Allied Blenders and Distillers Limited IPO
Allied Blenders and Distillers Limited IPO is listed on BSE and NSE, priced at ₹267–₹281 per share. The stock debuted at ₹320, delivering a listing gain of 13.9%. The IPO had a lot size of ₹53 shares and a minimum investment of ₹14,893.
Allied Blenders and Distillers Limited IPO
- IPO Dates
- Jun 25, 2024 – Jun 27, 2024
- Price band
- ₹267-281 per equity share
- Minimum Investment
- ₹14,893
- Issue size
- ₹1500 Cr
- Lot size
- 53
- Allotment Date
- Jun 28, 2024
- Listing
- Jul 2, 2024
- Listing At
- BSE, NSE
IPO timeline
-
Jun 25, 2024
Open Date
Completed
-
Jun 27, 2024
Close Date
Completed
-
Jun 28, 2024
Allotment Date
Completed
-
Jul 2, 2024
Listing Date
Completed
Price Summary
- Last closing
- 552.50 (96.62%)
- 52 week high
- 696.80
- 52 week low
- 374.75
- Last update
Allied Blenders and Distillers Limited IPO Essentials
Allied Blenders and Distillers Limited IPO Details
Allied Blenders and Distillers Limited IPO is priced at ₹267-281 per share with a total issue size of 1500 crore. The IPO has a lot size of 53 shares and is listed on BSE and NSE.
- Issue price
- ₹267-281 per equity share
- Lot size
- 53 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- Total ₹1,500 Cr :
#Fresh Issue : 35,587,189 shares(aggregating up to ₹1,000 Cr) +
#OFS : 17,793,594 shares of ₹2(aggregating up to ₹500 Cr) - Total issue size
- 5,33,80,783 shares
(aggregating up to ₹1500 crore) - Fresh issue
- 3,55,87,189 shares
(aggregating up to ₹1000 crore) - Offer for sale (OFS)
- 1,77,93,594 shares
(aggregating up to ₹500 crore) - Listing at
- BSE, NSE
- List price
- 320.0(NSE)
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
ICICI Securities Limited, Nuvama Wealth Management Limited, Iti Capital Ltd
Market Lot Size
Investors can bid for a minimum of 53 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 53 | ₹14,893 |
| Retail(max) | 13 | 689 | ₹1,93,609 |
Allied Blenders and Distillers Limited IPO Reservation
Allied Blenders and Distillers Limited IPO reservation details show category-wise allocation of shares. Out of the total 53,274,020 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, 0.22% for employees, and 30% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 15,982,206 (30%) | |
| QIB Shares Offered | 10,654,804 (20%) | |
| NII (HNI) Shares Offered | 7,991,103 (15%) | |
| bHNI > ₹10L | 5,327,402 (10%) | 7,179 |
| sHNI < ₹10L | 2,663,701 (5%) | 3,589 |
| Retail Shares Offered | 18,645,907 (35%) | 351,809 |
| Employee Shares Offered | 117,647 (0.22%) | |
| Total Shares Offered | 53,274,020 (100%) |
Allied Blenders and Distillers Limited IPO Analytics
Allied Blenders and Distillers Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Allied Blenders and Distillers Limited IPO Subscription Status
Allied Blenders and Distillers Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 10,654,804 |
7,991,103
5,327,402
2,663,701
|
18,645,907 | 37,291,814 |
|
Day 1
25-06-24 05:00 PM
|
0.02 x |
0.87x
0.82x
0.97x
|
0.63 x | 0.51 x |
|
Day 2
26-06-24 05:00 PM
|
0.14 x |
2.98x
2.79x
3.36x
|
1.65 x | 1.52 x |
|
Day 3
27-06-24 05:00 PM
|
50.37 x |
32.35x
37.78x
21.51x
|
4.42 x | 23.49 x |
Allied Blenders and Distillers Limited Valuations
Earnings
- EPS Pre IPO
- ₹0.07/-
- EPS Post IPO
- ₹0.20/-
- P/E Pre IPO
- 4284.57
- P/E Post IPO
- 1393.87
Returns
- ROE
- 1.03%
- ROCE
- 24.35%
- RoNW
- 1.03%
- PAT Margin
- 0.17
Fundamentals
- Debt / Equity
- 1.88
- Price / Book
- 16.77
Allied Blenders and Distillers Limited Financials( In Crs.)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,487.70 | 2,248.35 | 2,298.57 |
| Revenue | 7,116.75 | 7,208.17 | 6,397.81 |
| Profit After Tax | 1.60 | 1.48 | 2.51 |
| Net Worth | 406.10 | 404.10 | 381.78 |
| Reserves & Surplus | 357.28 | 356.99 | 327.85 |
| Total Borrowing | 780.82 | 846.91 | 954.74 |
Allied Blenders and Distillers Limited Company & Offer Insights
About Allied Blenders and Distillers Limited
Allied Blenders and Distillers is an Indian-made foreign liquor company. The company offers four main categories of Indian-made foreign liquor, including 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.
