Allied Blenders IPO
    December 6, 2023 admin 1 Reply Post Comment

    Allied Blenders IPO GMP, Details to watch, Guidance & Subscription Status @ Chanakyanipothi.com
    👉A legacy of 31 Years.
    India`s Oldest Investment & IPO website.
    👉Most Trusted by Investors across India.

    What is Allied Blenders IPO Grey Market Premium? #Allied Blenders IPO GMP
    For latest updates of GMP, click

    Allied Blenders IPO Company Details
    Allied Blenders is the largest Indian-owned Indian-made foreign liquor company and the third largest IMFL company in India, in terms of annual sales volumes between Fiscal 2014 and Fiscal 2021. It is
    one of the only four spirits companies in India with a pan-India sales and distribution footprint, and a and a leading exporter of IMFL, in terms of annual sales volumes between Fiscal 2019 to Fiscal 2021 with an estimated peak share of 20% in Fiscal 2021.
    Its flagship brand, Officer’s Choice Whisky was launched in 1988 with its entry into the mass premium whisky segment. Officer’s Choice Whisky has been among the top selling whisky brands globally in terms of annual sales volumes between calendar year 2016 and 2019. Over the years, it has expanded and introduced products across various categories and segments. As of March 31, 2022, its product portfolio comprised 10 major brands of IMFL across whisky, brandy, rum and vodka. Certain of its 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.

    Its product range includes four main categories of IMFL, i.e., whisky, brandy, rum and vodka. We also sell packaged drinking water under our Officer’s Choice, Officer’s Choice Blue and Sterling Reserve brands.

    The Company has over the years established market leadership in the alcoholic beverages market in India with a market share of 8.2% in IMFL market by sales volumes in Fiscal 2021 , with sales across 30 States and Union Territories, as of December 31, 2021. Over the years, it has developed an extensive pan-India sales footprint and as of December 31, 2021 it has 12 regional sales support offices, and pan-India route-tomarket capabilities covering all channels and alcohol permitted States and Union Territories. As of March 31, 2021, its products were retailed across 64,001 outlets in India In addition, as of December 31, 2021, it exported its products to 22 international markets, including countries in the Middle East, North and South America, Africa, Asia and Europe.
    Some of the qualitative factors and our strengths
    • Among the largest IMFL company in India with a diversified and contemporary product portfolio;
    • Strong brand recognition;
    • Strategically located, large scale and advanced manufacturing facilities with a sophisticated research and development centre;
    • Access to extensive pan-India distribution network with ability to scale; and
    • Well-positioned to capture tailwinds in the Indian IMFL industry.
    For more information, click www.abdindia.com

    The Promoters of Allied Blenders IPO
    Allied Blenders IPO promoterKishore Rajaram Chhabria, Bina Kishore Chhabria, Resham Chhabria, Jeetendra Hemdev,Bina Chhabria Enterprises Pvt ltd,BKC Enterprises Pvt ltd , Oriental Radios Pvt. ltd & Officer’s Choice Spirits Pvt Ltd

    Allied Blenders IPO Main Objects
    Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company;.

    Allied Blenders IPO Details
    IPO opens on (?) , 2022
    IPO closes on (?) ,2022
    Issue Type: Book Built Issue IPO
    Issue : up to (?)Shares /Rs 2000 Crore
    * Fresh Issue of (?) Sh/ 1000 Cr
    * Offer for Sale Up to (?) Sh/ Rs. 1000 Cr

    Face Value per share : Rs. 2
    Allied Blenders IPO Price Band Per Equity Share: Rs. (?)
    Allied Blenders IPO Retail Lot Size (?) Shares
    Allied Blenders IPO Listing will at BSE,NSE

    Shares offered to
    QIB (?%) (?) Shares = Rs (?) Cr
    NII (?%) Shares = Rs (?) Crs
    RII (?%) Shares = Rs (?) Crs
    Lot size: (?) Shares = (?) Forms
    Min Retail Application : (?) Sh , Rs. (?)
    Max Retail Application : (?) Sh, Rs (?)

    Allied Blenders IPO Tentative timeTable
    Macleods Pharmaceuticals IPO Allotment on ? 2022
    Unblocking of ASBA ? 2022
    Credit to Demat Accounts ? 2022
    Listing on ? 2022

    Allied Blenders IPO Analysis :  Financial & Analytical Ratios
    Earnings per Share 2019-20 Rs 0.54
    Earnings per Share 2020-21,Rs 0.11
    Earnings per Share 2021-22 9M Rs 0.14
    Return on Net Worth: 19-20 3.37 %
    Return on Net Worth: 20-21: 0.66%
    Return on Net Worth: 21-22 9M : 0.81 %
    Equity Shares prior to & after the IPO : 244,113,665 Shares
    Book Value of the Share as on 31.12.2021 Rs 16.64
    NAV per Equity Share after the Offer ?

    Ratio Analysis
    Upper Price Band/last EPS:
    Upper offer price/Book Value Ratio
    Upper offer price/BV after IPO Ratio:

    Allied Blenders IPO Peer Comparison:
    United Spirits @ PE Multiple of 66.06
    Radico Khaitan @ PE Multiple of 41.27
    Globus Spirits @ PE Multiple of 14.90

    Allied Blenders IPO Lead Managers 
    ICICI Securities,Axis Capital,J M Financial ,Kotak Mahindra Capital Company, Equirus Capital,
    Registrar to Allied Blenders IPO
    Linkintime India Pvt Ltd.

    Registered Office of Allied Blenders
    394-C Lamington Chambers, Lamington Road, Mumbai – 400004, Maharashtra, India
    Company Secretary & Compliance Officer : Ritesh Ramniklal Shah

    Allied Blenders IPO Guidance: Will update soon

    #This is only coverage of News related to Grey Market . We donot deal in Grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

    Useful links
    >Go to Mainboard IPOs Section:
    Click
    >>Go to SME IPOs Section:
    Click
    >>Get Good Staff or Job, Click:
    Staffavailable.com
    >>Interested in Used Automobiles or vintage cars? Click:
    BigGaddi.com
    >>Get solid Guidance on Mutual fund Investments, Click:
    ChanakyaMFGuidance.com
    >>Study Stock Research Reports, Click:
    AnalysisLibrary.com
    >>Interested in Crossword Puzzles? Click:
    Magajmari.com

    Allied Blenders IPO GMP

    Allied Blenders IPO GMP today Details to watch Guidance

    One thought on “Allied Blenders IPO

    1. Monika

      I really enjoyed reading your blog post.Your writing style is engaging and your ideas are well thought out.Keep up the good work!

      Reply

    Leave a Reply

    Your email address will not be published. Required fields are marked *