Alcobrew Distilleries Files IPO to Raise ₹2.58 Billion; Promoters to Offload 18 Million Shares

Alcobrew Distilleries India Ltd has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an initial public offering (IPO) that includes a fresh issue of equity shares worth up to ₹2.58 billion and an offer-for-sale (OFS) of 18 million shares by existing shareholders. Motilal Oswal Investment Advisors has been appointed as the book-running lead manager for the issue.

 

The Gurugram-based liquor manufacturer aims to utilize the fresh capital to expand its premium product portfolio, strengthen its manufacturing footprint, and enhance working capital. Alcobrew is known for brands such as Golfer’s Shot, White & Blue, and Lion Daddy, which have gained traction across 22 Indian states and six international markets.

 

Key highlights of the IPO include:

 

 

Sources: Alcobrew Distilleries MOA, Tracxn Financials, The Company Check