Allied Blenders and Distillers IPO Details
| IPO Size | 1,500 |
| Price Range | ₹267 - ₹281 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | Rs 26 per share |
| Listing at | NSE and BSE |
| Minimum Quantity | 53 |
| Investment (cut-off price) | ₹14,893 |
| Pre IPO Promotor Holding | 96.21% |
| Post IPO Promotor Holding | 80.91% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Allied Blenders and Distillers IPO Timelines
25/06/2024
Start Date27/06/2024
End Date01/07/2024
Refund Initiation01/07/2024
Credit of Shares to Demat Ac02/07/2024
Listing DateAllied Blenders and Distillers IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 53 | ₹14,893 |
| Retail Maximum | 13 | 689 | ₹193,609 |
| S-HNI Minimum | 14 | 742 | ₹208,502 |
| B-HNI Minimum | 68 | 3604 | ₹10,12,724 |
Allied Blenders and Distillers IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 50.37 x | 32.40 x | 4.51 x | 9.89 x | 23.55 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹320 | ₹317.90 | ₹324.80 | ₹306.70 |
Allied Blenders and Distillers IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹6398 | ₹6185 | ₹2.51 |
| FY 2022 | ₹7208 | ₹7001 | ₹1.48 |
| FY 2023 | ₹7117 | ₹6921 | ₹1.60 |
| FY 2024 (9M) | ₹5915 | ₹5729 | ₹4.23 |
About Company
Allied Blenders and Distillers Limited is an Indian-owned company specialising in Indian-made foreign liquor (IMFL). Established in 1988, the company entered the mass premium whisky market with its flagship brand, Officer’s Choice Whisky. Since then, Allied Blenders has introduced products across various categories.
As of August 31, 2023, the company’s portfolio includes 17 IMFL brands, spanning whisky, brandy, rum, vodka, and gin. Allied Blenders also markets packaged drinking water under brands like Officer’s Choice, Officer’s Choice Blue, and Sterling Reserve.
The company operates its own distillery in Rangapur, Telangana, spread across 74.95 acres with a built-up area exceeding 25,000 square meters. Allied Blenders has an in-house distillation capacity of 54.75 million litres per year of extra neutral alcohol (ENA), a crucial ingredient in their product manufacturing process.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2008 | Alcohol (Breweries & Distilleries) | Alok Gupta |
Know Before Investing
Allied Blenders and Distillers IPO Strengths
- It is among the largest IMFL companies in India with a diversified and contemporary product portfolio.
- With products like Officer’s Choice Whisky in its basket, the company has strong brand recognition.
- Strategically located, large scale and advanced manufacturing facilities with a sophisticated research and development centre is its big plus.
- The company has an extensive pan-India distribution network with the ability to scale.
- It is also well-positioned to capture tailwinds in the Indian IMFL industry.
- Experienced Board and senior management team.
Allied Blenders and Distillers IPO Risks
- The company is dependent on revenue from stores based in southern regions of India.
- A major part of revenue comes from the sale of whisky, especially on Officer’s Choice.
- It has experienced volatile fluctuations in our profit after tax and PAT Margin.
- It operates in a highly competitive industry.
- Any past or current actions taken by the Central Consumer Protection Authority can impact the company.
- Some of its subsidiaries have incurred losses in the past.
- It has reported negative cash flows in the past.
- High working capital requirements.
Swot Analysis for Allied Blenders and Distillers IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
Company Details
Allied Blenders and Distillers Limited
394-C Lamington Chambers,
Lamington Road,
Mumbai– 400 004,
Phone: +91 22 43001111
Email: [email protected]
Website: https://www.abdindia.com/
IPO Registar Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
FAQs
The key objectives of allied blenders and distillers IPO are:
- Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company and
- General corporate purposes.