Allied Blenders & Distillers Limited the largest Indian-owned Indian-made foreign liquor ("IMFL") company with a product range which includes five main categories, i.e., whisky, brandy, rum, vodka and gin has garnered Rs. 449.1 crore from anchor investors ahead of its initial public offering that opened for public subscription on Tuesday, June 25, 2024. The company informed the bourses that it allocated 1,59,82,206 equity shares at Rs. 281 per share on Monday, June 24, 2024, to anchor investors.
Foreign and Domestic Institutions who participated in the anchor were Nippon Life MF, JM Financial MF, LIC MF, Jupiter Indian Fund, The Jupiter Global Fund MF, Troo Capital Fund, BNP Paribas Financial Market, 360 One Special Opportunities Fund, Maiq MF, Authum Investment and Infrastructure Ltd, Winro Commercial (India) Ltd, Chartered Finance & Leasing Ltd, LC Radiance Fund VCC, Integrated Core Strategies (Asia) Pte Ltd, Societe Generale - ODI, and Goldman Sachs (Singapore) Pte - ODI.
Out of the total allocation of 1,59,82,206 equity shares to the anchor investors, 53,38,109 equity shares were allocated to 3 domestic mutual funds through a total of 4 schemes amounting to Rs. 150 crore (approx.) i.e. 33.40% of the Total Anchor Book Size.
ICICI Securities Limited, Nuvama Wealth Management Limited, and ITI Capital Limited are the book running lead managers and Link Intime India Private Limited is the registrar to the offer. The equity shares are proposed to be listed on BSE and NSE. |
