Allied Blenders IPO vs Muthoot Microfin IPO

Comparision between Allied Blenders IPO and Muthoot Microfin IPO.

IPO Details

Allied Blenders IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Muthoot Microfin IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Allied Blenders IPO	Muthoot Microfin 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 Axis Capital Limited Jm Financial Limited SBI Capital Markets Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Muthoot Microfin IPO is up to ₹960.00 Cr. The final issue price of Allied Blenders IPO is ₹281.00 per share and of Muthoot Microfin IPO is ₹291.00 per share.

	Allied Blenders IPO	Muthoot Microfin IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹267.00 per share	₹277.00 per share
Issue Price (Upper)	₹281.00 per share	₹291.00 per share
Issue Price (Final)	₹281.00 per share	₹291.00 per share
Discount (Retail)
Discount (Employee)	₹26.00 per share	₹14.00 per share
Market Lot Size	53 shares	51 shares
Fresh Issue Size	3,55,87,189 shares	2,61,16,838 shares
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr	up to ₹760.00 Cr
OFS Issue Size	1,77,93,594 shares	68,72,852 shares
OFS Issue Size (Amount)	up to ₹500.00 Cr	up to ₹200.00 Cr
Issue Size Total	5,33,80,783 shares	3,29,89,690 shares
Issue Size Total (Amount)	up to ₹1,500.00 Cr	up to ₹960.00 Cr

IPO Timetable

Allied Blenders IPO opens on Jun 25, 2024, while Muthoot Microfin IPO opens on Dec 18, 2023. The closing date of Allied Blenders IPO and Muthoot Microfin IPO is Jun 27, 2024, and Dec 20, 2023, respectively.

	Allied Blenders IPO	Muthoot Microfin IPO
Anchor Bid Date	Jun 24, 2024	Dec 15, 2023
Issue Open	Jun 25, 2024	Dec 18, 2023
Issue Close	Jun 27, 2024	Dec 20, 2023
Basis Of Allotment (Tentative)	Jun 28, 2024	Dec 21, 2023
Initiation of Refunds (Tentative)	Jul 01, 2024	Dec 22, 2023
Credit of Share (Tentative)	Jul 01, 2024	Dec 22, 2023
Listing date (Tentative)	Jul 02, 2024	Dec 26, 2023
Anchor Lockin End date 1	Jul 28, 2024	Jan 20, 2024
Anchor Lockin End date 2	Sep 26, 2024	Mar 20, 2024

Financials

Allied Blenders IPO P/E ratio is 4284.57, as compared to Muthoot Microfin IPO P/E ratio of 24.96.

Allied Blenders IPO

Muthoot Microfin 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

Muthoot Microfin Limited Financial Information (Restated)

Muthoot Microfin Limited's revenue increased by 71.58% and profit after tax (PAT) rose by 245.77% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,529.20	5,591.46	4,183.85
Revenue	1,446.34	842.94	696.28
Profit After Tax	163.89	47.40	7.05
Net Worth	1,625.85	1,336.58	889.89
Reserves and Surplus	1,282.15	1,040.10	642.84
Total Borrowing	6,493.18	3,996.61	3,015.66
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

96.21%

69.08%

Promoter Shareholding (Post-Issue)

80.91%

55.47%

P/E Ratio

4284.57

24.96

Market Cap

₹7859.59 Cr.

₹4960.82 Cr.

ROE

1.03%%

11.06%%

ROCE

24.35%%

Debt/Equity

1.88

3.99

EPS

₹0.07

₹11.98

RoNW

1.03%%

10.08%%

Shares Offered

In the Allied Blenders IPO retail investors (RII) are offered 1,86,45,907 shares while in Muthoot Microfin 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 65,29,210 shares in Muthoot Microfin IPO.

	Allied Blenders IPO	Muthoot Microfin IPO
Anchor Investor Reserveration	1,59,82,206 shares	97,93,812 shares
Market Maker Reserveration
QIB	1,06,54,804 shares	65,29,210 shares
NII	79,91,103 shares	48,96,907 shares
RII	1,86,45,907 shares	1,14,26,117 shares
Employee	1,17,647 shares	0 shares
Others
Total	3,72,91,814 shares	2,28,52,234 shares

Bids Received (Subscription)

Allied Blenders IPO subscribed 24.85x in total, whereas Muthoot Microfin IPO subscribed 12.30x.

	Allied Blenders IPO	Muthoot Microfin IPO
QIB (times)	53.01x	18.35x
NII (times)	34.09x	13.87x
Big NII (times)	39.76x	12.96x
Small NII (times)	22.75x	15.69x
RII (times)	4.73x	8.00x
Employee (times)	10.44x
Other (times)
Total (times)	24.85x	12.30x

Compare with others

Allied Blenders IPO	Muthoot Microfin IPO
Motisons Jewellers IPO	Suraj Estate Developers IPO
Mukka Proteins IPO	RBZ Jewellers IPO
Happy Forgings IPO	Motisons Jewellers IPO
Muthoot Microfin IPO	Mukka Proteins IPO
DOMS IPO	Happy Forgings IPO
Flair Writing IPO	DOMS IPO
IREDA IPO	Allied Blenders IPO
Fedbank Financial Services IPO	Flair Writing IPO
Gandhar Oil Refinery India IPO	IREDA IPO
ASK Automotive IPO	Fedbank Financial Services IPO

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