Allied Blenders IPO vs Gandhar Oil Refinery IPO

Comparison between Allied Blenders IPO and Gandhar Oil Refinery IPO.

IPO Details

Allied Blenders IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Gandhar Oil Refinery 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 Gandhar Oil Refinery IPO is up to ₹500.69 Cr. The final issue price of Allied Blenders IPO is ₹281.00 per share and of Gandhar Oil Refinery IPO is ₹169.00 per share.

 Allied Blenders IPOGandhar Oil Refinery IPO
Face Value₹2 per share₹2 per share
Issue Price (Lower)₹267.00 per share₹160.00 per share
Issue Price (Upper)₹281.00 per share₹169.00 per share
Issue Price (Final)₹281.00 per share₹169.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹26.00 per share
Market Lot Size53 shares88 shares
Fresh Issue Size3,55,96,486 shares1,78,69,822 shares
Fresh Issue Size (Amount)up to ₹1,000.09 Crup to ₹302.00 Cr
OFS Issue Size1,77,93,593 shares1,17,56,910 shares
OFS Issue Size (Amount)up to ₹499.91 Crup to ₹198.69 Cr
Issue Size Total5,33,90,079 shares2,96,26,732 shares
Issue Size Total (Amount)up to ₹1,500.00 Crup to ₹500.69 Cr

IPO Timetable

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

 Allied Blenders IPOGandhar Oil Refinery 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 29, 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 Gandhar Oil Refinery IPO P/E ratio of .

 Allied Blenders IPOGandhar Oil Refinery 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 (Proforma Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,795.571,613.441,318.211,097.70
Total Income1,071.524,101.793,397.982,069.58
Profit After Tax54.28213.18184.30161.14
NET Worth810.79760.21560.71375.76
Reserves and Surplus763.99719.19529.07355.68
Total Borrowing335.62169.53158.16176.78
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.2187.50
Promoter Shareholding (Post-Issue)80.9164.63
P/E Ratio4284.57
Market Cap₹7859.59 Cr.₹1654.00 Cr.
ROE1.03%32.28%
ROCE24.35%41.19%
Debt/Equity1.880.22
EPS₹0.07₹23.77
RoNW1.03%32.28%

Shares Offered

In the Allied Blenders IPO Retail Individual Investors (RII) are offered 1,86,45,907 shares while in Gandhar Oil Refinery 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 59,25,347 shares in Gandhar Oil Refinery IPO.

 Allied Blenders IPOGandhar Oil Refinery IPO
Anchor Investor Reservation1,59,82,206 shares88,88,018 shares
Market Maker Reservation
QIB1,06,54,804 shares59,25,347 shares
NII79,91,103 shares44,44,010 shares
RII1,86,45,907 shares1,03,69,357 shares
Employee1,17,647 shares
Others
Total5,33,91,667 shares2,96,26,732 shares

Bids Received (Subscription)

Allied Blenders IPO subscribed 24.85x in total, whereas Gandhar Oil Refinery IPO subscribed 65.63x.

 Allied Blenders IPOGandhar Oil Refinery IPO
QIB (times)53.01x129.06x
NII (times)34.09x64.34x
Big NII (times)39.76x61.93x
Small NII (times)22.75x69.17x
RII (times)4.73x29.93x
Employee (times)10.44x
Other (times)
Total (times)24.85x65.63x

Compare with others

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Allied Blenders IPO Vs Gandhar Oil Refinery IPO