The Allied Blenders IPO GMP is set to open on June 25, aiming to raise ₹1500 crores. The IPO price band is set at ₹267 to ₹281, with a market lot of 53 shares. Allied Blenders is the largest Indian-owned company producing Indian-made foreign liquor (IMFL) and the third-largest IMFL company in India by annual sales volumes from Fiscal 2014 to Fiscal 2022 (source: Technopak Report). They are one of the only four spirits companies in India with a nationwide sales and distribution footprint and a leading exporter of IMFL. In Fiscal 2023, they held an estimated 11.8% market share in the Indian whisky market by sales volume.
Allied Blenders IPO GMP
The latest GMP for Allied Blenders and Distillers IPO is ₹41.50, last updated on June 30, 2024, at 5:31 PM. Based on the upper price band of ₹281.00, the estimated listing price is ₹322.5 (cap price + today’s GMP), representing an expected gain of 14.77% per share.
Check Also: Allied Blenders and Distillers IPO Date, Review, Price, Allotment Details
Key Rates:
Retail Subject to Sauda: ₹1700
Small HNI Subject to Sauda: ₹23800
We update GMP on a daily basis. Over the last 17 sessions, the GMP has shown a downward trend, with the current GMP at ₹41.50. The GMP has ranged from a low of ₹0 to a high of ₹87. Stay tuned for daily updates on the price trend of the Allied Blenders and Distillers IPO GMP and expected listing prices.
Note: The GMP prices provided are for informational purposes only. We do not trade or recommend trading in the grey market or Subject to Sauda rates.
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 30-06-2024 | 281 | ₹41.50 | 1700/23800 | ₹322.5 (14.77%) |
| 29-06-2024 | 281 | ₹40 | 1600/22400 | ₹321 (14.23%) |
| 28-06-2024 | 281 | ₹50 | 2000/28000 | ₹331 (17.79%) |
| 27-06-2024 | 281 | ₹57 | 2300/32200 | ₹338 (20.28%) |
| 26-06-2024 | 281 | ₹77 | 3100/43400 | ₹358 (27.4%) |
| 25-06-2024 | 281 | ₹87 | 3500/49000 | ₹368 (30.96%) |
| 24-06-2024 | 281 | ₹82 | 3300/46200 | ₹363 (29.18%) |
| 23-06-2024 | 281 | ₹74 | 3000/42000 | ₹355 (26.33%) |
| 22-06-2024 | 281 | ₹75 | 3000/42000 | ₹356 (26.69%) |
| 21-06-2024 | 281 | ₹69 | 2800/39200 | ₹350 (24.56%) |
IPO Grey Market Premium (GMP)
The grey market premium (GMP) is the price at which an IPO is traded in an unofficial and unregulated grey market before its listing. The GMP indicates how an IPO might perform on its listing day. A positive GMP suggests that the IPO is likely to open at a profit, while a negative GMP indicates it might open at a discount.
It’s important to note that the IPO GMP can be highly volatile. Making an investment decision based solely on the GMP of the Allied Blenders and Distillers IPO can be risky. Therefore, consider all relevant factors and make an informed decision before investing in the Allied Blenders and Distillers IPO.
Allied Blenders and Distillers IPO Dates
Stay updated with the latest information on the Allied Blenders and Distillers IPO.
| IPO Activity | Date |
| IPO Open Date | 25-06-2024 |
| IPO Close Date | 27-06-2024 |
| Basis of Allotment | 28-06-2024 |
| Refunds Initiation* | 01-07-2024 |
| Credit of Shares to Demat Account* | 01-07-2024 |
| IPO Listing Date* | 02-07-2024 |
DISCLAIMER:
None of the financial information published herein should be interpreted as an offer to buy or sell securities or as financial advice of any kind. All information presented here is for educational and informational purposes only and should not be considered as a basis for making investment decisions under any circumstances. Readers are strongly advised to seek advice from a qualified financial advisor before making any investment decisions based on the information provided here.
Any reader who chooses to act on the information published herein does so at their own risk. It is important for investors to understand that investments in equity markets carry inherent risks that are subject to market fluctuations and uncertainties. The author of this content does not intend to invest in the offering discussed.
Read More:
- IPO GMP, Latest IPO Grey Market Premium & Kostak Rates
- IPO Allotment Status: Check Allotment Status, Date, Allotment Link
- IPO Subscription Status: Live IPO Subscription Numbers 2024
1 thought on “Allied Blenders IPO GMP, Grey Market Premium 2024”