IPO

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..

TWFG IPO: TWFG seeking to raise $100 million

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TWFG IPO

TWFG (The Woodlands Financial Group), a leading insurance distributor in the United States, has filed for an IPO on the Nasdaq under the ticker symbol TWFG. The company is seeking to raise $100 million through the offering. TWFG distributes property and casualty insurance with a focus on personal and small business lines. It operates a Read more: TWFG IPO: TWFG seeking to raise $100 million..

Stanley Lifestyles IPO: subscribed 4.5 times, NIIs strong response

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Stanley Lifestyle IPO

Stanley Lifestyles IPO, which opened on June 21, 2024, has received a strong response from investors and NIIs by the end of the second day. Overall, the IPO was subscribed 4.5 times by the end of the second day. Non-Institutional Investors (NIIs) subscribed 7.01 times of allotted quota and retail investors were subscribed over 5.51 Read more: Stanley Lifestyles IPO: subscribed 4.5 times, NIIs strong response..