IndusLaw, AZB & Partners and Hogan Lovells Lee & Lee have advised on liquor distributor Allied Blenders & Distillers’ USD180 million IPO on the NSE and BSE.
“Working on Allied Blenders’ IPO was a truly remarkable experience. The journey from initial draft prospectus filing to the eventual listing involved navigating significant regulatory changes and numerous pivotal decisions,” said Ravi Dubey, a partner at IndusLaw and co-leader of the transaction team.
“The regulatory updates, including a SEBI directive on additional disclosures, involved a meticulous review of our disclosure and diligence approaches. Regulatory engagement on the transaction offered invaluable insights into the evolving landscape of securities regulation.”
Partners Manan Lahoty, Dubey and Priyadarshini Rao led the IndusLaw team advising the book-running lead managers, including ICICI Securities, Nuvama Wealth Management and ITI Capital. Principal associate Anjali Menon and associates Abishek Sankar, Sakshi Sharma, Aniruddh Saraswat and Harshita Pareek assisted the team. Singapore-based Hogan Lovells Lee & Lee acted as the international legal counsel for the book-running lead managers.
AZB & Partners advised Allied Blenders & Distillers and the promoter selling shareholders, Bina Kishore Chhabria and Resham Chhabria Jeetendra Hemdev, on the IPO.
The AZB team included senior partners Varoon Chandra and Agnik Bhattacharyya, senior associates Sweta Ananthanarayanan, Aratrika Choudhuri and Shweta Agrawal, and associates Tanaiy Tewari, Arika Gupta and Damini Mathur.
Allied Blenders & Distillers’ stock .
Allied Blenders & Distillers is a liquor company that distributes Indian-made foreign liquor, including whisky, rum, vodka and brandy, and exports to more than 20 countries.
