Allied Blenders IPO vs Fedbank Financial Services IPO

Comparision between Allied Blenders IPO and Fedbank Financial Services IPO.

IPO Details

Allied Blenders IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Fedbank Financial Services IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Allied Blenders IPO	Fedbank Financial Services IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	ICICI Securities Limited Nuvama Wealth Management Limited Iti Capital Ltd	ICICI Securities Limited Bnp Paribas Equirus Capital Private Limited Jm Financial Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

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 Fedbank Financial Services IPO is up to ₹1,092.26 Cr. The final issue price of Allied Blenders IPO is ₹281.00 per share and of Fedbank Financial Services IPO is ₹140.00 per share.

	Allied Blenders IPO	Fedbank Financial Services IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹267.00 per share	₹133.00 per share
Issue Price (Upper)	₹281.00 per share	₹140.00 per share
Issue Price (Final)	₹281.00 per share	₹140.00 per share
Discount (Retail)
Discount (Employee)	₹26.00 per share	₹10.00 per share
Market Lot Size	53 shares	107 shares
Fresh Issue Size	3,55,87,189 shares	4,29,12,087 shares
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr	up to ₹600.77 Cr
OFS Issue Size	1,77,93,594 shares	3,51,61,723 shares
OFS Issue Size (Amount)	up to ₹500.00 Cr	up to ₹492.26 Cr
Issue Size Total	5,33,80,783 shares	7,80,73,810 shares
Issue Size Total (Amount)	up to ₹1,500.00 Cr	up to ₹1,092.26 Cr

IPO Timetable

Allied Blenders IPO opens on Jun 25, 2024, while Fedbank Financial Services IPO opens on Nov 22, 2023. The closing date of Allied Blenders IPO and Fedbank Financial Services IPO is Jun 27, 2024, and Nov 24, 2023, respectively.

	Allied Blenders IPO	Fedbank Financial Services IPO
Anchor Bid Date	Jun 24, 2024	Nov 21, 2023
Issue Open	Jun 25, 2024	Nov 22, 2023
Issue Close	Jun 27, 2024	Nov 24, 2023
Basis Of Allotment (Tentative)	Jun 28, 2024	Nov 28, 2023
Initiation of Refunds (Tentative)	Jul 01, 2024	Nov 28, 2023
Credit of Share (Tentative)	Jul 01, 2024	Nov 29, 2023
Listing date (Tentative)	Jul 02, 2024	Nov 30, 2023
Anchor Lockin End date 1	Jul 28, 2024	Dec 28, 2023
Anchor Lockin End date 2	Sep 26, 2024	Feb 26, 2024

Financials

Allied Blenders IPO P/E ratio is 4284.57, as compared to Fedbank Financial Services IPO P/E ratio of 25.04.

Allied Blenders IPO

Fedbank Financial Services IPO

Financial

Allied Blenders and Distillers Limited Financial Information (Restated Consolidated)

Allied Blenders and Distillers Limited's revenue decreased by -1.27% and profit after tax (PAT) rose by 8.47% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,741.39	2,487.70	2,248.35	2,298.57
Revenue	5,914.98	7,116.75	7,208.17	6,397.81
Profit After Tax	4.23	1.60	1.48	2.51
Net Worth	409.26	406.10	404.10	381.78
Reserves and Surplus	360.43	357.28	356.99	327.85
Total Borrowing	798.11	780.82	846.91	954.74
Amount in ₹ Crore

Fedbank Financial Services Limited Financial Information (Restated)

Fedbank Financial Services Limited's revenue increased by 37.46% and profit after tax (PAT) rose by 74.11% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,412.51	9,070.99	6,555.71	5,466.31
Revenue	367.87	1,214.68	883.64	697.57
Profit After Tax	53.88	180.13	103.46	61.68
Net Worth	1,414.90	1,355.68	1,153.52	834.73
Reserves and Surplus	1,076.67	1,021.52	832.00	544.45
Total Borrowing	7,619.52	7,135.82	5,016.84	4,328.09
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

96.21%

72.28%

Promoter Shareholding (Post-Issue)

80.91%

62.40%

P/E Ratio

4284.57

25.04

Market Cap

₹7859.59 Cr.

₹5165.06 Cr.

ROE

1.03%%

14.36%%

ROCE

24.35%%

Debt/Equity

1.88

EPS

₹0.07

₹5.60

RoNW

1.03%%

13.29%%

Shares Offered

In the Allied Blenders IPO retail investors (RII) are offered 1,86,45,907 shares while in Fedbank Financial Services 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 1,54,60,916 shares in Fedbank Financial Services IPO.

	Allied Blenders IPO	Fedbank Financial Services IPO
Anchor Investor Reserveration	1,59,82,206 shares	2,31,91,374 shares
Market Maker Reserveration
QIB	1,06,54,804 shares	1,54,60,916 shares
NII	79,91,103 shares	1,15,95,687 shares
RII	1,86,45,907 shares	2,70,56,603 shares
Employee	1,17,647 shares	8,13,008 shares
Others
Total	3,72,91,814 shares	5,49,26,214 shares

Bids Received (Subscription)

Allied Blenders IPO subscribed 24.85x in total, whereas Fedbank Financial Services IPO subscribed 2.24x.

	Allied Blenders IPO	Fedbank Financial Services IPO
QIB (times)	53.01x	3.48x
NII (times)	34.09x	1.49x
Big NII (times)	39.76x	1.27x
Small NII (times)	22.75x	1.95x
RII (times)	4.73x	1.88x
Employee (times)	10.44x	1.34x
Other (times)
Total (times)	24.85x	2.24x

Compare with others

Allied Blenders IPO	Fedbank Financial Services IPO
Motisons Jewellers IPO	Muthoot Microfin IPO
Mukka Proteins IPO	DOMS IPO
Happy Forgings IPO	Allied Blenders IPO
Muthoot Microfin IPO	Flair Writing IPO
DOMS IPO	IREDA IPO
Flair Writing IPO	Gandhar Oil Refinery India IPO
IREDA IPO	ASK Automotive IPO
Fedbank Financial Services IPO	ESAF Small Finance Bank IPO
Gandhar Oil Refinery India IPO	Cello World Limited IPO
ASK Automotive IPO	Mamaearth IPO

Comments

Add a public comment...