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If you've applied for the Allied Blenders IPO, you're likely eager to know the allocation status. Well, the wait is over! The allotment process has been completed, and now you can easily check how many shares you've been allotted. You can do this by visiting the Link Intime India Private Ltd registrar website. Moreover, for those who didn't receive an allotment, rest assured, the refund process has also been finalized.
The allotment date for the Allied Blenders IPO has been confirmed, and allotments have been finalized. Investors who applied for the issue can now verify their allotment status on the registrar portal designated for Allied Blenders IPO, managed by Link Intime India Private Ltd. You can discover the number of shares allotted to you through the registrar's website. Additionally, the company has concluded the refund process for investors who were not allotted shares. The subscription period for Allied Blenders IPO commenced on June 25, 2024 and concluded on June 27, 2024.
On the third day of subscription, the Allied Blenders IPO witnessed 24.85 times subscription, indicating strong demand for the issue. The listing date is scheduled on July 2, 2024. Investors can ascertain their share allocation through the basis of allotment process and check their allotment status. For those who were not allocated shares, the refund process will commence on July 1, 2024. Those allotted shares will receive them in their demat accounts on July 1, 2024. The listing date for Allied Blenders IPO is confirmed to be July 2, 2024.
If you've applied for the Allied Blenders IPO, you can easily check your allotment status on the Link Intime’s website. Here's a simple guide to check your allotment status:
The following table outlines the allocation quotas for different categories, detailing both the number of shares and the percentage of the total share capital raised. However, it's primarily the quotas for retail and HNI investors that are of significant interest.
Category of Investors | Allocation of shares under IPO |
Reservation for Employees | 117,647 (0.22%) |
Anchor Allocation | 15,982,206 (30.00%) |
QIB Shares Offered | 10,654,804 (20.00%) |
NII (HNI) Shares Offered | 7,991,103 (15.00%) |
Retail Shares Offered | 18,645,907 (35.00%) |
Total Shares Offered | 53,274,020 (100%) |
Data Source: BSE
Let's now examine how different categories of investors participated in placing their bids for the IPO of Allied Blenders.
Next, let's delve into the level of subscription. The table below illustrates the degree of subscription for each category, along with the overall subscription for Allied Blenders.
Category | Subscription Status |
Qualified Institutional Buyers (QIB) | 53.01 |
S (HNI) ₹2 lakhs to ₹10 lakhs | 22.75 |
B (HNI) Above ₹10 lakhs | 39.76 |
Non Institutional Investors (NII) | 34.09 |
Retail Individuals | 4.73 |
Employees | 10.44 |
Overall Subscription | 24.85 |
Data Source: BSE
The response to the IPO of Allied Blenders was generally considered strong. The QIB portion witnessed a subscription of 53.01 times, while the HNI/NII portion saw a subscription of 34.09 times. The Retail portion experienced a subscription of 4.73 times, culminating in an overall subscription of 24.85 times for the IPO.
Disclaimer:Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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