As of December 31, 2021, the company's products were exported to 22 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 2022, Allied Blenders relied on 30 bottling facilities, including those owned and operated by them, as well as contract bottling facilities, both exclusive and non-exclusive, for bottling its products.
Allied Blenders and Distillers Limited Promoter(s)
Kishore Rajaram Chhabria, Bina Kishore Chhabria, Resham Chhabria Jeetendra Hemdev, Bina Chhabria Enterprises Private Limited, BKC Enterprises Private Limited, Oriental Radios Private Limited, and Officer's Choice Spirits Private Limited are the company's promoters of Allied Blenders and Distillers Limited.
Allied Blenders and Distillers Limited IPO Issue Objectives
- •
- Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company.
- •
- General corporate purposes.
Allied Blenders and Distillers Limited IPO - Anchor Investors
Allied Blenders and Distillers mops up Rs 449 crore from anchor investors.
Nippon Life India, JM Financial Mutual Fund, LIC Mutual Fund, Jupiter India Fund, Troo Capital, BNP Paribas, and 360 One Special Opportunities Fund were among the leading investors in the anchor book.
Among others, Goldman Sachs, Integrated Core Strategies (Asia), Societe Generale, Authum Investment and Infrastructure, Winro Commercial, MAIQ Growth Scheme, and LC Radiance Fund VCC also invested in the company.
Allied Blenders and Distillers Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Allied Blenders and Distillers Limited | 0.07 | 0.07 | 16.64 | 4284.57 | 0.39 | 17.73 | Consolidated |
| United Spirits Ltd. | 16.01 | 16.01 | 82.48 | 73.16 | 18.76 | 14.2 | Consolidated |
| Radico Khaitan Ltd. | 16.48 | 16.48 | 165.13 | 95.87 | 9.98 | 9.57 | Consolidated |
| Globus Spirits Ltd. | 42.43 | 42.39 | 307.83 | 17.26 | 13.78 | 2.38 | Consolidated |
Notes:
- Diluted EPS refers to the Diluted EPS sourced from the annual report of the peers for the year ended March 31, 2023.
- P/E Ratio has been computed based on the closing market price of equity shares on May 30, 2024 at NSE, divided by the Diluted EPS provided under Note 1 above.
- Return on Net Worth is computed as net profit after tax (including profit attributable to non-controlling interest) divided by closing net worth. Net worth has been computed as sum of paid-up share capital and other equity, as of March 31, 2023.
- Net Asset Value is computed as the closing net worth as of March 31, 2023 divided by the closing outstanding number of equity shares as of September 30, 2023.
- Listed Peers are as identified by the management.
Allied Blenders and Distillers Limited IPO - Strengths and Risks
Allied Blenders and Distillers Limited IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Allied Blenders and Distillers Limited
+91 22 43001111
complianceofficer@abdindia.com
394-C Lamington Chambers, Lamington Road, Mumbai– 400 004
Registrar Contact Details
Link Intime India Private Ltd
+91-22-4918 6270
Frequently Asked Questions
Click any question to reveal the answer
Allied Blenders and Distillers Limited IPO is a book-built IPO worth ₹1500 crore. The price band is ₹267–₹281 per share. The IPO opens on Jun 25, 2024 and closes on Jun 27, 2024. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.
The price band of Allied Blenders and Distillers Limited IPO is ₹267 to ₹281 per share.
The lot size of Allied Blenders and Distillers Limited IPO is 53 shares.
The minimum investment for Allied Blenders and Distillers Limited IPO is approximately ₹14,893 based on the upper price band .
Allied Blenders and Distillers Limited IPO opens on Jun 25, 2024 and closes on Jun 27, 2024.
The allotment date of Allied Blenders and Distillers Limited IPO is Jun 28, 2024.
Allied Blenders and Distillers Limited IPO is expected to be listed on Jul 2, 2024, on BSE and NSE .
Allied Blenders and Distillers Limited IPO listed on Jul 2, 2024. It was issued at ₹320.0(NSE) and is currently around ₹552.50 as on 14-May-2026 3:30 PM, which is approximately 96.6% versus issue price. The 52-week high is ₹696.80.
Based on listing and post-listing performance, Allied Blenders and Distillers Limited IPO delivered around 96.6% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Allied Blenders and Distillers Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Allied Blenders and Distillers Limited IPO valuation snapshot: P/E 1393.87, EPS ₹0.20/-, P/B 16.77, RoNW 1.03%, and market cap N/A.
To apply for Allied Blenders and Distillers Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Allied Blenders and Distillers Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Allied Blenders and Distillers Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Allied Blenders and Distillers Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Allied Blenders and Distillers Limited IPO allotment status on IPO Ji for quick and easy access.