Allied Blenders IPO Subscribed 23.55 Times

Allied Blenders and Distillers, India's third-largest domestic IMFL company, concludes its 1,500-crore IPO with overwhelming demand, oversubscribed 23.55 times. The offering, featuring a price band of 267-281 apiece, saw robust interest across all investor categories, reflecting confidence in its diverse portfolio of whisky, brandy, rum, vodka, and gin.

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