Monika Alcobev Reports Efficient Utilization of IPO Proceeds
Monika Alcobev Limited has released its monitoring agency report for Q2 and H1 FY2026, detailing the use of its ₹165.63 crore IPO proceeds. The company has utilized ₹89.20 crore of the net proceeds (₹119.86 crore) for working capital, loan repayment, and general corporate expenses. The remaining ₹30.66 crore is held in fixed deposits and bank accounts. Acuite Ratings Research Limited confirmed no deviations from stated objectives. For H1 FY2026, the company reported revenue of ₹116.87 crore and net profit of ₹9.97 crore. The Board approved the dissolution of the IPO Committee on November 6, 2025.
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Monika Alcobev Limited , a prominent player in the alcohol and beverages sector, has released its monitoring agency report for the quarter and half-year ended September 30, 2025, detailing the utilization of proceeds from its Initial Public Offering (IPO).
IPO Proceeds and Utilization
The company successfully raised ₹165.63 crore through its IPO, which was held from July 16-18, 2025. After deducting expenses, the net proceeds amounted to ₹119.86 crore. Monika Alcobev has efficiently allocated these funds across three primary objectives:
| Objective | Amount Utilized (₹ in crore) |
|---|---|
| Working Capital Requirements | 71.07 |
| Loan Repayment | 11.45 |
| General Corporate Expenses | 6.68 |
| Total Utilized | 89.20 |
The remaining unutilized amount of ₹30.66 crore has been prudently deployed in fixed deposits and bank accounts, ensuring liquidity and potential for future use.
Monitoring Agency Report
Acuite Ratings Research Limited, the appointed monitoring agency, has reported no deviation from the stated objectives. The agency confirmed that all utilizations are in line with the disclosures made in the offer document, underscoring the company's commitment to transparency and adherence to its stated plans.
Financial Performance
The company's unaudited financial results for the half-year ended September 30, 2025, reveal:
- Revenue from operations stood at ₹116.87 crore
- Total income reached ₹119.32 crore
- Profit before tax was reported at ₹10.35 crore
- Net profit for the period was ₹9.97 crore
Balance Sheet Highlights
As of September 30, 2025, Monika Alcobev's financial position shows:
- Total assets of ₹426.67 crore
- Shareholders' funds amounting to ₹224.34 crore
- Inventories valued at ₹196.82 crore
Corporate Governance
In a move signaling the completion of its IPO process, Monika Alcobev's Board of Directors approved the dissolution of the IPO Committee on November 6, 2025. This committee, initially constituted on February 26, 2025, had overseen decisions related to the initial public offering in compliance with SEBI regulations.
The efficient utilization of IPO proceeds and strong financial performance demonstrate Monika Alcobev's commitment to growth and shareholder value.
Historical Stock Returns for Monika Alcobev
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.10% | +2.17% | +0.90% | +1.39% | +1.39% | +1.39% |
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