Bookbuilding IPO | ₹86 Cr | Listed at BSE, NSE | Mon, Jul 2, 2007 - Thu, Jul 5, 2007
Allied Digital IPO is a book build issue of ₹85.93 crores. The issue is entirely a fresh issue of 0.45 crore shares of ₹85.93 crore.
Allied Digital IPO bidding started from Jul 2, 2007 and ended on Jul 5, 2007. The shares got listed on BSE, NSE on Jul 25, 2007.
Allied Digital IPO price band is set at ₹190 per share. The lot size for an application is 35. The minimum amount of investment required by an retail is ₹6,650 (35 shares) (based on upper price). The lot size investment for sNII is 31 lots (1,085 shares), amounting to ₹2,06,150, and for bNII, it is 151 lots (5,285 shares), amounting to ₹10,04,150.
The issue includes a reservation of up to 2,00,000 shares for employees offered at a discount of ₹0.00 to the issue price.
Anand Rathi Advisors Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Allied Digital IPO RHP for detailed Information.
IPO Open
Mon, Jul 2, 2007
IPO Close
Thu, Jul 5, 2007
Issue Price
₹190 per share
Market Cap (Pre-IPO)
₹328.51 Cr
| IPO Date | 2 to 5 Jul, 2007 |
| Listed on | Wed, Jul 25, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹170 to ₹190 |
| Issue Price | ₹190 per share |
| Lot Size | 35 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 45,22,435 shares (agg. up to ₹86 Cr) |
| Fresh Issue | 45,22,435 shares (agg. up to ₹86 Cr) |
| Share Holding Pre Issue | 1,27,67,305 shares |
| Share Holding Post Issue | 1,72,89,740 shares |
| BSE Script Code / NSE Symbol | 532875 / ADSL |
| ISIN | INE102I01027 |
Allied Digital IPO comprises a total issue size of 45,22,435 shares. The net offer to the public is 43,22,435 shares, after excluding 2,00,000 shares under a preferential allotment. Of the Net offer 21,61,217 (50.00%) are allocated to QIB, 6,48,365 (15.00%) allocated to NII 15,12,853 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 21,61,217 | 50.00% | 47.79% | NA |
| NII (HNI) Shares Offered | 6,48,365 | 15.00% | 14.34% | NA |
| Retail Shares Offered | 15,12,853 | 35.00% | 33.45% | 43,224 |
| Preferential Reservations | ||||
| Employee Shares Offered | 2,00,000 | 4.42% | NA | |
| Total Shares Offered | 45,22,435 | 100.00% | 100.00% | |
Investors can bid for a minimum of 35 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 35 | ₹6,650 |
| Retail (Max) | 30 | 1,050 | ₹1,99,500 |
| S-HNI (Min) | 31 | 1,085 | ₹2,06,150 |
| S-HNI (Max) | 150 | 5,250 | ₹9,97,500 |
| B-HNI (Min) | 151 | 5,285 | ₹10,04,150 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporated in 1995, Allied Digital Services Limited IT Infrastructure management and Technical Support Services outsourcing Company. ADSL deliver strategic, personalized, full-service Technical Support services solutions to its global, large and medium enterprises and service providers.
Allied Digital has its unique direct presence at 92 locations in 25 states catering to more than 450 cities countrywide through its human resource of more than 1050 personnel. Its offerings address various business verticals – BFSI, Telecom, Retail, Aviation, Manufacturing, Energy, e-Governance and Hospitality to name a few. Company was awarded 'Most Comprehensive Solutions Provider' by Data Quest (DQ) this year.
Allied Digital has grown at a CAGR of 58% over the last three years. The operating income of the company for the year ended March 31, 2007, was Rs 156.03 crore and the net profit after tax was Rs 22.93 crore. The order book stands at Rs 107.81 crore as on June 12, 2007 of which Rs 54.70 crore belongs to services segment and Rs 53.11 crore to solutions segment.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of a Global Service Delivery Centre | 32.97 |
| 2 | Upgradation and Expansion of Existing Infrastructure | 10.22 |
| 3 | Setting up of new Strategic Business Units | 16.88 |
| 4 | Strategic Acquisition | 35.00 |
| 5 | Financing Working Capital Requirements | 8.49 |
| 6 | Meet Public Issue Expenses | 7.18 |
| KPI | |
|---|---|
| RoNW | 39.09% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 79.5% | 58.71% |
| Market Cap | ₹328.51 Cr. |
The Allied Digital IPO is subscribed 60.87 times on July 5, 2007 5:00:00 PM (Day 4). The public issue subscribed 38.08 times in the retail category, 74.04 times in the QIB category, and 88.69 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Management fees | 0.00 |
| 2 | Underwriting Commission and Brokerage | 0.00 |
| 3 | Marketing and Advertisement expenses | 0.00 |
| 4 | Stationary, Printing and Registrar expenses | 0.00 |
| 5 | Legal fees, Auditors fees, Listing fees, Book Building charges | 0.00 |
| 6 | Advisory Fees | 0.00 |
| 7 | Miscellaneous | 0.00 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹190.00 | ₹190.00 |
| Open | ₹332.50 | ₹332.50 |
| Low | ₹309.50 | ₹308.40 |
| High | ₹370.50 | ₹370.50 |
| Last Trade | ₹331.80 | ₹330.15 |
Lead Manager Reports
Allied Digital IPO is a main-board IPO of 45,22,435 equity shares of the face value of ₹10 aggregating up to ₹86 Crores. The issue is priced at ₹190 per share. The minimum order quantity is 35.
The IPO opens on Mon, Jul 2, 2007, and closes on Thu, Jul 5, 2007.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Allied Digital IPO using UPI as a payment gateway. Zerodha customers can apply in Allied Digital IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Allied Digital IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Allied Digital IPO opens on Mon, Jul 2, 2007 and closes on Thu, Jul 5, 2007.
Allied Digital IPO lot size is 35, and the minimum amount required for application is ₹6,650.
You can apply in Allied Digital IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Allied Digital IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Allied Digital IPO allotment status.
The Allied Digital IPO listing date is on Wed, Jul 25, 2007.
