Jul 04, 2024

Allied Blenders and Distillers Limited and the Promoter Selling Shareholders, Bina Kishore Chhabria and Resham Chhabria Jeetendra Hemdev, on its initial public offering.

AZB & Partners recently advised Allied Blenders and Distillers Limited and the Promoter Selling Shareholders, Bina Kishore Chhabria and Resham Chhabria Jeetendra Hemdev, on its initial public offering, which was undertaken by way of a fresh issue and an offer for sale for an amount aggregating to ₹ 15 billion.

The book running lead managers to the initial public offering were ICICI Securities Limited, Nuvama Wealth Management (formerly known as Edelweiss Securities Limited) and ITI Capital Limited (A part of The Investment Trust of India Limited Group).

The AZB team comprised our Senior Partners, Varoon Chandra and Agnik Bhattacharyya; our Senior Associates, Sweta Ananthanarayanan, Aratrika Choudhuri and Shweta Agrawal; and our Associates, Tanaiy Tewari, Arika Gupta and Damini Mathur.

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