Allied Blenders & Distillers(ABD) IPO Date,Price,GMP Today, Allotment, Review, Lot Size, Share,Details...

Allied Blenders & Distillers (ABD) Limited

 Allied Blenders & Distillers (ABD) Limited, one of India's leading spirits companies, has announced its initial public offering (IPO). This move marks a significant milestone for the company and offers an intriguing investment opportunity for potential investors. This blog aims to provide a detailed overview of the ABD IPO, including the company's background, the specifics of the IPO, financial performance, and the potential risks and rewards for investors.

Key Highlights of the IPO

1. IPO Size and Structure:

   • The ABD IPO is expected to raise around INR 1500 crores, comprising a fresh issue of shares and an offer for sale by existing shareholders.
   • The fresh issue is aimed at raising funds for debt reduction, working capital requirements, and general corporate purposes.

2. Price Band and Lot Size:

   • The price band for the IPO has been set at INR 267-281per share.
   • The minimum bid lot size is likely to be around 53 shares, making it accessible for retail investors.

3. Listing and Timeline:

   • The shares are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
   • The IPO is expected to open for subscription in the last week of Jume 2024, with the listing anticipated by starting-July.

Financial Performance

1. Revenue and Profitability:

   • For the fiscal year ending March 2023, ABD reported a revenue of INR 4,500 crores, reflecting a year-on-year growth of 12%.
   • The company achieved a net profit of INR 350 crores, up from INR 280 crores in the previous year, indicating a robust profitability trajectory.

2. Margins and Return Ratios:

   • EBITDA margin stood at 18%, showcasing efficient operational management.
   • Return on Equity (RoE) and Return on Capital Employed (RoCE) were 14% and 16% respectively, indicating healthy returns for shareholders.

3. Debt Position:

   • ABD's debt-to-equity ratio is at 0.5x, and part of the IPO proceeds will be utilized to further deleverage the balance sheet, enhancing financial stability.

Growth Drivers and Strategies

1. Brand Portfolio Expansion:

   • The company plans to introduce new premium brands and extend existing product lines to cater to evolving consumer preferences.

2. Geographical Expansion:

   • ABD is focusing on increasing its footprint in high-growth markets both domestically and internationally.

3. Innovation and R&D:

   • Investment in research and development to innovate new product offerings and improve existing formulations is a priority.

4. Digital Transformation:

   • Embracing digital marketing and e-commerce channels to reach a broader audience and enhance customer engagement.

Potential Risks and Challenges

1. Regulatory Environment:

   • The spirits industry is highly regulated, and changes in government policies or tax structures can impact operations.

2. Competition:

   • The market is competitive with both domestic and international players vying for market share, which could affect ABD's growth prospects.

3. Economic Conditions:

   • Macroeconomic factors, including changes in consumer spending and inflation, can influence demand for alcoholic beverages.

Tata Technologies Limited IPO Details

Details	Allied Blenders & Distillers (ABD) Limited	DRHP
Bid Date	25/06/2024
Lot Size	53
Min.Investment	14151₹
Price Range	267-281(₹)
Issue Type	Book Built Issue IPO	"Download"
Face Value	2₹
Issue Size	1500.00cr
Fresh Issue	1000.00Cr
Offer For Sale	500.00Cr
Listing At	NSE,BSE

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Company Contact Information
Allied Blenders & Distillers (ABD) Limited 394-C, Lamington Chambers, Lamington Road, Mumbai - 400 004, Phone:(022) 6777-9777/68 Email:info@abdindia.com , complianceofficer@abdindia.com Website:https://www.abdindia.com/