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
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
Funds Raised in the IPO | Amount |
---|---|
Overall | 1500 Cr |
Fresh Issue | 0 Cr |
Offer for Sale | 0 Cr |
Allotment Timeline | Details |
---|---|
Allotment Date | 28 Jun 2024 |
Allotment Link | {Link} |
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.
Date | Ipo Price | GMP | Estimated 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%) |
Issue Price | Listing Gain | Current Market Price | P/L |
---|---|---|---|
₹267 to ₹281 per share | ₹ 1172 (13%) | ₹ 334.85 | 19.16% |
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 in | 2008 |
Managing director | |
Parent organization |
Category | Subscription (No. of times) |
---|---|
Qualified Institutional Buyers (QIBs) | 53.01 |
Non-Institutional Investors (NIIs) | 34.09 |
Retail Individual Investors (RIIs) | 4.73 |
Employee | 10.44 |
Total | 24.85 |