Allied Blenders And Distillers Ltd. IPO
Allied Blenders And Distillers Ltd.
IPO Listing Details
Listed On
BSE & NSE
Listed On
Issue Price
₹281
Issue Price
Listing Price
₹318
Listing Price
Listing Gains
+₹37.10 (+13.20%)
Listing Gains
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
1,051 Cr
Issue Size
Subscription Rate
- Retail Individual Investor4.51x
- Non-Institutional Investor32.40x
- Qualified Institutional Buyers50.37x
- Employees9.89x
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:
- Market Leader: ABD is the largest Indian-owned IMFL company and holds a significant market share.
- Strong Brand Portfolio: With well-known brands like Officer's Choice, ABD has a strong product lineup that appeals to a broad customer base.
- Pan-India Presence: The company’s extensive distribution network ensures a wide reach, enhancing sales potential.
- 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.
