{"id":6568,"date":"2024-06-25T12:09:59","date_gmt":"2024-06-25T12:09:59","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=6568"},"modified":"2025-06-07T11:49:38","modified_gmt":"2025-06-07T11:49:38","slug":"allied-blenders-distillers-ltd-ipo","status":"publish","type":"ipo","link":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/allied-blenders-distillers-ltd-ipo\/","title":{"rendered":"Allied Blenders and Distillers IPO: IPO Key Details &amp; Financial Statements"},"content":{"rendered":"\n<p>On the weekends, you hang out and drink beer in a club with your buddies. Do you know you can invest in businesses that produce and sell alcohol? Indeed, a corporation is planning an initial public offering (IPO) to list on exchanges. The company is referred to as &#8220;Allied Blenders and Distillers.&#8221;<\/p>\n\n\n\n<p>In today\u2019s blog, we will introduce you to Allied Blenders and Distillers, a new company planning to go public.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/allied-blenders-distillers-ltd-ipo\/#Allied_Blenders_Company_Overview\" title=\"Allied Blenders Company Overview\">Allied Blenders Company Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/allied-blenders-distillers-ltd-ipo\/#Details_of_Allied_Blenders_IPO_Issue\" title=\"Details of Allied Blenders IPO Issue\">Details of Allied Blenders IPO Issue<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/allied-blenders-distillers-ltd-ipo\/#Allied_Blenders_IPO_Objectives\" title=\"Allied Blenders IPO Objectives\">Allied Blenders IPO Objectives<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/allied-blenders-distillers-ltd-ipo\/#Allied_Blenders_IPO_Reservation\" title=\"Allied Blenders IPO Reservation \">Allied Blenders IPO Reservation <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/allied-blenders-distillers-ltd-ipo\/#Allied_Blenders_Financial_Statements\" title=\"Allied Blenders Financial Statements\">Allied Blenders Financial Statements<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/allied-blenders-distillers-ltd-ipo\/#Allied_Blenders_Key_Performance_Indicators\" title=\"Allied Blenders Key Performance Indicators\">Allied Blenders Key Performance Indicators<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/allied-blenders-distillers-ltd-ipo\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/allied-blenders-distillers-ltd-ipo\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-allied-blenders-company-overview\"><span class=\"ez-toc-section\" id=\"Allied_Blenders_Company_Overview\"><\/span>Allied Blenders Company Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>One of the biggest companies in the alcoholic beverage sector is Allied Blenders and Distillers (ABD). Kishore Chhabria, formerly employed by Shaw Wallace, another Indian liquor producer, founded the business in 1988. The company initially aims to give Indians access to reasonably priced spirits. Launched in 1988, Officer&#8217;s Choice whiskey was the company&#8217;s initial product, and from 2016 to 2019, it was among the world&#8217;s best-selling whiskies in terms of yearly sales volume. As of December 2021, the company exported its goods to 22 nations, including North and South America, Africa, Asia, Europe, and the Middle East.<\/p>\n\n\n\n<p>The company owns a distillery that is 25,000 square feet in build-up size and spans 74.95 acres in the Telangana district of Rangpur. Thirty two bottling facilities are essential to the manufacturing industry; some are run by them directly, while others are contracted. The company&#8217;s headquarters are located in Mumbai.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-product-portfolio\">Product Portfolio<\/h3>\n\n\n\n<p>The company has a wide range of product portfolios, a description of which is mentioned below-<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Whiskey <\/strong>\u2013 It features names like Srishti Premium Whiskey, Officers Choice, and famous white whiskey, among others.<\/li>\n\n\n\n<li><strong>Brandy <\/strong>\u2013 The has a wide selection of brandy, including Sterling Reserve Premium Cellar Brandy and Kyron Premium Brandy.<\/li>\n\n\n\n<li><strong>Rum <\/strong>\u2013 Jolly Roger rum is the product offered by the company.<\/li>\n\n\n\n<li><strong>Vodka <\/strong>\u2013 It also offers various vodkas.<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-promotors\">Promotors<\/h3>\n\n\n\n<p>Kishore Rajaram Chhabria and Bina Kishore Chhabria are the company&#8217;s promoters, and they own roughly 52.2% of the company&#8217;s shares. Resham Chhabria and Jeetenda Hemdev are the company&#8217;s other two largest shareholders, owning about 24.05% of the business.<\/p>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/\">Apply in IPO Through ASBA- IPO Application Method<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-details-of-allied-blenders-ipo-issue\"><span class=\"ez-toc-section\" id=\"Details_of_Allied_Blenders_IPO_Issue\"><\/span>Details of Allied Blenders IPO Issue<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>An initial public offering (IPO) by Allied Blenders and Distillers Limited would comprise a 500 crore offer for sale and a new 1000 crore issuance. The minimum lot size determined by the company is 53 shares, and the price range of the issuance is INR 267 to 281.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-allied-blenders-ipo-key-details\">Allied Blenders IPO Key Details<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><tbody><tr><td><strong>Face Value of Share<\/strong><\/td><td>INR 2<\/td><\/tr><tr><td><strong>Price Band<\/strong><\/td><td>INR 267 to INR 281<\/td><\/tr><tr><td><strong>Employee Discount<\/strong><\/td><td>INR 26 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>53 Shares<\/td><\/tr><tr><td><strong>Total Fresh Issue Size<\/strong><\/td><td>1000 Crores.<\/td><\/tr><tr><td><strong>Total offer for sale<\/strong><\/td><td>500 Crores.