The bidding window for the Monika Alcobev SME IPO was open from July 16, 2025, to July 18, 2025. The basis of allotment will be finalised today, July 21, 2025. Here’s how you can check the IPO allotment status.
Monika Alcobev's IPO is a book-building issue of ₹165.63 crores, consisting a fresh issue of a fresh issue of 47.91 lakh shares and an offer for sale of 10.00 lakh shares by existing shareholders Deven Mahendrakumar Shah and Rhetan Estate Private Limited.
The price band is set at ₹271 to ₹286 per share. The tentative listing on BSE is July 23, 2025.
Marwadi Chandarana Intermediaries Brokers Private Limited is the book-running lead manager, and MUFG Intime India Private Limited is the registrar for the issue.
The net proceeds from the fresh issue will be used to:
(July 18, 2025, end of the day)
Category |
Subscription (times) |
Qualified Institutional Investors (QIBs) |
2.54 |
Non-Institutional Investors |
6.18 |
Retail Individual Investors (RIIs) |
2.92 |
Total |
3.78 |
As of 21 July 2025, Monika Alcobev's IPO GMP stood at nil. The shares are expected to list at par with the issue price of ₹286.
Source: Business Standard Report dated 21 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. |
Monika Alcobev is engaged in the import, distribution, and marketing of high-end spirits, wines, and liqueurs. The company holds exclusive distribution and marketing rights for a curated portfolio of globally acclaimed brands across categories including whisky, vodka, rum, gin, tequila, cognac, and liqueurs.
Operating across India and neighbouring South Asian markets such as Sri Lanka, Nepal, and the Maldives, Monika Alcobev’s extensive footprint spans over 18 Indian states and Union Territories.