Allied Blenders and Distillers Limited IPO GMP

Allied Blenders and Distillers Limited is the largest Indian-owned Indian-made foreign liquor (“IMFL”) company and the third largest IMFL company in India, in terms of annual sales volumes between Fiscal 2014 and Fiscal 2022. We are one of the only four spirits companies in India with a pan-India sales and distribution footprint, and a leading exporter of IMFL, and had an estimated market share (in terms of sales volume) of 11.8% in the Indian whisky market for Fiscal 2023. Certain of our brands, such as, Officer’s Choice Whisky, Sterling Reserve, Officer’s Choice Blue and ICONiQ Whisky, are ‘Millionaire Brands’ or brands that have sold over a million 9-litre cases in one year.

Allied Blenders and Distillers Limited IPO, a Book Built issue amounting to ₹1500 crores, consisting fresh issue of 3,55,87,189 shares worth ₹1000 crores and an offer for sale of 1,77,93,594 Equity shares totaling ₹500 crores. The subscription period for the Allied Blenders IPO opens on June 25, 2024, and closes on June 27, 2024. The allotment is expected to be finalized on or about Wednesday, June 28, 2024, and the shares will be listed on the BSE NSE with a tentative listing date set on or about Friday, July 02, 2024.

The price band of Allied Blenders and Distillers Limited IPO is set at ₹267 to ₹281 equity per share, with a minimum lot size of 53 shares. Retail investors are required to invest a minimum of ₹14,893, while the minimum investment for High-Net-Worth Individuals (HNIs) is 14 lots (742 shares), amounting to ₹2,08,502.

ICICI Securities Limited, Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited), ITI Capital Limited are the book-running lead manager and Link Intime India Private Limited is the registrar.

Allied Blenders and Distillers Limited IPO GMP Today
The Grey Market Premium Allied Blenders a tnd Distillers Limited IPO is expected in the range of ₹0 based on the financial performance and subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Allied Blenders and Distillers Limited IPO Live Subscription Status Today
As of 04:43 PM on 21 June 2024, the Allied Blenders and Distillers Limited IPO live subscription status shows that the IPO still not fully subscribed even on the last day. The Allied Blenders and Distillers Limited IPO subscriped only 0.49 times on NSE and BSE. Check the Allied Blenders and Distillers Limited IPO Live Subscription Status Today at NSE

Allied Blenders and Distillers Limited IPO Allotment Status
Allied Blenders and Distillers Limited IPO allotment date is 28 June 2024, Wednesday. Allied Blenders and Distillers Limited IPO Allotment will be out on 28th June 2024 and will be live on Registrar Website from the allotment date. Check Allied Blenders and Distillers Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Allied Blenders and Distillers Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Allied Blenders and Distillers Limited IPO

1. Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company (Approximately ₹ 720 Crore); and
2. General corporate purposes

Refer to Allied Blenders and Distillers Limited RHP for more details about the Company.