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Northern Spirits Ltd. IPO
BSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹43
Issue Price
₹43
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹43
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹129,000
1 lot · 3,000 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
22 Mar 2019
Fri Completed
Done
Close Date
27 Mar 2019
Wed Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
04 Apr 2019
Thu Completed
UPI Deadline: 27 Mar 2019
Issue Details
Pricing & Size
Issue Price
₹43 Face ₹10
Lot Size
3,000 shares
Min Investment
₹129,000
Total Issue Size
43,02,000 shares (aggregating up to ₹18.50 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,16,000 (5.02%)
QIB Portion
-
NII / HNI
20,43,000 (47.49%)
Retail
20,43,000 (47.49%)
Employee
-
Net Offer to Public
40,86,000 shares (aggregating up to ₹17.57 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,17,49,200 shares
Post-Issue Shareholding
1,60,51,200 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,29,000
HNI / NII 2 6,000 ₹2,58,000
Objects of Issue
3 objectives
1
1 Working Capital Requirement
15.65 Cr
2
2 Public issue expenses
1.35 Cr
3
3 General Corporate Purposes
1.50 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Finshore Management Services Ltd.
Market Maker
Airan Finstocks Pvt.Ltd.
IPO Timeline
Open
22 Mar
✓ Done
Close
27 Mar
✓ Done
Allotment
TBA
Listing
04 Apr
✓ Done
Registrar Details
Cameo Corporate Services Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-44-28460390
Email
investor@cameoindia.com
Company Contact
Email
info@northernspirits.in
Phone
033-22902043
Address
5A, Woodburn Park Road, Woodburn Central Unit 603, 6th Floor, Kolkata, West Bengal, 700020
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹43
Est. Listing
₹43
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Northern Spirits Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
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| Price
Market Reference
IPO Issue Price
₹43
GMP
+₹0 (+0%)
GMP Est. Listing
₹43
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 20,43,000 (47.49%) ₹878.49 Cr
Retail Investors 20,43,000 (47.49%) ₹878.49 Cr
Total ** 43,02,000 (100.00%) ₹18,498.60 Cr
Market Maker * 2,16,000 (5.02%) ₹9.29 Cr
* Based on ₹43.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
20,43,000 (47.49%)
Retail
20,43,000 (47.49%)
Market Maker
2,16,000 (5.02%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric30-Sept-1831-Mar-1831-Mar-17
Revenue4866.172589.281736.42
PAT275.44100.6353.23
EBITDA
Net Worth
Total Assets7692.552040.781255.15
Reserves
Borrowings
About Northern Spirits Ltd.

Incorporated in 2012, Northern Spirits Limited (NSL) a New Delhi based Importer & Distributor of fine Alcoholic Beverages Company. The company is involved in the distribution of Whisky, Vodka, GIN, Red and white wine, Beer, tequila etc. in Northern Region - Delhi, North East, and West Bengal. Northern Spirits achieved 40% annual business growth in four years.

Company imports and distribute leading alcohol brands such as William Grants, Bacardi Global, Shepherd Neame Beer, Carlo Rossi California Wines, and Cooper's Australian Beer.

The company also imports exotic blends along with its Agency Brands and Franchisee Ownership for some class-apart liquors.

Northern Spirits have collaboration with South State Beverage, Australia for manufacturing and supply of DNA Branded Alcoholic Beverages.

Further, the company is planning to enhance the business and grab the high growth opportunities for the foreseeable future in the foreign liquor industry.

The competitive strengthens of the company are:

1. Own infrastructure and third-party warehouse
2. Sound knowledge of the market in identifying opportunities
3. Quality focused products
4. Strong market skills and relationships

Frequently Asked Questions
What is the issue price of Northern Spirits Ltd. IPO?
The issue price of Northern Spirits Ltd. IPO is ₹43 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹129,000.
What are the IPO dates?
Opens 22 Mar 2019, closes 27 Mar 2019.
When is the listing date?
Tentative listing: 04 Apr 2019 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹43 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Northern Spirits Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
04 Apr 2019
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹43
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹129,000
1 lot
Est. Listing
₹43
GMP +₹0
Key Dates
Open
22 Mar Done
Close
27 Mar Done
Listing
04 Apr Done
Registrar
Cameo Corporate Services Ltd.
A
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