Allied Blenders and Distillers Limited IPO

Allied Blenders and Distillers Limited IPO

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

ParticularDate
IPO Open Date25 June 2024
IPO Close Date27 June 2024
Allotment Date28 June 2024
IPO Listing Date02 July 2024

Allied Blenders and Distillers Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 2 Per Equity Share
IPO PriceRs. 267 to Rs. 281 Per Equity Share
Market Lot53 Share
ISIN Code
Listing AtNSE & BSE
Issue SizeApprox. Rs. 1500 Crore.

Allied Blenders and Distillers Limited IPO Lot Size

ApplicationLotsSharesAmount
Minimum153Rs. 14893
Maximum13689Rs. 193609
Small HNI (Minimum)14742Rs. 208502
Big HNI (Minimum)683604Rs. 1012724

Allied Blenders and Distillers Limited IPO Allotment Status & IPO forms

Click Here To Check IPO Allotment Status Allied Blenders and Distillers Limited IPO

Click Here To Get ASBA Forms Allied Blenders and Distillers Limited IPO

Company Financials:

Particular31 March 202331 March 202231 March 2021
Total Assets2487.702248.352298.57
Total Revenue7116.757208.176397.81
Profit After Tax1.601.482.51
for accurate figures follow the company financials.

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 InformationIPO 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

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