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| Name | Allied Blenders and Distillers Ltd IPO: 10 key points you must know | Allied Blenders IPO review |
| Video Uploader | Video From Upstox |
| Upload Date | This Video Uploaded At 25-06-2024 03:30:00 |
| Video Discription | To apply for the IPO, click here: https://upstox.com/ipo-initial-public-offering/employee-allied-blenders-and-distillers-ipo For more expert insights on investing and trading, join Upstox's Uplearn for only ₹999 and get unlimited access to webinars and courses for 3 months. Click here: https://upstox.com/uplearn/subscription/?utm_source=social&utm_medium=youtube&utm_campaign=Upstox_ytcontent Before you decide whether to subscribe to this IPO, here are 10 important points to consider. Allied Blenders and Distillers, established in 2008, is a prominent player in the alcoholic beverage market with a market share of around 12% as of FY23. - Popular brands include Officer’s Choice Whisky, Sterling Reserve, Officer’s Choice Blue, and ICONiQ Whisky. These are known as ‘Millionaire Brands’ because they have sold over a million 9-litre cases in a year. ABD has a vast distribution network across India with 79,000 retail outlets in 30 states and UTs and exports to 14 international markets including the Middle East, North America, Africa, Asia, and Europe. The company owns a distillery in Rangapur, Telangana with an in-house distillation capacity of 60 million litres per year. It also has 9 bottling units and arrangements with 23 bottling facilities. Between FY21 and FY23, ABD’s revenue grew at a CAGR of 3%. However, profits fluctuated due to COVID-19 and increased expenses. Revenue increased by 9% YoY and profit by 46% YoY in Q3FY24. From FY23 to FY28, the IMFL market in India is expected to grow at a CAGR of 9% in sales value and around 6% in volume, benefiting ABD. Per capita alcohol consumption in India increased from 1.3 litres in 2005 to 3.2 litres in 2023. Additionally, 1.3 crore people are added to India’s drinking population annually, making it an attractive market. The total IPO size is ₹1,500 crore, with ₹1,000 crore as a fresh issue and ₹500 crore as an offer for sale. Proceeds will primarily be used for debt repayment. Shares will be listed on NSE and BSE. You can apply for the IPO from June 25 to June 27, 2024. The lot size is 53 shares, and the price band is ₹267 – ₹281 per share. #AlliedBlendersAndDistillersIPO #LargestIPO #Investing #StockMarket #IPO #FinancialNews #ABDIPO #InvestmentOpportunity #StockMarketUpdates #IndianMarket #IMFL #AlcoholIndustry 💜watching our videos? We love making them for you! Leave a comment and tell us what you would like to see next👇 📹Share & subscribe to our Hindi/English YouTube channel for daily updates 🔔 https://youtube.com/@UpstoxOfficial/Subscribe 📹Share & subscribe to our Tamil YouTube channel for daily updates 🔔 https://www.youtube.com/@UpstoxTamil 📹Share & subscribe to our Telegu YouTube channel for daily updates 🔔 https://www.youtube.com/@UpstoxTelugu 📹Share & subscribe to our Kannada YouTube channel for daily updates 🔔 https://www.youtube.com/@UpstoxKannada ----------------------------------------------------------------------------------------- About Upstox: 💑Trusted and loved by 1 crore+ Indians, Upstox brings everything you need for trading and investing on a single platform. Whether you’re looking to invest in Stocks, ETFs, Mutual Funds, SGBs, T-Bills, Bonds, IPOs or you’re looking to start trading in Equities, Options, Futures, Currencies and Commodities, Upstox has it all! 🙌Backed by Mr. Ratan Tata and Tiger Global - Upstox aims to help every Indian confidently UP their wealth. From our mobile app (which btw is India’s highest rated trading app on Playstore) you can learn, discover, analyse, invest and trade. 🤝Wish to join our family? Download our app now👇 iOS users https://apps.apple.com/in/app/upstox-new-stocks-ipo-mf/id1584953620 Android users: https://play.google.com/store/apps/details?id=in.upstox.app&hl=en_IN&gl=US And click here to open an Upstox Demat & Trading account with just a PAN, Aadhaar, eKYC: https://uptx.to/open-demat-account ----------------------------------------------------------------------------------------- 📖Want to UPskill? Register for our investing and trading workshops by industry experts for free: https://uptx.to/uplearn-yt-aug23 💬Got questions on your mind? Connect with like-minded traders, ask questions and discuss any doubts - our subject matter experts will resolve them in no time. Join the Upstox Community for free: https://uptx.to/community-yt-aug23 💸Want to know how much you’ll earn from your investments? Calculate returns, brokerage charges, margin and more https://upstox.com/calculator/ 💜Show us some love on Social Media and get regular updates on the market: 1) Subscribe to our Telegram community here: https://uptx.to/Telegram-Oct-Community 2) Follow us on Instagram here: https://uptx.to/Instagram-Oct 3) Follow us on Twitter here: https://uptx.to/Twitter-Oct 4) Follow us on LinkedIn here: https://uptx.to/LinkedIn-Oct |
| Category | News & Politics |
| Tags | #Upstox | #Hindi | #India | #Investment | #Trading | #DematAccount | #AlliedBlendersAndDistillersIPO | #IPOGMP | #Investin | #StockMarket | #IPO | #FinancialNews | #ABDIPO | #InvestmentOpportunity | #StockMarketUpdates | #IndianMarket | #IMFL | #AlcoholIndustry |
