Allied Blenders: ₹3355 Cr Shares Free on Jan 2, 114% Above IPO Price

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Moneycontrol•01-01-2026, 16:20
Allied Blenders: ₹3355 Cr Shares Free on Jan 2, 114% Above IPO Price
- •Allied Blenders' ₹3355 crore shares (20% equity) become eligible for trading on January 2.
- •These shares are currently valued 114% above their IPO price; the company listed in July 2024.
- •The share has strengthened by 40% in 6 months; promoters hold an 80.91% stake.
- •Company's market cap stands at ₹16800 crore; reported ₹71.80 crore net profit in Sep 2025 quarter.
- •HDB Financial Services also sees 48.15 crore shares (58% equity) freed on January 2.
Why It Matters: Allied Blenders sees ₹3355 Cr shares freed, HDB Financial Services also impacted by lock-in expiry.
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