Allied Blenders and Distillers (ABD) Limited is one of India’s prominent alcoholic beverage companies. Founded in 1988 by Kishore Chhabria, ABD has grown to become a significant player in the Indian spirits market, known for producing and marketing a variety of alcoholic beverages, including whisky, rum, brandy, and vodka.
Strategic Initiatives:
- Diversification: ABD continues to diversify its product range to cater to evolving consumer preferences and trends.
- Marketing and Branding: The company invests heavily in marketing and branding to enhance its visibility and market share.
- Sustainability: ABD is committed to sustainable practices in its operations, focusing on reducing its environmental footprint.
Challenges and Opportunities:
- Regulatory Environment: The alcoholic beverage industry in India is heavily regulated, posing challenges in terms of compliance and operational flexibility.
- Competition: ABD faces stiff competition from other major players in the industry, both domestic and international.
- Growth Potential: Despite challenges, the Indian market presents significant growth opportunities due to its large and young population with increasing disposable income.
In summary, Allied Blenders and Distillers Limited is a major entity in the Indian alcoholic beverage market, known for its popular brands, strategic initiatives, and commitment to quality and innovation. The company continues to expand its presence and influence both domestically and internationally.
Allied Blenders and Distillers Limited IPO Timetable
Particular | Date |
IPO Open Date | 25 June 2024 |
IPO Close Date | 27 June 2024 |
Allotment Date | 28 June 2024 |
IPO Listing Date | 02 July 2024 |
Allied Blenders and Distillers Limited IPO Details
Issue Type | Book Built Issue IPO |
Face Value | Rs. 2 Per Equity Share |
IPO Price | Rs. 267 to Rs. 281 Per Equity Share |
Market Lot | 53 Share |
ISIN Code | |
Listing At | NSE & BSE |
Issue Size | Approx. Rs. 1500 Crore. |
Allied Blenders and Distillers Limited IPO Lot Size
Application | Lots | Shares | Amount |
Minimum | 1 | 53 | Rs. 14893 |
Maximum | 13 | 689 | Rs. 193609 |
Small HNI (Minimum) | 14 | 742 | Rs. 208502 |
Big HNI (Minimum) | 68 | 3604 | Rs. 1012724 |
Allied Blenders and Distillers Limited IPO Allotment Status & IPO forms
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Click Here To Get ASBA Forms Allied Blenders and Distillers Limited IPO
Company Financials:
Particular | 31 March 2023 | 31 March 2022 | 31 March 2021 |
Total Assets | 2487.70 | 2248.35 | 2298.57 |
Total Revenue | 7116.75 | 7208.17 | 6397.81 |
Profit After Tax | 1.60 | 1.48 | 2.51 |
Company Promoters:
The Promoters of the company are 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.
Purpose of the Issue
- Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company.
- General corporate purposes.
Registrar & Company Details
Company Contact Information | IPO Registrar |
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 | 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 |