Allied Blenders & Distillers Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 26,637,010 (50%) | — | ₹74,850 Cr |
| NII (HNI) | — | 7,991,103 (15%) | — | ₹22,455 Cr |
| Retail | — | 18,645,907 (35%) | — | ₹52,395 Cr |
| Employee | — | 117,647 (0%) | — | ₹33 Cr |
| Σ Total | — | 53,391,667 (100%) | — | ₹1,500,306 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 53 | ₹14,893 |
| Retail (Max) | 13 | 689 | ₹193,609 |
| S-HNI (Min) | 14 | 742 | ₹208,502 |
| B-HNI (Min) | 67 | 3,551 | ₹997,831 |
Financial Statements Amount In Crore
| Metric | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 5,915 | 7,117 | 7,208 |
| Profit After Tax | 4 | 2 | 1 |
| Net Worth | 409 | 406 | 404 |
| Total Assets | 2,741 | 2,488 | 2,248 |
| Reserves & Surplus | 360 | 357 | 357 |
| Total Borrowing | 798 | 781 | 955 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company and –
- General corporate purposes. –
Company Overview
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.