Bookbuilding IPO | ₹192 Cr | Listed at BSE, NSE | Thu, Nov 1, 2007 - Tue, Nov 6, 2007
Empee Distilleries IPO is a book build issue of ₹192.20 crores. The issue is entirely a fresh issue of 0.48 crore shares of ₹192.20 crore.
Empee Distilleries IPO bidding started from Nov 1, 2007 and ended on Nov 6, 2007. The shares got listed on BSE, NSE on Nov 26, 2007.
Empee Distilleries IPO price band is set at ₹400 per share. The lot size for an application is 15. The minimum amount of investment required by an retail is ₹6,000 (15 shares) (based on upper price). The lot size investment for sNII is 34 lots (510 shares), amounting to ₹2,04,000, and for bNII, it is 167 lots (2,505 shares), amounting to ₹10,02,000.
Almondz Global Securities Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue.
Refer to Empee Distilleries IPO RHP for detailed Information.
IPO Open
Thu, Nov 1, 2007
IPO Close
Tue, Nov 6, 2007
Issue Price
₹400 per share
Market Cap (Pre-IPO)
₹760.16 Cr
| IPO Date | 1 to 6 Nov, 2007 |
| Listed on | Mon, Nov 26, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹350 to ₹400 |
| Issue Price | ₹400 per share |
| Lot Size | 15 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 48,04,893 shares (agg. up to ₹192 Cr) |
| Fresh Issue | 48,04,893 shares (agg. up to ₹192 Cr) |
| Share Holding Pre Issue | 1,42,04,000 shares |
| Share Holding Post Issue | 1,90,04,000 shares |
| BSE Script Code / NSE Symbol | 532920 / EDL |
| ISIN | INE180G01019 |
Empee Distilleries IPO comprises a total issue size of 48,00,000 shares. Out of which, 24,00,000 (50.00%) are allocated to QIB, 7,20,000 (15.00%) allocated to NII 16,80,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 24,00,000 | 50.00% | NA |
| NII (HNI) Shares Offered | 7,20,000 | 15.00% | NA |
| Retail Shares Offered | 16,80,000 | 35.00% | 1,12,000 |
| Total Shares Offered | 48,00,000 | 100.00% |
Investors can bid for a minimum of 15 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 15 | ₹6,000 |
| Retail (Max) | 33 | 495 | ₹1,98,000 |
| S-HNI (Min) | 34 | 510 | ₹2,04,000 |
| S-HNI (Max) | 166 | 2,490 | ₹9,96,000 |
| B-HNI (Min) | 167 | 2,505 | ₹10,02,000 |
Incorporated in 1984, Empee Distilleries Limited is in the business of manufacturing Alcoholic Beverages. Empee Distilleries manufacture Indian Made Foreign Liquor (IMFL) and their distillery units are located in Tamil Nadu and Kerala. Company manufactures IMFL under its own brands as well as for other companies. The brands under Empee's portfolio are Old Secret XXX Rum, Power XXX Rum, Power Brandy, Mc Lene Ordinary Brandy, Mclene XXX Ordinary Rum, Power Whisky, Empee Napoleon Premium Brandy, Empee Fine Brandy, Commando XXX Rum, Club Polo Dry Gin, Club Royal Whisky, Elcanso Dark XXX Rum and Old Secret Brandy. The brands under tie up arrangement are Brihans Napoleon Premium Brandy, Brihans Premium Whisky.
Empee Distilleries is part of the Empee Group, a 40 years old business house involve in many business including Hotels, Liquor, Sugar, Power, Packaging, Transport, Construction and Exports. Empee Groups sugar and chemical business is already listed at BSE with name Empee Sugars & Chemicals Limited (500132).
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of 60 KLPD Grain Based Distillery Unit at Nellore District, Naidupet Sub-District, Pellakuru Mandal, Pellakuru Village, Andhra Pradesh. | 61.14 |
| 2 | Setting up of Blending & Bottling IMFL Plant at Nellore District, Naidupet Sub-District, Pellakuru Mandal, Pellakuru Village, Andhra Pradesh with a capacity of 0.70 Lakh cases per month. | 21.88 |
| 3 | . Setting up of 7.5 MW Bio-mass based Power Plant at Aranthangi Taluk, Pudukottai District, Tamil Nadu | 34.76 |
| 4 | Development of 2.00 Lakhs sq.ft. of residential space in Mevalorkuppam, Sriperumbudur Taluk, Kancheepuram, District Tamil Nadu | 31.07 |
| 5 | Expansion of our Existing Distillery Unit situated at Mevaloorkuppam, Sriperumbudur Taluk, Kanchipuram District, Tamil Nadu by augmenting the capacity of our Extra Neutral Alcohol Plant from 20KLPD to 70KLPD | 17.93 |
| 6 | Expansion of our Existing Distillery Unit situated at Mevaloorkuppam, Sriperumbudur Taluk, Kanchipuram District, Tamil Nadu by augmenting the capacity of the said distillery to handle 5.00 Lakh cases per month from the present 3.20 Lakh cases per month. | 5.09 |
| 7 | Relocation of Plant & Machinery purchased from Appollo Alchobev Limited to Village Arabikothanur, Panchayat-Vokkaleri Hobli, District Kolar, Karnataka along with expanding the existing capacity from 0.50 Lakh cases per month to 1.00 Lakh cases per month. | 10.21 |
| 8 | To meet General Corporate Purposes and | 27.12 |
| 9 | To meet the Expenses of this Issue. | 14.17 |
| KPI | |
|---|---|
| RoNW | 22.98% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 98.31% | 73.47% |
| Market Cap | ₹760.16 Cr. |
The Empee IPO is subscribed 6.87 times on November 6, 2007 5:00:00 PM (Day 4). The public issue subscribed 6.11 times in the retail category, 8.77 times in the QIB category, and 2.31 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management Fee | 3.36 |
| 2 | Registrars fees | 0.10 |
| 3 | Fee for Legal Counsel | 0.07 |
| 4 | Fee for IPO Grading | 0.08 |
| 5 | Printing and Distribution of Issue Stationery | 0.96 |
| 6 | Advertising and Marketing expenses | 8.64 |
| 7 | Other expenses (stamp duty, initial listing fees depository fees, charges for using the book building software of the exchanges and other related expenses) | 0.96 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹400.00 | ₹400.00 |
| Open | ₹400.00 | ₹462.30 |
| Low | ₹301.00 | ₹303.10 |
| High | ₹489.00 | ₹479.00 |
| Last Trade | ₹317.90 | ₹319.35 |
Lead Manager Reports
Empee Distilleries IPO is a main-board IPO of 48,04,893 equity shares of the face value of ₹10 aggregating up to ₹192 Crores. The issue is priced at ₹400 per share. The minimum order quantity is 15.
The IPO opens on Thu, Nov 1, 2007, and closes on Tue, Nov 6, 2007.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Empee Distilleries IPO using UPI as a payment gateway. Zerodha customers can apply in Empee Distilleries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Empee Distilleries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Empee Distilleries IPO opens on Thu, Nov 1, 2007 and closes on Tue, Nov 6, 2007.
Empee Distilleries IPO lot size is 15, and the minimum amount required for application is ₹6,000.
You can apply in Empee Distilleries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Empee Distilleries IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Empee Distilleries IPO allotment status.
The Empee Distilleries IPO listing date is on Mon, Nov 26, 2007.
