Allied Blenders and Distillers IPO Allotment Status

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.
 

 

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 

ParameterValue
IPO DateJune 25, 2024 to June 27, 2024
Listing Date[To be announced]
Face Value₹2 per share
Price Band₹267 to ₹281 per share
Lot Size53 Shares
Total Issue Size53,380,783 shares (₹1,500.00 Cr)
Fresh Issue35,587,189 shares ( ₹1,000.00 Cr)
Offer for Sale17,793,594 shares of ₹2 (₹500.00 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
Shareholding pre-issue244,113,665 Shares
Shareholding post-issue279,700,854 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 DateTuesday, June 25, 2024
IPO Close DateThursday, June 27, 2024
Basis of AllotmentFriday, June 28, 2024
Initiation of RefundsMonday, July 1, 2024
Credit of Shares to DematMonday, July 1, 2024
Listing DateTuesday, 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 Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,741.392,487.702,248.352,298.57
Revenue5,914.987,116.757,208.176,397.81
Profit After Tax4.231.601.482.51
Net Worth409.26406.10404.10381.78
Reserves and Surplus360.43357.28356.99327.85
Total Borrowing798.11780.82846.91954.74
Amount in ₹ Lakhs