Allied Blenders and Distillers

Allied Blenders and Distillers IPO Buzz: Grey Market Premium, Subscription Details, and More!

Exciting updates on Allied Blenders and Distillers IPO - Check out the grey market premium, subscription status, and all the latest buzz!

Allied Blenders and Distillers, a renowned Maharashtra-based liquor company, is creating a stir with its recent IPO launch. Market observers have noted a premium of ₹76 in the grey market for the company's shares. The IPO has opened for subscription, with institutional investors already showing strong interest, contributing ₹449.1 crore through the anchor book. This IPO includes a fresh issue of shares worth Rs 1000 crore and an offer-for-sale of shares worth Rs 500 crore.

Known for its Indian-made foreign liquor offerings, Allied Blenders and Distillers presents a diverse range of liquor categories including whisky, brandy, rum, vodka, and more. The IPO price band ranges from ₹267 to ₹281, with the public offer set to list on the BSE and NSE. Investors are eager to capitalize on this opportunity and delve into the world of spirits with Allied Blenders and Distillers.

Intriguingly, Allied Blenders and Distillers IPO proceeds are expected to hit the market soon, showcasing the company's strategic growth plans. With investors eyeing substantial returns, this IPO is poised to make a significant impact on the liquor industry. The IPO subscription status live updates from the BSE and NSE add to the anticipation surrounding this much-talked-about offering, making it a hot topic in the financial market.