Allied Blenders and Distillers (ABD) IPO Details: Allied Blenders and Distillers IPO date is not fixed, the IPO may hit the market on December 2023 or early 2024. ABD is going to raise around ₹ ₹2000 crores via IPO that comprises fresh issue of ₹1000 crores and offer for sale up to ₹ 1000 crores with face value of 2 each. The retail quota for this IPO is 35%, QIB is 50%, and HNI is 15%.
Allied Blenders and Distillers (ABD) was founded by Kishore Rajaram Chhabria in 1988, is a prominent figure in the Indian liquor industry. The company is known for its flagship brand, Officer’s Choice, which is one of the largest-selling whisky brands in the world.
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Allied Blenders and Distillers (ABD) produces a range of alcoholic beverages including whisky, rum, brandy, and vodka. In addition, they sell packaged drinking water under the Officer’s Choice, Officer’s Choice Blue, and Sterling Reserve brands. Officer’s Choice whisky is particularly popular and has consistently ranked among the top-selling whisky brands globally. The company has a significant presence in the Indian market and has played a key role in shaping the country’s spirits industry. Officer’s Choice, with its affordable pricing and wide distribution network, has contributed to ABD’s success in capturing a substantial market share.
ABD offers a range of Indian-made foreign liquor categories, including whisky, brandy, rum, and vodka1. Here are some of the brands that ABD owns:
- Officer’s Choice Whisky: ABD’s flagship brand, launched in 1988, has been among the top-selling whisky brands in the world.
- Sterling Reserve B7 Whisky: Ranked as the fastest-growing spirits brand in calendar year 2019.
- ICONiQ White: A premium vodka brand.
- X&O Barrel: A premium rum brand.
- Srishti & Kyron Brandy: ABD’s brandy offerings.
Objects of the Issue:
- Repayment or prepayment of existing borrowings of the company to be availed on consolidated basis.
- To Meet general corporate purposes.
Allied Blenders IPO Date & Price Band Details
| IPO Open: | 2024 |
| IPO Close: | 2024 |
| IPO Size: | Aprox ₹ 2000 Carores |
| Fresh Issue: | Aprox ₹ 1000 Carores |
| Offer for Sale: | Aprox ₹ 1000 Carores |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹ [.] to [.] Per Share |
| IPO Listing Date: | 2024 |
| IPO Listing On: | BSE & NSE |
| IPO Retail Quota: | 35% |
| IPO NII Quota: | 15% |
| IPO QIB Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
Allied Blenders IPO Review (Apply or Not)
To be updated soon.
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- Arihant Capital: To be updated Soon
- Capital Market: To be updated Soon
- Hem Security: To be updated Soon
- IDBI Capital: To be updated Soon
- Religare Broking: To be updated Soon
ABD IPO Market Lot
The Allied Blenders and Distillers IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
| Application | Lot Size | Share | Amount |
|---|---|---|---|
| Retail Minimum | 1 | - | ₹- |
| Retail Maximum | 13 | - | ₹- |
| S-HNI Mimimum | 14 | - | ₹- |
| B-HNI Maximum | 68 | - | ₹- |
ABD IPO Allotment & Listing Dates
The Allied Blenders and Distillers IPO date is 2023 and the close date is October 2023. The Allied Blenders and Distillers IPO allotment will be finalized on 2024 and the IPO listing on 2024.
| Price Band Announcement: | 2024 |
| Anchor Investors Allotment: | 2024 |
| IPO Open Date: | 2024 |
| IPO Close Date: | 2024 |
| IPO Allotment Date: | 2024 |
| Refunds Date: | 2024 |
| Credit to Demat Account: | 2024 |
| IPO Listing Date: | 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Allied Blenders and Distillers Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹ | ₹ | ₹ |
| 2021 | ₹ 6398 | ₹ 6185 | ₹ 2.51 |
| 2022 | ₹ 5453 | ₹ 5294 | ₹ 3.30 |
ABD IPO Valuation – FY2021
Check Allied Blenders and Distillers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹ 0.11 per Equity Share |
| Price to Earning (P/E) Ratio: | N/A |
| Return on Net Worth (RoNW): | 0.66 % |
| Net Asset Value (NAV): | ₹ 15.75 per Equity Share |
Allied Blenders and Distillers Company Promoters
- Kishore Rajaram Chhabria
- Bina Kishore Chhabria
- Resham Chhabria Jeetendra Hemdev
- Bina Chhabria Enterprises Private Limited
- BKC Enterprises Private Limited
- Oriental Radios Private Limited
- Officer’s Choice Spirits Private Limited
Allied Blenders Peer Group Companies
| Company Name | Face Value | PE Ratio | PB Ratio |
|---|---|---|---|
| United Spirits Ltd | 2 | 67.14 | 12.72 |
| United Breweries Ltd | 10 | 143.24 | 10.97 |
| Radico Khaitan Ltd | 2 | 91.41 | 9.12 |
| Tilaknagar Industries Ltd | 10 | 33.98 | 10.55 |
| Sula Vineyards Ltd | 2 | 43.41 | 7.37 |
| Globus Spirits Ltd | 10 | 21.09 | 2.73 |
Allied Blenders and Distillers IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: abdl.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
Allied Blenders and Distillers IPO Allotment Status Check
Check Allied Blenders and Distillers IPO allotment status on Linkintime website allotment URL. Click Here
Allied Blenders and Distillers Company Address
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/
Allied Blenders and Distillers IPO Form
How to apply for the Allied Blenders and Distillers IPO? You can apply for Allied Blenders and Distillers IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Allied Blenders and Distillers IPO in the Invest section. The other option is you can apply for Allied Blenders and Distillers IPO via IPO forms downloaded via NSE and BSE. Check out the Allied Blenders forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Allied Blenders and Distillers IPO FAQs
Allied Blenders and Distillers IPO is a main-board IPO. They are going to raise ₹ 2000 Crores via IPO that comprises fresh issue of ₹1000 crores and offer for sale up to ₹1000 crores of ₹2 each. The issue is priced at ₹[.] to ₹[.] pr equity share.
The Allied Blenders and Distillers IPO is going to open on 2023 for QIB, NII, and Retail Investors.
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
You can apply for Allied Blenders and Distillers IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Allied Blenders and Distillers IPO size is ₹2000 crores.
The Price Band for Allied Blenders and Distillers IPO is ₹[.] to ₹[.].
The minimum bid is [.] Shares with ₹[.] amount while the maximum bid is [.] shares with ₹[.] for retail investors.
Allied Blenders and Distillers (ABD) IPO allotment date is 2024.
Allied Blenders and Distillers (ABD) IPO listing date is 2024. The IPO is to list on BSE and NSE.