Allied Blenders’ ₹1,500-Crore IPO Opens, Expect 200-300 Bps Margin Expansion Going Ahead, Says Co

IPO Corner | Allied Blenders & Distillers Rs 1500 cr IPO opens for subscription. MD Alok Gupta & CFO Ramakrishnan Ramaswamy tell Mangalam Maloo and Hormaz Fatakia that they expect 200-300 bps margin expansion going ahead. They also expect EBITDA to be at par with peers over the next 3 years.
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