The IPO of Allied Blenders and Distillers, subscribed over 4 times on its third and final day. NIIs show strong interest with a 14x subscription, followed by retail investors at 2.89x. However, the QIB portion lags at 21%. The IPO combines a Rs 1,000 crore fresh equity sale and OFS of 1.77 crore shares, allowing promoters Bina Kishore Chhabria and Resham Chhabria Jeetendra to reduce their stakes.
