Aspri Spirits Files for IPO to Raise Funds
Aspri Spirits, a leading alco-beverage distribution company, has filed preliminary papers with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO comprises a fresh issue of shares worth Rs 140 crore.
Offer for Sale and Proceeds
In addition to the fresh issue of shares, there will be an offer for sale (OFS) of 50 lakh shares by promoters and other shareholders. The proceeds from the fresh issue will be used to pay off debt for the company and its subsidiaries, as well as for general corporate purposes.
Company Overview
Aspri Spirits is a premier alco-beverage distribution entity founded in 2004. The company has an expansive portfolio of 323 brands, featuring timeless legacies like Whyte & Mackay, The Dalmore, Camus, Molinari, Beluga, Black Tower, Henkell, and Amarula. Its portfolio includes products from 89 suppliers across 835 stock-keeping units (SKUs) and 36 countries.
Financial Performance
Financially, Aspri's revenues from operations climbed to Rs 460.6 crore in fiscal 2025, marking a 22% increase from Rs 378 crore in fiscal 2024. The company may also pursue a pre-IPO placement of up to Rs 28 crore, which would adjust the fresh issue size accordingly.
With its strong portfolio and financial performance, Aspri Spirits is poised to continue its growth in the alco-beverage distribution market. The company's IPO is expected to support its future plans and expansion.
- Key Highlights:
- IPO to raise funds through fresh issue of shares worth Rs 140 crore
- Offer for sale of 50 lakh shares by promoters and other shareholders
- Proceeds to be used for debt payment and general corporate purposes
- Expansive portfolio of 323 brands from 89 suppliers across 835 SKUs and 36 countries
- Revenues from operations climbed to Rs 460.6 crore in fiscal 2025, marking a 22% increase
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