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Live: Allied Blenders IPO opens for subscription; management on growth & future plans | IPO Watch

Allied Blenders and Distillers, the manufacturer of Officer's Choice whisky, has raised Rs 449 crore from institutional investors via anchor book on June 24. Nippon Life India, JM Financial Mutual Fund, LIC Mutual Fund, Jupiter India Fund, Troo Capital, BNP Paribas, and 360 One Special Opportunities Fund were among the leading investors in the anchor book. Among others, Goldman Sachs, Integrated Core Strategies (Asia), Societe Generale, Authum Investment and Infrastructure, Winro Commercial, MAIQ Growth Scheme, and LC Radiance Fund VCC also invested in the company. The IPO, comprising a fresh issue of shares worth Rs 1,000 crore and an offer-for-sale of shares worth Rs 500 crore by promoters is open for subscription. The final day for bidding the issue will be June 27. Catch Nandita Khemka in conversation with Alok Gupta, MD and Ramakrishnan Ramaswamy, CFO of the company to know more about the company’s expansion plans.

first published: Jun 25, 2024 11:36 am