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-allied-blenders-ipo-timeline\">Allied Blenders IPO Timeline<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><tbody><tr><td><strong>IPO Open Date<\/strong><\/td><td>25<sup>th<\/sup> June 2024<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>27<sup>th<\/sup> June 2024<\/td><\/tr><tr><td><strong>Basis of Allotment<\/strong><\/td><td>28<sup>th<\/sup> June 2024<\/td><\/tr><tr><td><strong>Initiation of Refund &amp; Credit of shares into Demat account<\/strong><\/td><td>1<sup>st<\/sup> July 2024<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>2<sup>nd<\/sup> July 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-allied-blenders-allotment-size\">Allied Blenders Allotment Size<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Applicant<\/th><th class=\"has-text-align-center\" data-align=\"center\">Market Lot<\/th><th class=\"has-text-align-center\" data-align=\"center\">Share<\/th><th class=\"has-text-align-center\" data-align=\"center\">Amount (INR)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Retail (Min)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">1<\/td><td class=\"has-text-align-center\" data-align=\"center\">53<\/td><td class=\"has-text-align-center\" data-align=\"center\">INR 14,893<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Retail (Max)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">13<\/td><td class=\"has-text-align-center\" data-align=\"center\">689<\/td><td class=\"has-text-align-center\" data-align=\"center\">INR 193,609<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>High Net Worth Individual (Min)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">14<\/td><td class=\"has-text-align-center\" data-align=\"center\">742<\/td><td class=\"has-text-align-center\" data-align=\"center\">INR 208,502<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>High Net Worth Individual (Max)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">67<\/td><td class=\"has-text-align-center\" data-align=\"center\">3,551<\/td><td class=\"has-text-align-center\" data-align=\"center\">INR 997,831<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Read Also:<\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/mukka-protein-ipo-business-model-key-details-financial-statements-and-swot-analysis\/\"> Mukka Protein IPO: Business Model, Key Details, Financial Statements, and SWOT Analysis<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-allied-blenders-ipo-objectives\"><span class=\"ez-toc-section\" id=\"Allied_Blenders_IPO_Objectives\"><\/span>Allied Blenders IPO Objectives<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The issue&#8217;s proceeds will be used for both general corporate operations and the repayment of loans that the company has obtained.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-allied-blenders-ipo-reservation\"><span class=\"ez-toc-section\" id=\"Allied_Blenders_IPO_Reservation\"><\/span>Allied Blenders IPO Reservation <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Investor Category<\/th><th class=\"has-text-align-center\" data-align=\"center\">Shares Offered<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">QIB Shares Offered<\/td><td class=\"has-text-align-center\" data-align=\"center\">Maximum 50%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">NII Shares<\/td><td class=\"has-text-align-center\" data-align=\"center\">Minimum 15%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Retail Shares Offered<\/td><td class=\"has-text-align-center\" data-align=\"center\">Minimum 35%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-allied-blenders-financial-statements\"><span class=\"ez-toc-section\" id=\"Allied_Blenders_Financial_Statements\"><\/span>Allied Blenders Financial Statements<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-allied-blenders-balance-sheet\">Allied Blenders Balance Sheet<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Metric<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2023<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2022<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2021<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Current Asset<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">1,798<\/td><td class=\"has-text-align-center\" data-align=\"center\">1,457<\/td><td class=\"has-text-align-center\" data-align=\"center\">1,410<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Non-Current Asset<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">688<\/td><td class=\"has-text-align-center\" data-align=\"center\">790<\/td><td class=\"has-text-align-center\" data-align=\"center\">887<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Current Liabilities<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">1916<\/td><td class=\"has-text-align-center\" data-align=\"center\">1629<\/td><td class=\"has-text-align-center\" data-align=\"center\">1685<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Non-Current Liabilities<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">165<\/td><td class=\"has-text-align-center\" data-align=\"center\">214<\/td><td class=\"has-text-align-center\" data-align=\"center\">231<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total Equity<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">406<\/td><td class=\"has-text-align-center\" data-align=\"center\">404<\/td><td class=\"has-text-align-center\" data-align=\"center\">381<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><strong>(All above figures are in INR Crore unless stated otherwise)<\/strong><\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"796\" height=\"484\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/06\/Allied-Blenders-Balance-Sheet.png\" alt=\"Allied Blenders Balance Sheet\" class=\"wp-image-6575\" style=\"width:602px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/06\/Allied-Blenders-Balance-Sheet.png 796w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/06\/Allied-Blenders-Balance-Sheet-300x182.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/06\/Allied-Blenders-Balance-Sheet-768x467.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/06\/Allied-Blenders-Balance-Sheet-150x91.png 150w\" sizes=\"auto, (max-width: 796px) 100vw, 796px\" \/><\/figure>\n\n\n\n<p>We may deduce from the above table that while non-current assets have been steadily declining over the last three financial years, current assets for the company are on the rise.