
Consumer Goods · NSE / BSE
Allied Blenders and Distillers, incorporated in 2008, is a leading Indian-made foreign liquor company with a diverse portfolio of whisky, brandy, rum, vodka, and packaged drinking water under brands like Officer's Choice, Officer's Choice Blue, and Sterling Reserve. Officer's Choice Whisky, introduced in 1988, ranked among the world's top-selling whisky brands from 2016 to 2019. The company's products are available in 22 international markets across the Middle East, the Americas, Africa, Asia, and Europe. It operates a distillery in Rangapur, Telangana, spanning 74.95 acres with a built-up area of over 25,000 square meters, featuring an in-house distillation capacity of 54.75 million litres of extra neutral alcohol (ENA) annually. As of December 2022, Allied Blenders utilizes 30 bottling facilities across India, including both owned and contract bottling units, to support its large-scale operations.
Price Band
₹267 – ₹281
Issue Size
₹1500 Cr
Lot Size
53 shares
GMP
+21.0%
Est. Listing
₹340
at current GMP
Subscribed
24.72x
overall
Open
25 Jun 2024
Close
27 Jun 2024
Allotment
29 Jun 2024
Refund
30 Jun 2024
Demat Credit
1 Jul 2024
Listing
2 Jul 2024
Designated Registrar: Link Intime India Private Limited
Allotment Date
29 Jun 2024
Basis finalization
Refunds Initiate
30 Jun 2024
Mandate release
Demat Credit
1 Jul 2024
Shares in demat
Listing Debut
2 Jul 2024
Trading begins
Allied Blenders and Distillers Limited is bringing an initial public offering (IPO) in the Consumer Goods sector with an aggregate issue size of ₹1,500 Crores. The shares are offered at a price band of ₹267 to ₹281 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 53 shares (approx. ₹14,893 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-07-01, while un-allotted funds or UPI block mandates will be released on 2024-06-30.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.