Monika Alcobev IPO
Monika Alcobev IPO Details
-
Open Date
16 Jul 2025
-
Close Date
18 Jul 2025
-
Listing Date
23 Jul 2025
- IPO Price Range
₹ 271 to ₹286
- IPO Size
₹ 153.68 Cr
- Listing Exchange
BSE SME
Monika Alcobev IPO Timeline
Monika Alcobev IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 16-Jul-25 | 1.09 | 4.11 | 0.30 | 1.34 |
| 17-Jul-25 | 1.09 | 3.96 | 0.82 | 1.57 |
| 18-Jul-25 | 2.54 | 8.86 | 2.92 | 4.08 |
Last Updated: 18 July 2025 6:35 PM by 5paisa
Established in 2015, Monika Alcobev Limited is a leading importer and distributor of luxury alcoholic beverages across India and the Indian subcontinent. The company’s expansive portfolio includes over 70 premium international brands such as Jose Cuervo, Bushmills, and Onegin Vodka. Monika Alcobev services various segments including HORECA, retail, and travel retail across countries like India, Sri Lanka, Nepal, Maldives, and Bangladesh. As of March 31, 2025, the firm employed 191 full-time staff.
Established in: 2015
MD: Kunal Bhimji Patel
Monika Alcobev Objectives
The company plans to utilise the net IPO proceeds towards:
Funding working capital requirements of the Company
Pre-payment or repayment of certain outstanding borrowings
General Corporate Purposes
Monika Alcobev IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹153.68 Cr |
| Offer For Sale | ₹125.08 Cr |
| Fresh Issue | ₹28.60 Cr |
Monika Alcobev IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 800 | ₹2,16,800 |
| Retail (Max) | 2 | 800 | ₹2,16,000 |
| S-HNI (Min) | 3 | 1,200 | ₹3,25,200 |
| S-HNI (Max) | 8 | 3,200 | ₹8,67,200 |
| B-HNI (Min) | 9 | 3,600 | ₹9,75,600 |
Monika Alcobev IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB | 2.54 | 10,75,200 | 27,36,000 | 78.250 |
| NII (HNI) | 8.86 | 8,06,400 | 71,41,200 | 204.238 |
| Individual Investors (IND category bidding for 2 Lots) | 2.92 | 18,81,600 | 54,88,000 | 156.957 |
| Total** | 4.08 | 37,63,200 | 1,53,65,200 | 439.445 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 140.36 | 191.28 | 238.36 |
| EBITDA | 24.67 | 32.14 | 46.19 |
| PAT | 13.03 | 16.60 | 23.11 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Assets | 128.53 | 216.42 | 323.89 |
| Share Capital | 2.00 | 2.29 | 16.66 |
| Total Borrowings | 72.06 | 123.16 | 174.10 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | -6.15 | -53.64 | -25.92 |
| Net Cash Generated From / (used in) investing activities | 1.03 | -13.49 | -26.03 |
| Net Cash Generated From / (used in) financing activities | -2.54 | 67.26 | 52.01 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -7.66 | 0.07 | 0.33 |
Strengths
1. Wide portfolio of 70+ premium international brands
2. Presence in five South Asian countries
3. Bonded warehouses ensure efficient supply chain
4. Strong relationships with HORECA and retail partners
Weaknesses
1. High debt levels with a debt/equity ratio of 1.81
2. Heavy reliance on imported products
3. Operations concentrated in the alcohol sector
4. Profitability sensitive to currency and duty changes
Opportunities
1. Rising demand for premium alcohol in India
2. Growing travel retail and hospitality segments
3. Potential to expand into new regional markets
4. Leveraging brand partnerships for exclusive distribution
Threats
1. Regulatory changes in alcohol import/export laws
2. Competition from domestic and international players
3. Fluctuations in foreign exchange rates
4. Dependency on licensing and government approvals
1. A dominant player in the premium liquor import and distribution space
2. Robust year-on-year growth in revenue and profitability
3. Strategic expansion and working capital allocation planned via IPO
4. Experienced promoters and efficient logistics infrastructure
1. Alcoholic beverage sector in India seeing steady premiumisation trend
2. High entry barriers due to licensing, regulatory and supply chain complexities
3. Demand growing across HORECA, retail, and travel retail channels
4. Increasing consumer preference for imported and global liquor brands
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FAQs
Monika Alcobev IPO opens on July 16, 2025, and closes on July 18, 2025.
The total Monika Alcobev IPO size is ₹153.68 crore.
The price band of Monika Alcobev IPO is ₹271 to ₹286 per share.
To apply for Monika Alcobev IPO, follow the steps given below:
- Login to your 5paisa account and select the issue in the current IPO section
- Enter the number of lots and the price at which you wish to apply for the Monika Alcobev IPO
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
You will receive the mandate notification to block funds in your UPI app.
The minimum lot size of Monika Alcobev IPO is 800 shares with a minimum retail investment of ₹2,16,800.
The allotment date of Monika Alcobev IPO is expected to be finalised on Jul 21, 2025.
Tentative listing date of Monika Alcobev IPO is July 23, 2025, on the BSE BSE platform.
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the book-running lead manager of Monika Alcobev IPO.
Monika Alcobev plans to utilise the IPO proceeds towards:
- Funding working capital requirements of the Company
- Pre-payment or repayment of certain outstanding borrowings
- General Corporate Purposes
Monika Alcobev 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: https://monikaalcobev.com/
Monika Alcobev IPO Register
MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: monikaalcobev.smeipo@in.mpms.mufg.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Monika Alcobev IPO Lead Manager
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.