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ALLIED BLENDERS AND DISTILLERS IPO

14,893
Minimum Investment

Price Range (₹)

Rs. 267 –Rs. 281

Issue Size (₹ in Cr.)

Up to 1500 Cr

Minimum Quantity

53 Shares

Bidding Period

Jun 25 – Jun 27, 2024

Allied Blenders and Distillers IPO Issue timeline

Subscription Status

Shareholder
Retail Individual Investor
Non-Institutional Investor
Qualified Institutional Buyers
Employee
Overall

- The largest Indian-owned Indian-made foreign liquor (“IMFL”) company and the third largest IMFL company
in India, in terms of annual sales volumes between Fiscal 2014 and Fiscal 2021. (Source: Technopak Report)
- Product portfolio comprises 10 major brands of IMFL across whisky, brandy, rum and vodka. Certain of brands, such as, Officer’s Choice Whisky, Sterling Reserve and Officer’s Choice Blue, are ‘Millionaire Brands’ or brands that have sold over a million 9-litre cases in one year. (Source: Technopak Report).

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Strengths

Among the largest IMFL companies in India with a diversified and contemporary product portfolio
The largest Indian owned IMFL company and the third largest IMFL company in India, in terms of annual sales volumes between Fiscal 2014 and Fiscal 2021.Three of its brands, namely, Officer’s Choice Whisky, Sterling Reserve Whisky and Officer’s Choice Blue Whisky, are ‘Millionaire Brands’. (Source: Company DRHP)

Strong brand recognition
Over the years, the company has developed a well-recognized product portfolio, and transformed from a single brand company to multi-product and multi-brand company with presence across various categories and segments of the IMFL industry in India.(Source: Company DRHP)

Access to extensive pan-India distribution network with ability to scale
The company has access to a pan-India multi-channel distribution network and are one of only four spirits companies in India with a pan-India sales and distribution footprint. (Source: Company DRHP)

 

Risks

Any reduction in sales of whisky products could have a material adverse effect on business
Revenue and profitability of the company remain substantially dependent on the sales of whisky products.The ability to further grow business will depend on various factors.Accordingly, any factor adversely affecting the sale of whisky or other products, individually or collectively,
would have a material adverse effect on business.(Source: Company DRHP)

An inability to maintain or enhance the popularity of brands in particular Officer’s Choice brand may adversely impact business
Inability to market products and undertake business promotional initiatives to distinguish and strengthen brands may adversely impact the value and perception of  brands and consumer goodwill and consequently business prospects and financial performance.(Source: Company DRHP)

 

Financials

  • Net Worth
  • Total Income
  • Total Borrowings
  • Profit/Loss after tax
  • Basic Earning per Share (EPS)

Industry Trends

- India is the largest whisky market in the world leveraging its large and growing drinking population : India is the largest whisky market in the world with almost one out of every second bottle of whisky sold in India. A large population base with positive demographic trends including young population, growing income and increasing urbanisation is driving growth of Indian whisky market.(Source:Company DRHP)

- UAE imports approximately 43% of the total whisky exported by India :  In 2020, India exported approximately 6.12 million cases of whisky to other countries in the world. United Arab Emirates (UAE) was the largest importer of IMFL whisky importing 23.7 million litres (2.6 million cases) in 2020 accounting for 43% of the total share. (Source: Company DRHP)

Follow 3 simple steps TO APPLY IPO

  • Directly from Bank A/c

    For ICICI Bank linked A/c

  • Using UPI

    For non ICICI Bank A/c

  • lock-in of 3 years
    Select IPO

    Go to the IPO section, select the IPO you want to apply from the list and click on ‘Apply’.

  • lock-in of 3 years
    Fill in the required details

    Fill in the quantity of the number of shares you want to buy. To apply at maximum price, check the cut-off price box and amount is auto calculated. If you want to apply at some other price within the price band, then you can enter the price manually by clicking on “Add bid” option.

  • lock-in of 3 years
    Confirm your request

    Click on proceed to confirm the order. You can view the placed order under “order book”.

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  • lock-in of 3 years
    Select IPO

    Choose the IPO you want to apply from the list. Click on Apply.

  • lock-in of 3 years
    Fill in the required details

    Fill in the quantity of shares. To apply at maximum price, check the cut-off price box and amount is auto calculated. If you want to apply at some other price within the price band, then you can enter the price manually by clicking on “Add bid” option.

  • lock-in of 3 years
    Confirm your request

    Check the A/C, UPI details and click on proceed. You will get an UPI link by which payment can be made.

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Allied Blenders and Distillers IPO FAQs

The lot size is 53 shares and minimum investment required is Rs.14,893 for Allied Blenders and Distillers IPO

Allied Blenders and Distillers IPO is mainboard IPO of issue size up to Rs.1500 Crores as per RHP

Allied Blenders and Distillers IPO issue opens from 25th June and closes on 27th June,2024.

The allotment date is 29th June and listing date is 02nd July for Allied Blenders and Distillers IPO.

The price band of Allied Blenders and Distillers IPO is between Rs.267 - Rs.281.

The book runners for the Allied Blenders and Distillers IPO are ICICI Securities Ltd, Axis Capital Ltd, JM Financial Ltd, Kotak Mahindra Capital Company Ltd, Equirus Capital Private Ltd.

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Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.