Loading...
Guest User
Welcome! Please login.
| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹1500.00 Cr |
| Fresh Issue | ₹1000.09 Cr |
| Offer for Sale | ₹499.91 Cr |
| Face Value | ₹2 Per Equity Share |
| Price Band | ₹267.00-281.00 per share |
| Discount | Retail: 0.00,Employee: 26.00 |
| BSE Code | 544203 |
| NSE Code | ABDL |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | ICICI Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 53 shares and in multiples thereof
Incorporated in 2008, Allied Blenders and Distillers is an Indian-made foreign liquor company. The company offers four Indian-made foreign liquor categories: 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.
The Officer's Choice Whisky was introduced in 1988 as the company's foray into the mass premium whisky market. It is one of the most-selling whisky brands in the world in terms of annual sales volumes from 2016 to 2019.
As of December 31, 2023, the company's products were exported to 14 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 31, 2023, the company owned and operated nine bottling units and utilized the entire licensed capacity of five third-party bottling facilities.
As of March 31, 2023, the products were sold in 79,329 retail outlets across 30 states and union territories in India.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company; and | 720.00 |
| 2 | General corporate purposes | 221.47 |
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 2,741.39 | 2,487.70 | 2,248.35 | 2,298.57 |
| Total Income | 5,914.98 | 7,116.75 | 7,208.17 | 6,397.81 |
| Profit After Tax | 4.23 | 1.60 | 1.48 | 2.51 |
| NET Worth | 409.26 | 406.10 | 404.10 | 381.78 |
| Reserves and Surplus | 360.43 | 357.28 | 356.99 | 327.85 |
| Total Borrowing | 798.11 | 780.82 | 846.91 | 954.74 |
| Amount in ₹ Crore | ||||
| KPI | Dec 31, 2023 | Mar 31, 2023 |
|---|---|---|
| ROE | 1.03% | 0.39% |
| ROCE | 24.35% | 25.87% |
| Debt / Equity | 1.88% | 1.85% |
| RoNW | 1.03% | 0.39% |
| PAT Margin | 0.17% | 0.05% |
| EBITDA Margin | 7.27% | 6.23% |
| Price to Book Value | 16.77 | 16.77 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 0.07 | 0.20 |
| P/E (x) | 4284.57 | 1393.87 |
| Promoter Holding | 96.21% | 80.91% |
| Market Cap | ₹7859.59 Cr. | |
