Monika Alcobev IPO GMP is gaining strong attention among SME investors as the company prepares to launch its ₹165.6 crore public issue. Known for dealing in exclusive luxury liquor brands, Monika Alcobev will open its IPO from July 16 to July 18, with anchor bidding starting on July 15. The IPO listing is scheduled for July 23 on the BSE SME platform.
Monika Alcobev IPO: Mumbai-based Monika Alcobev, which sells premium and luxury liquor brands in India, is bringing another opportunity for investors. The company is bringing a public issue of Rs 165.6 crore, which will open on the SME platform next week. This issue will be the third largest SME IPO so far in the financial year 2025. Earlier, Safe Enterprises Retail Fixtures and Capital Numbers had launched issues worth more than Rs 169 crore.
Monika Alcobev IPO information?
Bids for the IPO can be placed from July 16 to July 18. At the same time, the anchor book for institutional investors will open on July 15. The allotment of shares will be decided by July 21 and its listing on the BSE SME platform will be on July 23. The price band of this issue has been fixed at Rs 271 to Rs 286 per share. A total of 57.91 lakh shares will be issued, out of which 47.91 lakh shares will be issued as a fresh issue and 10 lakh shares as Offer for Sale (OFS). The management of the IPO is with Marwari Chandrana Intermediaries Brokers.
Out of the Rs 137.03 crore raised from the IPO, the company will use Rs 100.6 crore for working capital and Rs 11.45 crore to repay the loan. As of March 2025, the company had a debt of Rs 174 crore.
Company information
The promoters of Monica Alcobev are Bhimji Patel and Kunal Patel, who hold 79.96% stake in the company. The remaining 20.04% shares are held by public investors, including 2.13% stake of Minerva Ventures Fund and a 1.07% stake of Karthik Sundar Iyer.
The company exclusively sells more than 70 international liquor brands for India and the Indian subcontinent. These include names like Jose Cuervo-Tequila, Bushmills-Irish Whiskey, Remy Martin-Cognac, Cointreau-Liquor, Choya and Belenkaya Vodka. Monica Alcobev claims that it has a 19% share in the import of tequila and 7.5% in the import of liquor in India.
If we look at the financial matters, the company's position has been strong there. Its profit in FY2025 increased by 39.3% to Rs 23.1 crore, which was Rs 16.6 crore last year. At the same time, revenue increased by 24.8% to Rs 236.1 crore.
Monika Alcobev IPO will open from July 16. By bringing an SME public issue of ₹165.6 crore, the company will raise funds for working capital and debt repayment. Know all the details on Finowings.
Monika Alcobev IPO: Exclusive dealer of luxury liquor brands to raise ₹165.6 crores through IPO
Monika Alcobev IPO is emerging as another big name in India's SME sector. This Mumbai-based company specializes in the exclusive import and sale of luxury and premium liquor brands. Monika Alcobev is bringing a public issue of ₹165.6 crores, for which bids can be placed from July 16 to July 18, while the issue will open for anchor investors on July 15. Listing is expected to happen on BSE SME platform on July 23.
Issue details:
Price band: ₹271 - ₹286 per share
Total number of shares: 57.91 lakh
Fresh issue: 47.91 lakh shares
OFS: 10 lakh shares
Issue manager: Marwadi Chandrana Intermediaries
Fund use:
Out of the ₹137.03 crore raised from the IPO, the company will use:
₹100.6 crore for working capital
₹11.45 crore to repay debt
(The company had a debt of ₹174 crore as of March 2025)
Promoters and investors:
The company's promoters Bhimji Patel and Kunal Patel hold 79.96% stake. At the same time, major investors like Minerva Ventures Fund and Karthik Sundar Iyer also have a stake.
Brands and market share:
Monica Alcobev sells more than 70 international brands like Jose Cuervo, Bushmills, Rémy Martin, Choya and Cointreau in India. It has a 19% share in tequila imports and 7.5% in liqueurs in India.
Financial performance (FY2025):
Profit: ₹23.1 crore (39.3% growth)
Revenue: ₹236.1 crore (24.8% growth)
Conclusion: Monika Alcobev IPO GMP Indicates Strong Market Buzz
With a robust financial track record, exclusive rights to over 70 premium liquor brands, and a strong market share in tequila and liqueur imports, Monika Alcobev IPO is generating significant investor interest. The current trends in the Monika Alcobev IPO GMP reflect growing demand in the SME segment, signaling a potentially rewarding listing for investors. Stay connected with Finowings for daily updates on Monika Alcobev IPO GMP, allotment news, and listing insights.
Stay tuned to Financings to know every latest update and GMP trends related to Monica Alcobev IPO.
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