![](https://www.just-drinks.com/wp-content/uploads/sites/29/2022/06/Allied-Distillers-range.png)
Allied Blenders & Distillers is preparing to launch an initial public offering (IPO), as the Mumbai-based spirits company looks to raise US$254m.
The IPO will consist of a fresh issuing of shares worth US$126m, as well as an offer for sale shares from existing stakeholders.
Allied Blenders & Distillers is preparing to launch an initial public offering (IPO), as the Mumbai-based spirits company looks to raise US$254m.