Allied Blenders and Distillers Limited gets Sebi nod for ₹1500 crore IPO: Complete details here

Allied Blenders and Distillers received final not from the capital markets regulator Securities and Exchange Board of India (Sebi) to raise ₹1500 crore through an initial public offering (IPO). The company had refiled its IPO papers with Sebi on January 15, 2024. Under the issue, shares will offered at a face value of ₹2 and is a mix of fresh issue of up to ₹1000 crore and an offer for sale of up to ₹500 crore by promoters.

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