Monika Alcobev Limited is more than just an importer — it’s a curator of global drinking experiences for India and the Indian subcontinent.
Headquartered in Mumbai, the company has crafted a portfolio of over 70 premium international brands that include icons like Jose Cuervo tequila, Bushmills Irish whiskey, Rémy Martin cognac, Cointreau liqueur, Choya, Belenkaya vodka and more.
Operating across India, Nepal, Maldives, Sri Lanka, and Bangladesh, Monika Alcobev doesn’t stop at import. It delivers seamless end-to-end services — from logistics and pricing to brand building and marketing — ensuring that every bottle reaches the right shelf, the right glass, and the right audience.
The numbers reflect its strength:
✅ ~19% share of India’s imported tequila market
✅ ~12% share in imported rum
✅ ~7.5% share in liqueurs
📦 Serving every premium touchpoint
Its brands flow through luxury hotels, fine-dining restaurants (HORECA), top retail stores, and even travel retail channels like duty-free shops — covering over 20 Indian states & union territories.
💡 Driven by people & passion
With a team of 190+ dedicated professionals, Monika Alcobev ensures each brand’s story is told thoughtfully — whether it’s an iconic heritage spirit or a boutique label.
In a market where consumers are moving from “just drinking” to “drinking better,” Monika Alcobev Limited stands ready to pour the world into every glass — turning every sip into an experience.
Monika Alcobev IPO – Details
| IPO Opening Date | 16 July 2025 |
| IPO Closing Date | 18 July 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 57,91,200 Shares Worth ₹[] Crore Fresh Issue: 47,91,200 Shares Worth ₹[] Crore Offer For Sale: 10,00,000 Shares Worth ₹[] Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹[] – ₹[] per share |
| Market Lot | – |
| Min Order | – |
| Listing At | BSE SME |
| Registrar | MUFG Intime India Private Limited (Link Intime) |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Monika Alcobev IPO – Date Schedule
| IPO Open Date | 16 July 2025 |
| IPO Close Date | 18 July 2025 |
| Basis of Allotment | 21 July 2025 |
| Initiation of Refund | 22 July 2025 |
| Credit of Shares to Demat | 22 July 2025 |
| IPO Listing Date | 23 July 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 18, 2025 |
Monika Alcobev IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | – | – | ₹ |
| Individual investors (Retail) (Max) | – | – | ₹ |
| S-HNI (Min) | – | – | ₹ |
| S-HNI (Max) | – | – | ₹ |
| B-HNI (Min) | – | – | ₹ |
Competitive Strengths
- 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.
Company Promoters
- Bhimji Nanji Patel
- Kunal Bhimji Patel
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹140.36 Cr | ₹121.36 Cr | ₹13.03 Cr | ₹72.06 Cr |
| 31 March 2024 | ₹191.28 Cr | ₹168.45 Cr | ₹16.60 Cr | ₹123.16 Cr |
| 31 March 2025 | ₹238.36 Cr | ₹208.78 Cr | ₹23.11 Cr | ₹174.10 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 29.91% |
| ROCE | 16.21% |
| Debt/Equity | 1.81 |
| RoNW | 24.07% |
| PAT Margin | 9.79% |
| EBITDA Margin | 19.56% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | – | – |
| P/E (x) | – | – |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding working capital requirements of the Company. | ₹100.64 |
| Pre-payment or repayment of certain outstanding borrowings availed by the Company. | ₹11.45 |
| General Corporate Purposes |
✅Strengths
- Premium portfolio of 70+ global brands like Jose Cuervo & Bushmills.
- Strong market share in tequila, rum & liqueurs.
- High revenue per case through value-focused strategy.
- Presence across India & neighboring countries.
- End-to-end control: import, logistics, and brand building.
⚠️Risks
- Heavy reliance on exclusive brand partnerships.
- Strict & changing alcobev regulations.
- Rising debt levels.
- Strong competition from large domestic & global players.
Monika Alcobev IPO Promoter Holding
| Pre Issue Share Holding | 79.96% |
| Post Issue Share Holding | 62.08% |
Monika Alcobev IPO Prospectus
- Monika Alcobev IPO DRHP
- Monika Alcobev IPO RHP
Company Contact Information
| Monika Alcobev Ltd. 2403, 24th Floor, Signature, Suresh Sawant Road, Off Veera Desai Road, Andheri (West), Mumbai, Maharashtra, 400053 Phone: +91 022 6578 111 Email: investors.relation@monikaalcobev.com Website: http://www.monikaalcobev.co/ |
Monika Alcobev IPO Registrar
| MUFG Intime India Private Limited (Link Intime) Phone: +91-22-4918 6270 Email: monikaalcobev.smeipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Monika Alcobev IPO Lead Manager(s)
| 1. Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. |
Monika Alcobev IPO FAQ
| What is Monika Alcobev IPO? Monika Alcobev IPO is a SME IPO. The issue is priced at ₹[] to ₹[] per equity share. The IPO is to be listed on BSE SME. |
| When Monika Alcobev IPO will open? The IPO is to open on 16 July 2025 for QIB, NII, and Retail Investors. |
| What is Monika Alcobev IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Monika Alcobev IPO? You can apply Monika Alcobev IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Monika Alcobev IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Monika Alcobev IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Monika Alcobev IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Monika Alcobev IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Monika Alcobev IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Monika Alcobev IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Monika Alcobev IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Monika Alcobev IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is the Monika Alcobev IPO Size? Monika Alcobev IPO size is ₹[] Crore. |
| What is the Monika Alcobev IPO Price Band? Monika Alcobev IPO Price Band is ₹[] to ₹[]. |
| What is Monika Alcobev IPO Minimum and Maximum Lot Size for Retail? The minimum bid is [] Shares with ₹[] amount, while the maximum bid is [] Shares with ₹[]. |
| What is the Monika Alcobev IPO Allotment Date? Monika Alcobev IPO allotment date is 21 July 2025. |
| What is the Monika Alcobev IPO Listing Date? Monika Alcobev IPO listing date is 23 July 2025. The IPO is to be listed on the BSE SME. |
