Latest news with #MonicaAlcobev
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Business Standard
16-07-2025
- Business
- Business Standard
Monica Alcobev IPO fully booked on Day 1, NIIs lead demand; GMP flat
Monica Alcobev IPO subscription status Day 1: The initial public offering (IPO) of Monica Alcobev opened for subscription today, July 16, 2025. The SME public issue is receiving a decent response from investors, as the issue was fully subscribed within a few hours after opening. The issue was subscribed around 1.01 times as of 2:30 PM on Wednesday, day 1 of the offering, according to data from the BSE SME platform. The issue received bids for 4.21 million equity shares compared to the issue size of 4.18 million shares. The demand was primarily driven by non-institutional investors (NIIs) who subscribed to the allotted quota by 2.60 times, followed by qualified institutional buyers (QIBs) at 59 per cent and retail investors at 21 per cent. Monica Alcobev IPO GMP On Wednesday, the unlisted shares of Monica Alcobev were trading flat at ₹286, the upper end of the price band of ₹271 to ₹286, according to sources tracking unofficial markets. Monica Alcobev IPO details The three-day subscription window for the initial public offering will close on Friday, July 18, 2025. The basis of allotment of shares is likely to be finalised on Monday, July 21, 2025. Shares of Monica Alcobev will be listed on the BSE SME platform tentatively on Wednesday, July 23, 2025. Monica Alcobev IPO, worth ₹165.63, comprises a fresh issue of 4.79 million equity shares and an offer for sale (OFS) of 10 million equity shares. Deven Mahendrakumar Shah and Rhetan Estate are the selling shareholders. The company has reserved around 50 per cent of the issue for qualified institutional buyers (QIBs), 35 per cent for retail investors and 15 per cent for non-institutional investors (NIIs). Monica Alcobev has set the price band in the range of ₹271 to ₹286 per share. Retail investors would require a minimum investment amount of ₹2,28,800 shares to buy two lots comprising 400 shares each. High net-worth individuals would need ₹3,43,200 to bid for three lots. MUFG Intime India, formerly Link Intime, is the registrar for the issue. Marwadi Chandrana Intermediaries is the sole book-running lead manager. According to the red herring prospectus (RHP), the company plans to utilise the net issue proceeds to meet working capital requirements, repayment of debt and general corporate purposes. About Monica Alcobev Monica Alcobev offers a diverse portfolio of premium and luxury alcoholic beverages. The company specialises in importing, sales, distribution, and marketing for luxury spirits, wines and liqueurs throughout India and the Indian subcontinent, including Travel Retail Duty Free Shop. The company holds exclusive selling rights to more than 70 renowned global brands for India and the Indian Subcontinent countries and is responsible for their strategic brand development and market expansion.
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Business Standard
11-07-2025
- Business
- Business Standard
IPO calendar: Quiet week ahead with 3 IPOs, 6 listings on the cards
IPO Calendar: Following a busy week, the Indian primary market activity is expected to remain muted next week, from Monday, July 14, 2025, to Friday, July 19, 2025, as only one mainline offering is scheduled to open for public subscription. Similarly, in the Small and Medium-sized Enterprises (SME) segment, only two new public issues are scheduled to open. In addition, two companies in the mainline segment and four in the SME segment will make their debut on the bourses. Here are the key details of upcoming IPOs next week: Anthem Biosciences IPO Anthem Biosciences is an entire offer for sale of 59.6 million equity shares. The mainline offering will open for public subscription on July 14 and close on July 16. The allotment of shares is expected to be finalised on July 17. The company will make its debut on the bourses tentatively on July 21. The company has set the price band in the range of ₹540 to ₹570. KFin Technologies is the issue registrar. JM Financial, Citigroup Global Markets India, JP Morgan India and Nomura Financial Advisory and Securities (India) are the book-running lead managers. In the SME segment, Spunweb Nonwoven and Monica Alcobev will open for public subscription on July 