Allied Blenders IPO vs Mukka Proteins IPO

Comparision between Allied Blenders IPO and Mukka Proteins IPO.

IPO Details

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

	Allied Blenders IPO	Mukka Proteins 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	Fedex Securities Pvt Ltd
Registrar	Link Intime India Private Ltd	Cameo Corporate Services 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 Mukka Proteins IPO is up to ₹224.00 Cr. The final issue price of Allied Blenders IPO is ₹281.00 per share and of Mukka Proteins IPO is ₹28.00 per share.

	Allied Blenders IPO	Mukka Proteins IPO
Face Value	₹2 per share	₹1 per share
Issue Price (Lower)	₹267.00 per share	₹26.00 per share
Issue Price (Upper)	₹281.00 per share	₹28.00 per share
Issue Price (Final)	₹281.00 per share	₹28.00 per share
Discount (Retail)
Discount (Employee)	₹26.00 per share
Market Lot Size	53 shares	535 shares
Fresh Issue Size	3,55,87,189 shares	8,00,00,000 shares
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr	up to ₹224.00 Cr
OFS Issue Size	1,77,93,594 shares
OFS Issue Size (Amount)	up to ₹500.00 Cr
Issue Size Total	5,33,80,783 shares	8,00,00,000 shares
Issue Size Total (Amount)	up to ₹1,500.00 Cr	up to ₹224.00 Cr

IPO Timetable

Allied Blenders IPO opens on Jun 25, 2024, while Mukka Proteins IPO opens on Feb 29, 2024. The closing date of Allied Blenders IPO and Mukka Proteins IPO is Jun 27, 2024, and Mar 04, 2024, respectively.

	Allied Blenders IPO	Mukka Proteins IPO
Anchor Bid Date	Jun 24, 2024	Feb 28, 2024
Issue Open	Jun 25, 2024	Feb 29, 2024
Issue Close	Jun 27, 2024	Mar 04, 2024
Basis Of Allotment (Tentative)	Jun 28, 2024	Mar 05, 2024
Initiation of Refunds (Tentative)	Jul 01, 2024	Mar 06, 2024
Credit of Share (Tentative)	Jul 01, 2024	Mar 06, 2024
Listing date (Tentative)	Jul 02, 2024	Mar 07, 2024
Anchor Lockin End date 1	Jul 28, 2024	Apr 04, 2024
Anchor Lockin End date 2	Sep 26, 2024	Jun 03, 2024

Financials

Allied Blenders IPO P/E ratio is 4284.57, as compared to Mukka Proteins IPO P/E ratio of 12.96.

Allied Blenders IPO

Mukka Proteins 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

Mukka Proteins Limited Financial Information (Restated Consolidated)

Mukka Proteins Limited's revenue increased by 52.52% and profit after tax (PAT) rose by 84.07% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	641.18	575.16	392.30	353.93
Revenue	612.88	1,183.80	776.15	609.95
Profit After Tax	32.98	47.53	25.82	11.01
Net Worth	159.11	128.92	87.25	64.54
Reserves and Surplus	144.92	112.57	68.51	60.80
Total Borrowing	317.73	254.83	173.50	159.19
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

96.21%

100%

Promoter Shareholding (Post-Issue)

80.91%

P/E Ratio

4284.57

12.96

Market Cap

₹7859.59 Cr.

₹840.00 Cr.

ROE

1.03%%

36.71%%

ROCE

24.35%%

17.62%%

Debt/Equity

1.88

1.64

EPS

₹0.07

₹2.16

RoNW

1.03%%

34.19%%

Shares Offered

In the Allied Blenders IPO retail investors (RII) are offered 1,86,45,907 shares while in Mukka Proteins 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 1,60,00,435 shares in Mukka Proteins IPO.

	Allied Blenders IPO	Mukka Proteins IPO
Anchor Investor Reserveration	1,59,82,206 shares	2,39,99,565 shares
Market Maker Reserveration
QIB	1,06,54,804 shares	1,60,00,435 shares
NII	79,91,103 shares	1,20,00,000 shares
RII	1,86,45,907 shares	2,80,00,000 shares
Employee	1,17,647 shares	0 shares
Others
Total	3,72,91,814 shares	5,60,00,435 shares

Bids Received (Subscription)

Allied Blenders IPO subscribed 24.85x in total, whereas Mukka Proteins IPO subscribed 136.99x.

	Allied Blenders IPO	Mukka Proteins IPO
QIB (times)	53.01x	189.28x
NII (times)	34.09x	250.39x
Big NII (times)	39.76x	254.15x
Small NII (times)	22.75x	242.86x
RII (times)	4.73x	58.52x
Employee (times)	10.44x
Other (times)
Total (times)	24.85x	136.99x

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Allied Blenders IPO	Mukka Proteins IPO
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Mukka Proteins IPO	Inox CVA IPO
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Gandhar Oil Refinery India IPO	Allied Blenders IPO
ASK Automotive IPO	Flair Writing IPO

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