The Allied Blenders and Distillers IPO, which started on June 25, 2024, will close its subscription today, on June 27, 2024. With a price band of ₹267 to ₹281 per share, Allied Blenders and Distillers intends to list its IPO on both the BSE and NSE.
This public issue aims to raise ₹1500 crore, comprising a mix of fresh issue and offer for sale (OFS) shares. As of June 27, 2024, at 12:44 pm, the IPO is subscribed 4.39 times overall, according to BSE data.
Qualified Institutional Buyers (QIBs) subscribed to 0.20 times their portion, while non-institutional investors subscribed to 12.72 times. Retail individual investors (RIIs) subscribed to 2.77 times, and the employee portion was oversubscribed by 7.42 times.
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