Allied Blenders and Distillers IPO is in the market and it has been building up its subscription steadily. This is a liquor company and it was widely expected to see a rush of investors. Notably, Allied Blenders and Distillers IPO GMP has been in positive territory but not as encouraging as some of the other IPOs in the recent period have been. Which way the IPO was heading was clear from Allied Blenders and Distillers IPO Subscription status getting completed only on the second day after bidding was opened for all. However, what is the current status? You can check below exactly where Allied Blenders and Distillers IPO GMP today is and the expectations thereof.
Allied Blenders and Distillers IPO GMP today
Allied Blenders and Distillers IPO GMP today has dropped off from the earlier high of around Rs 77 to Rs 44, according to InvestorGain. At one time in the grey market, the stock had traded with a premium of Rs 82. Considering Allied Blenders and Distillers IPO price band’s upper limit of Rs 267 to Rs 281 plus the current GMP, the company’s shares may be listing with an over 15.66% per cent gain on debut. Do note that under no circumstances, should the grey market be taken to to have any official sanction.
Allied Blenders IPO Listing date
Allied Blenders IPO listing date is July 2, 2024 and that is because capital market regulator, Sebi, has ordained that a company’s stock should be listed on the exchanges within three business days of the closing date of the IPO.
Allied Blenders and Distillers IPO Subscription Status
When it closed on Thursday, June 27, 2024, Allied Blenders IPO subscription status reached almost 23 times with retail segment and qualified institutional investors making the best showing.
Allied Blenders and Distillers IPO Allotment Date
Allied Blenders and Distillers IPO Allotment Date was June 28, 2024 and investors should check their status on the websites of BSE, NSE and IPO registrar Link Intime India Pvt Ltd.
Allied Blenders and Distillers IPO GMP today: With subscription and allotment all done, investors should know Allied Blenders and Distillers IPO listing date. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
