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.