On the last day of bidding for Allied Blenders and Distillers IPO, the total subscription reached 23.55 times, with institutional investors subscribing 50.37 imes, non-institutional investors subscribing 32.40 times, retail investors subscribing 4.51 times and employees reserved category 9.89 times.
The IPO opened for subscription on June 25, and closed on June 27, was a book-built issue aiming to raise Rs 1,500 crore. This included a fresh issue of 3.56 crore shares worth Rs 1,000 crore and an offer for sale of 1.78 crore shares totaling Rs 500 crore. The company had set the price band at Rs 267 and Rs 281 per share, with a minimum application size of 53 shares, requiring an investment of at least Rs 14,893 for retail investors
The allotment for Allied Blenders and Distillers IPO will be finalised on Friday, June 28.
Investors can check Allied Blenders and Distillers IPO allotment status on official website of the registrar for IPO, Link Intime India Private Ltd and the BSE website.
How to check Allied Blenders and Distillers IPO allotment status on Link Intime India
Visit the Link Intime India website here: https://linkintime.co.in/initial_offer/public-issues.html
Select "Allied Blenders and Distillers Limited" from the company drop-down list on the Public Issues page.
Enter your PAN number, application number, DP Client ID or Account Number/IFSC.
Click on the "SUBMIT" button.
Download or print the allotment status for your records.
How to check Allied Blenders and Distillers IPO allotment status on BSE
Go to the official BSE website here: https://www.bseindia.com/investors/appli_check.aspx
Select the issue type as 'Equity.'
Choose "Allied Blenders and Distillers Limited" from the dropdown menu.
Enter your application number or PAN (Permanent Account Number).
Complete the 'Captcha' for verification.
Click on the "Search" button to view your allotment status.
Download or print the allotment status for your records.
Allied Blenders and Distillers IPO Listing Date
Shares of Allied Blenders and Distillers Limited are set to be listed on BSE and NSE on Tuesday, July 2.
Allied Blenders and Distillers IPO Timeline (Tentative Details)
IPO Open Date: Tuesday June 25
IPO Close Date: Thursday, June 27
Basis of Allotment: Friday, June 28
Initiation of Refunds: Monday, July 1
Credit of Shares to Demat: Monday, July 1
Listing Date: Tuesday, July 2
About Allied Blenders and Distillers Limited
Allied Blenders started with a single-brand in 2008 - Officer's Choice Whisky. The company now offers a diverse range of products, including whisky, brandy, rum and vodka.
It specialises in Indian made foreign liquor and packaged drinking water under the Officer's Choice, Officer's Choice Blue, and Sterling Reserve brands. Officer's Choice Whisky, launched in 1988, marked the company's entry into the mass premium whisky market. It has been one of the top-selling whisky brands globally by annual sales volume from 2016 to 2019.
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