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| Name | Allied Blenders & Distillers IPO: All About The Company | Know Your Company |
| Video Uploader | Video From Business Today |
| Upload Date | This Video Uploaded At 27-07-2022 06:20:08 |
| Video Discription | #ADB #AlliedBlendersandDistillers #KYC #KnowYourCompany As ADB gears up for its Rs 1000 cr IPO, Aabha Bakaya, Senior Editor, Business Today TV speaks with Shankar Ramamurthy, Executive Deputy Chairman on the Board of Allied Blenders & Distillers on his vision for growth, creating value for investors, changing consumer trends and bouncing back post the worst of the pandemic years. About the company: · The Mumbai-based company is one of the only four spirits companies in India with a Pan-India sales and distribution footprint, and is a leading exporter of IMFL, in terms of annual sales volumes between Fiscal 2019 to Fiscal 2021 with an estimated peak share of 20% in Fiscal 2021. · ABD started its journey in 1988 with the launch of its flagship brand, Officer’s Choice Whisky which marked its entry into the mass premium whisky segment. · From 2016 to 2019, Officer’s Choice Whisky was among the top-selling whisky brands globally in terms of annual sales volumes. · Over the years, ABD has expanded and introduced products across various categories and segments and established market leadership in the alcoholic beverages market in India with a market share of 8.2% in the IMFL market by sales volumes in Fiscal 2021. · Its main competitors are United Spirits Limited, Pernod Ricard India Private Limited, and Radico Khaitan Limited. · As of March 31, 2022, ABD’s product portfolio comprised 10 major brands of IMFL across whisky, brandy, rum, and vodka. · According to Technopak Report quoted in its DRHP, ABDs brands which include Officer’s Choice Whisky, Sterling Reserve, and Officer’s Choice Blue, are ‘Millionaire Brands’ or brands that have sold over a million 9-liter cases in one year. ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in Facebook: https://www.facebook.com/BusinessToday twitter: https://twitter.com/business_today Instagram: https://www.instagram.com/business_today/ |
| Category | News & Politics |
| Tags | business today english | business news | ADB | Allied Blenders and Distillers | KYC | Know Your Company | aabha bakaya | Shankar Ramamurthy |
