Ravikumar Distilleries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 5,750,000 (50%) | — | ₹3,680 Cr |
| NII (HNI) | — | 1,725,000 (15%) | — | ₹1,104 Cr |
| Retail | — | 4,025,000 (35%) | — | ₹2,576 Cr |
| Σ Total | — | 11,500,000 (100%) | — | ₹73,600 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹6,400 |
| Retail (Max) | 13 | 1,300 | ₹83,200 |
| S-HNI (Min) | 14 | 1,400 | ₹89,600 |
| B-HNI (Min) | 67 | 6,700 | ₹428,800 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue | 5,023 | 4,310 | 3,919 |
| Profit After Tax | 199 | 171 | 165 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Expansion in the unit by increase in existing capacity and installation of Re-distillation plant – 11.22
- 2 To part –finance the marketing and corporate branding expenses – 3.00
- 3 To part-finance incremental working capital requirements – 33.97
- 4 To part –finance the general corporate Expenses – 21.91
- 5 To meet the expenses of the Issue – 3.50
Company Overview
Incorported in 1993, Ravikumar Distilleries Ltd (RKDL) is in the business of manufacturing of Indian Made Foreign Liquors (IMFL) products. Company markets its brands mainly in the south Indian region covering states of Karnataka, Andhra Pradesh, Tamil Nadu and the Union territory of Pondicherry.
The company's mother plant is located in Puducherry. The Factory has a capacity to produce 1.43 million cases per annum. RKDL has also entered into tie-ups with CGEVF France for production of Brandy and with JBB (Greater Europe) Plc for the production of Scotch Whisky. RKDL is also having tie-up arrangement with various leading liquors companies of India like Radico Khatian Ltd., Shashi Distilleries Pvt. Ltd., John Distilleries Ltd., Gemini Distilleries (Pondy) Pvt. Ltd.and Mondovi Distilleries & Breweries Pvt. Ltd.
Company's popular brands are 8 PM Rare Whisky, White field Brandy, Radico Gold VSOP Brand, 8PM Excellency Brandy, Brihans Grape VSOP Brand, 8PM Bermuda Rum, Old Admiral VSOP Brandy, Contessa XXX Rum, Royal Gold Cup Whisky, Chairman Brandy, Magic Brandy, Original Choice Deluxe Brandy, Original Choice Deluxe Whisky, Mysore Lancer Whisky, Black Jack Whisky, Majestic Fine Brandy, Bombay Grape Brandy and Mens Choice Fine Whisky.