
Monika Alcobev Limited IPO
One of the established importers and distributors of premium alcoholic beverages in the Indian Subcontinent and India, Monika Alcobev Limited, is coming up with its IPO. The issue will be both a fresh issue of 47.91 lakh shares (aggregating to ₹137.03 crores) and an offer for sale of 10 lakh shares (aggregating to ₹28.60 crores), valuing at ₹153.68 crores. With the price set at ₹271 to ₹286 per share, the IPO opens for on July 16, 2025, and closes on July 18, 2025. The face value is ₹10 per share, and the lot size for each application in Monika Alcobev IPO is 400 shares. Retail investors must purchase a minimum of 2 lots, totaling 800 shares.
Founded in 2015, Monika Alcobev Limited is a key player in the high-end alcohol market. The company brings in and sells more than 70 top-notch brands, including big names like Jose Cuervo, Bushmills, and Onegin Vodka. Monika Alcobev does business in India, Nepal, the Maldives, Sri Lanka, and Bangladesh, catering to hotels, restaurants, cafes, shops, and travel retail. With a team of over 250 experts, the company ensures its smooth functioning from logistics, distribution, to marketing.
Operations and Product Range
Facility and DistributionMonika Alcobev runs a network of bonded warehouses. This setup boosts supply-chain productivity and helps smooth the distribution of its high-end product line. A committed team and strong logistics back up its operations. As a result, the company can cater to many markets throughout the Indian subcontinent.
Brand and Market Presence
The company is known for its wide variety of imported spirits, wines, and liqueurs, serving both luxury and premium markets. Monika Alcobev has developed strong relationships with global suppliers and Indian customers, becoming a preferred partner in the industry.
Revenue Channels
Monika Alcobev Limited generates revenue primarily through:
Imported Brand Distribution: The company's biggest source of income comes from bringing in and selling high-end and luxury alcoholic drinks under exclusive deals.
Retail & Institutional Sales: It provides products to retail chains, hotels, restaurants, and travel retail shops across the area.
HORECA Channel: It offers a chosen range of international brands to the hospitality industry.
Regional Exports: With its customer base spread over nearby countries like Nepal, Maldives, Sri Lanka, and Bangladesh.
Management & Shareholding
Promoters & ShareholdingThe promoters of Monika Alcobev Limited IPO are Bhimji Nanji Patel and Kunal Bhimji Patel. Before Monika Alcobev's IPO, promoters held 79.96% equity, which will reduce to 62.08% post-issue.
Board Members
The board includes Managing Director Kunal Bhimji Patel and Whole-time Director and Chairman Bhimji Nanji Patel. Independent directors Prasannakumar Baliram Gawde, Nayan Jagdishchandra Rawal and Jagruti Prashant Sheth also serve on the board.
Objective of the Monika Alcobev IPO

WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Monika Alcobev Limited IPO
GMP Date | IPO Price | GMP | Last Updated |
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- | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Monika Alcobev Limited IPO Details
Detail | Description |
---|---|
IPO Date | July 16, 2025 to July 18, 2025 |
Listing Date | July 23, 2025 (Tentative) |
Face Value | ₹10 per share |
Issue Price Band | ₹271 to ₹286 per share |
Lot Size | 400 Shares |
Sale Type | Fresh Issue + Offer for Sale |
Total Issue Size | 57,91,200 shares (₹153.68 Cr) |
Reserved for Market Maker | 4,17,600 shares (₹11.94 Cr) |
Fresh Issue (Ex MM) | 43,73,600 shares (₹125.08 Cr) |
43,73,600 shares (₹125.08 Cr) | 10,00,000 shares (₹28.60 Cr) |
Net Offered to Public | 53,73,600 shares (₹153.68 Cr) |
Issue Type | Bookbuilding IPO |
Listing At | BSE SME |
Shareholding Pre-Issue | 1,66,58,761 shares |
Shareholding Post-Issue | 2,14,49,961 shares |
Monika Alcobev Limited IPO Timeline
Detail | Description |
---|---|
IPO Open Date | Wed, Jul 16, 2025 |
IPO Close Date | Fri, Jul 18, 2025 |
Tentative Allotment | Mon, Jul 21, 2025 |
Initiation of Refunds | Tue, Jul 22, 2025 |
Credit of Shares to Demat | Tue, Jul 22, 2025 |
Tentative Listing Date | Wed, Jul 23, 2025 |
Cut-off time for UPI mandate | 5 PM on July 18, 2025 |
Monika Alcobev Limited IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Individual investors (Min) | 2 | 800 | ₹2,28,800 |
Individual investors (Max) | 2 | 800 | ₹2,28,800 |
S-HNI (Min) | 3 | 1,200 | ₹3,43,200 |
S-HNI (Max) | 8 | 3,200 | ₹9,15,200 |
B-HNI (Min) | 9 | 3,600 | ₹10,29,600 |
Monika Alcobev Limited IPO Promoter Holding
Share Holding Pre Issue | Share Holding Post Issue |
---|---|
79.96% | 62.08% |
Competitive Strength:
- ● Bonded Warehouses: Ensuring supply-chain efficiencies and smooth distribution.
