Allied Blenders & Distillers exports Whiskey, Rum and Vodka to approximately 29 countries.
Allied Blenders & Distillers Pvt. Preparing to bring an IPO of Rs 2300 crores. With the coming of IPO of Allied Blenders & Distillers, the company can get a valuation of more than Rs 22,500 crore. The company can file DRHP with SEBI in the first quarter of 2022. However, no final decision has been taken in the matter of valuation yet.
The company exports rum, whiskey and vodka to 29 countries
Allied Blenders & Distillers exports whiskey, rum and vodka to approximately 29 countries. The company has nine bottling plants, a distilling facility, and more than 20 outsourced manufacturing sites. Many big companies are going to bring their IPO in the new year. These include private companies like LIC to Flipkart. It is being said that the IPO will prove to be the biggest IPO in the country. The size of LIC’s IPO can be of one lakh crore rupees. So apart from this, e-commerce companies like Adani Wilmar, SBI Mutual Fund and Snapdeal are also going to come up with IPO in 2022.
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2100 was great for IPO
The year 2021 has been a great year for IPO investors. This year companies brought record IPOs. The country’s biggest IPO came this year. Talking about investors, he showed tremendous enthusiasm about the IPO and he also got a listing gain of up to 270 percent. However, the IPOs of some companies also drowned investors’ money and it also included the issues of giant companies. According to the IPO performance tracker given on the BSE website, 80 companies have been listed in the stock market so far this year, in which 59 have given profits to investors.
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