Allied Blenders and Distillers IPO share allotment to be finalised today: How to check status? A step-by-step guide

All eyes are present connected the stock allotment, which is to beryllium finalised contiguous (Friday, June 28). After the allotment process is done, allottees volition person the shares successful their demat accounts by Monday, July 1, 2024. Those who neglect to person the shares volition person a refund connected Monday.

Shares of Allied Blenders are expected to beryllium listed connected BSE and NSE connected Tuesday, July 2, 2024.

Link Intime India Private Ltd is the registrar for the Allied Blenders and Distillers IPO. Investors tin cheque the stock allotment presumption connected their website and connected the BSE and NSE.

Steps to cheque the Allied Blenders and Distillers IPO allotment presumption connected the register's website

Step 1: Go to Link Intime India Private Ltd., the website of the IPO registrar. https://linkintime.co.in/initial_offer/public-issues.html

Step 2: Select the archetypal nationalist offering (IPO) from the dropdown. The sanction volition beryllium determination lone erstwhile the allocation is complete.

Step 3: Tap the Application No., Demat Account, oregon PAN nexus to spot the existent status.

Step 4: Choose either non-ASBA oregon ASBA nether the exertion type.

Step 5: Add the details for the mode you selected successful Step 2.

Step 6: Click "Submit" aft completing the captcha.

Steps to cheque the Allied Blenders and Distillers IPO allotment presumption connected BSE

Step 1: Log successful astatine the nonstop BSE nexus — https://www.bseindia.com/investors/appli_check.aspx;

Step 2: Click connected 'Equity' successful the contented type;

Step 3: Select 'Allied Blenders and Distillers' successful the abstraction fixed successful the contented name;

Step 4: Enter the exertion fig oregon PAN details;

Step 5: Click connected 'I americium not a robot'

Step 6: Clock astatine the 'Search' fastener fixed below.

Your Allied Blenders and Distillers IPO allotment presumption volition look connected your machine show oregon compartment telephone screen.

Allied Blenders and Distillers IPO details

A book-built contented of ₹1,500 crore, the Allied Blenders and Distillers IPO was a mainboard IPO. It was a operation of a caller contented of 3.56 crore shares to rise 1,000 crore and an connection for merchantability of 1.78 crore shares for ₹ 500 crore.

Allied Blenders IPO terms set was acceptable astatine ₹267 to ₹281 per share, and the minimum batch size for an exertion was 53 shares. This means the minimum magnitude of concern required by retail investors was ₹14,893.

Allied Blenders and Distillers IPO subscription status

The contented witnessed an wide subscription of 24.85 times, receiving bids for 92,66,91,379 shares against 37,291,814 offered.

The retail information was subscribed 4.73 times, but the QIB and NII segments saw robust subscriptions of 53.01 times and 34.09 times, respectively.

Allied Blenders and Distillers IPO GMP today

According to investorgain.com, the latest grey marketplace premium (GMP) of Allied Blenders and Distillers IPO is ₹52. considering the precocious terms set of the contented astatine ₹281 per share, the estimated listing terms of Allied Blenders' shares is ₹333, a premium of 18.51 per cent.

Read each market-related news here

Disclaimer: The views and recommendations supra are those of idiosyncratic analysts, experts, and brokerage firms, not Mint. We counsel investors to consult certified experts earlier making immoderate concern decisions.

3.6 Crore Indians visited successful a azygous time choosing america arsenic India's undisputed level for General Election Results. Explore the latest updates here!

Published: 28 Jun 2024, 12:54 PM IST