14 and July 16, respectively. Spunweb Nonwoven IPO Spunweb Nonwoven IPO is scheduled to open for subscription on Monday, July 14, 2025, and close on Wednesday, June 16, 2025. The ₹60.98 crore offering comprises a fresh issue of 6.35 million equity shares. Spunweb Nonwoven IPO will be available for subscription at a price band of ₹90-96 apiece, and a lot size of 1200 shares. Accordingly, a retail investor can bid for a minimum of two lots or 2,400 shares, with the minimum amount required at ₹2,30,400. MUFG Intime India is the registrar of the issue. Monica Alcobev IPO The public offering of Monica Alcobev is set to open for subscription on Wednesday, July 16, 2025, and close on Friday, July 18, 2025. Monica Alcobev IPO is a book-built issue of ₹153.68 crore, comprising a fresh issue of 4.79 million equity shares and an offer for sale (OFS) of 1 million shares. The price band is set at ₹271-286 per share, and the lot size is 400 shares. A retail investor can bid for a minimum of 800 shares, requiring a minimum investment of ₹2,28,8800. The basis of allotment is expected to be finalised on Monday, July 21, 2025, and the shares are scheduled to be listed on BSE SME, tentatively on Wednesday, July 23, 2025. Upcoming IPO listings next week In the mainboard segment, shares of Travel Food Services will be listed on the exchanges on Monday, July 11, 2025. Smartworks Coworking Spaces will debut on the bourses on Thursday, July 17, 2025. The SME platforms will also remain active next week, with 4 companies scheduled to make their debut on the SME platforms. Chemkart India and Smarten Power Systems will be listed on Monday, July 14, 2025. Glen Industries and Asston Pharmaceuticals will make their debut on the BSE SME platform tentatively on July 15 and July 16, respectively.
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Business Standard
10-07-2025
- Business
- Business Standard
Monica Alcobev IPO opens on July 16: Here's all you need to know
Monica Alcobev IPO: The initial public offering (IPO) of luxury alcoholic beverage importer Monika Alcobev will open for public subscription on Wednesday, July 16, 2025. The book building issue comprises a fresh issue of 4.9 million equity shares and an offer for sale (OFS) of 1 million equity shares. According to the red herring prospectus (RHP), the company has reserved not more than 50 per cent of the issue for qualified institutional buyers (QIBs), not less than 35 per cent for retail investors, and 15 per cent for non-institutional investors (NIIs). Here are the key details of Monica Alcobev IPO: Monica Alcobev IPO key dates According to the RHP, the three-day subscription window will, tentatively, close on Friday, July 18, 2025. The basis of the allotment of shares is likely to be finalised on Monday, July 21, 2025. Shares of Monica Alcobev will be listed on the BSE SME platform, tentatively, on Wednesday, July 23, 2025. However, the lot size and price band have not been disclosed yet. Monica Alcobev IPO registrar, lead manager MUFG Intime India, formerly Link Intime, is the issue registrar. Marwadi Chandarana Intermediaries is the sole book-running lead manager. Monica Alcobev IPO objective According to the RHP, the company plans to use the net fresh issue proceeds for working capital requirements, repayment of debt and general corporate purposes. About Monica Alcobev Monica Alcobev offers a diverse portfolio of premium and luxury alcoholic beverages. The company specialises in importing, sales, distribution, and marketing for luxury spirits, wines and liqueurs throughout India and the Indian subcontinent, including Travel Retail Duty Free Shop. The company holds exclusive selling rights to more than 70 renowned global brands for India and the Indian Subcontinent countries and is responsible for their strategic brand development and market expansion. Monica Alcobev holds a 19 per cent share in tequila imports, 7.5 per cent share in liqueurs imports, 1.9 per cent share in gin and geneva imports, and 12.3 per cent share in the rum segment, according to the Technopark Report. Monica Alcobev financial overview In the financial year 2024-25 (FY25), Monica Alcobev reported revenue from operations of ₹236.24 crore, up 24.8 per cent from ₹189.20 crore in the previous financial year. Its profit after tax (PAT) stood at ₹23.1 crore, up nearly 39.2 per cent from 16.59 crore in the FY24.
