Allied Blenders and Distillers (ABD) IPO – Raise ₹2000 Cr. (Check Details)


ABD IPO

Allied Blenders & Distillers filed official papers for an Initial Public Offer (IPO) on 28 June 2022. Allied Blenders & Distillers (ABD) is the largest Indian spirits company that owns many famous whiskey & Rum brands like – Officer’s Choice Black, Jolly Roger Rum, etc. As per the prospectus, the company sells products to 22+ countries. ABD has all over India distribution chains & 30 bottling units with third-party bottling facilities across India.

Here are the Key factors of Allied Blenders & Distillers (DRHP) Draft Red Herring Prospectus:

  • The company wants to raise Rs 2,000 Crore.
  • Offers a fresh issue of Rs 1,000 Cr. & offer for sale of Rs 1,000 Cr.
  • Shareholder’s offer: Bina Kishore Chhabria (Rs 500 Cr.), Resham Chhabria Jeetendra Hemdev (Rs 250 Cr.), and Neesha Kishore Chhabria (Rs 250 Cr.).
  • Axis Capital Limited, ICICI Securities Limited, JM Financial Limited, Kotak Mahindra Capital Company Limited, and Equirus Capital Private Limited were appointed as Book Running Lead Managers.

Allied Blenders & Distillers IPO Details

CompanyAllied Blenders & Distillers Pvt. Ltd.
FounderKishore Chhabria
SectorBeverage Industry
IPO Opening DateTo be announced soon
IPO Closing DateTo be announced soon
Issue SizeRs 2,000 Cr.
(Fresh Issue – Rs 1,000 Cr.)
(OFS – Rs 1,000 Cr.)
Employee Reservation
Face Value₹ 2 per share
Price BandTo be announced soon
Lot Size To be announced soon
ExchangeNSE, BSE
BRLMsAxis Capital Limited, ICICI Securities Limited, JM Financial Limited, Kotak Mahindra Capital Company Limited, and Equirus Capital Private Limited
IncorporationOct. 2008
Websitewww.abdindia.com

Allied Blenders & Distillers IPO Listing Timeline

Events  Date
IPO Opening Date
IPO Closing Date
Basis of Allotment
Initiation of Refunds
Credit Shares to Demat A/C
IPO Listing Date

IPO Subscription Category

Category Subscription (times)
Non-Institutional Investor
Qualified institutional buyer
Retail
Employee
Total

Strengths

  • ABD Is the largest Indian-owned Indian-made foreign liquor (IMFL) company in India with a diversified product portfolio.
  • All-India distribution network with the ability to expand.
  • The Company generates positive cash flow from its operation.
  • ABD is a leading exporter of IMFL, in terms of annual sales volumes The company exports its products to 22+ countries internationally, including countries in North and South America, Africa, Asia, and Europe.
  • The company has Strategically located, large-scale, and advanced manufacturing facilities with research & development centers.
  • ABD has comprehensive insurance to protect the company against various hazards.
  • The company continues to focus on improving operational efficiencies.

Risks

  • ABD depends only on whisky products, and a reduction in sales of these products could harm The business.
  • The company depends on West Bengal, Telangana, and Uttar Pradesh for the sale of products. These states cover more than 50% of total sales.
  • COVID-19 pandemic impact on business & operations, and financial condition.
  • The amount of Rs 111.46 Cr Tax proceedings against the company.
  • Restrictions on advertising alcoholic products in India may affect business indirectly.
  • The company’s operations are regulated by Central and State regulations. Any adverse changes in the regulation may affect business activities.

Allied Blenders & Distillers Financial Reports

YearsRevenueProfit
After
Tax
Adjusted
EBITDA
FY18-198,93415.20316
FY19-208,11912.80250
FY20-216,3782.51213
FY21-22
(for 9 months)
5,4453.30158
(Value in Crore)

YearsCash
Flow (Cr.)
EPSEBITDA
Margin
FY18-1918.940.6510.33%
FY19-2072.280.538.35%
FY20-21 43.490.109.07%
FY21-22
(for 9 months)
17.040.148.15%

YearsTotal
Assets
Liabilities
(Borrowings)
Share
Capital
FY18-19 2,6311,33547.11
FY19-20 2,4001,03247.11
FY20-21 2,29895447.11
FY21-22
(for 9 months)
2,46092647.11
(Value in Crore)

FAQs

Q. What is Allied Blenders & Distillers (ABD) IPO Listing Date?

Allied Blenders & Distillers IPO will be open from ___ to ___

Q. How to apply for officer’s Choice IPO through Zerodha?

How to Apply for IPO in Zerodha
1. First, open a Demat account with Zerodha
2. Get Username & Password and Login.
3. Now go to the Order section and click on IPOs
4. You can see the currently active IPOs.
5. Now click on the apply button as an individual investor.
6. Enter your UPI id, Bid quantity, and Price amount.
7. After all that click on the Submit to Apply for IPO.

Q. What is The Lot Size of Allied Blenders & Distillers (ABD) IPO?

Allied Blenders & Distillers (ABD) IPO lot size is _

Q. What is The Issue Size of Allied Blenders & Distillers (ABD) IPO?

Allied Blenders & Distillers (ABD) IPO Issue size is Rs 2000 Cr., in which Rs 1,000 Cr. is a fresh issue and Rs 1,000 Cr. is an offer for sale.

Q. What is the minimum investment required in Allied Blenders & Distillers (ABD) IPO?

The minimum investment is 12,500 to 15,000 amount as for 1 lot in Allied Blenders & Distillers IPO.

Q. Who is the owner of Allied Blenders and Distillers(ABD)?

“Kishore Chhabria” is the owner of Allied Blenders and Distillers(ABD).

Q. Allied Blenders and Distillers IPO opening Date?

Allied Blenders and Distillers IPO will be open From _ and close on _.


Prashant Vyas

IPO Expert

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