Bookbuilding IPO | ₹166 Cr | Listed at BSE SME | Wed, Jul 16, 2025 - Fri, Jul 18, 2025

Monika Alcobev IPO is a book build issue of ₹165.63 crores. The issue is a combination of fresh issue of 0.48 crore shares aggregating to ₹137.03 crores and offer for sale of 0.10 crore shares aggregating to ₹28.60 crores.
Monika Alcobev IPO bidding started from Jul 16, 2025 and ended on Jul 18, 2025. The allotment for Monika Alcobev IPO was finalized on Jul 21, 2025. The shares got listed on BSE SME on Jul 23, 2025.
Monika Alcobev IPO price band is set at ₹286 per share. The lot size for an application is 400. The minimum amount of investment required by an individual investor (retail) is ₹2,28,800 (800 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (1,200 shares), amounting to ₹3,43,200.
Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Bhansali Value Creations Pvt.Ltd..
Refer to Monika Alcobev IPO RHP for detailed Information.
IPO Open
Wed, Jul 16, 2025
IPO Close
Fri, Jul 18, 2025
Issue Price
₹286 per share
Market Cap (Pre-IPO)
₹613.47 Cr
| IPO Date | 16 to 18 Jul, 2025 |
| Listed on | Wed, Jul 23, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹271 to ₹286 |
| Issue Price | ₹286 per share |
| Lot Size | 400 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 57,91,200 shares (agg. up to ₹166 Cr) |
| Reserved for Market Maker | 4,17,600 shares Bhansali Value Creations Pvt.Ltd. (agg. up to ₹12 Cr) |
| Fresh Issue (Ex Market Maker) | 43,73,600 shares (agg. up to ₹125 Cr) |
| Offer for Sale | 10,00,000 shares of ₹10 (agg. up to ₹29 Cr) |
| Net Offered to Public | 53,73,600 shares (agg. up to ₹154 Cr) |
| Share Holding Pre Issue | 1,66,58,761 shares |
| Share Holding Post Issue | 2,14,49,961 shares |
| BSE Script Code | 544451 |
| ISIN | INE0LCG01010 |
Monika Alcobev IPO comprises a total issue size of 57,91,200 shares. The net offer to the public is 53,73,600 shares, after excluding 4,17,600 shares allotted on a firm basis. Of the Net offer 26,85,600 (49.98%) are allocated to QIB, 8,06,400 (15.01%) allocated to NII 18,81,600 (35.02%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 26,85,600 | 49.98% | 46.37% |
| − Anchor Investor Shares Offered | 16,10,400 | 27.81% | |
| − QIB (Ex. Anchor) Shares Offered | 10,75,200 | 18.57% | |
| NII (HNI) Shares Offered | 8,06,400 | 15.01% | 13.92% |
| − bNII > ₹10L | 5,37,600 | 9.28% | |
| − sNII < ₹10L | 2,68,800 | 4.64% | |
| Retail Shares Offered | 18,81,600 | 35.02% | 32.49% |
| Firm Reservations | |||
| Market Maker Shares Offered | 4,17,600 | 7.21% | |
| Total Shares Offered | 57,91,200 | 100.00% | 100.00% |
Investors can bid for a minimum of 800 shares and in multiples of 400 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 800 | ₹2,28,800 |
| Individual investors (Retail) (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 IPO raises ₹46.06 crore from anchor investors. Monika Alcobev IPO Anchor bid date is July 15, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Jul 15, 2025 |
| Shares Offered | 16,10,400 |
| Anchor Portion (₹ Cr.) | 46.06 |
| Anchor lock-in period end date for 50% shares (30 Days) | Wed, Aug 20, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sun, Oct 19, 2025 |
Incorporated in 2015, Monika Alcobev Limited is an importer and distributor of luxury alcoholic beverages in India and the Indian Subcontinent.
