Allied Blenders and Distillers IPO GMP Today, Allied Blenders IPO Grey Market Premium Updates | Allied Blenders IPO, Latest target, Opening gain

Allied Blenders IPO began on 25 June 2024. It will close on 27 June 2024. The Total IPO Size is ₹1500.00 Crore Approx. The company set its IPO price is ₹267 to ₹281 per share Per Share. There are three basic categories in Allied Blenders IPO Subscription:- 1) Qualified Institutional Buyers.  2) Non-Institutional Investors.  3) Retail.
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.
As of December 31, 2021, the company’s products were exported to 22 international markets, including the Middle East, North and South America, Africa, Asia, and Europe.
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.
The company also have extensive bottling capabilities across India. As of December 2022, Allied Blenders relied on 30 bottling facilities, including those owned and operated by them, and contract bottling facilities, both exclusive and non-exclusive, for bottling its products.
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.

Allied Blenders and Distillers IPO Details:

Issuer Allied Blenders IPO
Issue Type Book Built Issue IPO
Issue Period Issue Opens: 25 June 2024
Issue Closes: 27 June 2024
Price Brand 267 to ₹281 per share
Issue Size ₹1500.00 Cr
Face Value ₹2 per share
Market Lot 53 Shares
Retail (Max) 193,609
QIB 50%
HNI 15%
Retail Individual Bidders 35%
Listing at NSE & BSE
✔️ Apply With ANGEL Free DEMAT Account
Total Shares 53,380,783 shares

Allied Blenders IPO GMP Rates day by day

Allied Blenders IPO Market Lot:

Application Lots Shares Amount
Retail (Min) 1 53 ₹14,893
Retail (Max) 13 689 ₹193,609
S-HNI (Min) 14 742 ₹208,502
S-HNI (Max) 67 3,551 ₹997,831
B-HNI (Min) 68 3,604 ₹1,012,724

Allied Blenders IPO Date, Allotment & Listing:

Allied Blenders IPO Opening Date: JUNE 25, 2024
Allied Blenders IPO Closing Date: JUNE 27, 2024
Basis of Allotment: JUNE 28, 2024
Initiation of Refunds: JULY 01, 2024
Credit to Demat Account: JULY 01, 2024
Listing Date: JULY 02, 2024

Allied Blenders and Distillers Limited Financial Information (Restated Consolidated)

Allied Blenders and Distillers Limited’s revenue decreased by -1.27% and profit after tax (PAT) rose by 8.47% between the financial year ending with March 31, 2023 and March 31, 2022.

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
Revenue 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

Key Performance Indicator

The market capitalization of Allied Blenders IPO is Rs 7859.59 Cr.

KPI as of December 31, 2023.

KPI Values
ROE 1.03%
ROCE 24.35%
Debt/Equity 1.88
RoNW 1.03%
P/BV 16.77
PAT Margin (%) 0.17
Pre IPO Post IPO
EPS (Rs) 0.07 0.2
P/E (x) 4284.57 1393.87

Objects of the Issue (Allied Blenders IPO Objectives)

The Company proposes to utilise the Net Proceeds towards funding the following objects:

  1. Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company and
  2. General corporate purposes.

Allied Blenders IPO ALLOTMENT STATUS

How to Apply for Allied Blenders IPO?

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How to Apply Allied Blenders IPO through Zerodha?

Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Allied Blenders”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.

How to Apply Allied Blenders IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Allied Blenders”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Frequently Asked Questions

What is Allied blenders IPO?

Allied Blenders IPO is a main-board initial public offering of 53,380,783 Equity shares of the face value of ₹2 aggregating up to ₹1500.00 Crores. The issue price of the IPO is ₹267 to ₹281 Per Equity Share. The minimum order quantity is 53 Shares per application and the offer type is Book Built Issue. The IPO opens on June 25, 2024 and closes on June 27, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

When Allied Blenders IPO will open?

The Allied Blenders IPO opens on June 25, 2024 and closes on June 27, 2024.

How to apply for Allied Blenders IPO?

You can apply in Allied Blenders IPO online using either UPI or ASBA as payment method. ICICI Securities Limited, Nuvama Wealth Management Limited and Iti Capital Ltd are the book running lead managers of the Allied Blenders IPO, while Link Intime India Private Ltd is the registrar for the issue.

When Allied Blenders IPO allotment?

The finalization of Basis of Allotment for Allied Blenders IPO will be done on June 28, 2024, and the allotted shares will be credited to your demat account by July 01, 2024. Check the Allied Blenders IPO allotment status.

When is Allied Blenders IPO listing date?

The Allied Blenders IPO listing date is not yet announced. The tentative date of Allied Blenders IPO listing is July 02, 2024.

What is the lot size of Allied Blenders IPO?

Allied Blenders IPO lot size is 53 Shares and the minimum order quantity is 1 Shares.+