Allied Blenders & Distillers Ltd

Alcoholic Beverages

Offer Period :

25th to 6th Jun 2024

Established in 2008, Mumbai-based Allied Blenders & Distillers Ltd is India's largest Indian-owned IMFL company and the third-largest in sales. Known for brands like Officer’s Choice and Sterling Reserve, Read more... it has a widespread sales network, distilleries, and bottling facilities, commanding an 8.2% market share. It exports to 20 countries, including the USA.Read less

Allied Blenders & Distillers Ltd IPO Details

IPO Date 25th to 6th Jun 2024 Minimum Investment ₹14893 / 1 Lots
Listing Date 2024-07-02 Maximum Investment ₹193609 / 13 Lots
Face Value ₹2 per share Total Issue Size ₹1500 Crores
Price ₹267 to ₹281 per share Fresh Issue ₹1000 Crores
Lot Size 1 Lots (53 Shares) Offer For Sale ₹ 500
Listing At BSE, NSE Retail Discount ₹ 0
Employee Discount ₹ 0    
IPO Date 25th to 6th Jun 2024
Listing Date 2024-07-02
Face Value ₹2 per share
Price ₹267 to ₹281 per share
Lot Size 1 Lots (53 Shares)
Listing At BSE, NSE
Employee Discount ₹0 Crores
Minimum Investment ₹14893 / 1 Lots
Maximum Investment ₹193609 / 13 Lots
Total Issue Size ₹1500 Crores
Fresh Issue ₹1000 Crores
Offer For Sale
Retail Discount ₹ 0

Tentative Timeline

Important dates for allocation and IPO listing.

25th Jun

IPO Starts

27th Jun

IPO Ends

28th Jun

Allotment Date

1st Jul

Initiation of Refund

1st Jul

Credit of Shares to Demat Account

2nd Jul

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 100 0
Public Group 0 100

Allied Blenders & Distillers Ltd IPO Reservation

QIB Shares Offered 10654804(19.96%)
NII (HNI) Shares Offered 7991103(14.97%)
Retail Shares Offered 18645908(34.93%)
Anchor Investor Shares Offered 15982207(29.94%)
Total Shares Offered 53380784
Total Shares With Anchor Investor 53380784

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Allied Blenders & Distillers Ltd IPO Registrar

Link Intime India Pvt Ltd
Phone Number +91 22 4918 6200
Email Id abdl.ipo@linkintime.co.in
Our Website www.linkintime.co.in

Allied Blenders & Distillers Ltd IPO Lead Manager

1. ICICI Securities Ltd

2. Nuvama Wealth Management Ltd

3. ITI Capital Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Allied Blenders & Distillers Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Allied Blenders & Distillers Ltd

1. Among the largest IMFL companies in India with a diversified and contemporary product portfolio.

2. Strong brand recognition.

3. Strategically located, large scale and advanced manufacturing facilities with a sophisticated research and development centre.

4. Access to extensive pan-India distribution network with ability to scaleAccess to extensive pan-India distribution network with ability to scale.

5. Well-positioned to capture tailwinds in the Indian IMFL industry.

6. Experienced Board and senior management team and supported by a committed employee baseExperienced Board and senior management team and supported by a committed employee base.

Risks Involved

1. The company is substantially dependent on the sales of its whisky products which generated 97.58%, 96.90%, and 95.38% its revenue from operations in Fiscal 2021, 2022 and 2023 and 95.76% and 94.33%, respectively, of its revenue from operations for the nine months ended December 31, 2022 and December 31, 2023. Any reduction in sales of these products could have a material adverse effect on its business, financial condition, results of operations and prospects.

2. The company has experienced volatile fluctuations in its profit after tax for the year/period and PAT Margin in the past. There is no guarantee that these will improve in the future and the Company will be able to generate higher returns.

3. The company is significantly dependent on the sale of its whisky products under the Officer's Choice brand which constituted 83.76%, 82.29%,75.85%, 76.78% and 73.02% of its total sales volume in Fiscal, 2021, 2022 and 2023 and nine months ended December 31, 2022 and December 31, 2023. An inability to maintain or enhance the popularity of its Officer's Choice brand may adversely impact the company's business prospects and financial performance.

4. Increasing competition in the IMFL industry may create certain pressures that may adversely affect its business, prospects, results of operations, cash flows and financial condition.

