Allied Blenders and Distillers IPO Details ( Allied Blenders and Distillers Limited IPO Review )
(25 June 2024 – 27 June 2024)
Founded in 2008, Allied Blenders and Distillers is a prominent Indian-made foreign liquor company. They offer a variety of beverages, including whisky, brandy, rum, vodka, and packaged drinking water. Their brands include Officer’s Choice, Officer’s Choice Blue, and Sterling Reserve.
Officer’s Choice Whisky, launched in 1988, quickly became a leader in the mass premium whisky market and was one of the top-selling whisky brands globally from 2016 to 2019.
As of December 31, 2023, Allied Blenders and Distillers exported their products to 14 international markets, including the Middle East, the Americas, Africa, Asia, and Europe.
The company operates a large distillery in Rangapur, Telangana, covering 74.95 acres with a 25,000 square meter facility. They produce 54.75 million litres of extra neutral alcohol (ENA) annually, which is a key ingredient in their products. Additionally, they have extensive bottling operations across India.
By December 31, 2023, the company owned and ran nine bottling units and used the full capacity of five third-party bottling facilities. As of March 31, 2023, their products were available in 79,329 retail outlets across 30 states and union territories in India.
Allied Blenders and Distillers Limited IPO Competitive Strength
- Among the largest IMFL companies in India with a diversified and contemporary product portfolio
- Strong brand recognition
- Strategically located, large scale and advanced manufacturing facilities with a sophisticated research and development centre
- Access to extensive pan-India distribution network with ability to scale
- Well-positioned to capture tailwinds in the Indian IMFL industry
- Experienced Board and senior management team and supported by a committed employee base
Allied Blenders and Distillers IPO Financials Performance ( Results )
Allied Blenders and Distillers Limited Financial Information (Restated Consolidated)
All Amount in ₹ Crores
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 2,298.57 | 6,397.81 | 2.51 | 381.78 | 327.85 | 954.74 |
| 31-Mar-22 | 2,248.35 | 7,208.17 | 1.48 | 404.10 | 356.99 | 846.91 |
| 31-Mar-23 | 2,487.70 | 7,116.75 | 1.60 | 406.10 | 357.28 | 780.82 |
| 31-Dec-23 | 2,741.39 | 5,914.98 | 4.23 | 409.26 | 360.43 | 798.11 |
Objective of Allied Blenders and Distillers IPO Issue
- Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company and
- General corporate purposes.
Allied Blenders and Distillers IPO Basic Details
| IPO Date | June 25, 2024 to June 27, 2024 |
| Listing Date | Tuesday, July 2, 2024 |
| Face Value | ₹10 per share |
| Price | ₹267 to ₹281 per share |
| Lot Size | 53 shares |
| Issue Size | 53,380,783 shares of ₹2 (aggregating up to ₹1,500.00 Cr) |
| Fresh Issue | 35,587,189 shares of ₹2 (aggregating up to ₹1,000.00 Cr) |
| Offer for Sale | 17,793,594 shares of ₹2 (aggregating up to ₹500.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Employee Discount | Rs 26 per share |
| Listing At | NSE, BSE |
| Share holding pre issue | 244,113,665 |
| Share holding post issue | 279,700,854 |
Allied Blenders and Distillers IPO Reservation
| Anchor Investor Shares Offered | 30% of the Net Issue |
| QIB Shares Offered | 20% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
| Total Shares Offered | 100% of the Net Issue |
Allied Blenders IPO Timetable
Allied Blenders IPO will open on June 25, 2024 and close on June 27, 2024. You can join Allied Blenders IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 25 June 2024 (Tuesday) |
| Closing Date | 27 June 2024 (Thursday) |
| Basis of Allotment | 28 June 2024 (Friday) |
| Initiation of Refunds | 1 July 2024 (Monday) |
| Credit of Shares to Demat | 1 July 2024 (Monday) |
| Listing Date | 2 July 2024 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 PM on 27 June 2024 |
Allied Blenders IPO Lot Size
For retail investors in Allied Blenders IPO, 53 shares will come in 1 lot or the minimum investment will be ₹14,893. Retail-individual investors can apply for up to 13 lots or the maximum investment will be ₹193,609.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 53 | ₹14,893 |
| Retail (Max) | 13 | 689 | ₹193,609 |
| S-HNI (Min) | 14 | 742 | ₹208,502 |
| S-HNI (Max) | 67 | 3,551 | ₹997,831 |
| B-HNI (Min) | 68 | 3,604 | ₹1,012,724 |
Allied Blenders and Distillers IPO Promoter Holding
The company’s promoters include Kishore Rajaram Chhabria, Bina Kishore Chhabria, Resham Chhabria Jeetendra Hemdev, Bina Chhabria Enterprises Private Limited, BKC Enterprises Private Limited, Oriental Radios Private Limited, and Officer’s Choice Spirits Private Limited.
