SME · BSESubscribed: 1.57×
Monika Alcobev IPO

Monika Alcobev IPO

Monika Alcobev IPO

Overview

Monika Alcobev IPO is a bookbuilding of 57.91 lakh shares. The issue is a combination of fresh issue of 47.91 lakh shares and offer for sale of 10.00 lakh shares. Monika Alcobev IPO opens for subscription on July 16, 2025 and closes on July 18, 2025. The allotment for the Monika Alcobev IPO is expected to be finalized on Monday, July 21, 2025. Monika Alcobev IPO will be list on BSE SME with a tentative listing date fixed as Wednesday, July 23, 2025. Monika Alcobev IPO price bands are yet to be announced. Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the book-running lead manager of the Monika Alcobev IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue.The market maker for Monika Alcobev IPO is Bhansali Value Creations Private Limited. Refer to Monika Alcobev IPO RHP for detailed information.

Total Shares

57,91,200

Issue Size

₹165.63 Cr

Price Band

271 – ₹286

Lot Size

400 shares

Min. Investment

1,14,400

Max. Investment

1,14,400

Open Date

16 Jul, 2025

Close Date

18 Jul, 2025

Allotment

21 Jul, 2025

Listing

23 Jul, 2025

Announced

16 Jul, 2025

Opening Date

16 Jul, 2025

Closing Date

18 Jul, 2025

Basis of Allotment

21 Jul, 2025

Initiation of Refunds

22 Jul, 2025

Credit of Shares

22 Jul, 2025

Listing Date

23 Jul, 2025

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About Monika Alcobev IPO

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 d

Monika Alcobev IPO Share Price

Issue Breakdown

Total Issue57,91,200 shares₹165.63 Cr
Fresh Issue43,73,600 shares₹125.08 Cr
Offer for Sale10,00,000 shares₹28.60 Cr

Shareholding

Pre-Issue1,66,58,761
Post-Issue2,14,49,961

Dilution: 28.8% increase in shares

Monika Alcobev IPO Promoters Holding

Pre-Issue79.96%
Post-Issue62.08%

Monika Alcobev IPO Financial Health

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.

Monika Alcobev IPO Lot Size

ApplicationLotsSharesAmount
----

(All values in CR)

Monika Alcobev IPO Valuations

MetricValue
ROE29.91
ROCE16.21
Debt/Equity1.81
RoNW24.07
PAT Margin9.79
EBITDA Margin19.56

(All values in CR)

Monika Alcobev IPO Strength & Risk

+Strengths

Monika Alcobev IPO Strength:

  • Bonded Warehouses ensuring Supply-Chain Efficiencies
  • One of the leading player in the imported liquor sector, offering a diverse portfolio of premium and luxury alcoholic beverages.
  • Operating in Industry having high barriers to entry
  • Long Standing Relationships with customers
  • Experienced management team and qualified personnel with significant industry experience
!Risks

Monika Alcobev IPO Risk:

  • Highly Working‑Capital Intensive Business
    Operations require significant cash tied up in inventory and receivables, with GCA cycle reaching ~392 days in FY24, leading to liquidity risk.

  • Regulatory and Licensing Vulnerabilities
    Faces strict, state-level regulations on licensing, excise duties, and advertising, which can change regionally and affect operations or margins.

  • Reliance on Exclusive Brand Agreements
    Revenue depends on securing and retaining rights for 70+ imported brands; loss of any could hurt market position.

  • Moderate Financial Leverage
    While gearing has decreased, the company still carries debt (~₹168–174 cr); covenant breaches or rising interest rates could strain finances.

  • Rating Fluctuations & Cooperation Issues
    Acuité downgraded, flagged issuer as “Not‑Cooperating” in Aug 2024, though later upgraded; such rating pattern indicates informational and credit risk concerns.

Monika Alcobev IPO Subscriptions Status

Monika Alcobev IPO subscribed 1.57 times. The public issue subscribed 0.82 times in the individual investors category, 1.09 times in QIB, and 3.96 times in the NII category by July 17, 2025 5:04:34 PM (Day 2).

Investor CategorySubscription (times)Shares OfferedShares bid forTotal Amount (Rs Cr.)
Anchor1.0016,10,40016,10,40046.057
Market Maker1.004,17,6004,17,60011.943
Qualified Institutions1.0910,75,20011,67,20033.382
Non-Institutional Buyers3.968,06,40031,94,80091.371
bNII (bids above ₹10L)6.305,37,60033,86,80096.862
sNII (bids below ₹10L)0.842,68,8002,25,6006.452
Individual Investors (IND category bidding for 2 Lots)0.8218,81,60015,35,20043.907
Total1.5737,63,20058,97,200168.66

Monika Alcobev IPO GMP

Monika Alcobev SME IPO last GMP is ₹10, last updated Jul 17th 2025 05:29 PM. With the price band of 286.00, Monika Alcobev SME IPO's estimated listing price is ₹296 (cap price + today's GMP).The expected percentage gain/loss per share is 3.50%. >> Monika Alcobev SME IPO Retail Subject to Sauda: ₹3000 The lowest GMP is ₹0.00, while the highest GMP is ₹10.00.

00.0%

Last updated 18 Jul, 2025 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
18 Jul, 2025286₹0-₹286 (0.00%)-18 Jul, 2025
17 Jul, 2025286₹103000₹296 (3.50%)400017 Jul, 2025
16 Jul, 2025286₹103000₹296 (3.50%)400016 Jul, 2025
15 Jul, 2025286₹0---15 Jul, 2025
14 Jul, 2025286₹0-₹286 (0.00%)-14 Jul, 2025
13 Jul, 2025286₹0-₹286 (0.00%)-13 Jul, 2025
12 Jul, 2025286₹0-₹286 (0.00%)-12 Jul, 2025
11 Jul, 2025286₹0-₹286 (0.00%)-11 Jul, 2025
10 Jul, 20250₹0---10 Jul, 2025
09 Jul, 20250₹0---09 Jul, 2025

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for Monika Alcobev IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find Monika Alcobev IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.