Monika Alcobev Limited IPO

Monika Alcobev Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹271 - ₹286

Total Issue

₹165.63 Cr

Bid Dates

16 Jul - 18 Jul

Subscription

3.78x

Est. GMP

₹1 (0.35%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Monika Alcobev Limited is a key player in the imported liquor market, offering a wide range of premium and luxury alcoholic beverages across India and the Indian Subcontinent, including travel retail duty-free outlets (Source: Technopak Report). It handles import, sales, distribution, and marketing of spirits, wines, and liqueurs, backed by a strong supply chain network. Founded by Bhimji Nanji Patel and led by Managing Director Kunal Bhimji Patel, the company has played a significant role in transforming the region’s alcoholic beverage industry.

Lot Info

Lot Information for Monika Alcobev IPO
Category Lots Shares Amount
Individual (Min) 2 800 ₹2,28,800
Individual (Max) 2 800 ₹2,28,800
S-HNI (Min) 3 1,200 ₹3,43,200
S-HNI (Max) 8 3,200 ₹9,15,200
B-HNI (Min) 9 3,600 ₹10,29,600
Market Maker
4,17,600 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹165.63 Cr
Fresh Issue
₹137.03 Cr (0.48 Cr Shares)
Offer For Sale
₹28.60 Cr (0.10 Cr Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹1
Est. Price ₹287
Est. Gain 0.35%

Monika Alcobev IPO Peer Comparison

  • There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Monika Alcobev IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 236.15 189.20 139.78
Profit after Tax 23.11 16.60 13.03
Net Worth 96.01 58.53 17.12
Total Borrowing 174.10 123.16 72.06
Total Assets 323.89 216.42 128.53
NAV per share (in ₹) 57.84 40.83 12.23
EPS - Basic (in ₹) 13.94 11.58 9.30

KPIs

EBITDA

19.56%

PAT

9.79%

RONW

24.07%

ROCE

16.21%

PE Ratio

20.52

PB Ratio

4.94

Mkt Cap (in Crs.)

613.47

  • All Ratios are based on Mar 25
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

79.96%

Public

20.04%

Bhimji Patel 54.73%
Kunal Patel 25.21%
Other Promoter 0.02%

Management

Kunal Patel MD
Bhimji Patel Chairman
Ashish Mandaliya CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 18 Jul 2025 | 04:02:28 PM

BSE SME Subscription Status for Monika Alcobev IPO
Category Sub (x) Offered Bids
QIB 2.54x 10,75,200 27,36,000
NII 8.86x 8,06,400 71,41,200
bHNI 11.60x 5,37,600 62,36,000
sHNI 3.37x 2,68,800 9,05,200
Individual Investor 2.92x 18,81,600 54,88,000
Total 4.08x 37,63,200 1,53,65,200

Frequently Asked Questions

What is Monika Alcobev IPO?
Monika Alcobev IPO is a SME IPO having an issue size of ₹165.63 Crs. Monika Alcobev IPO is priced at ₹271 - ₹286 per share. The issue opens on 16 Jul 25 and closes on 18 Jul 25.
When will Monika Alcobev IPO open?
Monika Alcobev IPO opens on 16 Jul 25 and closes on 18 Jul 25.
What is the GMP of Monika Alcobev IPO?
The estimated Grey Market Premium of Monika Alcobev IPO is ₹1 per share (0.35%).
What is the lot size of Monika Alcobev IPO?
The minimum lot size of Monika Alcobev IPO is 400 shares & the minimum application amount is Rs. 114400.
When is the allotment of Monika Alcobev IPO?
The allotment date of Monika Alcobev IPO is 21 Jul 25.
What is the listing date of Monika Alcobev IPO?
The listing date of Monika Alcobev IPO is 23 Jul 25.
What is the subscription of Monika Alcobev IPO?
Monika Alcobev IPO is subscribed 3.78 times.
What is the price band of Monika Alcobev IPO?
Monika Alcobev IPO is priced at ₹271 - ₹286 per share.
How to check allotment status of Monika Alcobev IPO?
Click the allotment link on Monika Alcobev IPO page of IPO360.
How to apply Monika Alcobev IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Monika Alcobev IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Monika Alcobev IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Monika Alcobev IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date