Allied Blenders and Distillers Ltd

Allied Blenders and Distillers IPO subscribed 23.5X overall with NII at 32.40X | Here’s Why

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Allied Blenders and Distillers IPO subscribed

Allied Blenders and Distillers IPO was subscribed 23.5 times(X) overall. The QIB (Qualified Institutional Buyers) portion was subscribed 50.37 times. Further, NII (Non-Institutional Investors) portion was subscribed 32.40 times. Allied Blenders and Distillers IPO is expected to announce its share allotment status today, Friday, June 28, 2024. ABD Shares are expected to be listed on Read more: Allied Blenders and Distillers IPO subscribed 23.5X overall with NII at 32.40X | Here’s Why..

Allied Blenders and Distillers IPO Details – Here’s Analysts View

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Allied Blenders and Distillers IPO

Allied Blenders and Distillers Ltd. (ABD) is an Indian alcoholic beverages company headquartered in Mumbai, India. It is the largest Indian-owned spirits company and the third largest spirits company in the world by volume. ABD is a major distributor of whisky, rum, brandy, vodka, and other spirits and exports to 22 countries around the world. Read more: Allied Blenders and Distillers IPO Details – Here’s Analysts View..