Alok Gupta, MD, ABD And Ramakrishnan Ramaswamy, CFO, ABD On` ₹1,500 Cr IPO & Plans For FY25

The Allied Blenders IPO is a Rs 1,500 crores IPO, consisting of a fresh issue of Rs 1,000 crores and an offer for sale of Rs 500 crores. The subscription for the IPO opens on June 25, 2024, and closes on June 27, 2024. The allotment is expected to be finalized on June 28, 2024. The price band is set between ₹267 and ₹281 per share, with a minimum lot size of 53 shares. Retail investors need a minimum investment of ₹14,893. Tune in as Alok Gupta, MD of ABD, and Ramakrishnan Ramaswamy, CFO of ABD, discuss the IPO's objectives, financials, and future plans for FY25 with Business Today TV's Shail Bhatnagar.