Alcobrew Distilleries to Raise ₹2,582.59 Million via IPO with Fresh Issue and 1.8 Crore Share OFS

New Delhi, September 26, 2025: Alcobrew Distilleries India Limited has announced that it has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India (SEBI). The company plans to raise ₹2,582.59 million by offering fresh equity, and will sell up to 1.8 crore equity shares as a part of its offer for sale. Promoter Romesh Pandita will sell all the 1.8 crore shares. The company has proposed the listing of its shares on NSE and BSE. It has appointed Motilal Oswal Investment Advisors as the book running lead manager and KFin Technologies as the registrar for the issue.

Alcobrew Distilleries India Limited is an Indian company that is one of the key producers of IMFL products in North India. The company’s product range includes whisky, vodka, gin, rum and brandy. The company was incorporated in 2002 and is headquartered in New Delhi, India.

Alcobrew Distilleries IPO Repayment and Prepayment of Borrowings Main Fundraising Motive

The company has announced that it will use ₹1,400 million from the IPO proceeds for prepayment and repayment of certain borrowings. It will use ₹289.14 million for constructing a visitor centre and a new menstruation hall at the Gamber Valley, Solan. Furthermore, ₹247.80 million will be used for marketing expenses related to new product launches, and the balance amount for general corporate purposes.

Alcobrew Distilleries IPO Revenue at ₹16,150.13 Million While PAT at ₹694.50 Million

In FY25, the company’s revenue from operations stood at ₹16,150.13 million, which was ₹16,401.14 million in FY24, and ₹12,168.66 million in FY23. Its revenue ex-excise duty was at ₹7,873.79 million, compared to ₹7,798.79 million in FY24, and ₹6,342.72 million in FY23. Profit after tax was ₹694.50 million, up from ₹625.54 million in FY24, and ₹523.02 million in FY23. Net worth came at ₹3,240.99 million in FY25, which was ₹2,547.81 million in FY24, and ₹1,923.12 million in FY23. Total borrowings in FY25 stood at ₹1,298.58, compared to ₹1,483.16 million in FY24, and ₹1,335.46 million FY23.

REF: https://www.bseindia.com/corporates/download/352689/IPO Prior/ADIL_DRHP_20250926031704.pdf

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