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Open
25 Jun 2024
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Close
27 Jun 2024
3
Allotment
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Listing
Tue, Jul 2, 2024
Price Band
₹267 to ₹281
Issue Size
5,33,90,079 shares (agg. up to ₹1,500 Cr)
Lot Size
53 Shares
Listing Date
Tue, Jul 2, 2024
Latest GMP
₹59
Est. Gain
21%
✦ AI Insight
GMP Trend
02-07-2024₹59Est. ₹340+21%
01-07-2024₹59Est. ₹340+21%
30-06-2024₹41.5Est. ₹322.5+14.77%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 17.61x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 2,741.39 | 2,487.70 | 2,248.35 | 2,298.57 |
| Total Income | 5,914.98 | 7,116.75 | 7,208.17 | 6,397.81 |
| Profit After Tax | 4.23 | 1.60 | 1.48 | 2.51 |
| NET Worth | 409.26 | 406.10 | 404.10 | 381.78 |
| Reserves and Surplus | 360.43 | 357.28 | 356.99 | 327.85 |
| Total Borrowing | 798.11 | 780.82 | 846.91 | 954.74 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company; and | 720.00 |
| 2 | General corporate purposes | 221.47 |
About Allied Blenders IPO
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
Contact Details
Allied Blenders & Distillers Ltd. Address394-C Lamington ChambersLamington RoadMumbai, Maharashtra, 400004+91 22 43001111complianceofficer@abdindia.comVisit Website