Allied Blenders and Distillers shares list at 14% premium over issue price

On BSE, Allied Blenders and Distillers share price today opened at ₹318.10 apiece, up 13.20% than the issue price.

Updated on: Jul 2, 2024, 10:31:04 IST

By HT News Desk

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Allied Blenders and Distillers shares debuted on the bourses today (July 2) opening on NSE at ₹320 per share, 13.88% higher than the issue price of ₹281. On BSE, Allied Blenders and Distillers share price today opened at ₹318.10 apiece, up 13.20% than the issue price. This comes as it was anticipated that the shares will open in the range of ₹315 to ₹333 apiece.

On BSE, Allied Blenders and Distillers share price today opened at ₹318.10 apiece, up 13.20% than the issue price.

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Of this, non-institutional investors purchased 32.40 times their allotted portion, qualified institutional buyers bid 50.37 times their reserved portion and retail investors subscribed to 4.51 times their allocated shares.

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Allied Blenders and Distillers shares list at 14% premium over issue price

On BSE, Allied Blenders and Distillers share price today opened at ₹318.10 apiece, up 13.20% than the issue price.

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Read more: Adani Group stocks Adani Ent, Adani Ports trade flat after Hindenburg response