With a portfolio exceeding 70 premium brands, Monika Alcobev offers a comprehensive range of spirits, wines, and liqueurs, including renowned names like Jose Cuervo, Bushmills, and Onegin Vodka.
The company operates across India, Nepal, Maldives, Sri Lanka, and Bangladesh, serving sectors such as HORECA, retail, and travel retail. With a dedicated team of over 250 professionals, Monika Alcobev ensures seamless logistics, distribution, and marketing to deliver exceptional alcobev experiences.
As on March 31, 2025, the company had 191 full-time employees.
Competitive Strengths:
Monika Alcobev Ltd.'s revenue increased by 25% and profit after tax (PAT) rose by 39% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 323.89 | 216.42 | 128.53 |
| Total Income | 238.36 | 191.28 | 140.36 |
| Profit After Tax | 23.11 | 16.60 | 13.03 |
| EBITDA | 46.19 | 32.14 | 24.67 |
| NET Worth | 96.01 | 58.53 | 17.12 |
| Reserves and Surplus | 79.35 | 56.24 | 15.12 |
| Total Borrowing | 174.10 | 123.16 | 72.06 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 100.64 |
| 2 | Pre-payment or repayment of certain outstanding borrowings availed by the Company | 11.45 |
| 3 | General Corporate Purposes | 7.77 |
| KPI | Mar 31, 2025 |
|---|---|
| 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 | Post IPO | |
|---|---|---|
| EPS (₹) | 13.87 | 10.78 |
| P/E (x) | 20.61 | 26.54 |
| Promoter Holding | 79.96% | 62.08% |
| Market Cap | ₹613.47 Cr. |
The Monika Alcobev IPO is subscribed 4.08 times on July 18, 2025 5:04:38 PM (Day 3). The public issue subscribed 2.92 times in the individual investors category, 2.54 times in the QIB category, and 8.86 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 2.54 | 10,75,200 | 27,36,000 | 0 |
| NII* | 8.86 | 8,06,400 | 71,41,200 | 0 |
| bNII (bids above ₹10L) | 12.38 | 5,37,600 | 66,53,600 | 8,459 |
| sNII (bids below ₹10L) | 3.37 | 2,68,800 | 9,05,200 | 8,459 |
| Individual Investors | 2.92 | 18,81,600 | 54,88,000 | 0 |
| Total | 4.08 | 37,63,200 | 1,53,65,200 | 8,459 |
Total Application : 8,459
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager fees [including underwriting] | 17.49 |
| 2 | Brokerage, selling commission and other uploading fees | 0.01 |
| 3 | Fees payable to Registrar to the Offer | 0.04 |
| 4 | Fees to the legal advisor, audit / chartered accountant fees | 0.04 |
| 5 | Advertising and marketing expenses | 0.11 |
| 6 | Fees payable to regulators including stock exchange | 0.18 |
| 7 | Printing and distribution expenses | 0.01 |
| 8 | Miscellaneous | 2.82 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹286.00 |
| Open | ₹288.00 |
| Low | ₹274.10 |
| High | ₹289.95 |
| Last Trade | ₹288.00 |
Lead Manager Reports
Monika Alcobev IPO is a SME IPO of 57,91,200 equity shares of the face value of ₹10 aggregating up to ₹166 Crores. The issue is priced at ₹286 per share. The minimum order quantity is 400.
The IPO opens on Wed, Jul 16, 2025, and closes on Fri, Jul 18, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Monika Alcobev IPO using UPI as a payment gateway. Zerodha customers can apply in Monika Alcobev IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Monika Alcobev IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Monika Alcobev IPO opens on Wed, Jul 16, 2025 and closes on Fri, Jul 18, 2025.
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.
You can apply in Monika Alcobev 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 Monika Alcobev IPO will be done on Monday, July 21, 2025, and the allotted shares will be credited to your demat account by Tue, Jul 22, 2025. Check the Monika Alcobev IPO allotment status.
The Monika Alcobev IPO listing date is on Wed, Jul 23, 2025.