Allied Blenders And Distillers Ltd. IPO

Allied Blenders And Distillers Ltd.

IPO Details

Bidding Dates

25 Jun - 27 Jun '24

Bidding Dates

Min. Investment

₹14,151

Min. Investment

Lot Size

53.00

Lot Size

Price Range

₹267 - ₹281

Price Range

Issue Size

1,500 Cr

Issue Size

About Company

Allied Blenders & Distillers Ltd. (ABD) is a leading player in the Indian-made foreign liquor (IMFL) market. With its flagship product, Officer's Choice Whisky, ABD has carved out a significant market presence. The company ranks as the third-largest IMFL company by annual sales volume from 2014 to 2021. It boasts a diverse portfolio of 10 major brands, including whisky, rum, brandy, and vodka, and exports to 22 international markets.Allied Blenders & Distillers IPO is generating significant buzz in the market, and potential investors are keen to understand its various aspects. This article will delve into the details of the Allied Blenders & Distillers IPO, including its Grey Market Premium (GMP), price, and whether it’s a good investment opportunity.

Important Dates - Allied Blenders & Distillers IPO

Application opens on 25th June 2024
Last date of application 27th June 2024
Date of Allotment 28th June 2024
Refund begins from 01st July 2024
Credit of shares to Demat 01st July 2024
Listing date 2nd July 2024


Allied Blenders & Distillers IPO Grey Market Premium

Date GMP
21st June Rs.50
20th June Rs.50
19th June Rs.-

Why should you invest in Allied Blenders And Distillers Ltd. IPO?

Investing in the Allied Blenders & Distillers IPO could be a strategic decision due to several reasons:

  1. Market Leader: ABD is the largest Indian-owned IMFL company and holds a significant market share.
  2. Strong Brand Portfolio: With well-known brands like Officer's Choice, ABD has a strong product lineup that appeals to a broad customer base.
  3. Pan-India Presence: The company’s extensive distribution network ensures a wide reach, enhancing sales potential.
  4. Growth Potential: The IPO proceeds will help ABD reduce debt and fuel future growth initiatives.

Allied Blenders & Distillers IPO Noteworthy Highlights

  • Extensive Distribution: ABD products are available in 64,001 retail outlets across India.
  • Strong Export Market: The company exports to 22 international markets.
  • Award-Winning Brands: Officer’s Choice Whisky has received multiple awards, boosting brand credibility.

 

Financial Snapshot - Allied Blenders & Distillers IPO

Check out the financial performance of Allied Blenders & Distillers for recent years:

Financial Year Total Assets Total Revenues Net Profit
March 2021 Rs 2,298.57 crore Rs 6,397.81 crore Rs 2.51 crore
March 2022 Rs 2,248.35 crore Rs 7,208.17 crore Rs 1.48 crore
March 2023 Rs 2,487.70 crore Rs 7,116.75 crore Rs 1.60 crore


Allied Blenders And Distillers Ltd. IPO - SWOT Analysis

Strengths

  • Strong brand recognition and market presence.
  • Diversified product portfolio.
  • In-house R&D for product innovation.

Weaknesses

  • Dependence on whisky sales.
  • High debt levels.

Opportunities

  • Expanding market for premium alcoholic beverages.
  • Increasing urbanization and changing lifestyles.

Threats

  • Regulatory changes affecting sales.
  • Intense competition from other major players.



How to apply for Allied Blenders And Distillers Ltd. IPO?

You can apply for the Allied Blenders And Distillers Ltd. IPO in these ways:

UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.

Demat Account

1. If you are an Existing TradeSmart demat account holder and wish to apply for an Allied Blenders And Distillers Ltd. click here.
2. If you don't have a TradeSmart Account? Sign up.

Looking to invest in an IPO?

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Allied Blenders And Distillers Ltd. IPO FAQs

What is the price band for Allied Blenders & Distillers IPO?

The price band is set between ₹267 to ₹281 per share.

When will the Allied Blenders & Distillers IPO open for subscription?

The IPO will open on June 25, 2024.

What is the GMP of Allied Blenders & Distillers IPO?

The GMP was ₹50 as of June 20, 2024.

What is the size of the Allied Blenders & Distillers IPO?

The IPO size is ₹2,000 crore.

How will the IPO proceeds be used?

The proceeds will be used for debt repayment and general corporate purposes.

Who are the promoters of Allied Blenders & Distillers?

Prominent promoters include Kishore Rajaram Chhabria and Bina Kishore Chhabria.

Where will the shares be listed?

The shares will be listed on NSE and BSE.

What is the business model of Allied Blenders & Distillers?

ABD manufactures, markets, and sells alcoholic beverages in India and abroad.

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