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.
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.
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.
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.
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