Allied Blenders IPO Date, Review, Price, Allotment Details

Allied Blenders and Distillers IPO Details: Hyundai Motor India IPO date is fixed, the IPO is to hit the market on June 25 and will close on June 27. Allied Blenders IPO to raise around ₹1500 crores via IPO that comprises fresh issue of ₹1000 crores and offer for sale up to ₹500 crores of ₹2 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Allied Blenders and Distillers IPO

Table of Contents


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

IPO Open:June 25, 2024
IPO Close:June 27, 2024
IPO Size:Approx ₹1500 Crores
Fresh Issue:Approx ₹1000 Crores
Offer for Sale:Approx ₹500 Crores
Face Value:₹2 Per Equity Share
IPO Price Band:₹267 to ₹281 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

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.

ApplicationLot SizeSharesAmount
Retail Minimum153₹14,893
Retail Maximum13689₹193,609
S-HNI Minimum14742₹208,502
B-HNI Minimum683,604₹10,12,724

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.

Anchor Investors Allotment:June 24, 2024
IPO Open Date:June 25, 2024
IPO Close Date:June 27, 2024
Basis of Allotment:June 28, 2024
Refunds:July 1, 2024
Credit to Demat Account:July 1, 2024
IPO Listing Date:July 2, 2024

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

  ₹ in Crores
YearRevenueExpensePAT
2021₹6398₹6185₹2.51
2022₹7208₹7001₹1.48
2023₹7117₹6921₹1.60
Dec 2023₹5915₹5729₹4.23

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.

Earning Per Share (EPS):₹0.07 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):0.39%
Net Asset Value (NAV):₹16.64 per Equity Share

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

What is Allied Blenders and Distillers IPO?

Allied Blenders and Distillers IPO is a main-board IPO. They are going to raise ₹1500 Crores via IPO. The issue is priced at ₹267 to ₹281 pr equity share. The IPO is to be listed on BSE & NSE.

When Allied Blenders and Distillers IPO will open?

The IPO is to open on June 25, 2024 for QIB, NII, and Retail Investors.

What is Allied Blenders and Distillers IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Allied Blenders and Distillers IPO?

You can apply for Allied Blenders and Distillers IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Allied Blenders and Distillers IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Allied Blenders and Distillers”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Allied Blenders and Distillers IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Allied Blenders and Distillers”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Allied Blenders and Distillers IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Allied Blenders and Distillers”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Allied Blenders and Distillers IPO Size?

Allied Blenders and Distillers IPO size is ₹1500 crores.

What is Allied Blenders and Distillers IPO Price Band?

Allied Blenders and Distillers IPO Price Band is ₹267 to ₹281.

What is the Allied Blenders and Distillers IPO Allotment Date?

Allied Blenders and Distillers IPO allotment date is June 28, 2024.

What is the Allied Blenders and Distillers IPO Listing Date?

Allied Blenders and Distillers IPO listing date is July 2, 2024. The IPO is to list on BSE and NSE.

Note: The Allied Blenders and Distillers IPO price band and date are officially announced. The IPO grey market premium (Allied Blenders and Distillers IPO Premium) will be added to the IPO grey market page as it will start).

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