| Pre Issue Share Holding | 96.21% |
| Post Issue Share Holding | 80.91% |
Allied Blenders and Distillers Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 7859.59 |
| Earning Per Share (EPS) | ₹0.07 per Equity Share |
| Net Asset Value (NAV) | ₹16.64 per Equity Share |
| P/E Ratio (P/E) (x) | 4284.57 |
| Post P/E Ratio (P/E) (x) | 1393.87 |
| Return on Net Worth (RoNW) (%) | 1.03 |
| Return on equity (ROE) (%) | 1.03 |
| Return on Capital Employed (ROCE) (%) | 24.35 |
| Debt/Equity Ratio | 1.88 |
| Price/Book Value Ratio | 16.77 |
Allied Blenders and Distillers IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹81 | – | – |
| 25 June 2024 | ₹80 | – | – |
Allied Blenders and Distillers IPO Detail Video:
link
Allied Blenders and Distillers IPO Subscription Status (Bidding Detail)
The Allied Blenders and Distillers IPO on June 27, 2024 at 7:02:00 PM was subscribed 24.85 times, with the retail category being subscribed 4.73 times, the NII (Non-Institutional Investor) category being subscribed 34.09 times, QIB (Qualified-Institutional Buyers) category being subscribed 53.01 times.
| Category | Subscription |
| QIB | 53.01x |
| NII | 34.09x |
| Retail | 4.73x |
| Employee | 10.44x |
| Total | 24.85x |
Allied Blenders and Distillers IPO Prospectus
| Allied Blenders and Distillers IPO DRHP | Download |
| Allied Blenders and Distillers IPO RHP | Download |
| Allied Blenders and Distillers IPO Anchor Investors Details PDF | Download |
Allied Blenders and Distillers IPO Rating
| Our Rating | 2.5/5.0 |
Allied Blenders and Distillers Company Contact Information
Allied Blenders and Distillers Limited
Corporate Identity Number: U15511MH2008PLC187368
Website: www.abdindia.com
Registered Office: 394-C Lamington Chambers, Lamington Road, Mumbai – 400004, Maharashtra, India
Telephone: +91 22 67779777
Corporate Office: Ashford Centre, 3rd and 4th floor, Shankar Rao Naram Marg, Lower Parel (West), Mumbai – 400013, Maharashtra, India
Telephone: +91 22 43001111
Contact Person: Ritesh Ramniklal Shah, Company Secretary and Compliance Officer
Telephone: +91 22 43001111
E-mail: complianceofficer@abdindia.com
Our Promoters: Kishore Rajaram Chhabria, Bina Kishore Chhabria, Resham Chhabria Jeetendra Hemdev, Bina Chhabria Enterprises Private Limited, Bkc Enterprises Private Limited, Oriental Radios Private Limited and Officer’s Choice Spirits Private Limited
Allied Blenders and Distillers IPO Registrar
Link Intime India Private Limited
Registered Office: C-101, 1st Floor, 247 Park L.B.S. Marg Vikhroli (West), Mumbai 400 083, Maharashtra, India
Telephone: +91 22 4918 6200
E-mail: abdl.ipo@linkintime.co.in
Investor grievance e-mail: abdl.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact person: Shanti Gopalkrishnan
SEBI registration number: INR000004058
Allied Blenders and Distillers IPO Lead Manager
ICICI Securities Limited
Registered Office: ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai – 400025 Maharashtra, India
Telephone: +91 22 6807 7100
E-mail: alliedblenders.ipo@icicisecurities.com
Website: www.icicisecurities.com
Investor Grievance ID: customercare@icicisecurities.com
Contact person: Harsh Thakkar/ Rupesh Khant
SEBI Registration No.: INM000011179
Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited)
