Allied Blenders and Distillers Limited IPO

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Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

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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. 

Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

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Important Details

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

Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

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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 

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Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

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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.

Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

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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.

Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

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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.

Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

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Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.