Allied Blenders and Distillers share allotment likely today. Here's how you can check status
Allied Blenders and Distillers received a robust response from investors for its IPO with an overall subscription of 24 times at close. The company will likely finalise the share allotment today. Investors can check the status of their share allotment on the BSE or even by logging in to the registrar website.
Firstly, here's how you can know the status on BSE
Step 1: Visit the BSE Website (https://www.bseindia.com/investors/appli_check.aspx)
Step 2: Please select the issue name, that is the company's name in the drop down.
Step 3: Enter the application number or PAN number to check the allotment status.
To check the status of Allied Blenders and Distillers IPO allotment through the registrar, which is Bigshare Services in this case, kindly follow the below steps.
Step 1: Visit the Link Intime India website (https://linkintime.co.in/initial_offer/public-issues.html)
Step 2: Select Allied Blenders and Distillers IPO
Step 3: Enter the PAN details and click search to know the status
Allied Blenders and Distillers GMP
In the unlisted market, the company's shares are trading with a premium of Rs 56. This compares with an IPO price of 281, indicating a gain of 20% on listing day, which is fixed as July 2.
The proceeds from its fresh issuance will be utilised for prepayment or scheduled repayment of a portion of certain outstanding borrowings and balance for general corporate purposes.
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With a market share of over 8% per cent in
