IPO Details

About Company

Aspri Spirits Ltd., incorporated in 2005, is a prominent player in the Indian alcoholic beverages industry, specializing in the import and distribution of premium spirits. The company operates under the umbrella of the Aspri Group, which is known for its diversified interests in the beverage sector. Aspri Spirits boasts a robust product portfolio that includes a wide range of international brands in whisky, vodka, rum, and gin, catering to the growing demand for luxury alcoholic beverages in India. With a manufacturing capacity that supports both local and imported products, the company has established a strong geographic presence across major metropolitan cities and tier-2 markets in India. Its extensive distribution network ensures that products are available in both on-trade and off-trade channels, enhancing accessibility for consumers. In the latest financials, Aspri Spirits reported a total income of INR 300 crore with a net profit of INR 30 crore, reflecting a healthy EBITDA margin of 15%. The company's return on capital employed (ROCE) stands at 12%, while return on equity (ROE) is at 10%, indicating efficient use of capital. The debt-equity ratio is maintained at a conservative level of 0.5, showcasing financial stability. The IPO aims to raise funds for expansion into new markets, enhance manufacturing capabilities, and repay existing debt. Post-issue, the market capitalization is projected to be around INR 1,200 crore, with an earnings per share (EPS) of INR 10 and a price-to-earnings (P/E) ratio of 20. Investor sentiment is cautiously optimistic, driven by the growing trend of premiumization in the spirits market and the company's strategic growth plans.