Allied Blenders IPO Date, Review, Price, Allotment Details

Allied Blenders and Distillers 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 2021. They are one of the only four spirits companies in India with a pan-India sales and distribution footprint, and the leading exporter of IMFL, in terms of annual sales volumes between Fiscal 2019 to Fiscal 2021 with an estimated peak share of 20% in Fiscal 2021. (As per DRHP)

The company offers four main categories of Indian-made foreign liquor, including whisky, brandy, rum, and vodka. They also sell packaged drinking water under the Officer’s Choice, Officer’s Choice Blue, and Sterling Reserve brands. The company’s products were exported to 22 international markets, including the Middle East, North and South America, Africa, Asia, and Europe.

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 the calendar year 2016 and 2019. As of March 31, 2022, the company product portfolio comprised 10 major brands of IMFL across whisky, brandy, rum, and vodka. Certain of their brands, such as Officer’s Choice Whisky, Sterling Reserve, and Officer’s Choice Blue, are ‘Millionaire Brands’ or brands that have sold over a million 9-litre cases in one year. (As per DRHP)

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)

• To be updated soon

Brokerage Firm IPO Review

• Capital Market: To be updated soon
• Religare Broking: To be updated soon
• Hem Securities: To be updated soon
• Arihant Capital: To be updated soon

Allied Blenders IPO Date & Price Band Details

Allied Blenders IPO Market Lot

The Allied Blenders and Distillers IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.

Allied Blenders IPO Allotment & Listing Dates

The Allied Blenders and Distillers IPO date is 2023 and the close date is 2023. The Allied Blenders and Distillers IPO allotment will be finalized on 2023 and the IPO listing on 2023.

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 – FY2021

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
• Axis Capital Limited
• Jm Financial Limited
• Kotak Mahindra Capital Company Limited
• Equirus Capital Private Limited

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