- ● Leading Importer: Monika Alcobev Ltd. is a top player in the imported liquor sector with a diverse premium portfolio.
- ● High Barriers to Entry: Operates in an industry with major regulatory and operational barriers.
- ● Long-Standing Relationships: Strong connections with global suppliers and Indian customers.
- ● Experienced Management: Led by a knowledgeable team with extensive industry experience.
Monika Alcobev Limited IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
31 Mar 2025 | 323.89 | 238.36 | 23.11 | 96.01 | 174.10 | |||||||||||||||||||||||||||||||||||
31 Mar 2024 | 216.42 | 191.28 | 16.60 | 58.53 | 123.16 | |||||||||||||||||||||||||||||||||||
31 Mar 2023 | 128.53 | 140.36 | 13.03 | 17.12 | 72.06 | |||||||||||||||||||||||||||||||||||
Amount in ₹ Crore |
Key Performance Indicator
KPI | Values |
---|---|
ROE | 29.91% |
ROCE | 16.21% |
Debt/Equity | 1.81 |
RoNW | 24.07% |
PAT Margin | 9.79% |
EBITDA Margin | 19.56% |
Price to Book Value | 4.94 |
Pre IPO EPS (₹) | 13.87 |
Post IPO EPS (₹) | 10.78 |
Pre IPO P/E (x) | 20.61 |
Post IPO P/E (x) | 26.54 |
Pre IPO | Post IPO | |
---|---|---|
EPS (Rs) | ||
P/E (x) |
The objectives of the Monika Alcobev IPO are to:
- Funding the company's working capital needs (₹100.64 crores).
- Pre-pay or repay some outstanding loans (₹11.45 crores).
- Cover general corporate purposes.
Conclusion
Monika Alcobev's IPO offers investors a chance to invest in a leading and fast-growing importer and distributor of premium alcoholic beverages in India and the surrounding region. The company's strengths include efficient supply chains, a diverse and exclusive brand portfolio, and seasoned management. However, investors should also be aware of risks like high barriers to entry, regulatory issues, and substantial debt levels. The proceeds from Monika Alcobev's IPO will go toward working capital, paying off debt, and general corporate needs, which will support Monika Alcobev's ongoing growth and operational expansion
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Frequently asked Questions (FAQs )
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1. What is the Monika Alcobev IPO?
Monika Alcobev IPO is a SME IPO of 57,91,200 equity shares of the face value of ₹10, aggregating up to ₹153.68 Crores. The issue is priced at ₹271 to ₹286 per share. The minimum order quantity is 400.
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2. When does the IPO open?
The IPO opens on July 16, 2025, and closes on July 18, 2025. MUFG Intime India Private Limited is the registrar for the IPO.
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3. What is the minimum lot size for the Monica Alcobev IPO?
Monika Alcobev IPO lot size is 400, and the minimum amount required for application is ₹2,28,800, with 2 lots being the minimum application size.
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4. What is the listing date for the Monica Alcobev IPO?
The Monika Alcobev IPO listing date is not yet announced. The tentative date of the Monika Alcobev IPO listing is Wednesday, July 23, 2025.
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5. When is the Allotment for the Monica Alcobev IPO?
The finalization of the basis of Allotment for Monika Alcobev IPO will be done on Monday, July 21, 2025, and the allotted shares will be credited to buyers' demat accounts by Tuesday, July 22, 2025.