NORTHERN SPIRITS L...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO NORTHERN SPIRITS L...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
Live GMP
Back to IPOs
Northern Spirits Ltd.

Northern Spirits Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹43
₹43
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹43
Based on GMP
Min. Investment
₹129,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
22 Mar 2019
Close Date
27 Mar 2019
Allotment
02 Apr 2019
Listing Date
04 Apr 2019
Exchange
BSE SME
Price Band
₹43
Listing Price
See chart
Allotment Status
Price Band
₹43
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
43,02,000 shares (aggregating up to ₹18.50 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹129,000
1 lot
Pre-IPO Holding
1,17,49,200 shares
Promoters
Post-IPO Holding
1,60,51,200 shares
Promoters
UPI Deadline
2019-03-27
Mandate
Anchor AllotmentThu, 21 Mar 2019
Basis of AllotmentTue, 02 Apr 2019
Refund InitiationWed, 03 Apr 2019
Demat CreditWed, 03 Apr 2019
Listing DayThu, 04 Apr 2019
UPI Mandate Deadline2019-03-27
Sale TypeFresh Capital
Net Offer to Public40,86,000 shares (aggregating up to ₹17.57 Cr)
Market Maker Quota2,16,000 shares (aggregating up to ₹0.9288 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Northern Spirits Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 Mar 2019.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
216,000
₹0.93
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,302,000
100% ₹18.50
IPO Shares Offered
Northern Spirits Ltd. IPO total issue size: ₹18.50 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 216,000 ₹0.93
5.02%
Total 4,302,000 ₹18.50
100.00%
* Based on upper price band ₹43 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹43.00
Upper Band
Min Investment
₹129,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹258,000
Retail (Max — 13 Lots)1339,000₹1,677,000
S-HNI (Min — 14 Lots)1442,000₹1,806,000
B-HNI (Min — 68 Lots)68204,000₹8,772,000
* Issue Price ₹43 × Lot Size 3,000 shares
IPO Schedule
Anchor
21 Mar 2019
✓ Done
IPO Open
22 Mar 2019
✓ Done
IPO Close
27 Mar 2019
✓ Done
Allotment
02 Apr 2019
✓ Done
Refunds
03 Apr 2019
✓ Done
Demat Credit
03 Apr 2019
✓ Done
Listing Day
04 Apr 2019
✓ Done
Northern Spirits Ltd. — Live Price LIVE
₹43.00
INR · BSE
Fetching…
vs Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading…
Chart Not Available
Try again 2–3 days after listing.
Issue ₹43.00 Live Price
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 warehouse2. Sound knowledge of the market in identifying opportunities3. Quality focused products4. Strong market skills and relationships
Objects of the Issue
1
1 Working Capital Requirement
2
2 Public issue expenses
3
3 General Corporate Purposes
Northern Spirits Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹1,736.4
31-Mar-17
₹2,589.3
31-Mar-18
₹4,866.2
30-Sept-18
Profit After Tax (PAT)
₹53.2
31-Mar-17
₹100.6
31-Mar-18
₹275.4
30-Sept-18
Particulars30-Sept-1831-Mar-1831-Mar-17
Revenue from Operations 4866.17 2589.28 1736.42
EBITDA N/A N/A N/A
Profit After Tax (PAT) 275.44 100.63 53.23
Net Worth N/A N/A N/A
Total Assets 7692.55 2040.78 1255.15
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered43,02,000 (100.00%)
Net Offer to Public40,86,000 shares (aggregating up to ₹17.57 Cr)
Reserved for Market Maker2,16,000 shares (aggregating up to ₹0.9288 Cr)
Pre-Issue Promoter Holding1,17,49,200 shares
Post-Issue Promoter Holding1,60,51,200 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Finshore Management Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Northern Spirits Ltd. IPO subscribed?

Northern Spirits Ltd. IPO is subscribed 1.00 times by Mar 27, 2019. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Northern Spirits Ltd. IPO retail subscription status?

The Northern Spirits Ltd. IPO retail category is subscribed 1.00 times as of 27 Mar 2019. The retail portion is oversubscribed.

How to subscribe Northern Spirits Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 22 Mar 2019 and closes 27 Mar 2019. Min investment: ₹129,000 (1 lot = 3,000 shares). UPI mandate: 2019-03-27.

How many times Northern Spirits Ltd. IPO subscribed?

The Northern Spirits Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Northern Spirits Ltd. IPO allotment?

Check allotment on the registrar website (Cameo Corporate Services Ltd.) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 02 Apr 2019. Refunds: on 03 Apr 2019.

When Northern Spirits Ltd. IPO will be listed?

The Northern Spirits Ltd. IPO listing date is 04 Apr 2019, Thursday. Listed on: BSE SME. Issue price: ₹43. Estimated listing: ₹43. GMP: NIL.

When Northern Spirits Ltd. IPO close?

The Northern Spirits Ltd. IPO closes on 27 Mar 2019, Wednesday. UPI mandate: 2019-03-27. Allotment: 02 Apr 2019. Listing: 04 Apr 2019.