total5,33,90,079 shares1,95,06,578 shares
Issue Size Total (Amount)up to ₹1,500.00 Crup to ₹593.00 Cr

IPO Timetable

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

 Allied Blenders IPOFlair Writing Industries 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 29, 2023
Initiation of Refunds (Tentative)Jul 01, 2024Nov 30, 2023
Credit of Share (Tentative)Jul 01, 2024Nov 30, 2023
Listing date (Tentative)Jul 02, 2024Dec 01, 2023
Anchor Lockin End date 1Jul 28, 2024Dec 29, 2023
Anchor Lockin End date 2Sep 26, 2024Feb 27, 2024

Financials & KPIs

Allied Blenders IPO P/E ratio is 4284.57, as compared to Flair Writing Industries IPO P/E ratio of 23.36.

 Allied Blenders IPOFlair Writing Industries 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
Assets765.04684.18557.49480.66
Total Income248.50954.29587.64310.87
Profit After Tax32.14118.1055.150.99
NET Worth470.16437.99319.86264.65
Reserves and Surplus423.46391.29296.50241.31
Total Borrowing126.67115.59126.33130.31
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.2197.49
Promoter Shareholding (Post-Issue)80.9179.21
P/E Ratio4284.5723.36
Market Cap₹7859.59 Cr.₹3204.00 Cr.
ROE1.03%31.17%
ROCE24.35%31.24%
Debt/Equity1.880.26
EPS₹0.07₹12.33
RoNW1.03%31.17%

Shares Offered

In the Allied Blenders IPO Retail Individual Investors (RII) are offered 1,86,45,907 shares while in Flair Writing Industries 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 39,01,316 shares in Flair Writing Industries IPO.

 Allied Blenders IPOFlair Writing Industries IPO
Anchor Investor Reservation1,59,82,206 shares58,51,972 shares
Market Maker Reservation
QIB1,06,54,804 shares39,01,316 shares
NII79,91,103 shares29,25,987 shares
RII1,86,45,907 shares68,27,303 shares
Employee1,17,647 shares
Others
Total5,33,91,667 shares1,95,06,578 shares

Bids Received (Subscription)

Allied Blenders IPO subscribed 24.85x in total, whereas Flair Writing Industries IPO subscribed 49.28x.

 Allied Blenders IPOFlair Writing Industries IPO
QIB (times)53.01x122.02x
NII (times)34.09x35.23x
Big NII (times)39.76x36.53x
Small NII (times)22.75x32.61x
RII (times)4.73x13.73x
Employee (times)10.44x
Other (times)
Total (times)24.85x49.28x

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