Monika Alcobev ₹166 Crore SME IPO Opens Today; Check All The Key Details Here
Monika Alcobev ₹166 crore SME IPO Opens Today, 16 July, 2025. The subscription window will remain open until Fri, Jul 18, 2025, and the basis of allotment will be finalised by Jul 21, 2025. Tentative listing on the BSE SME platform is Jul 23, 2025.
Offer Details
- Price Band: The IPO price band is set at ₹271 to ₹286 per share.
- Total Issue Size: ₹165.63 crore
- Fresh issue: 47.91 lakh shares (~₹137.03 cr)
- Offer for sale (OFS): 10 lakh shares (~₹28.60 cr) by existing shareholders Deven Mahendrakumar Shah and Rhetan Estate Private Limited.
- Lot Size:
- For individual investors: 2 lots (800 shares), requiring a minimum investment of ₹2,16,800.
- For HNIs: 3 lots (1200 shares), requiring a minimum investment of ₹3,43,200.
- Use of Proceeds: The net proceeds from the fresh issue will be used to
-
- Fund working capital requirements
- Repay/prepay outstanding borrowings
- General corporate purposes
- Book-running Lead Managers: Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the book-running lead manager for the IPO.
- Registrar: MUFG Intime India Private Limited is the registrar for the issue.
Click here to explore other Upcoming IPOs
Grey Market Premium (GMP)
On the first day of the IPO opening, the GMP for the Monika Alcobev IPO stood at Nil. The shares are estimated to list at par with the issue price of ₹286.
|
Source: LiveMint Report dated 16 July, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Click here to check out newly Listed IPOs
About Monika Alcobev
Monika Alcobev offers a wide range of premium and luxury alcoholic drinks. Their business covers everything from importing to selling, distributing, and promoting these drinks.
The company has exclusive rights to sell more than 70 well-known global liquor brands in India and the Indian Subcontinent, including José Cuervo (tequila), Bushmills (Irish whiskey), Rémy Martin (cognac), Cointreau (liqueur), etc.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
To read the RA disclaimer, please click here