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  5. Monika Alcobev IPO ends on July 18: Check subscription status and steps to check allotment online

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Monika Alcobev IPO ends on July 18: Check subscription status and steps to check allotment online

Upstox
By Upstox News Desk

3 min read | Updated on July 18, 2025, 10:19 IST

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SUMMARY

Monika Alcobev IPO: The price band has been set at ₹271 to ₹286 per equity share. For individual investors, the least investment is 800 shares. High-net-worth individuals can apply for a minimum of 1,200 shares.

Monika Alcobev is a leading player in the imported liquor space, offering an array of premium and luxury alcoholic beverages. | Image: Monikaalcobev.com

Monika Alcobev is a leading player in the imported liquor space, offering an array of premium and luxury alcoholic beverages. | Image: Monikaalcobev.com

Monika Alcobev IPO: The BSE SME initial public offering of liquor importer Monika Alcobev Ltd will close on Friday, July 18. Following this, its basis of allotment will be finalised on Monday, July 21.

The ₹165.63 crore initial share sale is a fresh issuance of ₹137.03 crore and an offer for sale (OFS) worth ₹28.60 crore.

Under the OFS, shareholders Rhetan Estate Private Limited and Deven Mahendrakumar Shah will divest their stake.

The money raised will be used for working capital needs, repayment of debt and serving general corporate purposes.

Monika Alcobev IPO price band and lot size

The price band has been set at ₹271 to ₹286 per equity share. For individual investors, the least investment is 800 shares. High-net-worth individuals can apply for a minimum of 1,200 shares.

Monika Alcobev IPO day 3: Subscription status

The IPO has been subscribed 1.60 times until 10:14 am, with bids for 66,71,200 shares compared to 41,80,800 shares on offer, according to BSE.

CategorySubscription Status
Qualified Institutional Buyers (QIBs)1.09 times
Non-Institutional Investors3.01 times
Individual Investors97%

Before the IPO, the company had secured ₹46.06 crore in the anchor round from investors including Pine Oak Global Fund, Craft Emerging Market Fund, North Star Opportunities Fund, Vikasa India, Krushnam Nexus Capital, Nexus Equity Growth Fund, Century India Opportunity Fund, and Viney Growth Fund.

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How to check Monika Alcobev IPO allotment status on MUFG Intime India

Steps to check Monika Alcobev IPO allotment status on BSE

  • Visit BSE's bid verification portal: https://bseindia.com/investors/appli_check.aspx
  • Keep the issue type as 'Equity'
  • Select 'Monika Alcobev Ltd' from IPO names
  • Enter any one: PAN or IPO application number
  • Click on the 'Search' button

Monika Alcobev IPO listing date

Shares of Monika Alcobev are expected to be listed on the SME platform of the BSE on July 23.

Monika Alcobev IPO GMP

According to investorgain.com, the unlisted shares of Monika Alcobev Ltd are trading at ₹296 per share, reflecting a grey market premium (GMP) of 3.5% over the upper price band of ₹286.
Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
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About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.