Monica Alcobev to Launch IPO on July 16; Offer Includes Fresh Issue and OFS

July 10, 2025 – Luxury alcoholic beverage importer Monica Alcobev is set to open its initial public offering (IPO) for subscription on Wednesday, July 16, 2025. The offering consists of a fresh issue of 47.91 lakh equity shares and an offer for sale (OFS) of 10.00 lakh shares, according to its red herring prospectus (RHP).

IPO Structure and Allocation

Monica Alcobev IPO follows the book-building process, with the following investor allocations:

• 46.37% reserved for Qualified Institutional Buyers (QIBs)
• 32.49% for Retail Individual Investors (RIIs)
• 13.92% for Non-Institutional Investors (NIIs)
• 27.81% for Anchor Investors

The issue will remain open until Friday, July 18, 2025. The basis of allotment is likely to be finalised on Monday, July 21, with the stock expected to be listed on the BSE SME platform on Wednesday, July 23, 2025. However, the price band and lot size are yet to be announced.

Use of IPO Proceeds

Monica Alcobev plans to utilize the net proceeds from the fresh issue for:

• Working capital requirements
• Debt repayment
• General corporate purposes

Lead Manager and Registrar

• Lead Manager: Marwadi Chandarana Intermediaries
• Registrar: MUFG Intime India (formerly Link Intime)

About Monica Alcobev

Monica Alcobev is a prominent player in the import and distribution of luxury and premium alcoholic beverages across India and the Indian subcontinent, including duty-free retail operations. The company holds exclusive selling rights for over 70 international brands, managing their strategic brand development and market expansion in the region.

Financial Performance

Monica Alcobev reported strong financial growth in FY25, with revenue rising to ₹236.24 crore, up 24.8% from last year. The company’s profit also saw a big jump, reaching ₹23.1 crore compared to ₹16.59 crore in FY24.

The company’s upcoming IPO is already turning heads, especially given its strong foothold in India’s premium and luxury beverage distribution space. However, key details like pricing and lot size will be crucial to evaluate investment attractiveness.

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