Allied Blenders and Distillers Limited IPO

www.finmoneydesk.com

www.finmoneydesk.com

Incorporated in 2008, Allied Blenders and Distillers Limited is the largest Indian-owned Indian-made foreign liquor company. The company offers : whisky, brandy, rum, and vodka. Also, they sell packaged drinking water under the Officer's Choice, Officer's Choice Blue, and Sterling Reserve brands. 

www.finmoneydesk.com

Important Details

Open Date : 25-06-2024 Close Date : 27-06-2024 Allotment Date : 28-06-2024  Listing Date : 02-07-2024

www.finmoneydesk.com

Important Details

IPO Price : Rs. 267 - 281  Lot Size : 53 Shares  Total Issue Size : Rs. 1500 Cr  Fresh Issue : Rs. 1000 Cr  Offer For Sale : Rs. 500 Cr 

www.finmoneydesk.com

Objective

Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company and Furthermore, some of the proceeds from the issue will be utilized to fund General corporate purposes.

www.finmoneydesk.com

Strengths

1. Company has a strong brand recognition in Indian market.  2. The company offers a diversified and contemporary product portfolio.  3. In-house research and development team for product innovation and quality control.

www.finmoneydesk.com

Weakness

– A reduction in the sale of whisky can adversely affect business performance and financial conditions.  – Changes in customer preferences and failure to maintain the brand's popularity can impact future performance.  – An inability to increase the selling price can affect its profit margin.

Check Out More articles at

Check Out More articles at