Allied Blenders plans to raise Rs1200 cr via IPO: Reports

Allied Blenders & Distillers has shelved its plans to offload 12% stake to TPG Capital and Carlyle Group, says report.

Jan 22, 2015 07:01 IST India Infoline News Service

Allied Blenders & Distillers has shelved its plans to offload 12% stake to TPG Capital and Carlyle Group, says report.
Report also said that the company is planning to raise up to ₹1,200 crore an IPO.
Roy holds about 5% stake in the company owned by Kishore Chhabria.

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