Allied Blenders and Distillers Limited IPO

Mainboard

Breweries & Distilleries

Listed On: Jul 2, 2024 at ₹ 320.0(NSE)

₹ 14893 /53 Shares

Check Allotment

Price Summary

Last Closing

315.00 (12.1%)

52 Week High

372.40

52 Week Low

282.05

Last Update

22-Nov-2024 3:30 PM

Allied Blenders and Distillers Limited IPO Details

25 Jun, 2024

Open Date

27 Jun, 2024

Close Date

28 Jun, 2024

Allotment Date

02 Jul, 2024

Listing Date

Issue Price

₹267-281 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

320.0(NSE)

Listing Date

2024-07-02

Market Lot

Retail : 53 Shares (₹14,893/-)
S-HNI : 742 Shares (₹2,08,502/-)
B-HNI : 3,604 Shares (₹10,12,724/-)

Lead Manager

ICICI Securities Limited
Nuvama Wealth Management Limited
Iti 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)

Retail Portion

35% (Number of Retail Applications: 3,51,810 Approx),
(Number of S-HNI Applications : 3,590 Approx),
(Number of B-HNI Applications : 7,180 Approx)

Subscription

23.49 times

IPO Docs

DRHP RHP ANCHOR

Allied Blenders and Distillers Limited IPO Subscription Details

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	10,654,804	7,991,103 5,327,402 2,663,701	18,645,907	37,291,814
Day 1 - 25-06-24 05:00 PM	0.02 x	0.87 0.82 x 0.97 x	0.63 x	0.51 x
Day 2 - 26-06-24 05:00 PM	0.14 x	2.98 2.79 x 3.36 x	1.65 x	1.52 x
Day 3 - 27-06-24 05:00 PM	50.37 x	32.35 37.78 x 21.51 x	4.42 x	23.49 x

Total No. of Applications: 15,11,316 (Approx)

Allied Blenders and Distillers Limited Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - As on 31.03.22

₹N/A

Allied Blenders and Distillers Limited Company Financials All values are in ₹ Cr.

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	2,487.70	2,248.35	2,298.57
Revenue	7,116.75	7,208.17	6,397.81
Profit After Tax	1.60	1.48	2.51
Net Worth	406.10	404.10	381.78
Reserves & Surplus	357.28	356.99	327.85
Total Borrowing	780.82	846.91	954.74

About The 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.

Allied Blenders and Distillers Limited - Strength and Weakness

Strength

The company is one of the premier liquor companies in India, with an 8.2% market share in the IMFL category 2021 in sales volume.

Four Allied Blenders and Distillers Limited brands are 'Millionaire Brands.'

Allied Blenders and Distillers Limited excel in the premium segment with strong marketing.

Allied Blenders and Distillers Limited boasts advanced manufacturing and R&D facilities.

It has developed an extensive pan-India presence, serving all permitted states and Union Territories through 12 regional sales service offices.

Weakness

Allied Blenders and Distillers Limited's heavy reliance on whisky sales poses financial risks.

Any decline in the popularity of Allied Blenders and Distillers Limited's brands could harm profits.

Allied Blenders and Distillers Limited faces price control challenges across different states.

Supply chain disruptions could impact Allied Blenders and Distillers Limited's production stability.

Allied Blenders and Distillers Limited's participation in tenders exposes them to compliance risks.

Allied Blenders and Distillers Limited - Promoter(s)

Pre Issue Share Holding: N/A%

Post Issue Share Holding: N/A%

Company Promoter(s)

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

Allied Blenders and Distillers Limited IPO - Issue Objectives

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

Allied Blenders and Distillers Limited IPO - Anchor Investors

Allied Blenders and Distillers mops up Rs 449 crore from anchor investors.

Nippon Life India, JM Financial Mutual Fund, LIC Mutual Fund, Jupiter India Fund, Troo Capital, BNP Paribas, and 360 One Special Opportunities Fund were among the leading investors in the anchor book.

Among others, Goldman Sachs, Integrated Core Strategies (Asia), Societe Generale, Authum Investment and Infrastructure, Winro Commercial, MAIQ Growth Scheme, and LC Radiance Fund VCC also invested in the company.

Other Details

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

Phone: +91-22-4918 6270

Email: abdl.ipo@linkintime.co.in

Website: https://linkintime.co.in/initial_offer/public-issues.html

Allied Blenders and Distillers Limited IPO - FAQs

Ans. Allied Blenders and Distillers Limited IPO is a Mainboard IPO. The issue is priced at ₹267-281 per equity share. The minimum order quantity is 53 Shares. The IPO opens on Jun 25, 2024, and closes on Jun 27, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

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

Ans. The size of Allied Blenders and Distillers Limited IPO is 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).

Ans. The IPO price band is set between ₹267-281 per equity share.

Ans. To apply for Allied Blenders and Distillers Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Allied Blenders and Distillers Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Allied Blenders and Distillers Limited IPO is Jun 28, 2024.

Ans. The Allied Blenders and Distillers Limited IPO will be listed on Jul 2, 2024.

Ans. Follow the steps to check the allotment status for Allied Blenders and Distillers Limited IPO here.