Allied Blenders and Distillers IPO Allotment Status
- 22 Jul 2024
- 1 mins read
- By: BlinkX Research Team
Allied Blenders and Distillers IPO subscription started on Tuesday, June 25, and will end on Thursday, June 27. The Allied Blenders IPO price band is set at ₹267 to ₹281 per equity share, with a face value of ₹2. About ₹449.1 crore has been raised by the business from anchor investors in advance of its Tuesday, June 25 initial public offering. This IPO will be managed by ICICI Securities, Nuvama Wealth, and Iti Capital, with Link Intime India 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
- Allied Blenders and Distillers IPO Subscription Status
- How to Check IPO Allotment Status?
- To check the Allied Blenders and Distillers IPO allotment status on the Link Intime India website, follow these steps:
- Allied Blenders and Distillers IPO Details
- Allied Blenders and Distillers IPO Timeline (Tentative Schedule)
- About Allied Blenders and Distillers
- 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
Parameter | Value |
IPO Date | June 25, 2024 to June 27, 2024 |
Listing Date | [To be announced] |
Face Value | ₹2 per share |
Price Band | ₹267 to ₹281 per share |
Lot Size | 53 Shares |
Total Issue Size | 53,380,783 shares (₹1,500.00 Cr) |
Fresh Issue | 35,587,189 shares ( ₹1,000.00 Cr) |
Offer for Sale | 17,793,594 shares of ₹2 (₹500.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Shareholding pre-issue | 244,113,665 Shares |
Shareholding post-issue | 279,700,854 Shares |
Allied Blenders and Distillers IPO Timeline (Tentative Schedule)
Allied Blenders IPO opens on June 25, 2024, and closes on June 27, 2024.
IPO Open Date | Tuesday, June 25, 2024 |
IPO Close Date | Thursday, June 27, 2024 |
Basis of Allotment | Friday, June 28, 2024 |
Initiation of Refunds | Monday, July 1, 2024 |
Credit of Shares to Demat | Monday, July 1, 2024 |
Listing Date | Tuesday, July 2, 2024 |
Cut-off time for UPI mandate | 5 PM on June 27, 2024 |
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)
Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 2,741.39 | 2,487.70 | 2,248.35 | 2,298.57 |
Revenue | 5,914.98 | 7,116.75 | 7,208.17 | 6,397.81 |
Profit After Tax | 4.23 | 1.60 | 1.48 | 2.51 |
Net Worth | 409.26 | 406.10 | 404.10 | 381.78 |
Reserves and Surplus | 360.43 | 357.28 | 356.99 | 327.85 |
Total Borrowing | 798.11 | 780.82 | 846.91 | 954.74 |
Amount in ₹ Lakhs |
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