India: Allied Blenders revives IPO plan, eyes year-end launch at $1.8b valuation

India: Allied Blenders revives IPO plan, eyes year-end launch at $1.8b valuation

Deepak Roy, executive vice-chairman of Allied Blenders. Photo: Mint

Allied Blenders and Distillers Pvt. Ltd (ABD), India’s third largest liquor company, is reviving plans to go public and aims to launch its share offering by the end of 2018 at a rough valuation of around $1.8 billion, a top company executive said.

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