Allied Blenders & Distillers IPO, Price Band, Allotment Details

Details for Allied Blenders and Distillers’ Initial Public Offering (IPO) have been set. It will launch on [.] and close two days later . Allied Blenders expects its IPO will raise around Rs2000 crores through two channels: fresh issue (Rs1000 crores), as well as offer for sale up to R1000 crores of Rs2 each from offer for sale/offer for purchase up to 1000 crores each. Retail quota (35%), QIB 50% (50%), HNI 15%).

Allied Blenders and Distillers Ltd is estimated to be worth Rs 2000 crore, including new issues and an offer to sell equity stakes of 1000 rupee each.

Objective of Allied Blenders and Distillers Ltd’s Initial Public Offering is:

Allied Blenders IPO Price Band Allotment Details

The net proceeds of new issues will be put toward meeting certain obligations.

Scheduled prepayment and repayment of market borrowings; general corporate purposes.
Should You Invest In Allied Blenders and Distillers Ltd?

Allied Blenders & Distillers stands as one of India’s premier liquor manufacturers with an 8.2% market share in terms of sales volume in IMFL category 2021 sales. Furthermore, they have established an extensive Pan India presence throughout all permitted states and Union Territories through 12 regional sales service offices.
Products of the company have received many recognitions and awards; for instance, Officer’s Choice Whisky won an award from Wines Beers and Drinks Awards in 2018.

Allied Blenders & Distillers Competitive Peers
Other listed players in Allied Blenders and Distillers Ltd’s segment include United Spirits Ltd., Radico Khaitan Ltd. and Globus Spirits Ltd.

Noteworthy Highlights of Allied Blenders and Distillers Ltd.

As of December 31st 2021, Allied Blenders products had been distributed through 64,001 retail outlets in all regions across India. Their premium brands sold more than one million 9-litre bottles annually.

About Allied Blenders:

Company profile The company is one of India’s premier exporter of international made foreign liquor (IMFL). Additionally, their flagship product Officer’s Choice Whisky introduced in 1988 remains amongst one of their highest selling whiskies at this price point.

Officer’s Choice whisky brand held 23% market shares by sales volume for mass premium segments between 2016-2021 globally in terms of volume sold globally, earning it top honors among global premium whisky sales in terms of both volume and sales volume sales figures.

ABD was among four companies with pan-Indian distribution capabilities and was the highest exporter of foreign liquor between 2019-2021, reaching its estimated peak exportation level of 20% during fiscal 2021.

Allied Blenders owns 10 major brands of whisky, rum, brandy and vodka including Officer’s Choice Whisky (Officer’s Choice Blue), Sterling Reserve (Sterling Reserve) and Officer’s Choice Brandy.

Allied Blenders currently exports to 22 international markets across the Middle East, South and North America, Asia, Europe and Africa.

Offer details and objectives:

  • Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company and
  • General corporate purposes

Allied Blenders & Distillers IPO Dates & Band Price Details:

IPO Open:2024
IPO Close:2024
IPO Size:Approx ₹2000 Crores
Fresh Issue:Approx ₹1000 Crores
Offer for Sale:Approx ₹1000 Crores
Face Value:₹2 Per Equity Share
IPO Price Band:₹[.] to ₹[.] Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here

Allied Blenders & Distillers IPO Market Lot :

The Allied Blenders and Distillers IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount

ApplicationLot SizeSharesAmount
Retail Minimum1
Retail Maximum13
S-HNI Minimum14
B-HNI Minimum68

Allied Blenders & Distillers IPO Allotment & Listing Dates:

Allied Blenders and Distillers’ Initial Public Offering will take place between 2023-2024 with allotment taking place the day prior to listing taking place on 2024.

Price Band Announcement:2024
Anchor Investors Allotment:2024
IPO Open Date:2024
IPO Close Date:2024
Basis of Allotment:2024
Refunds:2024
Credit to Demat Account:2024
IPO Listing Date:2024

Allied Blenders & Distillers Company Financial Report:

  ₹ in Crores
YearRevenueExpensePAT
2020
2021₹6398₹6185₹2.51
2022 9M₹5453₹5294₹3.30

Allied Blenders & Distillers Company details:

CategoryDetails
Peer GroupUnited Spirits Limited
Radico Khaitan Limited
Globus Spirits Limited
Company PromotersKishore Rajaram Chhabria
Bina Kishore Chhabria
Resham Chhabria Jeetendra Hemdev
Bina Chhabria Enterprises Private Limited
BKC Enterprises Private Limited
Oriental Radios Private Limited
Officer’s Choice Spirits Private Limited
Allied Blenders and Distillers IPO RegistrarLink Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: Link Intime IPO Allotment
Allied Blenders IPO Allotment Status CheckCheck Allied Blenders and Distillers IPO allotment status on Linkintime website allotment URL. Click Here
Allied Blenders IPO Lead Managers aka Merchant BankersICICI Securities Limited
Axis Capital Limited
JM Financial Limited
Kotak Mahindra Capital Company Limited
Equirus Capital Private Limited
Company AddressAllied Blenders and Distillers Limited
394-C Lamington Chambers, Lamington Road, Mumbai– 400 004
Phone: +91 22 43001111
Email: [email protected]
Website: Allied Blenders and Distillers
Disclaimer: This article should only be taken as general purpose & should not be treated as financial advice. Before making any investment decisions based on this information provided in this article, always seek a qualified financial adviser opinion first.

When Allied Blenders and Distillers IPO will open?

The initial public offering (IPO) will open to investors from three key categories on 2023: Qualified Institutional Buyers (QIBs), National Institutional Investors (NIIs) and Retail Investors.

What is Allied Blenders and Distillers IPO Investors Portion?

Investor shares for QIB are 50%, 15% for NII and 35% for Retail.

What is Allied Blenders and Distillers IPO Size?

Allied Blenders and Distillers’ initial public offering will have an estimated total capitalization of Rs2000 crores.

What is Allied Blenders and Distillers IPO Price Band?

Price Band for Allied Blenders and Distillers’s Initial Public Offering is between Rs[.] to Rs[.]

What is the Allied Blenders and Distillers IPO Allotment Date?

Date of Allotment 2023 for Allied Blenders and Distillers’ Initial Public Offering.

What is the Allied Blenders and Distillers IPO Listing Date?

Allied Blenders and Distillers Limited’s initial public offering (IPO) listing date will be in 2023 on both BSE and NSE exchanges.

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