Allied Blenders and Distillers IPO Allotment Status Before Investing

Allied Blenders and Distillers IPO subscription started on Tuesday, June 25, and will end on Thursday, June 27. The Allied Blenders and Distillers IPO date marks an important milestone for the company as it steps into the public market. The Allied Blenders and Distillers IPO price band is set at ₹267 to ₹281 per equity share, with a face value of ₹2.

Ahead of its initial public offering on Tuesday, June 25, the company successfully raised approximately ₹449.1 crore from anchor investors. The IPO is being managed by ICICI Securities, Nuvama Wealth, and Iti Capital, while Link Intime India serves as the registrar. 

Allied Blenders and Distillers IPO Subscription Status

According to stock exchange data, Allied Blenders and Distillers' initial public offer (IPO) received 5,96,04,754 bids for shares, compared to the 3,93,71,669 shares that were offered.  Non-institutional investors led the support for the issue, purchasing 32.34 times their allotted portion. Qualified institutional buyers bid 50.37 times their reserved portion, while retail investors subscribed to 4.4 times their allocated shares.
 

Table of Contents

1. Allied Blenders and Distillers IPO Subscription Status
2. How to Check IPO Allotment Status?
3. To check the Allied Blenders and Distillers IPO allotment status on the Link Intime India website, follow these steps:
4. Allied Blenders and Distillers IPO Details 
5. Allied Blenders and Distillers IPO Timeline (Tentative Schedule) 
6. What is Allied Blenders and Distillers known for?
7. How to Check Allotment Status and Listing Date
8. Should You Invest in Allied Blenders IPO?
9. Is This IPO a Good Buy? Pros and Cons
10. About Allied Blenders and Distillers
11. Financial Information Allied Blenders and Distillers  Limited (Restated Consolidated) 

How to Check IPO Allotment Status?

To check the Allied Blenders and Distillers IPO allotment status:

• Visit the NSE website.
• Choose 'Equity' under the Issue Type.
• Select 'Allied Blenders and Distillers IPO’ from the dropdown menu.
• Enter your Application Number or PAN.
• Complete the captcha verification by clicking on 'I am not a Robot', then click 'Submit'.
   

To check the Allied Blenders and Distillers IPO allotment status on the Link Intime India website, follow these steps:

• 1. Access the website of the IPO registrar, Link Intime India.
• 2. Opt for 'Allied Blenders and Distillers IPO' from the dropdown list under 'Select Company'.
• 3. Pick your preferred identification method from PAN, Application Number, DP/Client ID, or Account Number/IFSC.
• 4. Enter the necessary details based on the chosen option.

The screen will display your status with Allied Blenders and Distillers IPO. 
 

Allied Blenders and Distillers IPO Details 

Allied Blenders and Distillers IPO Timeline (Tentative Schedule) 

Allied Blenders IPO opens on June 25, 2024, and closes on June 27, 2024.

What is Allied Blenders and Distillers known for?

Allied Blenders and Distillers is known for its popular Indian-made foreign liquor (IMFL) brands. Its flagship brand, Officer’s Choice, is one of the top-selling whisky labels in India. The company operates across several liquor categories, including whisky, rum, and brandy. It has a strong distribution network in India and select international markets. With decades of experience, it holds a significant share in India’s mass premium segment.

How to Check Allotment Status and Listing Date

You can check the allotment status on the registrar's website—Link Intime India. Visit the site and enter your PAN, Application Number, or DP/Client ID. The allotment is usually finalized a few days after the IPO closes. The listing date is announced by the exchanges (NSE/BSE) shortly thereafter. Keep an eye on stock exchange websites or news portals for official updates.

Should You Invest in Allied Blenders IPO?

Investment depends on your risk appetite and portfolio goals. The company has strong brand recognition and market presence in India’s IMFL sector. However, it also operates in a highly regulated industry with fluctuating input costs. Review financials, peer comparison, and expert analysis before applying. It's a potential long-term play but may show short-term volatility.

Is This IPO a Good Buy? Pros and Cons

Pros: Strong brand portfolio, wide distribution, growing IMFL market.

Cons: High competition, regulatory risks, and margin pressures.

Decent financial performance but growth has been moderate in recent years.
May attract investors looking for consumer-sector exposure.
Not a guaranteed winner—assess fundamentals and pricing before buying.

About Allied Blenders and Distillers

Allied Blenders and Distillers is an Indian-made international liquor firm that was founded in 2008. The company sells whisky, brandy, rum, and vodka—four types of foreign liquor created in India. Furthermore, they market drinking water in packages under the Sterling Reserve, Officer's Choice, and Officer's Choice Blue brands. The company's entry into the mass premium whisky market came in 1988 with the release of Officer's Choice Whisky. In terms of yearly sales volumes from 2016 to 2019, it is among the whisky brands with the highest sales volumes worldwide. 

Financial Information Allied Blenders and Distillers  Limited (Restated Consolidated)