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Allied Blenders and Distillers Limited
Issue Size (Net)
up to Rs.1,500.00 Cr
Price Band
Rs.267 to Rs.281 per share
Issue Opens
June 25, 2024
Issue Closes
June 27, 2024

Company Highlights

1.Company Information

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 2019As of December 31, 2021, the company's products were exported to 22 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 2022, Allied Blenders relied on 30 bottling facilities, including those owned and operated by them, and contract bottling facilities, both exclusive and non-exclusive, for bottling its products.

2. Objects of the Issue (Allied Blenders IPO Objectives)
The company proposes to utilize the Net Proceeds from the Offer towards funding the following objects:
1. 1. Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company and
2.General corporate purposes.
3.Allied Blenders IPO Registrar
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

Allied Blenders and Distillers Limited Financial Information (Restated Consolidated)

Period Ended
Assets
Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Dec-23
2741.39
5914.98
4.23
409.26
360.43
798.11
31-Mar-23
2487.70
7116.75
1.6
406.1
357.28
780.82
31-Mar-22
2248.35
7208.17
1.48
404.1
356.99
846.91
31-Mar-21
2298.57
6397.81
2.51
381.78
327.85
954.74
Amount in Rs. Crore

Allied Blenders IPO Details

Issue Opening Date
June 25, 2024
Issue Closing Date
June 27, 2024
Face Value
Rs.2 per share
Price
Rs.267 to Rs.281 per share
Lot Size
53 Shares
Issue Size
53,380,783 shares(aggregating up to Rs.1,500.00 Cr)
Fresh Issue
35,587,189 shares(aggregating up to Rs.1,000.00 Cr)
Offer for Sale
17,793,594 shares of Rs.2(aggregating up to Rs.500.00 Cr)
Employee Discount
Rs 26 per share
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE

Allied Blenders IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Tuesday, June 25, 2024
Closing Date
Thursday, June 27, 2024
Basis of Allotment
Friday, June 28, 2024
Initiation of Refunds
Monday, July 1, 2024
Credit of Shares to Demat
Monday, July 1, 2024
Listing Date
Tuesday, July 2, 2024
Cut-off time for UPI mandate confirmation
5 PM on June 27, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
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