Allied Blenders and Distillers Limited IPO Details | Jayesh Khatri

Knowledge Jazz

23 Jun 202404:49

Summary

TLDRIn this video, the host discusses the upcoming IPO of Allied Blenders & Distillers Limited, opening between June 25th and 27th. The company, a leading player in the Indian spirits market with a 11.8% market share, is known for its famous brands like Officer's Choice. With a fresh issue of ₹2500 crores and an OFS of ₹300 crores, the IPO promises an interesting investment opportunity. The video provides details on the company's background, its famous brands, and the IPO's financial aspects, including the promoter's holding before and after the IPO, which remains strong at 8.91% post-IPO.

Takeaways

📅 Allied Blenders and Distillers IPO will be open from June 25 to June 27.
🏢 The company, Allied Blenders and Distillers Limited, manufactures Indian Made Foreign Liquor (IMFL).
🍹 Notable brands include Officer's Choice, Officer's Choice Blue, and Sterling Reserve.
📈 Allied Blenders holds an 11.8% market share in India's whisky market.
🌍 The company's products are sold in 22 international markets including the USA, Africa, Asia, and Europe.
🏭 The company has one distillery in Rangpur, Telangana, and two bottling facilities.
💵 The IPO aims to raise funds, primarily to pay off debt and for general corporate purposes.
📊 Promoter holding before the IPO is 96.2% and will be 80.1% after the IPO.
📅 IPO allotment date is June 28 and listing date is July 2.
💡 The company is in a consistently high-demand sector with a strong brand presence.

Q & A

What is the name of the company that is going to have an IPO?
-The company's name is Alcid Blenders and Distillers Limited.
What sector does Alcid Blenders and Distillers Limited operate in?
-Alcid Blenders and Distillers Limited operates in the alcoholic beverage manufacturing sector, producing whiskey, brandy, rum, and other alcoholic drinks.
What is the date range for the Alcid Blenders and Distillers Limited IPO?
-The IPO is open from 25th June to 27th June.
What is the face value of the IPO for Alcid Blenders and Distillers Limited?
-The face value of the IPO is ₹2500 crores (25 billion Indian Rupees).
What is the market share of Alcid Blenders and Distillers Limited in India's whiskey market?
-Alcid Blenders and Distillers Limited has an 11.8% market share in India's whiskey market.
What is the global status of Alcid Blenders and Distillers Limited's whiskey brand, Officer's Choice?
-Officer's Choice is a globally recognized brand and is a top-selling whiskey brand worldwide.
In how many international markets is Alcid Blenders and Distillers Limited's products sold?
-Alcid Blenders and Distillers Limited's products are sold in 22 international markets.
What is the location of Alcid Blenders and Distillers Limited's distillery?
-The distillery is located in Rangpur, Telangana.
How many bottling facilities does Alcid Blenders and Distillers Limited have?
-Alcid Blenders and Distillers Limited has 32 bottling facilities.
When will the allocation of the IPO shares be known?
-The allocation of the IPO shares will be known on 28th June.
When is the expected listing of the Alcid Blenders and Distillers Limited IPO shares on the stock market?
-The expected listing of the shares is on 2nd July.