• SENSEX 80,242.24
    -46.14 (--0.06%)
  • BANKNIFTY 55,087.15
    -304.10 (--0.55%)

IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Allied Blenders & Distillers Ltd

Allied Blenders & Distillers Ltd

    Registered Office : 394-C Lamington Chambers,Lamnington Road,Mumbai Maharashtra 400004 Phone : 91-22-6777 9777
    Fax :

    Email : complianceofficer@abdindia.com

    Website : www.abdindia.com

Initial public offering of up to 5,33,90,079 equity shares of face value of Rs. 2 each of the company for cash at a price of Rs. 281 per equity share (including a share premium of Rs. 279 per equity share) ("Offer Price") aggregating up to Rs. 1500.00 crores ("Offer"). The offer comprises a fresh issue of up to 3,55,96,486 equity shares of face value of Rs. 2 each by the company aggregating up to Rs. 1000.00 crores ("Fresh Issue") and an offer for sale of up to 1,77,93,593 equity shares of face value of Rs. 2 each ("Offered Shares") aggregating up to Rs. 500.00 crores comprising of [*] equity shares of face value of Rs. 2 each by Bina Kishore Chhabria aggregating up to Rs. 375.00 crores and 4,448,398 equity shares of face value of Rs. 2 each by Resham Chhabria Jeetendra Hemdev aggregating up to Rs. 125.00 crores (the "Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer includes a reservation of up to 1,00,488 equity shares of face value of Rs. 2 each aggregating up to Rs. 2.56 crores (constituting up to 0.04% of the post-offer paid-up equity share capital), for subscription by eligible employee(s) (the "Employee Reservation Portion"). The company, in consultation with the book running lead managers ("brlms"), may offer a discount of up to Rs. 26 to the offer price to eligible employee(s) bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals, as may be required. The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer shall constitute 19.09% and 19.05%, respectively, of the post-offer paid-up equity share capital of the company. Issue Price is Rs. 281 per equity share of face value of Rs. 2 each. The Offer price is 140.50 times of the face value of the equity shares. A discount of Rs. 26 per equity share is being offred to eligible employees bidding in the employee reservation portion.

Issue

Opens On

Closes On

25-Jun-2024

27-Jun-2024

Money Payable On

Application

Allotment

281.00

0.00

Minimum Application for shares in Nos : 53.0 Further Multiples of : 53.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

1,500.00

55.94

281.00

ICICI Securities Ltd

ITI Capital Ltd

Nuvama Wealth Management Ltd

Projects
  • Payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the company
  • General corporate purposes
Promoted By
  • Kishore Rajaram Chhabria
  • Bina Kishore Chhabria
  • Reshma Chhabria Jeetendra Hemd
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • MUFG Intime India Pvt Ltd