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-allied-blenders-income-statement\">Allied Blenders Income Statement<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Metric<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2023<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2022<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2021<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total Income<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">7,116<\/td><td class=\"has-text-align-center\" data-align=\"center\">7,208<\/td><td class=\"has-text-align-center\" data-align=\"center\">6,397<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total Expenses<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">6,920<\/td><td class=\"has-text-align-center\" data-align=\"center\">7,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">6,184<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Profit before tax<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">5.9<\/td><td class=\"has-text-align-center\" data-align=\"center\">3.8<\/td><td class=\"has-text-align-center\" data-align=\"center\">12.7<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Profit after tax<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">1.6<\/td><td class=\"has-text-align-center\" data-align=\"center\">1.4<\/td><td class=\"has-text-align-center\" data-align=\"center\">2.5<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><strong>(All above figures are in INR Crore unless stated otherwise)<\/strong><\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"942\" height=\"654\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/06\/Allied-Blenders-Income-Statement.png\" alt=\"Allied Blenders Income Statement\" class=\"wp-image-6576\" style=\"width:595px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/06\/Allied-Blenders-Income-Statement.png 942w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/06\/Allied-Blenders-Income-Statement-300x208.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/06\/Allied-Blenders-Income-Statement-768x533.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/06\/Allied-Blenders-Income-Statement-150x104.png 150w\" sizes=\"auto, (max-width: 942px) 100vw, 942px\" \/><\/figure>\n\n\n\n<p>The company&#8217;s total income is increasing each year while the expenses have reduced in 2023 as compared to 2022. Even though total income is increasing, but due to increase in expenses, there are hardly any profits.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-allied-blenders-cash-flow-statement\">Allied Blenders Cash Flow Statement<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Metric<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2023<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2022<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2021<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>CFO<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">229<\/td><td class=\"has-text-align-center\" data-align=\"center\">178<\/td><td class=\"has-text-align-center\" data-align=\"center\">246<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>CFI<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">(18.3)<\/td><td class=\"has-text-align-center\" data-align=\"center\">32.13<\/td><td class=\"has-text-align-center\" data-align=\"center\">(59.3)<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>CFF<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">(202.8)<\/td><td class=\"has-text-align-center\" data-align=\"center\">(255.7)<\/td><td class=\"has-text-align-center\" data-align=\"center\">(216)<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><strong>(All above figures are in INR Crore unless stated otherwise)<\/strong><\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"751\" height=\"452\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/06\/Allied-Blenders-Cash-Flow-Statement.png\" alt=\"\" class=\"wp-image-6577\" style=\"width:618px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/06\/Allied-Blenders-Cash-Flow-Statement.png 751w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/06\/Allied-Blenders-Cash-Flow-Statement-300x181.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/06\/Allied-Blenders-Cash-Flow-Statement-150x90.png 150w\" sizes=\"auto, (max-width: 751px) 100vw, 751px\" \/><\/figure>\n\n\n\n<p>According to the above table, the company&#8217;s cash flow from operations has increased over the past fiscal year. Cash inflow due to investing activities has turned negative in 2023 and decrease in cash outflow was observed in financing activities in 2023 as compared to 2022.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-allied-blenders-key-performance-indicators\"><span class=\"ez-toc-section\" id=\"Allied_Blenders_Key_Performance_Indicators\"><\/span>Allied Blenders Key Performance Indicators<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2023<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2022<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2021<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Return on Equity (%)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">0.39<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.37<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.66<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Current Ratio (x)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">0.94<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.89<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.84<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Inventory Turnover Ratio (Days)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">45.13<\/td><td class=\"has-text-align-center\" data-align=\"center\">42.09<\/td><td class=\"has-text-align-center\" data-align=\"center\">53.63<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Net Profit Ratio (%)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">0.05<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.05<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.11<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Debt to Equity Ratio (x)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">1.92<\/td><td class=\"has-text-align-center\" data-align=\"center\">2.10<\/td><td class=\"has-text-align-center\" data-align=\"center\">2.50<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Basic Earnings Per Share (EPS)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">0.07<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.06<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.10<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><strong>&nbsp;(Source &#8211; Company\u2019s DRHP)<\/strong><\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-strengths-of-allied-blenders\">Strengths of Allied Blenders<\/h3>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li>Future growth in the Indian alcohol market is expected to be substantial due to rising disposable income levels among citizens.