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    Allied Blenders and Distillers Limited

    CLOSED

    IPO Date: 25 Jun - 27 Jun 2024

    Listing Date: 2 Jul 2024

    Price Range

    ₹267 to ₹281 per share

    Issue Size

    1500 Cr

    Min Investment

    ₹14,151

    Lot Size

    53 Shares

    View IPO Document

    Schedule of Allied Blenders and Distillers Limited

    Issue open date

    25 Jun 2024

    Issue close date

    27 Jun 2024

    UPI mandate deadline

    27 Jun 2024 (5 PM)

    Allotment finalization

    28 Jun 2024

    Share credit

    1 Jul 2024

    Listing date

    2 Jul 2024

    Mandate end date

    12 Jul 2024

    Issue size

    Funds Raised in the IPOAmount
    Overall1500 Cr
    Fresh Issue0 Cr
    Offer for Sale0 Cr

    Allotment DetailsNew

    Allotment TimelineDetails
    Allotment Date28 Jun 2024
    Allotment Link{Link}

    Grey Market PremiumNew

    Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

    DateIpo PriceGMPEstimated Listing Price
    2 Jul 2024₹281₹59₹340 (21%)
    1 Jul 2024₹281₹59₹340 (21%)
    30 Jun 2024₹281₹42₹323 (14.77%)
    29 Jun 2024₹281₹40₹321 (14.23%)
    28 Jun 2024₹281₹50₹331 (17.79%)
    27 Jun 2024₹281₹57₹338 (20.28%)
    26 Jun 2024₹281₹77₹358 (27.4%)
    25 Jun 2024₹281₹87₹368 (30.96%)
    24 Jun 2024₹281₹82₹363 (29.18%)
    23 Jun 2024₹281₹74₹355 (26.33%)
    22 Jun 2024₹281₹75₹356 (26.69%)

    Performance Allied Blenders and Distillers Limited

    Issue PriceListing GainCurrent Market PriceP/L
    ₹267 to ₹281 per share₹ 1172 (13%) ₹ 334.8519.16%

    About Allied Blenders and Distillers Limited

    Incorporated in 2008, Allied Blenders and Distillers is an Indian-made foreign liquor company. The company offers four Indian-made foreign liquor categories: whisky, brandy, rum, and vodka. In addition, they sell packaged drinking water under the Officer's Choice, Officer's Choice Blue, and Sterling Reserve brands. The Officer's Choice Whisky was introduced in 1988 as the company's foray into the mass premium whisky market. It is one of the most-selling whisky brands in the world in terms of annual sales volumes from 2016 to 2019. As of December 31, 2023, the company's products were exported to 14 international markets, including the Middle East, North and South America, Africa, Asia, and Europe. The company owns and operates a distillery in Rangapur, Telangana, which is spread over 74.95 acres and has a built-up area of over 25,000 square meters. The company's in-house distillation capacity of extra neutral alcohol (ENA), the key material used in manufacturing its products, is 54.75 million litres annually. The company also have extensive bottling capabilities across India. As of December 31, 2023, the company owned and operated nine bottling units and utilized the entire licensed capacity of five third-party bottling facilities. As of March 31, 2023, the products were sold in 79,329 retail outlets across 30 states and union territories in India.

    Founded in2008
    Managing director
    Parent organization

    Financial Overview

    Strengths

      Risks

        Subscription Figures

        CategorySubscription (No. of times)
        Qualified Institutional Buyers (QIBs)53.01
        Non-Institutional Investors (NIIs)34.09
        Retail Individual Investors (RIIs)4.73
        Employee10.44
        Total24.85