Allied Blenders IPO Analysis @ Chanakyanipothi.com , India`s Oldest & most Trusted Investment Blog.Operational since 8th December 1999, We are the Only Investment Platform in India, which has successfully completed 22 Years
Allied Blenders IPO Grey Market News Today #
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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
Kishore 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 ?
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
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Allied Blenders IPO Analysis & Guidance @ Click