Allied Blenders And Distillers Ltd. IPO

The company is the largest Indian-owned Indian-made foreign liquor (“IMFL”) company and the third largest IMFL company in India, in terms of annual sales volumes between Fiscal 2014 and Fiscal 2021.

RHP
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DRHP
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Open Date

2024-06-25

Close Date

2024-06-27

Company Financials

You can get the following financial statements of Allied Blenders And Distillers Ltd. as of now.

Subscription Details

The details about the Allied Blenders and Distillers Limited IPO is as:

  • The issue size of the Allied Blenders and Distillers Limited IPO is 1500 Cr.
  • The price band for Allied Blenders and Distillers Limited IPO is Rs 267 to Rs 281.
  • The shares of Allied Blenders and Distillers Limited IPO will list on 3rd July 2024.
  • The latest tentative GMP of Allied Blenders and Distillers Limited IPO is Rs 40.
  • The shares of Allied Blenders and Distillers Limited IPO is subscribed 24.80 Times as of 27th June 2024. 

 

Allied Blenders and Distillers IPO Valuation

The approx valuation of Allied Blenders and Distillers Limited IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 281
Existing Shares (Qty) 24.41 Cr
Fresh Issue  1000 Cr
Market Cap 7859.21 Cr
EPS (FY23) Rs 0.07
PE Ratio 4014.28x
Industry PE 62.10x

 

Allied Blenders and Distillers IPO Issue Size

Allied Blenders and Distillers Limited IPO issue size is 1500 Cr.

Issue Amount
Fresh Issue 1000 Cr
Offer For Sale 500 Cr

 

Allied Blenders and Distillers IPO Market Lot

An Individual can apply for a minimum 1 lot of 53 shares and a maximum of 13 lots of 689 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 53 Rs 14,893
 Maximum 13 689 Rs 1,93,609

 

Allied Blenders and Distillers IPO Offer

The shares of Allied Blenders and Distillers Limited IPO is subscribed 24.80 Times as of 27th June 2024. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 53.01 Times
Non-Institutional Minimum 15% 34.05 Times
Retail Individual Minimum 35% 4.65 Times
Employee 1,17,647 Shares 10.19 Times
Total   24.80 Times

 

Allotment Details

Find below the dates for Allied Blenders and Distillers Limited IPO:

Schedule Date
Basis of Allotment 28 June 2024
Refunds 1 July 2024
Credit to Demat Account 1 July 2024
IPO Listing Date 2 July 2024

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 2995.95 2348.37 2685.65 3146.63 3327.85
Total Expenditure 2761.8 2155.91 2490.05 2960.19 3098.94
Operating Profit 234.15 192.46 195.6 186.43 228.91
Other Income 17.49 23.68 15.23 12.42 21.95
Interest 180.24 142.13 145.35 135.2 173.21
Depreciation 68.86 58.23 57.19 54.39 55
Exceptional Items 0 0 0 0 -4.99
Profit Before Tax 2.54 15.77 8.3 9.27 17.67
Provision for Tax -12.37 10.07 2.37 4.34 10.96
Net Profit 14.91 5.71 5.93 4.94 6.72
Adjusted EPS (Rs.) 0.06 0.02 0.03 0.02 0.03

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 53.93 53.93 47.11 48.82 48.82
Total Reserves 332.95 338.32 371.91 375.54 381.25
Borrowings 248.11 201.43 182.74 138.66 191.26
Other N/C liabilities 55.58 67.61 67.29 72.21 79.51
Current liabilities 1752.89 1683.78 1629.41 1918.09 2018.51
Total Liabilities 2443.46 2345.06 2298.46 2553.32 2719.34
Assets
Net Block 620.78 634.92 593.92 561.94 540.45
Capital WIP 43.38 12.6 10.52 9.69 11.56
Intangible WIP 0 0 0 0 0
Investments 2.27 24.49 76.53 2.63 89.07
Loans & Advances 230.29 235.56 129.83 113.63 123.99
Other N/C Assets 8.17 15.22 10.1 129.11 38.67
Current Assets 1538.57 1422.28 1477.57 1736.31 1915.59
Total Assets 2443.46 2345.06 2298.46 2553.32 2719.34
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2024 Jun 2024
Other Income 2.68 1.99
Profit Before Tax 1.57 16.53
Tax 0.99 4.35
Profit After Tax 0.57 12.19
Adjusted EPS (Rs) 0.02 0.44

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 80.91 0
Jun 2024 80.91 0
Mar 2024 80.91 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 2.54 15.77 8.3 9.27 17.67
Adjustment 250.94 200.96 213.64 192.86 242.61
Changes in Assets & Liabilities 342.36 32.73 -31.25 31.99 -66.07
Tax Paid -3.5 -2.43 -5.53 -4.01 -8.16
Operating Cash Flow 592.33 247.04 185.16 230.11 186.05
Investing Cash Flow -42.99 -59.31 44.09 -26.94 -58.72
Financing Cash Flow -496.29 -216.52 -253.9 -194.56 -127.65
Net Cash Flow 53.05 -28.79 -24.64 8.61 -0.32
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