Allied Blenders and Distillers Limited

Company Profile
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.

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Financial Summary in Cr

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

Tentative Timeline

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

Objects of the Issue

Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company.
General Corporate Purposes.

Contact Information

Registered Office Allied Blenders and Distillers Limited 394-C Lamington Chambers, Lamington Road, Mumbai– 400 004
Phone +91 22 43001111

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270

IPO Reservation

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%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100%
Share Holding Post Issue (Promoters) 80.92%

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