Company Name | Allied Blenders and Distillers Limited |
Open Date | 25-06-2024 |
Close Date | 27-06-2024 |
Exchange | BSE, NSE |
Lot Size | 53 Shares |
Issue Price | ₹267 to ₹281 per share |
Issue Size | 5,33,80,783 shares |
Application Amount | ₹ 14,893 (53 shares) – 1,93,609 (689 shares) |
Recommendation | Avoid |
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 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. 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.
KPI’s | 2022 | 2023 | Dec-23 |
Revenue | 7,196.92 | 7,105.68 | 5,911.14 |
EBITDA | 196.31 | 184.99 | 182.37 |
Net Profit | 1.48 | 1.60 | 4.23 |
RoCE | 22.25% | 22.73% | 19.73% |
ROE | 0.37% | 0.39% | 1.03% |
P/E | 4,683.33 | 4,014.29 | 59.79 |
Opening Date | 25/06/2024 |
Closing Date | 27-06-2024 |
Basis of Allotment | 28-06-2024 |
Initiation of Refunds | 01-07-2024 |
Credit of Shares to Demat | 01-07-2024 |
Listing Date | 01-07-2024 |
Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company. |
General Corporate Purposes. |
Registered Office | Allied Blenders and Distillers Limited 394-C Lamington Chambers, Lamington Road, Mumbai– 400 004 |
Phone | +91 22 43001111 |
complianceofficer@abdindia.com | |
Website | https://www.abdindia.com/ |
Allied Blenders IPO DRHP |
Allied Blenders IPO RHP |
Name | Link Intime India Private Ltd |
Phone | +91-22-4918 6270 |
abdl.ipo@linkintime.co.in | |
Website | https://linkintime.co.in/initial_offer/public-issues.html |
Anchor Investor Shares Offered | 15,982,206 (30.00%) |
QIB Shares Offered | 10,654,804 (20.00%) |
Retail Shares Offered | 18,645,907 (35.00%) |
NII (HNI) Shares Offered | 7,991,103 (15.00%) |
Employee Shares Offered | 117,647 (0.22%) |
Share Holding Pre Issue (Promoters) | 100% |
Share Holding Post Issue (Promoters) | 80.92% |