Allied Blenders and Distillers Limited IPO
Allied Blenders and Distillers Limited was a mainboard IPO in the Breweries & Distilleries sector, offered at ₹267–₹281 per share to raise ₹1,500 crore. The issue was subscribed 23.55× overall (QIBs 50.37×, NIIs 32.4×, retail 4.51×). It listed on 2 Jul 2024 at ₹320 and closed its first day at ₹318, a listing gain of +13.1% versus the ₹281 issue price. It now trades around ₹698 (+148.5% versus the issue price).
Frequently asked questions
- How many times was the Allied Blenders and Distillers Limited IPO subscribed?
- The Allied Blenders and Distillers Limited IPO was subscribed 23.55× overall — 50.37× in the QIB category, 32.4× among non-institutional investors, 4.51× in retail.
- What were the Allied Blenders and Distillers Limited IPO listing gains?
- Allied Blenders and Distillers Limited listed on 2 Jul 2024 at ₹320, closing its first day at ₹318 — a listing gain of +13.1% versus the ₹281 issue price.
- What were the retail allotment odds for the Allied Blenders and Distillers Limited IPO?
- Retail was subscribed 4.51×, so a single-lot application had roughly a 22.2% chance of allotment (about 1 in 5), and allotment was finalised on 28 Jun 2024.
- What was the price band and lot size of the Allied Blenders and Distillers Limited IPO?
- The price band was ₹267–₹281 per share, with a minimum lot of 53 shares (₹14,893 at the upper band).
- Who were the registrar and lead manager for the Allied Blenders and Distillers Limited IPO?
- Link Intime India Private Limited was the registrar, and ICICI Securities was the book-running lead manager.