Tilaknagar Industries leading in race to buy Imperial Blue

Tilaknagar Industries is leading in the race to buy Imperial Blue, according to sources in the know. Imperial Blue is currently owned by French company Pernod Ricard.  Estimated enterprise value (EV) of Imperial Blue is at around $600 million. Enterprise value of a company is the sum of its market value of debt, market value of equity, minus cash and cash equivalents.

Inbrew Beverages also in race

According to reports, London -based Inbrew Beverages is also in race for acquiring Imperial Blue. But presently its offer is less than that of Tilaknagar Industries. Tilaknagar has therefore, reportedly, been asked by Pernod Ricard to submit a binding bid by 22^nd June.

Pernod Ricard launched Imperial Blue in India in 1997. It is among the top selling whiskey brands in India currently. Tilaknagar Industries was founded in the year 1933. Its brands include Mansion House etc.

Tilaknagar Industries’ stock price up today

At 12:40 p.m. Indian Standard Time, 4^th June, 2025, Tilak Nagar Industries’ stock price is up by 0.98%, trading at Rs 361 per share. At this time Nifty 50 index is up by 0.18%.

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Source: Reports