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Allied Blenders & Distillers Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹281
Per Share
GMP
NIL
Grey Market
Est. Listing
₹281
Expected Price
Min. Application
₹29,786
2 lots × 53 shares
IPO Issue Details
Issue Price / Price Band₹281 per share (Fixed Price)
Face Value₹2 Per Share
Lot Size53 Shares per Lot
Total Issue Size5,33,90,079 shares (aggregating up to ₹1,500.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 25 Jun 2024
Subscription CloseThu, 27 Jun 2024
Anchor AllotmentMon, 24 Jun 2024
Basis of AllotmentFri, 28 Jun 2024
Initiation of RefundsMon, 01 Jul 2024
Credit of Shares to DematMon, 01 Jul 2024
Listing DateTue, 02 Jul 2024
UPI Mandate Deadline2024-06-27
Application & Investment Details
Retail — Min (1 Lots)₹14,893 — 53 shares
Retail — Max (13 Lots)₹193,609 (13 Lots)
HNI — Min (14 Lots)₹2,08,502 — 742 shares
EPS (Pre-IPO)₹0.07
EPS (Post-IPO)₹0.20
P/E Ratio (Pre-IPO)4284.57x
P/E Ratio (Post-IPO)1393.87x
Post-IPO Promoter Holding27,97,00,854 shares
Fresh Issue Shares3,55,96,486 shares (aggregating up to ₹1,000.09 Cr)
Offer for Sale Shares1,77,93,593 shares of ₹2 (aggregating up to ₹499.91 Cr)
About Allied Blenders & Distillers Ltd.

Incorporated in 2008, Allied Blenders and Distillers is an Indian-made foreign liquor company. The company offers four Indian-made foreign liquor categories: 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.The Officer's Choice Whisky was introduced in 1988 as the company's foray into the mass premium whisky market. It is one of the most-selling whisky brands in the world in terms of annual sales volumes from 2016 to 2019.As of December 31, 2023, the company's products were exported to 14 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 31, 2023, the company owned and operated nine bottling units and utilized the entire licensed capacity of five third-party bottling facilities.As of March 31, 2023, the products were sold in 79,329 retail outlets across 30 states and union territories in India.

Objects of the Issue

Allied Blenders & Distillers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company and
2
General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding Not Available
Post-IPO Promoter Holding 27,97,00,854 shares
Lock-in Period (30%)July 28, 2024
Lock-in Period (50%)September 26, 2024
Check AllotmentCheck Status →
Allied Blenders & Distillers Ltd. — Live Price LIVE
₹281.00
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Issue ₹281.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹281
GMPNIL
Est. Listing₹281
Lot Size53 shares
Min Amount₹29,786
Listing Date02 Jul 2024
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹281
Listing Date02 Jul 2024
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 53,391,667 100.00% ₹1,500.31 Cr
* Based on ₹281.00 (upper price band)
Lot Size & Investment Details
Lot Size
53
Shares
Issue Price
₹281.00
Per Share
Min Investment
₹14,893
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 53 ₹14,893
Retail (Max) 13 689 ₹193,609
sNII (Min) 14 742 ₹208,502
bNII (Min) 68 3,604 ₹1,012,724
Company Financials — Restated Consolidated (Amount In Crore)
Particulars31 Dec 202331 Mar 202331 Mar 2022
Revenue from Operations 5914.98 7116.75 7208.17
EBITDA N/A N/A N/A
Profit After Tax (PAT) 4.23 1.60 1.48
Net Worth 409.26 406.10 404.10
Total Assets 2741.39 2487.70 2248.35
Reserves & Surplus 360.43 357.28 356.99
Total Borrowings 798.11 780.82 954.74
Key Ratios & Valuation
Issue Price ₹281
Face Value ₹2 Per Share
P/BV 16.77
RoE 1.03%
RoCE 24.35%
RoNW 1.03%
PAT Margin (%) 0.17%
EBITDA Margin (%) N/A
Debt / Equity 1.88
Company Details
Company
Allied Blenders & Distillers Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹2 Per Share
Script Code
N/A
Address
394-C Lamington Chambers, Lamington Road, Mumbai– 400 004, Mumbai, Maharashtra
Book Running Lead Managers
ICICI Securities Ltd.
Book Running Lead Manager (BRLM)
Nuvama Wealth Management Ltd.
Book Running Lead Manager (BRLM)
ITI Capital Ltd.
Book Running Lead Manager (BRLM)