Allied Blenders IPO vs Mukka Proteins IPO

Comparison between Allied Blenders IPO and Mukka Proteins IPO.

IPO Details

Allied Blenders IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Mukka Proteins 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 Mukka Proteins IPO is up to ₹224.00 Cr. The final issue price of Allied Blenders IPO is ₹281.00 per share and of Mukka Proteins IPO is ₹28.00 per share.

 Allied Blenders IPOMukka Proteins IPO
Face Value₹2 per share₹1 per share
Issue Price (Lower)₹267.00 per share₹26.00 per share
Issue Price (Upper)₹281.00 per share₹28.00 per share
Issue Price (Final)₹281.00 per share₹28.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹26.00 per share
Market Lot Size53 shares535 shares
Fresh Issue Size3,55,96,486 shares8,00,00,000 shares
Fresh Issue Size (Amount)up to ₹1,000.09 Crup to ₹224.00 Cr
OFS Issue Size1,77,93,593 shares0 shares
OFS Issue Size (Amount)up to ₹499.91 Crup to ₹0.00 Cr
Issue Size Total5,33,90,079 shares8,00,00,000 shares
Issue Size Total (Amount)up to ₹1,500.00 Crup to ₹224.00 Cr

IPO Timetable

Allied Blenders IPO opens on Jun 25, 2024, while Mukka Proteins IPO opens on Feb 29, 2024. The closing date of Allied Blenders IPO and Mukka Proteins IPO is Jun 27, 2024, and Mar 04, 2024, respectively.

 Allied Blenders IPOMukka Proteins IPO
Anchor Bid DateJun 24, 2024Feb 28, 2024
Issue OpenJun 25, 2024Feb 29, 2024
Issue CloseJun 27, 2024Mar 04, 2024
Basis Of Allotment (Tentative)Jun 28, 2024Mar 05, 2024
Initiation of Refunds (Tentative)Jul 01, 2024Mar 06, 2024
Credit of Share (Tentative)Jul 01, 2024Mar 06, 2024
Listing date (Tentative)Jul 02, 2024Mar 07, 2024
Anchor Lockin End date 1Jul 28, 2024Apr 04, 2024
Anchor Lockin End date 2Sep 26, 2024Jun 03, 2024

Financials & KPIs

Allied Blenders IPO P/E ratio is 4284.57, as compared to Mukka Proteins IPO P/E ratio of 12.96.

 Allied Blenders IPOMukka Proteins 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 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets641.18575.16392.30353.93
Total Income612.881,183.80776.15609.95
Profit After Tax32.9847.5325.8211.01
NET Worth159.11128.9287.2564.54
Reserves and Surplus144.92112.5768.5160.80
Total Borrowing317.73254.83173.50159.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.21100
Promoter Shareholding (Post-Issue)80.91
P/E Ratio4284.5712.96
Market Cap₹7859.59 Cr.₹840.00 Cr.
ROE1.03%36.71%
ROCE24.35%17.62%
Debt/Equity1.881.64
EPS₹0.07₹2.16
RoNW1.03%34.19%

Shares Offered

In the Allied Blenders IPO Retail Individual Investors (RII) are offered 1,86,45,907 shares while in Mukka Proteins 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 1,60,00,435 shares in Mukka Proteins IPO.

 Allied Blenders IPOMukka Proteins IPO
Anchor Investor Reservation1,59,82,206 shares2,39,99,565 shares
Market Maker Reservation
QIB1,06,54,804 shares1,60,00,435 shares
NII79,91,103 shares1,20,00,000 shares
RII1,86,45,907 shares2,80,00,000 shares
Employee1,17,647 shares
Others
Total5,33,91,667 shares8,00,00,000 shares

Bids Received (Subscription)

Allied Blenders IPO subscribed 24.85x in total, whereas Mukka Proteins IPO subscribed 136.99x.

 Allied Blenders IPOMukka Proteins IPO
QIB (times)53.01x189.28x
NII (times)34.09x250.39x
Big NII (times)39.76x254.15x
Small NII (times)22.75x242.86x
RII (times)4.73x58.52x
Employee (times)10.44x
Other (times)
Total (times)24.85x136.99x

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Allied Blenders IPO Vs Mukka Proteins IPO