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Allied Blenders and Distillers IPO Gains Momentum, Subscribed 1.51x by Day 2!

Allied Blenders and Distillers IPO reached a 1.51x total subscription by Day 2, with Employees leading at 5.08x, followed by NII, RIIs, and QIBs showing varied interest levels.
Allied Blenders and Distillers IPO Gains Momentum, Subscribed 1.51x by Day 2!

Allied Blenders and Distillers IPO  has seen diverse subscription rates by Day 2: QIBs at 0.14 times, Non-Institutional Investors at 2.98 times, RIIs at 1.65 times, and Employees at 5.08 times, cumulating in a total subscription of 1.51 times.

How To Check Allied Blenders and Distillers Limited IPO Subscription Status?

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Allied Blenders and Distillers Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Allied Blenders and Distillers IPO Allotment Status

The allotment date for the Allied Blenders and Distillers is set for June 28, 2024, with shares priced at a range of ₹267 to ₹281 per share and a face value of ₹ 2. The offering consists of lots of 53 shares, with bids accepted for these lots or their multiples. 

Allied Blenders and Distillers IPO Subscription Status

Allied Blenders and Distillers IPO  on Day 1 sees varied interest: QIBs at 0.02 times, Non-Institutional Investors at 0.87 times, Retail Individual Investors at 0.63 times, and Employees at 2.05 times. Overall, the total subscription stands at 0.51 times.

Allied Blenders and Distillers IPO Limited IPO Listing Date 

Allied Blenders and Distillers IPO is expected to be listed on the NSE SME on July 2, 2024.

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