Allied Blenders and Distillers IPO GMP Today, Price Range and Company Details

Allied Blenders and Distillers IPO commands ₹74 grey market premium (GMP), priced at ₹267 to ₹281 per share with lots of 53 shares. Subscription window open from June 25 to June 27, 2024. a
Allied Blenders and Distillers IPO GMP Today, Price Range and Company Details

As of June 24, 2024, Allied Blenders and Distillers IPO has ₹74 as Grey Market Premium, with a price band of ₹267 to ₹281 per share. Offering lots of 53 shares, the subscription window is open from June 25 to June 27, 2024.

Allied Blenders and Distillers IPO GMP Today

The Grey Market Premium (GMP) for Allied Blenders and Distillers is ₹74 as of June 24, 2024. This assessment coincides with a price range of ₹267 to ₹281 per share for the IPO.

Allied Blenders and Distillers IPO Review

Allied Blenders and Distillers’s revenue declined from ₹89,345.97 million in March 2022 to ₹81,190.65 million in March 2023, with the current 9-month period ending December 2023 at ₹63,787.76 million. Despite consistent equity growth, profitability has decreased, with PAT falling from ₹152.01 million to ₹25.08 million by December 2023.

Financial ratios indicate mixed performance. The diluted EPS decreased from ₹0.65 to ₹0.10, and RoNW dropped from 5.21% to 0.66%. While total assets have increased, the current ratio has risen, suggesting potential liquidity challenges. The Inventory Turnover Ratio’s significant decrease may indicate slower sales or inefficient inventory management.

To get a full IPO review, click here Allied Blenders and Distillers IPO Review

Allied Blenders and Distillers IPO Date

Allied Blenders and Distillers will start accepting subscriptions from June 25, 2024, to June 27, 2024

Allied Blenders and Distillers IPO Price

Allied Blenders and Distillers IPO’s price range is ₹267 to ₹281 per share with a face value of ₹2 each.

Allied Blenders and Distillers 

Allied Blenders and Distillers Limited, India’s largest Indian-owned IMFL company and third-largest overall, boasts a pan-India presence and strong export performance. With an 8.2% IMFL market share, the company operates in 30 states, 64,001 domestic outlets, and 22 international markets. Its award-winning brands and lifestyle positioning, driven by strategic partnerships and endorsements, have fueled significant growth and financial success.

How To Apply For Allied Blenders and Distillers IPO?

To apply for the Allied Blenders and Distillers IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Allied Blenders and Distillers on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Allied Blenders and Distillers IPO at Alice Blue in just a few clicks!

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