Monika Alcobev Ltd IPO
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Monika Alcobev Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 57.91 L | ₹ 10 L | TBA | ₹ 133.2 L | BSE | ₹ 165.63 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 16 Jul, 25 | 18 Jul, 25 | 800 | ₹ 2,16,800 | Book Building - SME | 23 Jul, 25 |
Monika Alcobev Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Trading |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 5791200 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Monika Alcobev Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 23.86 | 19.96 | 2.81 |
| EBITDA | 24.90 | 20.92 | 2.98 |
| PAT | 16.60 | 13.03 | 1.78 |
| Total Assets | 209.72 | 121.73 | 81.69 |
| Share Capital | 2.29 | 2.00 | 2.00 |
| Total Borrowings | 125.73 | 52.89 | 44.56 |
| Operating Activities (Net Cash) | 17.64 | 13.99 | 1.95 |
| Investing Activities (Net Cash) | 0.00 | -0.14 | 0.00 |
| Financing Activities (Net Cash) | 125.73 | 52.89 | 44.56 |
| Net Cashflow | 13.74 | 0.78 | 8.43 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Monika Alcobev Ltd
Our Company 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.
Our Company is a leading player in the imported liquor sector, offering a diverse portfolio of premium and luxury alcoholic beverages. (Source: Technopak Report). Our 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 our Managing Director, Kunal Bhimji Patel, our Company has consistently worked toward reshaping the alcoholic beverage landscape.
Peer Comparison:
- No Listed Industry Peers
Monika Alcobev Ltd IPO 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 our width & depth of distribution.
- Growth by increasing our offerings within states.
- Retain and attract the best talent and develop a performance focused culture.
- 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.
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.
