Allied Blenders IPO GMP, Price, Date, Allotment

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Last updated on June 20, 2024

Allied Blenders IPO GMP

Allied Blenders IPO Description: Allied Blenders and Distillers is the largest Indian-made foreign liquor (IMFL) company. The company product range includes four main categories of Indian-made foreign liquor, i.e., whisky, brandy, rum, and vodka. It also sells packaged drinking water under its Officer’s Choice, Blue, and Sterling Reserve brands.

As of 31 December 2023, the company had a pan-India sales footprint, including 12 regional sales support offices and nearly 79,329 outlets. The company also exported its products to 14 international markets, including countries in the Middle East, North America, Africa, Asia, and Europe.

Allied Blenders and Distillers owns and operates a distillery in Rangapur, Telangana spread over 74.95 acres with 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 the manufacture of the products, is 6 crore liters per year. It also has extensive bottling capabilities across India. As of 31 December 2023, the company relied on 18 bottling facilities, including bottling facilities owned and operated by them and contract bottling facilities both on an exclusive and non-exclusive basis, for bottling the products.

Allied Blenders and Distillers

Promoters of Allied Blenders – Kishore Rajaram Chhabria, Bina Kishore Chhabria, Resham Chhabria Jeetendra Hemdev, Bina Chhabria Enterprises Private Limited, BKC Enterprises Private Limited, Oriental Radios Private Limited, and Officer’s Choice Spirits Private Limited



Allied Blenders IPO Details

Allied Blenders IPO Dates25 – 27 June 2024
Allied Blenders IPO Price INR 267 – 281 per share
Employee DiscountINR 26 per share
Fresh issueINR 1,000 crore
Offer For SaleINR 500 crore
Total IPO sizeINR 1,500 crore
Minimum bid (lot size)53 shares (INR 14,893)
Face Value INR 2 per share
Retail Allocation35%
Listing OnNSE, BSE

Allied Blenders Financial Performance

 FY 2021FY 2022FY 20239M FY 2024
Revenue6,378.787,196.927,105.685,911.14
Expenses6,184.827,000.616,920.695,728.78
Net income2.511.481.604.23
Margin (%)0.040.020.020.07
Figures in INR Crores unless specified otherwise

Allied Blenders Offer News


Allied Blenders Valuations & Margins

FY 2021FY 2022FY 2023FY 2024 (Post-Issue)*
EPS0.100.060.070.20
PE Ratio4,073.42 – 4,287.011,324.11 – 1,393.54
* Calculated on the basis of annualized Profits After Tax for FY 2024
FY 2021FY 2022FY 2023
RONW (%)0.660.370.39
NAV15.6416.5516.64
ROCE (%)26.4525.1325.87
EBITDA (%)9.07 7.736.23
Debt/Equity2.392.051.85
*Compiled by IPO Central from Prospectus

Allied Blenders IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
Coming soon

Allied Blenders IPO Objectives

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the company – INR 720 crore
  • General corporate purposes

Allied Blenders – Comparison With Listed Peers

CompanyPE ratioEPSRONW (%)NAVRevenue (Cr.)
Allied Blenders and Distillers4,287.010.070.3916.647,116.75
United Spirits73.1616.0118.7682.4827,888.50
Radico Khaitan95.8716.489.98165.1312,753.32
Globus Spirits17.2642.3913.78307.832,830.30

Allied Blenders IPO Subscription – Live Updates

Coming soon


Allied Blenders IPO Reviews – Subscribe or Avoid?

Angel One –
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Ashika Research –
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ICICIdirect –
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Motilal Oswal –
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Reliance Securities –
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SBICAP Securities –
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Allied Blenders IPO Allotment Status

Allied Blenders IPO allotment will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.


Allied Blenders IPO Dates & Listing Performance

Allied Blenders IPO Opening Date25 June 2024
Allied Blenders IPO Closing Date27 June 2024
Finalisation of Basis of Allotment28 June 2024
Initiation of refunds1 July 2024
Transfer of shares to demat accounts1 July 2024
Allied Blenders IPO Listing Date2 July 2024
Opening Price on NSEComing soon
Closing Price on NSEComing soon

Allied Blenders and Distillers IPO Lead Manager

ICICI SECURITIES LIMITED
ICICI Venture House, Appasaheb Marathe Marg
Prabhadevi, Mumbai 400 025, Maharashtra
Phone: +91 22 6807 7100
Email[email protected]
Website: www.icicisecurities.com


Allied Blenders Offer Registrar

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai 400 083, Maharashtra, India
Tel: +91 22 4918 6200
Email: 
[email protected]
Website: 
www.linkintime.co.in


Allied Blenders Contact Details

ALLIED BLENDERS AND DISTILLERS LIMITED
Ashford Center, 3rd and 4th floor, Shankar
Rao Naram Marg, Lower Parel (West),
Mumbai- 400 013, Maharashtra
Phone: +91 22 43001111
Email: [email protected]
Website: www.abdindia.com


Allied Blenders and Distillers IPO FAQs

How many shares in Allied Blenders IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply in Allied Blenders and Distillers Public Offer?

The best way to apply in Allied Blenders and Distillers public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Allied Blenders IPO GMP today?

Allied Blenders IPO GMP today is INR NA per share.

What is Allied Blenders kostak rate today?

Allied Blenders kostak rate today is NA per application.

What is Allied Blenders Subject to Sauda rate today?

Allied Blenders Subject to Sauda rate today is NA per application.

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