India: Liquor firm Allied Blenders seeks $1.5b valuation for planned IPO

India: Liquor firm Allied Blenders seeks $1.5b valuation for planned IPO

Leading liquor manufacturer Allied Blenders & Distillers (ABD) is in the process of hitting the market with a public listing to raise around Rs 800 crore ($125 million) by offloading 10 per cent stake, according to a Times of India report.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter