Monika Alcobev IPO
GMP, Subscription, Price, Dates & Financial Details
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,…
Open Date
Wed, 16 Jul 2025
Close Date
Fri, 18 Jul 2025
Price Band
₹ 271 – 286
Lot Size
400
Issue Size
₹ 153.68 Cr
Minimum Investment
₹ 228,800 (800 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Monika Alcobev IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹153.68 Crore, comprising a fresh issue of 43.74 Lakh equity shares aggregating to ₹125.08 Crore and an offer for sale (OFS) of 10.00 Lakh equity shares aggregating to ₹28.60 Crore by the existing shareholders.
The Monika Alcobev IPO remained open for subscription from July 16, 2025, to July 18, 2025. The basis of allotment was finalized on July 21, 2025, and the company's shares were listed on BSE SME Platform on July 23, 2025.
The company had fixed the price band at ₹271 to ₹286 per share, with a lot size of 400 shares. Retail investors were required to make a minimum investment of ₹228,800 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Marwadi Chandarana Intermediaries Brokers Pvt. Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Monika Alcobev Ltd is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Monika Alcobev IPO Timeline (Tentative)
- IPO Open Date
- Wed, 16 Jul 25
- IPO Close Date
- Fri, 18 Jul 25
- Basis of Allotment
- Mon, 21 Jul 25
- Initiation of Refunds
- Tue, 22 Jul 25
- Credit of Shares to Demat
- Tue, 22 Jul 25
- Listing Date
- Wed, 23 Jul 25 — NSE & BSE
Open Date
16 July 2025
Close Date
18 July 2025
Basis Of Allotment
21 July 2025
Listing Date
23 July 2025
IPO Subscription
Check Live Subscription →The Monika Alcobev IPO has received bids for 1,57,82,800 shares against 53,73,600 shares offered, resulting in an overall subscription of 2.94x. the NII category is subscribed 9.37x, Retail Investors 2.92x, and QIBs 1.02x.
QIB
1.02x
NII
9.37x
RII
2.92x
Total
2.94x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 18,81,600 shares, representing 35.02% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 26,85,600 shares (49.98%), while Non-Institutional Investors (NIIs) receive 8,06,400 shares (15%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 2,685,600 | 49.98% |
| Non-Institutional | 806,400 | 15% |
| Retail Investors | 1,881,600 | 35.02% |
| Total | 5,373,600 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Monika Alcobev Ltd KPI Information
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 29.91 |
| ROCE % | 16.21 |
| Debt / Equity | 1.81 |
| RoNW % | 24.07 |
| Pat Margin % | 9.79 |
Peers Comparison
No Peer Comparision Available
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
Monika Alcobev Ltd Address / Contact Details
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
Monika Alcobev IPO Lot Size
The Monika Alcobev IPO has a lot size of 400 shares. Retail investors require a minimum investment of ₹2,28,800 by applying for 2 lot (800 shares). The maximum application allowed for the retail category is 2 lots (800 shares), requiring an investment of ₹2,28,800.
| 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 |
Issue Reservation
- QIB — 49.98%
- NII — 15%
- RII — 35.02%
Book Running Lead Managers
- Marwadi Chandarana Intermediaries Brokers Pvt. Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Monika Alcobev 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.
When will the Monika Alcobev IPO open for subscription?
The Monika Alcobev IPO opens on Wed, Jul 16, 2025 and closes on Fri, Jul 18, 2025
What is Monika Alcobev IPO Price Band?
Monika Alcobev IPO Price Band is ₹271 to 286 per share.
What is Monika Alcobev IPO Lot Size?
Monika Alcobev IPO lot size is 400 shares, Retail investors need a minimum investment of ₹228800 based on the upper price band
What is the minimum investment for Monika Alcobev IPO?
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.
How to apply for Monika Alcobev IPO?
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.
What is Monika Alcobev IPO Issue Size?
Monika Alcobev IPO issue size is ₹153.68 crores.
What is the Monika Alcobev IPO Allotment Date?
Monika Alcobev IPO allotment date is Mon, Jul 21, 2025.
Who is the Monika Alcobev IPO Registrar?
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.
What is the Monika Alcobev IPO GMP?
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 0.35% over the issue price.
Who is the Monika Alcobev IPO Lead Manager?
The book-running lead managers (BRLMs) for the Monika Alcobev IPO are Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Monika Alcobev IPO Red Herring Prospectus (RHP).