Registered Office: 801 – 804, Wing A, Building No 3 Inspire BKC, G Block, Bandra Kurla Complex East Mumbai, 400 051, Maharashtra, India
Telephone: +91 22 4009 4400
E-mail: Allied@nuvama.com
Website: www.nuvama.com
Investor Grievance E-mail: customerservice.mb@nuvama.com
Contact Person: Lokesh Shah
SEBI Registration No.: INM000013004
ITI Capital Limited (A part of The Investment Trust of India Limited Group)
Registered Office: ITI House, Dr R. K. Shirodkar Marg, Parel, Mumbai – 400 012, Maharashtra, India
Telephone: + 91 22 6911 3300
E-mail: ipo.alliedblenders@iticapital.in
Website: www.iticapital.in
Investor Grievance E-mail: investorgrievance@iticapital.in
Contact Person: Pallavi Shinde
SEBI Registration No.: INM000010924
Allied Blenders and Distillers IPO FAQs
What is the lot size of Allied Blenders and Distillers IPO?
The total size of Allied Blenders and Distillers IPO is ₹1500.00 crores out of which ₹1000.00 crores is fresh issue and ₹500.00 crores is offer for sale (OFS).
When will Allied Blenders and Distillers IPO start?
Allied Blenders and Distillers IPO will open from 25 June 2024 and IPO will close on 27 June 2024.
What is the open date of Allied Blenders and Distillers IPO?
Allied Blenders and Distillers IPO will open date from 25 June 2024.
What is the last date ( close date ) of Allied Blenders and Distillers IPO?
Allied Blenders and Distillers IPO will close from 27 June 2024.
What is the price band of Allied Blenders and Distillers IPO?
Allied Blenders and Distillers IPO price band is ₹267 to ₹281. ( Upper Price Band: ₹281, Lower Price Band: ₹267 )
What is the minimum amount required to apply for Allied Blenders and Distillers IPO?
The minimum investment for retailers to apply for Allied Blenders and Distillers IPO is ₹14,893 and the maximum investment is ₹193,609.
What is going on gray market premium of Allied Blenders and Distillers IPO?
View gray market premium of Allied Blenders and Distillers IPO by Clicking Here
How much is the GMP of Allied Blenders and Distillers IPO?
Watch Allied Blenders and Distillers IPO GMP Today: Click Here
What is the allotment date of Allied Blenders and Distillers IPO?
The allotment date of Allied Blenders and Distillers IPO is 28 June 2024.
How to check allotment status in Allied Blenders and Distillers IPO?
To check the allotment status of Allied Blenders and Distillers IPO, first of all go to the registrar website by clicking here, select your bad Allied Blenders and Distillers IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Allied Blenders and Distillers IPO?
The listing date of Allied Blenders and Distillers IPO is 2 July 2024.
How much will be the listing gain in Allied Blenders and Distillers IPO?
View listing gain of Allied Blenders and Distillers IPO by Clicking Here
How much time Allied Blenders and Distillers IPO is subscribed?
Total 24.85 times subscribed in Allied Blenders and Distillers IPO out of which 4.73 times subscription was done in retail quota, 34.09 times subscription in NII quota and 53.01 times subscription in QIB quota.
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How to apply for Allied Blenders and Distillers IPO from Zerodha?
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