Shivani Nyati, Head of Wealth at Swastika Investmart, stated that the listing price of Allied Blenders fell short of pre-listing expectations, which had anticipated a higher premium due to the strong investor response, with the IPO being subscribed 24.85 times. She suggested that the shortfall might have been a result of the high IPO valuation or concerns about the company's financial health and its position in a competitive industry landscape. The stock price had further declined since the listing, contributing to a cautious investor sentiment.
Allied Blenders and Distillers shares debut on D-Street with decent listing gains of 14%; should you buy, hold or sell? — Zee BusinessAllied Blenders IPO Listing, Share Price: Whisky maker's stock makes decent debut on NSE, BSE — ET NowStrong Listing: Allied Blenders And Distillers Shares Debut At 14% Premium From IPO Price On Exchanges — Good ReturnsAllied Blenders and Distillers Listing At Over 13% Gains: Should Investors Hold, Sell or Buy? — News 18Allied Blenders and Distillers lists at 14% premium over issue price — India TodayAllied Blenders and Distillers: Should you buy, sell or hold after listing? — MSNAllied Blenders and Distillers lists at 14% premium over issue price — MSNशराब कंपनी ने लिस्टिंग पर करा दी कमाई, एलाइड ब्लेंडर्स का बाजार में 13% प्रीमियम पर डेब्यू — Financial Express (Hindi)
