Monika Alcobev IPO
Open SmeCurrent GMP
₹10 (+3.50%)
Price Band
₹ 271 – 286
Lot Size
400
Issue Size
₹153.68 Cr
Minimum Investment
₹228800 (800 Shares)
Listing Date
23 July 2025
Subscription
2.94x
About the Company
Established in 2015, Monika Alcobev Limited is a leading importer and distributor of premium and luxury alcoholic beverages across India and the Indian Subcontinent. The company’s extensive portfolio features over 70 globally recognized brands, including iconic names such as Jose Cuervo, Bushmills, Rémy Martin, Cointreau, and Onegin Vodka.
Operating in India, Nepal, Sri Lanka, the Maldives, and Bangladesh, Monika Alcobev serves a wide range of channels, including HORECA, retail, and travel retail/duty-free. The company is supported by a dedicated team of over 190 professionals and a robust logistics and distribution infrastructure, ensuring seamless operations and exceptional customer experiences.
Market Presence & Performance
- Monika Alcobev holds a 19.0% share in tequila imports, 12.3% in rum, 7.5% in liqueurs, and 1.9% in gin and geneva categories.
- The company’s exclusive selling rights for several marquee brands are secured through Letters of Authorization, enabling Monika Alcobev to command the highest per-case realization in the industry at INR 17,017.
- Distribution spans across 20+ Indian states, with a network anchored by six strategically located bonded warehouses, including a central hub at Nhava Sheva, Mumbai.
Competitive Strengths
- Efficient Supply Chain: Bonded warehouses ensure optimized logistics and compliance efficiency.
- Diverse Portfolio: A strong lineup of premium and luxury brands across multiple alcobev categories.
- High Entry Barriers: Operates in a sector with significant regulatory and logistical barriers, limiting new entrants.
- Established Customer Relationships: Long-standing ties with clients across HORECA and retail segments.
- Experienced Team: A seasoned leadership and workforce with deep industry expertise.
As of March 31, 2025, Monika Alcobev employed 196 full-time staff, continuing its focus on strategic market expansion and impactful brand building across the region.
Promoters
- Bhimji Nanji Patel
- Kunal Bhimji Patel
Promoters Holding
Holding Pre Issue
79.96%
Holding Post Issue
62.08%
Objects of the Issue
The Company Monika Alcobev IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding working capital requirements of the Company
- Pre-payment or repayment of certain outstanding borrowings availed by the Company
- General Corporate Purposes
Address / Contact Info
Monika Alcobev Ltd.
2403, 24th Floor,Signature,
Suresh Sawant Road,
Off Veera Desai Road, Andheri (West),
Mumbai, Maharashtra, 400053
Phone: +91 022 6578 111
Email: investors.relation@monikaalcobev.com
Website: http://www.monikaalcobev.co/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 16 July 2025
IPO Close Date
Friday, 18 July 2025
Basis of Allotment
Monday, 21 July 2025
Initiation of Refunds
Tuesday, 22 July 2025
Credit of Shares to Demat
Tuesday, 22 July 2025
Listing Date
Wednesday, 23 July 2025 — NSE & BSE
Important Dates
Open Date
16 July 2025
Close Date
18 July 2025
Basis Of Allotment
21 July 2025
Listing Date
23 July 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 323.89 | 216.42 | 128.53 |
| Revenue | 238.36 | 191.28 | 140.36 |
| Profit After Tax | 23.11 | 16.6 | 13.03 |
| Net Worth | 96.01 | 58.53 | 17.12 |
| Reserve & Surplus | 79.35 | 56.24 | 15.12 |
| Total Borrowings | 174.1 | 123.16 | 72.06 |
EPS Pre
13.87%
EPS Post
10.78%
P/E Pre
20.61
P/E (Post Issue)
26.54x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 29.91 |
| ROCE % | 16.21 |
| Debt / Equity | 1.81 |
| RoNW % | 24.07 |
| PbW | 0 |
| Pat Margin % | 9.79 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 2685600 | 49.98 | 0 |
| Non-Institutional | 806400 | 15 | 0 |
| Retail Investors | 1881600 | 35.02 | 0 |
| Total | 5373600 | 100 | 0 |
Subscription Status ( Fri, 18 Jul 25 01:46 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 2685600 | 2736000 | 1.02x |
| Non-Institutional | 806400 | 7558800 | 9.37x |
| Retail Investors | 1881600 | 5488000 | 2.92x |
| Total | 5373600 | 15782800 | 2.94x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 800 | 228,800.00 |
| Retail (Max) | 2 | 800 | 228,800.00 |
| S-HNI (Min) | 3 | 1,200 | 343,200.00 |
| S-HNI (Max) | 8 | 3,200 | 915,200.00 |
| B-HNI (Min) | 9 | 3,600 | 1,029,600.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Marwadi Chandarana Intermediaries Brokers Pvt. Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Monika Alcobev IPO is a Book-building IPO worth ₹153.68 crores. The price band is ₹271 to 286 per share. The IPO opens on Wed, Jul 16, 2025 and closes on Fri, Jul 18, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Monika Alcobev IPO opens on Wed, Jul 16, 2025 and closes on Fri, Jul 18, 2025
Monika Alcobev IPO Price Band is ₹271 to 286.
Monika Alcobev IPO lot size is 400, and the minimum amount required for application is ₹228800.
The minimum investment for Monika Alcobev IPO is approximately ₹228800 based on the upper price band.
To apply for the Monika Alcobev IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Jul 18, 2025. After submission, funds are blocked until the basis of allotment of Monika Alcobev IPO is finalised.
Monika Alcobev IPO issue size is ₹153.68 crores.
Monika Alcobev IPO allotment date is Sat, Jun 27, 2026.
The registrar for Monika Alcobev IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Monika Alcobev IPO through their official website or helpline.
The Monika Alcobev IPO GMP (Grey Market Premium) is ₹1 as of Tue, Jul 22, 2025. Based on the upper price band of ₹286 per share, the estimated Monika Alcobev IPO listing price is ₹287, indicating a potential listing gain of approximately 31% over the issue price.