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NSLSME / BSEListed
Northern Spirits

Northern Spirits Limited, established in 2012 and based in New Delhi, is an importer and distributor of premium alcoholic beverages with a strong presence in North India, including Delhi, the North East, and West Bengal, and has achieved steady business growth of around 40% annually over four years; the company distributes a wide range of products such as whisky, vodka, gin, red and white wines, beer, and tequila, representing well-known international brands like William Grants, Bacardi Global, Shepherd Neame Beer, Carlo Rossi California Wines, and Cooper’s Australian Beer, while also handling exclusive blends through agency and franchise arrangements and partnering with South State Beverage, Australia, for the manufacturing and supply of DNA-branded alcoholic beverages, as it continues to focus on expansion and new opportunities in the growing foreign liquor market.

₹43 - ₹43Open
Listed Price₹43.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price IPO
Open22 Mar 2019
Close27 Mar 2019
Allotment02 Apr 2019
Listing04 Apr 2019

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker2,16,000 shares
5.02%
HNI20,43,000 shares
47.49%
Retail20,43,000 shares
47.49%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,29,000
HNI2 Lots (6,000 shares)
₹2,58,000

Company Promoters

Mr. Kulbir BakshiMr. Anuj BakshiMr. Ankush Bakshi

Company Background

Northern Spirits Limited, established in 2012 and based in New Delhi, is an importer and distributor of premium alcoholic beverages with a strong presence in North India, including Delhi, the North East, and West Bengal, and has achieved steady business growth of around 40% annually over four years; the company distributes a wide range of products such as wh...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sept-18)₹4866.17 Cr
Growth+4687.7%
Revenue Trend (₹ in Crores)
0.01.9k3.7k5.6kMar-14Mar-15Mar-16Mar-17Mar-18Sept-18
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sept-1848,66.172,75.4476,92.550
Mar-1825,89.281,00.6320,40.780
Mar-1717,36.4253.2312,55.150
Mar-163,39.8150.857,84.120
Mar-151,67.149.624,63.740
Mar-141,01.642.2170.000

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Cameo Corporate Services Limited

Allotment Finalized
Allotment Date
02 Apr 2019
Official Status
Out / Finalized
Registrar
Cameo Corporate Services Limited
Listing Date
04 Apr 2019

Official Allotment Verification Links

Official Registrar Portal
Cameo Corporate Services Limited

Direct allotment verification on the official registrar portal appointed for Northern Spirits. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization02 Apr 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date04 Apr 2019Trading commences on exchange

How to Check Northern Spirits Allotment Online

1Open Portal

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2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Northern Spirits IPO

Complete issue overview for Northern Spirits (NSL) IPO. The issue features an equity share price band of ₹43 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,29,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions