Monika Alcobev IPO Details
The key details of Monika Alcobev’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹153.68 Cr |
| Price Range | ₹271 - ₹286 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 800 |
| Investment (cut-off price) | ₹2,28,800 |
| Pre IPO Promotor Holding | 79.96% |
| Post IPO Promotor Holding | 62.08% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Monika Alcobev IPO Timelines
The IPO process for Monika Alcobev includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
16/07/2025
Start Date18/07/2025
End Date22/07/2025
Refund Initiation22/07/2025
Credit of Shares to Demat Ac23/07/2025
Listing DateMonika Alcobev IPO Lot Size
The Monika Alcobev IPO has a fixed lot size of 400 shares, at an upper price band of ₹286 per share. For retail investors, the minimum and maximum application is 800 shares (2 lots) amounting to ₹2,28,800. For S-HNI investors, the minimum application is 1,200 shares (3 lots) worth ₹3,43,200, while B-HNI investors need to apply for at least 3,600 shares (9 lots) totaling ₹10,29,600.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 800 | ₹2,28,800 |
| Retail Maximum | 2 | 800 | ₹2,28,800 |
| S-HNI Minimum | 3 | 1200 | ₹3,43,200 |
| S-HNI Maximum | 8 | 3200 | ₹9,15,200 |
| B-HNI Minimum | 9 | 3600 | ₹10,29,600 |
Monika Alcobev IPO Subscription Status
The subscription status for Monika Alcobev IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 2.54x | 8.86x | 2.92x | -- | 4.08x |
IPO Performance on Listing Day
On the listing day (July 23, 2025), Monika Alcobev made a flat debut on the stock exchange. The stock opened at ₹288, delivering a negligible premium of 0.7% over its issue price of ₹286. Throughout the trading session, the stock remained range-bound, climbing to a high of ₹289.95 while touching a low of ₹274.10. The shares concluded their first trading day at ₹288, closing with a modest gain of 0.7% over the issue price, reflecting subdued but stable investor sentiment towards this alcoholic beverages company.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹288.00 | ₹288.00 | ₹289.95 | ₹274.10 |
Monika Alcobev IPO Company Financials
Monika Alcobev reports robust performance in FY2025 with Total Income of ₹238.36 crores, managing expenses at ₹208.78 crores, and achieving a strong PAT (Profit After Tax) of ₹23.11 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹140.36 | ₹121.36 | ₹13.03 |
| FY 2024 | ₹191.28 | ₹168.45 | ₹16.60 |
| FY 2025 | ₹238.36 | ₹208.78 | ₹23.11 |
About Company
Founded in 2015, Monika Alcobev Limited is a leading importer and distributor of luxury alcoholic beverages across India and the Indian Subcontinent. The company represents a diverse portfolio of over 70 premium brands, including globally recognized names such as Jose Cuervo, Bushmills, and Onegin Vodka. It offers a broad selection of spirits, wines, and liqueurs, catering to a wide range of consumer preferences.
Monika Alcobev operates in India, Nepal, Maldives, Sri Lanka, and Bangladesh, serving key segments like HORECA (hotels, restaurants, and catering), retail, and travel retail. With a skilled workforce and an emphasis on efficient logistics and marketing, the company delivers high-quality alcoholic beverage experiences across the region. As of March 31, 2025, it employed 191 full-time professionals.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2015 | Alcohol (Breweries & Distilleries) | KUNAL PATEL |
Know Before Investing
Monika Alcobev IPO Strengths
- The company manages a portfolio of over 100 distinguished global brands, including renowned names like Jose Cuervo, Kraken, Bushmills, and Belenkaya Vodka, catering to a wide range of consumer preferences and market segments.
- Monika Alcobev has demonstrated strong financial performance, with revenue increasing by 41% year-on-year to ₹124.45 crore in FY23, and a steady track record of growth even post-pandemic.
- Monika Alcobev provides integrated solutions covering importing, logistics, warehousing, distribution, and marketing, enabling seamless delivery and market penetration.
- The company holds exclusive rights for several international brands and has established long-term relationships with key principals, strengthening its market position and access to premium products.
- With operations spanning across India and the subcontinent, the company reduces regional risk and captures demand from diverse markets and demographics.
- Monika Alcobev serves the HORECA (hotels, restaurants, cafes), retail, and travel retail sectors, positioning itself to benefit from rising premiumization and evolving consumer preferences in India’s alcobev market.
- The company’s focus on premium and luxury brands, combined with an adaptive, customer-centric approach and strong brand equity, has enabled it to withstand industry challenges and maintain steady growth.
Monika Alcobev IPO Risks
- The alcoholic beverages industry in India is highly regulated, with varying state-wise laws on import, distribution, taxation, and labeling. Any changes or tightening of regulations can disrupt operations, increase compliance costs, or restrict market access.
- A significant share of Monika Alcobev’s portfolio consists of imported spirits and wines. This exposes the company to risks from currency volatility, international trade barriers, and potential supply chain disruptions.
- Exclusive partnerships with select global brands are a strength, but also a risk—loss or non-renewal of any key supplier agreement could materially affect the product portfolio and revenues.
- The premium spirits market is highly competitive, with both domestic and international players vying for market share. Aggressive pricing, promotional discounts, or new entrants could pressure margins.
- While the company operates in 22 states, certain regions or customer segments (such as HORECA or duty-free shops) may contribute disproportionately to sales. Adverse developments in these areas could impact overall performance.
- Broader economic slowdowns, changes in consumer preferences, or disruptions like pandemics can reduce discretionary spending on premium alcoholic beverages, impacting sales and growth prospects.
Swot Analysis for Monika Alcobev IPO
Strengths
Extensive Premium Portfolio, End-to-End Service Capabilities, Strong Brand Relationships
Weaknesses
Working Capital Intensive, Regulatory Complexity, Geographical Concentration
Opportunities
Growing Premiumization Trend, Strategic Partnerships, Regulatory Reforms
Threats
Stringent Regulatory Environment, Supply Chain Disruptions, Currency Fluctuations
Company Details
Monika Alcobev Limited
2403, 24th Floor, Signature, Suresh Sawant Road, Off Veera Desai Road, Andheri (West), Mumbai – 400 053, Maharashtra, India.
Phone: +91 022 6578 111
Email: investors.relation@monikaalcobev.com
Website: http://www.monikaalcobev.com/
IPO Registar Details
MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: monikaalcobev.smeipo@in.mpms.mufg.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
FAQs
The key objectives of Monika Alcobev SME IPO are:
- Funding working capital requirements of the Company
- Pre-payment or repayment of certain outstanding borrowings availed by the Company
- General Corporate Purposes
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the book-running lead managers for the Monika Alcobev IPO.
Monika Alcobev’s consistent financial performance, with a revenue CAGR of over 30% from FY23 to FY25, highlights its strong growth trajectory in the premium alcobev segment. The rising demand for luxury alcoholic beverages in India and neighboring markets positions the company well for future expansion. While regulatory and taxation risks remain, Monika Alcobev’s robust brand portfolio and regional presence offer significant long-term growth potential for IPO investors.
The issue price for the Monika Alcobev IPO is set between ₹271 to ₹286 per share.
To invest in two lot of Monika Alcobev IPO, you need ₹2,16,800 at the lower price band (₹271 per share) or ₹2,28,800 at the upper price band (₹286 per share) for a lot size of 800 shares.
Monika Alcobev IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on July 23, 2025.
Refund/unblocking of funds for Monika Alcobev IPO will begin on July 22, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Monika Alcobev IPO shares on listing day (July 23, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.