5. Any past or current actions taken by the Central Consumer Protection Authority or any other statutory or regulatory bodies, may impact its operations and financials of the Company.

6. Termination of its agreements in relation to the bottling facilities may adversely affect its business, results of operations and financial condition.

7. The company enter into certain related party transactions in the ordinary course of its business and the company cannot assure you that such transactions will not have an adverse effect on its results of operation and financial condition.

8. An increase in taxes or a change in the tax calculation method may affect the demand for its products and could adversely affect the company's business, financial condition, results of operations and prospects.

9. As on the date of this Red Herring Prospectus, certain trademark applications are pending and the company has filed and are a party to 31 ongoing trademark infringement cases. Any inability to protect its intellectual property from third-party infringement may adversely affect its business and prospects.

10. Its operations are subject to extensive Central and State regulations. Changes in the regulatory environment may cause it to incur additional costs or limit the company's business activities.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
  2023 2022 2021
Total Assets 2487.7 2248.34 2298.57
Total Liabilities 2487.7 2248.34 2298.57
Total Expenses 7110.8 7204.33 2354.66
Total Revenue 
7116.75 7208.17 2367.4
Profit After Tax 1.6 1.49 2.51
EBITDA 196.06 207.56 213
Adjusted EBITDA 0 0 0

Allied Blenders & Distillers Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2024-07-02 0 -
INE552Z01027
₹0 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹267 ₹0
Open ₹0 ₹0
Low ₹0 ₹0
High ₹0 ₹0
Low ₹0 ₹0

Frequently Asked Questions

What is Allied Blenders & Distillers Ltd IPO?

Answer Field

Allied Blenders & Distillers Ltd IPO is a Mainboard IPO of 5,33,80,784 equity shares of a face value of ₹2 aggregating up to ₹1500 Crores. The issue is priced at ₹267 to ₹281 per share. The minimum order quantity is 53 Shares. The IPO opens on June 25, 2024, and closes on June 27, 2024. Link Intime India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE,NSE.

When Allied Blenders & Distillers Ltd IPO will open?

Answer Field

The Allied Blenders & Distillers Ltd IPO opens on June 25, 2024 and closes on June 27, 2024.

What is the lot size of Allied Blenders & Distillers Ltd?

Answer Field

Allied Blenders & Distillers Ltd lot size is 53 shares, and the minimum amount required is ₹14,893.

How to apply for Allied Blenders & Distillers Ltd IPO?

Answer Field

You can apply in Allied Blenders & Distillers Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Allied Blenders & Distillers Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Allied Blenders & Distillers Ltd IPO will be done on June 28, 2024, and the allotted shares will be credited to your demat account by July 01, 2024.

When is Allied Blenders & Distillers Ltd IPO listing date?

Answer Field

The Allied Blenders & Distillers Ltd listing date is July 02, 2024.

Who is the registrar of Allied Blenders & Distillers Ltd IPO?

Answer Field

The registrar of Allied Blenders & Distillers Ltd IPO is Link Intime India Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

ICICI Securities Ltd,Nuvama Wealth Management Ltd,ITI Capital Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Allied Blenders & Distillers Ltd IPO?

Answer Field

The fresh issue size is ₹1000 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Allied Blenders & Distillers Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 53 shares and ₹14,893 amount.

How can I approve the UPI mandate request for Allied Blenders & Distillers Ltd IPO?

Answer Field

To apply for Allied Blenders & Distillers Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Allied Blenders & Distillers Ltd?

Answer Field

The price of each Allied Blenders & Distillers Ltd share will be ranging in between ₹267 to ₹281 per share.

What is the cut-off time for the UPI mandate for Allied Blenders & Distillers Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, June 27, 2024.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • TBI CORN LIMITEDSME IPO

  • Issue Price

    94.00

  • Listing Day Close

    207.90

  • Listing Day (Gain/Loss)

    121.28

  • ZTECH INDIA LIMITEDSME IPO

  • Issue Price

    110.00

  • Listing Day Close

    105.00

  • Listing Day (Gain/Loss)

    -4.55

  • GSM FOILS LIMITEDSME IPO

  • Issue Price

    32.00

  • Listing Day Close

    33.60

  • Listing Day (Gain/Loss)

    6.25

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 5x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

7 Lac+ Users

icon-with-text

4.5+ App Rating

icon-with-text

4 Languages

icon-with-text

₹ 3800 Cr MTF Book

icon-with-text