Monika Alcobev IPO Details
The Monika Alcobev IPO is a book build issue with a total issue size of ₹153.68 cr, comprising of fresh issue of 4373600 equity shares., and a offer for sale of 1000000 equity shares. Monika Alcobev IPO opened for subscription on Jul 16, 2025 and closed on Jul 18, 2025. Monika Alcobev IPO is set price band at ₹271 to ₹286 per share, with a lot size of 400 shares. Minimum investment for Retail investors was ₹228,800.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jul 21, 2025, and listed on both the NSE and BSE on Jul 23, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. Marwadi Chandarana Intermediaries Brokers Pvt. Ltd are the Book Running Lead Manager for the issue.
Before investing in the Monika Alcobev IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 271 – 286
- Lot Size
- 400
- Issue Size
- ₹153.68 Cr
- Minimum Investment
- ₹228800 (800 Shares)
- Listing Date
- 23 July 2025
Current GMP
₹10 (+3.50%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Monika Alcobev Ltd
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.
Monika Alcobev IPO Promoters
- Bhimji Nanji Patel
- Kunal Bhimji Patel
Promoters Holding
Holding Pre Issue
79.96%
Holding Post Issue
62.08%
Monika Alcobev IPO Objective
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
Book Running Lead Managers
- Marwadi Chandarana Intermediaries Brokers Pvt. Ltd
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 with a total issue size of ₹153.68 crore. The Monika Alcobev IPO price band is ₹271 to 286 per share. The Monika Alcobev IPO subscription opens on Wed, Jul 16, 2025, and closes on Fri, Jul 18, 2025. The Monika Alcobev IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the Monika Alcobev IPO.
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 per share.
Monika Alcobev IPO lot size is 400 shares, Retail investors need a minimum investment of ₹228800 based on the upper price band
The minimum investment for Monika Alcobev IPO is ₹228800, based on one lot of 400 shares at the upper price band of ₹286 per share.
Investors can apply for the Monika Alcobev IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jul 18, 2025. The application amount remains blocked until the Monika Alcobev IPO allotment is finalized.
Monika Alcobev IPO issue size is ₹153.68 crores.
Monika Alcobev IPO allotment date is Wed, Jul 1, 2026.
The registrar for Monika Alcobev IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Monika Alcobev IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.