'Officer's Choice' whiskey maker weighs IPO at $2.5-bn valuation: Report

Allied Blenders & Distillers Pvt., an Indian spirits manufacturer, is considering an initial public offering that could raise as much as $300 million next year, according to people familiar with the situation. 

The maker of “Officer’s Choice” whiskey has initiated talks with advisers and is seeking a valuation of at least $2.5 billion, the people said, asking not to be identified as the information is private. the company is planning to file preliminary documents as soon as the first quarter of 2022, the people said.  

No final decision has been reached regarding the valuation or timing of the potential IPO,