
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
Overall Subscription
24.72x
Total Demand
QIB Multiplier
53.01x
Institutions & Funds
NII / HNI
34.05x
High Net-Worth
Retail (RII)
4.65x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 10,654,804 | 564,857,994 | 53.01x |
| NIB | 7,991,103 | 272,085,252 | 34.05x |
| HNIs(10L +) | 5,327,402 | 211,798,229 | 39.76x |
| HNIs (2-10L) | 2,663,701 | 60,287,023 | 22.63x |
| RETAIL | 18,645,907 | 86,757,714 | 4.65x |
| EMPLOYEES | 117,647 | 1,200,079 | 10.20x |
| Total | 45,400,564 | 1,196,986,291 | 24.72x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 7,180 | 53,730 | 7.48x |
| HNIs (2-10L) | 3,590 | 79,130 | 22.04x |
| RETAIL | 351,810 | 1,382,173 | 3.93x |
| Total Applications | 362,580 | 1,515,033 | 4.18x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Allied Blenders and Distillers Limited IPO is ₹59 per equity share. Based on the upper price band of ₹267 to ₹281 per equity share, the estimated listing price is ₹340 (+21.0% expected listing gain).
With a lot size of 53 shares and current GMP of ₹59, the expected profit per application lot is approx ₹3,127 (+21.0% gain). Minimum application cost is approx ₹14,893.
The Allied Blenders and Distillers Limited IPO aggregate issue size is ₹1,500 Crores with an equity price band set at ₹267 to ₹281 per equity share. The retail lot size is 53 shares requiring a minimum capital outlay of approx. ₹14,893.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 24.72x (Retail: 4.65x, QIB: 53.01x, NII: 34.05x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-06-29. Investors can verify status using PAN card or application number.
Allied Blenders and Distillers Limited shares are scheduled to list on NSE and BSE on 2024-07-02.