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ALLIED BLENDERS

Allied Blenders and Distillers is the leading Indian-made foreign liquor (IMFL) company in India. Their product portfolio spans four main categories: whisky, brandy, rum, and vodka. Additionally, the company sells packaged drinking water under the Officer’s Choice, Officer’s Choice Blue, and Sterling Reserve brands.

As of August 31, 2023, Allied Blenders and Distillers had a comprehensive sales network across India, encompassing 12 regional sales support offices and approximately 79,329 retail outlets. The company also exports its products to 14 international markets, including regions in the Middle East, North America, Africa, Asia, and Europe.

The company owns and operates a distillery in Rangapur, Telangana, covering 74.95 acres with a built-up area exceeding 25,000 square meters. The in-house distillation capacity for extra neutral alcohol (ENA), the primary material used in their product manufacturing, is 54.75 million liters per year. Allied Blenders and Distillers also boasts extensive bottling capabilities across India. As of August 31, 2023, the company utilized 18 bottling facilities, including both company-owned and operated facilities, as well as contract bottling facilities, on both exclusive and non-exclusive bases, for their product bottling needs.

Allied Blenders IPO Details

Signature Global IPO Details
Allied Blenders IPO Dates
25 – 27 June 2024
Allied Blenders IPO Price
INR 267 – 281 per share
Fresh issue
INR 1,000 crore
Offer For Sale
INR 500 crore
Total IPO Size
INR 1,500 crore
Minimum bid (size)
53 shares (INR 14,893)
Face Value
INR 2 per share
Retail Allocation
35%
Listing On
NSE, BSE

Allied Blenders Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

9M FY 2024

Revenue

6,378.78

7,196.92

7,105.68

5,911.14

Expenses

6,184.82

7,000.61

6,920.69

5,728.78

Net income

2.51

1.48

1.60

4.23

Margin (%)

0.04

0.02

0.02

0.07

Figures in INR Crore unless specified otherwise

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