Allied Blenders IPO vs Gandhar Oil Refinery India IPO

Comparision between Allied Blenders IPO and Gandhar Oil Refinery India IPO.

IPO Details

Allied Blenders IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Gandhar Oil Refinery India IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Allied Blenders IPO	Gandhar Oil Refinery India 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 Nuvama Wealth Management 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 Gandhar Oil Refinery India 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 India IPO is ₹169.00 per share.

	Allied Blenders IPO	Gandhar Oil Refinery India 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)
Discount (Employee)	₹26.00 per share
Market Lot Size	53 shares	88 shares
Fresh Issue Size	3,55,87,189 shares	1,78,69,822 shares
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr	up to ₹302.00 Cr
OFS Issue Size	1,77,93,594 shares	1,17,56,910 shares
OFS Issue Size (Amount)	up to ₹500.00 Cr	up to ₹198.69 Cr
Issue Size Total	5,33,80,783 shares	2,96,26,732 shares
Issue Size Total (Amount)	up to ₹1,500.00 Cr	up to ₹500.69 Cr

IPO Timetable

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

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

Allied Blenders IPO

Gandhar Oil Refinery India 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

Gandhar Oil Refinery (India) Limited Financial Information (Proforma Consolidated)

Gandhar Oil Refinery (India) Limited's revenue increased by 20.71% and profit after tax (PAT) rose by 15.67% 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	1,795.57	1,613.44	1,318.21	1,097.70
Revenue	1,071.52	4,101.79	3,397.98	2,069.58
Profit After Tax	54.28	213.18	184.30	161.14
Net Worth	810.79	760.21	560.71	375.76
Reserves and Surplus	763.99	719.19	529.07	355.68
Total Borrowing	335.62	169.53	158.16	176.78
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

96.21%

87.50%

Promoter Shareholding (Post-Issue)

80.91%

64.63%

P/E Ratio

4284.57

Market Cap

₹7859.59 Cr.

₹1654.00 Cr.

ROE

1.03%%

32.28%%

ROCE

24.35%%

41.19%%

Debt/Equity

1.88

0.22

EPS

₹0.07

₹23.77

RoNW

1.03%%

32.28%%

Shares Offered

In the Allied Blenders IPO retail investors (RII) are offered 1,86,45,907 shares while in Gandhar Oil Refinery India 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 59,25,346 shares in Gandhar Oil Refinery India IPO.

	Allied Blenders IPO	Gandhar Oil Refinery India IPO
Anchor Investor Reserveration	1,59,82,206 shares	88,88,018 shares
Market Maker Reserveration
QIB	1,06,54,804 shares	59,25,346 shares
NII	79,91,103 shares	44,44,010 shares
RII	1,86,45,907 shares	1,03,69,356 shares
Employee	1,17,647 shares	0 shares
Others
Total	3,72,91,814 shares	2,07,38,712 shares

Bids Received (Subscription)

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

	Allied Blenders IPO	Gandhar Oil Refinery India IPO
QIB (times)	53.01x	129.06x
NII (times)	34.09x	64.34x
Big NII (times)	39.76x	61.93x
Small NII (times)	22.75x	69.17x
RII (times)	4.73x	29.93x
Employee (times)	10.44x
Other (times)
Total (times)	24.85x	65.63x

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