Allied Blenders and Distillers Limited

Allied Blenders and Distillers Limited

Mainboard

₹14,893 / 53 Shares

Offer Date:Jun 25, 2024 - Jun 27, 2024
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Allied Blenders and Distillers Limited IPO Details

The Allied Blenders and Distillers Limited IPO price band is set between ₹267-281 per equity share, with a face value of ₹2 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 25 Jun, 2024 and closes on 27 Jun, 2024. Investors can check the allotment status on 28 Jun, 2024, while the listing date is tentatively scheduled for 2 Jul, 2024.

The total issue size is Total ₹1,500 Cr :#Fresh Issue : 35,587,189 shares, aggregating up to ₹1,000 Cr. Stay tuned for the latest Allied Blenders and Distillers Limited IPO review and GMP updates.

Allied Blenders and Distillers Limited IPO Review, Rating & Analysis

Allied Blenders and Distillers Limited IPO Review

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Allied Blenders and Distillers Limited IPO Rating

Allied Blenders and Distillers Limited IPO Highlights

IPO Date

Jun 25, 2024 - Jun 27, 2024

Listing Date

2 Jul, 2024

Face Value

₹2 Per Equity Share

Price Band

₹267-281 per equity share

Lot Size

53 Shares

Fresh Issue

35,587,189 Shares

Offer for Sale

17,793,594 shares of ₹2

Listing At

BSE, NSE

Allied Blenders and Distillers Limited IPO Lot Size

The minimum market lot for Allied Blenders and Distillers Limited IPO is 53 shares with an application amount of ₹14,893. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)153₹14,893
Retail (Max)13689₹1,93,609
S-HNI (Min)14742₹2,08,502
S-HNI (Max)673551₹9,97,831
B-HNI (Min)683604₹10,12,724

Allied Blenders and Distillers Limited IPO Timeline

IPO Open Date
25 Jun, 2024
IPO Close Date
27 Jun, 2024
Basis of Allotment
28 Jun, 2024
Listing Date
2 Jul, 2024

Issue Price

₹267-281 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

Lead Manager

ICICI Securities LimitedNuvama Wealth Management LimitedIti Capital Ltd

Issue Size

Total ₹1,500 Cr :
#Fresh Issue : 35,587,189 shares(aggregating up to ₹1,000 Cr) +
#OFS : 17,793,594 shares of ₹2(aggregating up to ₹500 Cr)

Allied Blenders and Distillers Limited IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 232487.707116.751.60406.10357.28780.82
31 Mar 222248.357208.171.48404.10356.99846.91
31 Mar 212298.576397.812.51381.78327.85954.74

All values are in ₹ Cr.

Allied Blenders and Distillers Limited IPO Valuations

EPS Pre IPO

₹0.07/-

EPS Post IPO

₹0.20/-

PE Pre IPO

4284.57

PE Post IPO

1393.87

ROE

1.03%

ROCE

24.35%

Debt Equity

1.88

RoNW

1.03%

PAT Margin

0.17

Price to Book Value

16.77

Promoters & Share Holding

Promoter(s) Name

  • 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
Share Holding Pre IssueShare Holding Post Issue
96.21%80.91%

About Company

Allied Blenders and Distillers is an Indian-made foreign liquor company. The company offers four main categories of Indian-made foreign liquor, including whisky, brandy, rum, and vodka. In addition, they sell packaged drinking water under the Officer's Choice, Officer's Choice Blue, and Sterling Reserve brands.

As of December 31, 2021, the company's products were exported to 22 international markets, including the Middle East, North and South America, Africa, Asia, and Europe.

The company owns and operates a distillery in Rangapur, Telangana, which is spread over 74.95 acres and has a built-up area of over 25,000 square meters. The company's in-house distillation capacity of extra neutral alcohol (ENA), the key material used in manufacturing its products, is 54.75 million litres annually. The company also have extensive bottling capabilities across India. As of December 2022, Allied Blenders relied on 30 bottling facilities, including those owned and operated by them, as well as contract bottling facilities, both exclusive and non-exclusive, for bottling its products.

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Allied Blenders and Distillers Limited IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved10,654,804
7,991,103

5,327,402    2,663,701
18,645,90737,291,814
Day 1 -25-06-24 05:00 PM
0.02 x
0.87

0.82 x   0.97 x
0.63 x0.51 x
Day 2 -26-06-24 05:00 PM
0.14 x
2.98

2.79 x   3.36 x
1.65 x1.52 x
Day 3 -27-06-24 05:00 PM
50.37 x
32.35

37.78 x   21.51 x
4.42 x23.49 x
Total No. of Applications:15,11,316 (Approx)

Company Contact Details

Allied Blenders and Distillers Limited

394-C Lamington Chambers, Lamington Road, Mumbai– 400 004

Phone: +91 22 43001111

Email: complianceofficer@abdindia.com

Website: https://www.abdindia.com/

Registrar Contact Details

Link Intime India Private Ltd

Frequently Asked Questions about Allied Blenders and Distillers Limited IPO

When will Allied Blenders and Distillers Limited IPO open for subscription?

The Allied Blenders and Distillers Limited IPO opens on 25 Jun, 2024 and closes on 27 Jun, 2024.

What is the investors portion for Allied Blenders and Distillers Limited IPO?

The investors' portion for QIB is 50.37 x, NII is 37.78 x, and Retail is 4.42 x.

How to apply for Allied Blenders and Distillers Limited IPO?

You can apply for Allied Blenders and Distillers Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Allied Blenders and Distillers Limited IPO?

The issue size of Allied Blenders and Distillers Limited IPO is approx ₹Total ₹1,500 Cr :#Fresh Issue : 35,587,189 shares(aggregating up to ₹1,000 Cr) +#OFS : 17,793,594 shares of ₹2(aggregating up to ₹500 Cr) crores.

What is the price band of Allied Blenders and Distillers Limited IPO?

The price band for Allied Blenders and Distillers Limited IPO is ₹267 to ₹281 per equity share.

What is the lot size of Allied Blenders and Distillers Limited IPO?

The minimum bid (lot size) for Allied Blenders and Distillers Limited IPO is N/A shares with an investment of approx ₹14,893 .

What is the allotment date of Allied Blenders and Distillers Limited IPO?

The allotment date for Allied Blenders and Distillers Limited IPO is 28 Jun, 2024.

What is the listing date of Allied Blenders and Distillers Limited IPO?

The listing date for Allied Blenders and Distillers Limited IPO is expected to be 2 Jul, 2024.

What is the GMP of Allied Blenders and Distillers Limited IPO?

The latest Grey Market Premium (GMP) for Allied Blenders and Distillers Limited IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

Allied Blenders and Distillers Limited IPO Date, Review, Price, Allotment Details, GMP | IPOROCK