Allied Blenders IPO

The Allied Blenders IPO is generating significant interest among investors. Set to hit the market on June 24, 2024, and closing on June 26, 2024, this IPO aims to raise Rs. 1500 crores. With a mix of fresh issues worth Rs. 1000 crores and an offer for sale up to Rs. 500 crores, the Allied Blenders IPO is set to attract retail and institutional investors.

Allied Blenders IPO Details

The Allied Blenders IPO Details are crucial for potential investors. Here is a comprehensive look:

Detail Information
IPO Open June 25, 2024
IPO Close June 27, 2024
IPO Size Rs. 1500 Crores
Fresh Issue Rs. 1000 Crores
Offer for Sale Rs. 500 Crores
Face Value ₹2 Per Equity Share
IPO Price Band ₹267 to ₹281 Per Share
IPO Listing on BSE & NSE
Retail Quota Not less than 35%
QIB Quota Not more than 50%
NII Quota Not less than 15%

Checkout the List of Upcoming IPO.

About the Allied Blenders

Allied Blenders and Distillers Limited is the largest Indian-owned, Indian-made foreign liquor (IMFL) company and the third-largest IMFL company in India, based on annual sales volumes between Fiscal 2014 and Fiscal 2022. The company has a significant presence in the Indian whisky market, with an estimated market share of 11.8% for Fiscal 2023.

Their flagship brand, Officer’s Choice Whisky, launched in 1988, has been one of the top-selling whisky brands globally in terms of annual sales volumes between 2016 and 2019. Allied Blenders has a diverse product portfolio with 17 major brands across whisky, brandy, rum, and vodka. Notable brands include Officer’s Choice Whisky, Sterling Reserve, Officer’s Choice Blue, and ICONiQ Whisky, considered 'Millionaire Brands' for selling over a million 9-litre cases in one year.

The company's business model is robust, with a pan-India sales and distribution footprint, making it a leading exporter of IMFL. Their product offerings cater to various segments, ensuring a wide customer base and market reach.

Allied Blenders Financial Highlights

Understanding the financial health of Allied Blenders and Distillers is crucial for investors. Here are the key financial highlights:

Year Revenue (Crores) Expense (Crores) PAT (Crores)
2021 Rs. 6398 Crores Rs. 6185 Crores Rs. 2.51 Crores
2022 Rs. 7208 Crores Rs. 7001 Crores Rs. 1.48 Crores
2023 Rs. 7117 Crores Rs. 6921 Crores Rs. 1.60 Crores
Dec 2023 Rs. 5915 Crores Rs. 5729 Crores Rs. 4.23 Crores

Allied Blenders and Distillers have shown a consistent revenue stream with a significant increase in profit after tax (PAT) in December 2023, indicating a positive financial trajectory.

Allied Blenders Strengths & Weaknesses

Assessing the strengths and weaknesses of Allied Blenders and Distillers provides a clearer picture of the company's potential.

Strengths Weaknesses
Largest Indian-owned IMFL company Dependent on a few key brands for major sales
Strong pan-India distribution network Fluctuations in raw material prices
Diverse product portfolio Regulatory challenges in different states
High brand recognition Limited geographical presence outside India
Consistent revenue growth Vulnerability to economic downturns affecting discretionary spending

How to apply in IPO via UPI on Dynami

A simple and smartest way to Apply in IPO online via Religare Dynami Mobile App

How to apply for Allied Blenders IPO ?

Retail investors need to apply for the IPO using UPI


  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for Allied Blenders IPO and approve the payment on your UPI ID.

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