<\/li>\n\n\n\n<li>When comparing the fiscal year 2023 to the fiscal year 2022, the company&#8217;s earnings after taxes grew.<\/li>\n\n\n\n<li>The company can easily compete with the consumer because of its excellent brand recognition.<\/li>\n\n\n\n<li>It provides a large selection of products to meet the needs of different customers.<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-weaknesses-of-allied-blenders\">Weaknesses of Allied Blenders<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Businesses may see a decline in market share due to increased competition from domestic and foreign competitors.<\/li>\n\n\n\n<li>Any economic downturn or a shift in consumer purchasing patterns could negatively impact sales and income.<\/li>\n\n\n\n<li>Since the alcohol beverage industry is heavily regulated, any significant changes to government regulations could hurt business performance.<\/li>\n\n\n\n<li>Consumer preferences may alter due to shifting health and lifestyle trends, which lowers the demand for alcoholic beverages.<\/li>\n<\/ol>\n\n\n\n<p><strong>Read Also:<\/strong><a href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/what-is-ipo-allotment-process\/\"> What is the IPO Allotment Process?<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Allied Distillers and Blenders offer a fantastic chance to be involved in the expanding alcohol industry. They have declared a profit for the last three fiscal years yet their cash flow from financing and investing activities is negative. The company&#8217;s broad selection of alcoholic beverages contributes to the growth of its brand value. However, as we usually advise, consult your financial advisor before making any investment.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">S.NO.<\/th><th class=\"has-text-align-left\" data-align=\"left\">Check Out These Interesting Posts You Might Enjoy!<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>1<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/hindustan-unilever-limited-hul-case-study-key-acquisitions-business-model-financials-and-swot-analysis\/\">Hindustan Unilever Case Study<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>2<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/case-study-on-apple-marketing-strategy\/\">Case Study on Apple Marketing Strategy<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>3<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/reliance-power-case-study\/\">Reliance Power Case Study<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>4<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/case-study-on-burger-king-marketing-strategy\/\">Burger King Case Study<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>5<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/dmart-case-study-business-model-and-marketing-strategy\/\">D Mart Case Study<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\"><strong>When will Allied Blenders and Distillers IPO open?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">The IPO for Allied Blenders and Distillers will be open for applications from June 25 to June 27, 2024. Investors can apply within this time frame.\u00a0<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>When were allied blenders and distillers established?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">The company was founded in 1988.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong> Is Allied Blenders and Distillers a profit-making company?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">The business did report a profit for the preceding three years. It declared a profit of INR 1.601 crore for FY 2023, a YoY increase.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What is the minimum lot size that retail investors can subscribe to?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">Retail investors must subscribe for at least 1 lot, or 53 shares, for 14893 INR.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What is the name of the company that offers Officer Choice Whisky?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">The Mumbai-based Indian-made international liquor corporation Allied Blenders and Distillers owns Officers Choice, also referred to as OC.<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>On the weekends, you hang out and drink beer in a club with your buddies. Do you know you can invest in businesses that produce and sell alcohol? Indeed, a corporation is planning an initial public offering (IPO) to list on exchanges. The company is referred to as &#8220;Allied Blenders and Distillers.&#8221; In today\u2019s blog, [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":6579,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[183],"class_list":["post-6568","ipo","type-ipo","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"acf":{"freelancer":"Akash Gupta"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Allied Blenders IPO: IPO Date, Lot Size, Price &amp; Details - Pocketful<\/title>\n<meta name=\"description\" content=\"Allied Blenders and Distillers IPO - All information about the Allied Blenders IPO, including issue date, price, lot size, allotment status, and financial statements, all in one place.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Allied Blenders and Distillers IPO: IPO Key Details &amp; 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