Allied Blenders & Distillers Ltd
Price Range
₹267 - ₹281
Min. Quantity
53
Closes on
27 June 2024
Min. investment
₹14,893/689 Shares
Allied Blenders & Distillers Ltd IPO Timeline
Allied Blenders and Distillers Limited was originally incorporated as You and Me Properties Private Limited', dated October 8, 2008 and thereafter, was changed to Moonlight Blenders and Distillers Private Limited', vide a fresh Certificate of Incorporation on July 22, 2009 by the RoC. Pursuant to a Scheme of Amalgamation between Allied Blenders and Distillers Private Limited, Own Properties Private Limited and the Company, dated April 1, 2009, and an Order of the Bombay High Court dated February 5, 2010, the entire business undertakings of Allied Blenders and Distillers Private Limited and Own Properties Private Limited were transferred to Company and consequently, name of the Company was changed to Allied Blenders and Distillers Private Limited', dated April 30, 2010 issued by the RoC. Subsequently, Company converted to a Public Company and its name was changed to Allied Blenders and Distillers Limited', vide a fresh Certificate of Incorporation by the RoC on June 8, 2022.
| Event | Date |
|---|---|
| Allied Blenders & Distillers Ltd IPO Opening Date | 25 June 2024 |
| Allied Blenders & Distillers Ltd IPO Closing Date | 27 June 2024 |
| Basis of Allotment | 28 June 2024 |
| Initiation of Refunds | 1 July 2024 |
| Credit of Shares to Demat | 1 July 2024 |
| Allied Blenders & Distillers Ltd IPO Listing Date | 2 July 2024 |
Allied Blenders & Distillers Ltd IPO Details
| Allied Blenders & Distillers Ltd IPO Date | 25 June 2024 to 27 June 2024 |
| Allied Blenders & Distillers Ltd IPO Face Value | ₹2 per share |
| Allied Blenders & Distillers Ltd IPO Price | ₹267 to ₹281 per share |
| Allied Blenders & Distillers Ltd IPO Lot Size | 53 |
| Issue Size | Shares of ₹2 (aggregating up to ₹1,500 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹1000 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹500 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 1,12,13,481 of the Net Offer |
| Retail Shares Offered | Not less than 1,96,23,595 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 84,10,112 of the Net Offer |
| Company Promoters | Kishore Rajaram Chhabria, Bina Kishore Chhabria, Reshma Chhabria Jeetendra Hemd |
Allied Blenders & Distillers Ltd IPO Lot Size
The Allied Blenders & Distillers Ltd IPO lot size is 53 shares. A retail-individual investor can apply for up to 13 lots (689 shares or ₹1,93,609).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 53 | ₹14,893 |
| Maximum | 13 | 689 | ₹1,93,609 |
- Strengths
- Risks
- Opportunities
- Among the largest IMFL companies in India with a diversified and contemporary product portfolio.
- Strong brand recognition.
- Strategically located, large scale and advanced manufacturing facilities with a sophisticated research and development centre.
- Access to extensive pan-India distribution network with ability to scaleAccess to extensive pan-India distribution network with ability to scale.
- Well-positioned to capture tailwinds in the Indian IMFL industry.
- Experienced Board and senior management team and supported by a committed employee baseExperienced Board and senior management team and supported by a committed employee base.
Company Financials
Allied Blenders & Distillers Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 2,655.95 | 3,335.15 | 6.72 |
| 03-2023 | 2,496.79 | 3,158.72 | 4.94 |
| 03-2022 | 2,246.55 | 2,697.88 | 5.93 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the company
- General corporate purposes
Allied Blenders & Distillers Ltd IPO Promoter Holding
| Pre Issue Share Holding | - |
| Post Issue Share Holding | - |
Allied Blenders & Distillers Ltd IPO Subscription Status (Bidding Detail)
The Allied Blenders & Distillers Ltd IPO is subscribed 23.55 times on 27 June 2024 05:00:00 PM. The public issue subscribed 4.51 times in the retail category, 50.37 times in the QIB category, and 32.4 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 50.37 | 32.4 | 4.51 | 9.89 | 23.55 |
Allied Blenders & Distillers Ltd IPO Prospectus
Allied Blenders & Distillers Ltd IPO Listing Date
| Listing Date | 2 July 2024 |
| BSE Script | 544203 |
| NSE Symbol | ABDL |
| Listing In | BSE, NSE |
| ISIN | INE552Z01027 |
| IPO Price | ₹281 |
| Face Value | ₹2 |
Company Contact Information
394-C Lamington ChambersLamnington Road,Mumbai-400004
Phone: 91-22-6777 9777
Email: complianceofficer@abdindia.com
Website: www.abdindia.com
Allied Blenders & Distillers Ltd IPO Registrar
Allied Blenders & Distillers Ltd IPO Lead Manager(s)
- ICICI Securities Ltd
- Nuvama Wealth Management Ltd
- ITI Capital Ltd
FAQ
What is the issue size of Allied Blenders & Distillers Ltd IPO?
I have pre-applied for Allied Blenders & Distillers Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.