Allied Blenders Lock-in Period Expires January 2; Stock Up 114% from Issue Price
Allied Blenders & Distillers faces lock-in expiry on January 2, with 55.9 million shares (20% equity) worth ₹3,355 crore becoming tradeable. Despite Thursday's 2% decline, the stock has gained 114% from its issue price, demonstrating strong performance since listing. HDB Financial Services also sees concurrent lock-in expiry affecting ₹37,000 crore worth of shares.

*this image is generated using AI for illustrative purposes only.
Allied Blenders & Distillers shares traded over 2% lower on Thursday, January 1, ahead of the expiry of its six-month and longer shareholder lock-in period. The lock-in period concludes on Friday, January 2, marking a significant milestone for the alcoholic beverages company.
Lock-in Expiry Details
The expiry affects approximately 55.9 million shares, representing about 20% of Allied Blenders' outstanding equity. At Thursday's market price, these shares carry an estimated value of nearly ₹3,355 crore.
| Parameter: | Details |
|---|---|
| Shares Affected: | 55.9 million |
| Percentage of Equity: | ~20% |
| Current Value: | ₹3,355 crore |
| Lock-in Duration: | Six months and longer |
The expiry of the lock-in period does not automatically mean all these shares will be sold in the open market. The expiry simply makes these shares eligible for trading, providing shareholders with the option to trade if they choose.
Strong Stock Performance
Allied Blenders has demonstrated exceptional performance since its market listing, emerging as a notable outperformer in the alcoholic beverages sector. The stock has gained nearly 114% from its issue price at current market levels, showcasing strong investor confidence in the company's prospects.
| Performance Metric: | Details |
|---|---|
| Gain from Issue Price: | 114% |
| Thursday's Movement: | Down 2% |
| Sector: | Alcoholic Beverages |
| Market Cap Category: | Mid Cap |
Concurrent Market Activity
Alongside Allied Blenders, HDB Financial Services will also experience a lock-in expiry on Friday. The financial services company's six-month lock-in period concludes, making nearly 58% of its outstanding equity, or around 481.5 million shares, eligible for trading. At current prices, the value of HDB Financial Services shares becoming tradeable is close to ₹37,000 crore, with the stock continuing to trade above its IPO issue price of ₹740 per share.
Historical Stock Returns for HDB Financial Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.70% | -2.09% | +0.63% | -11.93% | -11.04% | -11.04% |
















































