Monika Alcobev IPO open date is July 16, 2025 and the IPO will close on July 18, 2025.
The company reported revenue of ₹238.36 crores in 2025 and profit of ₹23.11 crores in 2025.
Monika Alcobev started in 2015 as a partnership firm named M/s Monika Enterprise. On January 17, 2022, it was converted into a public limited company under the Companies Act, 2013.
Monika Alcobev took over all assets and liabilities of the earlier partnership firm on a going concern basis. It has since grown into a significant player in India’s premium and luxury imported liquor market, expanding its product base, market presence, and operational infrastructure.
Monika Alcobev IPO Details
| IPO Open Date: | July 16, 2025 |
| IPO Close Date: | July 18, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹271 to ₹286 Per Share |
| Issue Size: | Approx ₹153.68 Crores |
| Fresh Issue: | Approx ₹125.08 Crores |
| Offer for Sale: | Approx 10,00,000 Equity Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
Market Lot Size of Monika Alcobev IPO
The Monika Alcobev IPO minimum market lot is 800 shares with ₹2,28,800 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 800 | ₹2,28,800 |
| Retail Maximum | 2 | 800 | ₹2,28,800 |
| S-HNI Minimum | 3 | 1,200 | ₹3,43,200 |
Promoters of Monika Alcobev IPO
Promoters Bhimji Nanji Patel (Chairman) and Kunal Bhimji Patel (MD) are experienced in alco-bev distribution.
Monika Alcobev IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹140.36 | ₹121.36 | ₹13.03 | ₹128.53 |
| 2024 | ₹191.28 | ₹168.45 | ₹16.60 | ₹216.42 |
| 2025 | ₹238.36 | ₹208.78 | ₹23.11 | ₹323.89 |
Monika Alcobev IPO Valuation – FY2025
Check Monika Alcobev IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 24.07% |
| ROCE: | 16.21% |
| EBITDA Margin: | 19.56% |
| PAT Margin: | 9.79% |
| Debt to equity ratio: | 1.81 |
| Earning Per Share (EPS): | ₹13.94 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 24.07% |
| Net Asset Value (NAV): | ₹57.84 |
Monika Alcobev Business Overview
Monika Alcobev specializes in importing, distributing, and marketing luxury spirits, wines, and liqueurs in India and neighboring countries. The company holds exclusive selling rights for over 70 global alcohol brands and provides end-to-end services from import to brand development.
We have researched on Monika Alcobev Business operates in over 20 Indian states and also exports to Nepal, Sri Lanka, and the Maldives. Its integrated operational framework includes pricing, strategy, supply chain management, and brand promotion.
Monika AlcoBev Industry Trends in India
India’s alcoholic beverage market is expanding due to rising incomes, urbanization, changing lifestyles, and increasing social acceptance. Monika Alcobev commands a 3.2% share in the BIO (Bottled in Origin) wine import market and is the top importer in rum (12.3%) and tequila (19%). It is also emerging as a boutique player in the whisky, gin, and liqueurs segments. Competitors include Pernod Ricard, United Spirits, Moët Hennessy, and Bacardi.
Monika Alcobev Cash Flow Analysis
Despite posting strong profits, Monika Alcobev had a negative cash flow from operations in FY24, mainly due to inventory buildup and higher trade receivables. Investing cash outflow stood at ₹13.49 Cr, while financing cash inflow was ₹67.26 Cr, supported by loans and capital infusion.
Objects of the Issue
The IPO includes a fresh issue of 48,00,000 shares for working capital funding and an offer for sale of 10,00,000 shares by Deven Shah and Rhetan Estate Pvt Ltd. The fresh issue will be used to manage growing operations, especially inventory and receivables.
- Funding working capital requirements of the Company
- Pre-payment or repayment of certain outstanding borrowings availed by the Company
- General Corporate Purposes
Monika Alcobev Valuation & Peers
There is no directly comparable listed peer. Monika Alcobev operates in a niche segment of imported premium spirits. Its FY24 RoNW of 28.35% and growing revenue base suggest strong fundamentals, but pricing fairness will depend on the final valuation multiples disclosed in the RHP.
Monika Alcobev IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: monikaalcobev.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
Company Address
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 FAQs
What does Monika Alcobev do?
It imports, distributes, and markets premium international liquor brands in India and neighboring countries.
When Monika Alcobev IPO will open for subscription?
The IPO is to open on July 16, 2025 for QIB, NII, and Retail Investors. The IPO will close on July 18, 2025.
What is Monika Alcobev IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Monika Alcobev IPO Issue Size?
Monika Alcobev IPO issue size is ₹153.68 crores.
What is Monika Alcobev IPO Price Band?
Monika Alcobev IPO Price Band is ₹271 to ₹286.
What is Monika Alcobev IPO Lot Size?
The minimum bid is 800 Shares with ₹2,28,800 amount.
What is the Monika Alcobev IPO Allotment Date?
Monika Alcobev IPO allotment date is July 21, 2025.
What is the Monika Alcobev IPO Listing Date?
Monika Alcobev IPO listing date is July 23, 2025. The IPO is to list on BSE.