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Officer's Choice Whiskey Maker, Allied Blenders & Distillers, Gets SEBI Approval For ₹1,500 Cr IPO; Check Details Here

Alied Blenders and Distillers Ltd., which makes Officer's Choice Whisky, announced on May 14 that it has been given the go-ahead by market regulator Sebi to raise Rs 1,500 crore through an initial public offering (IPO). According to the DRHP, the initial share sale consists of a promoter OFS of shares valued at Rs 500 crore and a new issuance of equity shares valued at Rs 1,000 crore.

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Officer's Choice whisky maker Allied Blenders gets Sebi's nod for Rs 1,500-crore IPO

Officer's Choice whisky maker Allied Blenders gets Sebi's nod for Rs 1,500-crore IPO
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Officer's Choice whisky maker Allied Blenders gets Sebi's nod for Rs 1,500-crore IPO, ET Retail

Officer's Choice whisky maker Allied Blenders gets Sebi's nod for Rs 1,500-crore IPO, ET Retail
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Officer's Choice whisky maker Allied Blenders gets SEBI's nod for ₹1,500-crore IPO

Officer's Choice whisky maker Allied Blenders gets SEBI's nod for ₹1,500-crore IPO
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Nude Beverages sells ready-to-drink line to Corby for $11M

Co-founder and large investor Jerin Mece calls transaction a "worst-case scenario" because creditors will get money before shareholders

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