Monika Alcobev Ltd IPO

Monika Alcobev Ltd IPO

The Company is a leading player in the imported liquor sector, offering a diverse portfolio of premium and luxury alcoholic beverages. The Company specialises on importing, sales, distribution, and marketing for luxury spirits, wines, and liqueurs throughout India and the Indian Subcontinent including Travel Retail Duty Free Shop. It provides complete supply chain solution through its robust distribution network. Founded by Bhimji Nanji Patel and under the leadership of its Managing Director, Kunal Bhimji Patel, the Company has consistently worked toward reshaping the alcoholic beverage landscape.

Monika Alcobev Ltd IPO Details

Total Shares Offered

₹ 57,91,200

Offer to Public

10,00,000

Retail Max (Shares)

₹ 18,81,600

Pre Issue Promoters Holding

₹ 1,33,19,922

Exchange

BSE

Issue size

₹ 165.63 Cr

IPO Open Date

Jul 16, 2025

Close Date

Jul 18, 2025

Lot Size

800

Min Investment

₹ 2,16,800

Issue Type

Book Building - SME

Listing Date

Jul 23, 2025

Monika Alcobev Ltd IPO Dates

check-icon
Jul 16, 2025
Opening date
check-icon
Jul 18, 2025
Closing date
check-icon
Jul 21, 2025
Basis of Allotment
check-icon
Jul 22, 2025
Initiation of Refunds
check-icon
Jul 22, 2025
Credit of Shares
check-icon
Jul 23, 2025
Listing date

Details

SectorType
SectorTrading
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Monika Alcobev Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations32.1423.8619.96
EBITDA33.3724.9020.92
PAT23.1116.6013.03
Total Assets303.23209.51121.73
Share Capital16.662.292.00
Total Borrowings187.29125.5352.89
Operating Activities (Net Cash)24.3417.6413.99
Investing Activities (Net Cash)0.000.00-0.14
Financing Activities (Net Cash)187.29125.5352.89
Net Cashflow27.3813.740.78

About Monika Alcobev Ltd

Monika Alcobev Limited was originally formed as a partnership firm under the name `Monika Enterprise' (Partnership Firm) pursuant to a deed of partnership dated February 12, 2015 under the Indian Partnership Act, 1932 (Partnership Act). Subsequently, Fresh Certificate of Registration dated May 04, 2018 bearing number MU000009640 was issued by Registrar of Firms. The partnership firm was thereafter converted from `Monika Enterprise' into Public Limited Company under Section 366 Part I of Chapter XXI of the Companies Act, 2013, as `Monika Alcobev Limited' under the erstwhile Companies Act, 2013, pursuant to a certificate of incorporation dated January 17, 2022 issued by the Registrar of Companies, Central Registration Centre.

India's premium and luxury alco-beverage segment has demonstrated remarkable growth, reflecting shifting consumer preferences toward premiumization. The market has expanded from INR 12,291 Crores in 2019 to INR 28,751 Crores in 2024 and is projected to reach INR 50,000 Crores by 2029, driven by a strong CAGR of 18.5% (2019-24), followed by a sustained growth of 11.7% (2024-29). This upward trajectory has also led to a notable increase in market share, rising from 5.6% in 2019 to 8.8% in 2024 and expected to hit 10.0% by 2029.

The Company is a leading player in the imported liquor sector, offering a diverse portfolio of premium and luxury alcoholic beverages. The Company specialises on importing, sales, distribution, and marketing for luxury spirits, wines, and liqueurs throughout India and the Indian Subcontinent including Travel Retail Duty Free Shop. It provides complete supply chain solution through its robust distribution network. Founded by Bhimji Nanji Patel and under the leadership of its Managing Director, Kunal Bhimji Patel, the Company has consistently worked toward reshaping the alcoholic beverage landscape.

Peer Comparison:

  • No Listed Industry Peers

Monika Alcobev Ltd Key Points

Strengths

Bonded Warehouses ensuring Supply-Chain Efficiencies.

One of the leading player in the imported liquor sector, offering a diverse portfolio of premium and luxury alcoholic beverages.

Operating in Industry having high barriers to entry.

Long Standing Relationships with customers.

Experienced management team and qualified personnel with significant industry experience.

Risk

The company industry operates under a complex licensing and excise framework, which is subject to evolving laws, rules, and regulations, as well as legal uncertainties, including potential unfavorable interpretations of corporate and tax laws.

Dependence on exclusive selling rights and potential changes in market rights of the Company may adversely affect its business.

The company has long-standing relationship with its suppliers for the spirits and wines that the company distribute and market. An increase in the cost of, or a shortfall in the availability of such spirits and wines or its inability to leverage existing or new relationships with the company suppliers could have an adverse effect on its business and results of operations.

Strategy

Growth through entry into new categories of products.

Growth through increasing its width & depth of distribution.

Growth by increasing its offerings within states.

Retain and attract the best talent and develop a performance focused culture.

How To Apply for Monika Alcobev Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Monika Alcobev Ltd IPO?

close
Monika Alcobev Ltd's IPO offers shares for up to 137.03 It begins on Jul 16, 2025 and ends on Jul 18, 2025.

What is the price of the Monika Alcobev Ltd IPO?

close
The price of Monika Alcobev Ltd IPO ranges between ₹271 to ₹286 per share.

What are the open and close dates for the Monika Alcobev Ltd IPO?

close
The Monika Alcobev Ltd IPO opens on Jul 16, 2025 and closes on Jul 18, 2025.

When will the Monika Alcobev Ltd IPO be allotted?

close
The allotment for the Monika Alcobev Ltd IPO will be finalised on Jul 21, 2025. The shares will be listed on BSE and NSE on Jul 23, 2025.

What is the minimum lot size required for Monika Alcobev Ltd IPO?

close
The minimum lot size for Monika Alcobev Ltd IPO is 800 shares, priced between ₹271 to ₹286 per share.

What is the GMP of Monika Alcobev Ltd IPO?

close
The GMP (Grey Market Premium) of Monika Alcobev Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Monika Alcobev Ltd IPO?

close
To check the allotment status of Monika Alcobev Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Monika Alcobev Ltd IPO getting listed?

close
The Monika Alcobev Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 16, 2025, and closes on Jul 18, 2025. The allotment is finalised on Jul 21, 2025.

How do you apply for the Monika Alcobev Ltd IPO?

close
To apply for the Monika Alcobev Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

Join the Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions