Allied Blenders IPO Date, Review, Price, Allotment Details

Allied Blenders is the largest Indian-owned Indian-made foreign liquor (“IMFL”) company and the third largest IMFL company in India, in terms of annual sales volumes between Fiscal 2014 and Fiscal 2022. (Source: Technopak Report). They are one of the only four spirits companies in India with a pan-India sales and distribution footprint, a leading exporter of IMFL, and had an estimated market share (in terms of sales volume) of 11.8% in the Indian whisky market for Fiscal 2023.

Their flagship brand, Officer’s Choice Whisky was launched in 1988 with their entry into the mass premium whisky segment. Officer’s Choice Whisky has been among the top-selling whisky brands globally in terms of annual sales volumes between 2016 and 2019. (Source: Technopak Report). Over the years, they have expanded and introduced products across various categories and segments. As of August 31, 2023, their product portfolio comprised 17 major brands of IMFL across whisky, brandy, rum, and vodka. Certain of our brands, such as Officer’s Choice Whisky, Sterling Reserve, Officer’s Choice Blue, and ICONiQ Whisky, are ‘Millionaire Brands’ or brands that have sold over a million 9-litre cases in one year. (Source: Technopak Report)

Objects of the Issue

• Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company and
• General corporate purposes.

Allied Blenders IPO Review (Apply or Not)

• May Apply

Brokerage Firm IPO Review

• Anand Rathi: Apply
• BP Equities: Apply
• Marwadi Shares and Finance: Apply
• SBICAP Securities: Apply
• Sushil Finance: Apply
• Swastika Investmart: Avoid

Allied Blenders IPO Date & Price Band Details

Allied Blenders IPO Market Lot

The Allied Blenders and Distillers IPO minimum market lot is 53 shares with ₹14,893 application amount. The retail investors can apply up-to 13 lots with 689 shares or ₹193,609 amount.

Allied Blenders IPO Allotment & Listing Dates

The Allied Blenders and Distillers IPO date is June 25 and the close date is June 27. The Allied Blenders and Distillers IPO allotment will be finalized on June 28 and the IPO listing on July 2.

You can check IPO subscription status and IPO allotment status on their respective pages.

Allied Blenders and Distillers IPO Form

How to apply for the Allied Blenders and Distillers IPO? You can apply for Allied Blenders and Distillers IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Allied Blenders and Distillers IPO in the Invest section. The other option is you can apply for Allied Blenders and Distillers IPO via IPO forms downloaded via NSE and BSE. Check out the Allied Blenders and Distillers forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Allied Blenders and Distillers Company Financial Report

Allied Blenders and Distillers IPO Valuation – FY2023

Check Allied Blenders and Distillers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• United Spirits Limited
• Radico Khaitan Limited
• Globus Spirits Limited

Company Promoters

• Kishore Rajaram Chhabria
• Bina Kishore Chhabria
• Resham Chhabria Jeetendra Hemdev
• Bina Chhabria Enterprises Private Limited
• BKC Enterprises Private Limited
• Oriental Radios Private Limited
• Officer’s Choice Spirits Private Limited

Allied Blenders and Distillers IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/mipo/ipoallotment.html

Allied Blenders IPO Allotment Status Check

Check Allied Blenders and Distillers IPO allotment status on Linkintime website allotment URL. Click Here

Allied Blenders IPO Lead Managers aka Merchant Bankers

• ICICI Securities Limited
• Nuvama Wealth Management Limited
• Iti Capital Ltd

Company Address

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/

Allied Blenders and Distillers IPO FAQs