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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 ₹190.00 per share . The lot size for an application is 35. The minimum amount of investment required by an retail is ₹5,950 (35 shares). 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 Date | July 2, 2007 to July 5, 2007 |
| Listing Date | July 25, 2007 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹170 to ₹190 per share |
| Issue Price Final | ₹190 per share |
| Lot Size | 35 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 45,22,435 shares (aggregating up to ₹85.93 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,27,67,305 shares |
| Share Holding Post Issue | 1,72,89,740 shares |
Allied Digital IPO offers total 45,22,435 shares. Out of which 21,61,217 (47.79%) allocated to QIB, 6,48,365 (14.34%) allocated to NII, 15,12,853 (33.45%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 21,61,217 (47.79%) | NA |
| NII (HNI) Shares Offered | 6,48,365 (14.34%) | NA |
| Retail Shares Offered | 15,12,853 (33.45%) | 43,224 |
| Employee Shares Offered | 2,00,000 (4.42%) | NA |
| Total Shares Offered | 45,22,435 (100.00%) |
| 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 |
Allied Digital IPO opens on July 2, 2007, and closes on July 5, 2007.
| IPO Open Date | Mon, Jul 2, 2007 |
| IPO Close Date | Thu, Jul 5, 2007 |
| Tentative Listing Date | Wed, Jul 25, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Jul 5, 2007 |
Investors can bid for a minimum of 35 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
| KPI | Values |
|---|---|
| RoNW | 39.09% |
The Company Allied Digital IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Setting up of a Global Service Delivery Centre | 329.70 |
| 2 | Upgradation and Expansion of Existing Infrastructure | 102.20 |
| 3 | Setting up of new Strategic Business Units | 168.80 |
| 4 | Strategic Acquisition | 350.00 |
| 5 | Financing Working Capital Requirements | 84.90 |
| 6 | Meet Public Issue Expenses | 71.80 |
| Listing Date | July 25, 2007 |
| BSE Script Code | 532875 |
| NSE Symbol | ADSL |
| ISIN | INE102I01027 |
| Final Issue Price | ₹190 per share |
| BSE Listing Group | B1 |
Allied Digital Services Ltd.
Allied Digital Services Limited,
375, J.S.S Road, 5th Floor,
Vidyut, Mumbai – 400 002, India
Mumbai, Maharashtra
Phone: +91-22-2200 2020
Email: ipo@alliedindia.com
Website: http://www.alliedindia.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: alliedipo@intimespectrum.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Allied Digital IPO is a main-board IPO of 45,22,435 equity shares of the face value of ₹10 aggregating up to ₹85.93 Crores. The issue is priced at ₹190 per share. The minimum order quantity is 35.
The IPO opens on July 2, 2007, and closes on July 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 July 2, 2007 and closes on July 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 Wednesday, July 25, 2007.
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