Allied Blenders and Distillers IPO: 30% grey market premium | Subscription LAST DATE today

27/06/2024

allied blenders and distillers ipo: 30 percent grey market premium | subscription last date today

Allied Blenders and Distillers IPO GMP Price Today: Today i.e. June 27 is the last day for the subscription for the initial public offering (IPO) of Allied Blenders and Distillers Limited. The three-day IPO subscription of the liquor company opened on June 25. The product portfolio of the firm comprises several brands of IMFL across whisky, brandy, rum, and vodka.

According to NSE, the Allied Blenders and Distillers IPO has been subscribed 1.51 times. Out of this, in the NII category, the IPO has been subscribed 2.98 times, in the RIIs and QIBs categories, the IPO has been subscribed 1.65 and 0.14 times, respectively. In the grey market, Allied Blenders and Distillers Limited shares are commanding a strong premium or GMP, indicating a solid listing gain.

Allied Blenders and Distillers IPO Price Band

Allied Blenders and Distillers Limited has set a price band of Rs 267 to Rs 281.

Allied Blenders and Distillers IPO Lot Size

The minimum investment amount for Allied Blenders and Distillers IPO is Rs 14151. According to the company, retail investors can bid for a minimum of 53 shares and in multiples thereof. For HNI investors, the minimum investment amount for bidding is Rs 2 lakh.

Allied Blenders and Distillers IPO GMP Today Price

According to multiple websites that track grey market activities, Allied Blenders and Distillers Limited’s shares command a premium of Rs 77 to Rs 85. This translates into a GMP of around 27.4 to 30 per cent.

Allied Blenders and Distillers IPO Allotment Date, Link

According to the details available, the Allied Blenders and Distillers IPO is likely to be finalized on June 28 (Friday). The allotment status will be released online on the official website of the registrar -- Link Intime India Private Limited. Besides, the allotment status will also be made available on the official website of the National Stock Exchange (NSE), and the Bombay Stock Exchange (BSE).

Allied Blenders and Distillers IPO Share Listing Date

Allied Blenders and Distillers Limited's shares are proposed to be listed on both the leading exchanges -- NSE and BSE. The listing will likely to take place next week i.e. July 2 (Tuesday).

Allied Blenders and Distillers IPO Face Value and Application Timings

Allied Blenders and Distillers Limited's IPO face Value is Rs 2 and the market timings are from 10 am to 5 pm.

Allied Blenders and Distillers IPO Book Running Lead Managers

ICICI Securities Limited, Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited), and ITI Capital Limited are the Book Running Lead Managers for Allied Blenders and Distillers IPO.