Empee Distilleries Limited IPO (Empee IPO) Detail

Nov 1, 2007 - Nov 6, 2007

Incorporated in 1984, Empee Distilleries Limited is in the business of manufacturing Alcoholic Beverages. Empee Distilleries manufacture Indian Made Foreign Liquor (IMFL) and their distillery units are located in Tamil Nadu and Kerala. Company manufactures IMFL under its own brands as well as for other companies. The brands under Empee's portfolio are Old Secret XXX Rum, Power XXX Rum, Power Brandy, Mc Lene Ordinary Brandy, Mclene XXX Ordinary Rum, Power Whisky, Empee Napoleon Premium Brandy, Empee Fine Brandy, Commando XXX Rum, Club Polo Dry Gin, Club Royal Whisky, Elcanso Dark XXX Rum and Old Secret Brandy. The brands under tie up arrangement are Brihans Napoleon Premium Brandy, Brihans Premium Whisky.

Empee Distilleries is part of the Empee Group, a 40 years old business house involve in many business including Hotels, Liquor, Sugar, Power, Packaging, Transport, Construction and Exports. Empee Groups sugar and chemical business is already listed at BSE with name Empee Sugars & Chemicals Limited (500132).

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for
1. Setting up of 60 KLPD Grain Based Distillery Unit at Nellore District, Naidupet Sub-District, Pellakuru Mandal, Pellakuru Village, Andhra Pradesh;
2. Setting up of Blending & Bottling IMFL Plant at Nellore District, Naidupet Sub-District, Pellakuru Mandal, Pellakuru Village, Andhra Pradesh with a capacity of 0.70 Lakh cases per month;
3. Setting up of 7.5 MW Bio-mass based Power Plant at Aranthangi Taluk, Pudukottai District, Tamil Nadu;
4. Development of 2.00 Lakhs sq.ft. of residential space in Mevalorkuppam, Sriperumbudur Taluk, Kancheepuram, District Tamil Nadu;
5. Expansion of our Existing Distillery Unit situated at Mevaloorkuppam, Sriperumbudur Taluk, Kanchipuram District, Tamil Nadu by augmenting the capacity of our Extra Neutral Alcohol Plant from 20KLPD to 70KLPD;
6. Expansion of our Existing Distillery Unit situated at Mevaloorkuppam, Sriperumbudur Taluk, Kanchipuram District, Tamil Nadu by augmenting the capacity of the said distillery to handle 5.00 Lakh cases per month from the present 3.20 Lakh cases per month;
7. Relocation of Plant & Machinery purchased from Appollo Alchobev Limited to Village Arabikothanur, Panchayat-Vokkaleri Hobli, District Kolar, Karnataka along with expanding the existing capacity from 0.50 Lakh cases per month to 1.00 Lakh cases per month.

Empee IPO Details

IPO Opening Date	Nov 1, 2007
IPO Closing Date	Nov 6, 2007
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹350 to ₹400 per equity share
Market Lot	15 Shares
Min Order Quantity	15 Shares
Listing At	BSE, NSE
Issue Size	4,800,000 Eq Shares of ₹10 (aggregating up to ₹192.00 Cr)

Empee IPO Lot Size

The Empee IPO market lot size is 15 shares. A retail-individual investor can apply for up to 33 lots (495 shares or ₹198,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	15	₹6,000
Maximum	33	495	₹198,000

Empee IPO Subscription Status (Bidding Detail)

The Empee IPO is subscribed 6.87x times on Nov 6, 2007 17:00. The public issue subscribed 6.11x in the retail category, 8.77x in the QIB category, and 2.31x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
Total	6.87x

Empee IPO Prospectus

› Empee IPO Application Form Download

Empee IPO Rating

143

3.5

Rating:

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Empee IPO Listing Date

Listing Date	Monday, November 26, 2007
BSE Script Code	532920
NSE Symbol	EDL
Listing In	B1
ISIN	INE180G01019
IPO Price	₹400 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹400.00
₹400.00
₹301.00
₹489.00
₹317.90
5,145,595

NSE
₹400.00
₹462.30
₹303.10
₹479.00
₹319.35
5,838,274

Empee IPO Reviews / Ratings

S P Tulsian - Subscribe

Company Contact Information

Empee Distilleries Limited
Empee Distilleries Limited,
693, Mount Road,
Chennai, Tamil Nadu - 600006

Phone: +91 44 28297111
Email: info@empeegroup.co.in
Website: http://www.empeegroup.co.in

Empee IPO Registrar

Cameo Corporate Services Limited
   Cameo Corporate Services Ltd.,
   Subramanian Building # 1, Club House Road,
   Chennai 600 002 - India

Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://online.cameoindia.com/

Empee IPO Lead Manager(s)

Almondz Global Securities Limited

Lead Manager Reports

Empee IPO FAQs

What is Empee IPO?

Empee IPO is a main-board IPO of 4,800,000 equity shares of the face value of ₹10 aggregating up to ₹192.00 Crores. The issue is priced at ₹350 to ₹400 per equity share. The minimum order quantity is 15 Shares.

The IPO opens on Nov 1, 2007, and closes on Nov 6, 2007.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Empee IPO will open?

The Empee IPO opens on Nov 1, 2007 and closes on Nov 6, 2007.
What is the lot size of Empee IPO?

Empee IPO lot size is 15 Shares and the minimum order quantity is 15 Shares.
How to apply for Empee IPO?

You can apply in Empee IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Empee IPO allotment?

The finalization of Basis of Allotment for Empee IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Empee IPO allotment status.
When is Empee IPO listing date?

The Empee IPO listing date is on Monday, November 26, 2007.

Empee IPO Message Board

Ranked Members

371. DON |Dec 31, 2007 19:34

EMPEE is neither MP nor EMPTY. it will definitely shut the fool lady & ladas mouth within a span of one month. somebody told me that it is my devine power. you are right my friend. now only wait & watch.

370. suresh |Dec 31, 2007 16:47

Finally today something rise in Empee... Seems like good sale for new year eve :)
guys... purchase empee wines not just shares :)
Happy new year...

369. khilan |Dec 30, 2007 21:33

S.P.tulsian have recomanded EMPEE stocks and major promotors
holding would be sent near Rs.325 now only investor stay in this
stock.Tulsian was give wrong guide line to investor all the
time,but investor will trust in him.god bless investor.
Hey god give punish to tulsian.

368. sandy |Dec 29, 2007 08:56

invest for the price target of 600
eps we expect 21rs for fy-08
if pe of 30 (industrial )we count than target would be 600+
but point is that this stock come dowm on its listing and investors lost there patience,but it seems to out perform,reason is simply new raise money will have to utilize fully than we would find good bottom line.....example is shringar cinema.....8 quaters they declared loss and when they utilised ipo money company sudden started to annouce good results.............so just believe that management of this company might put their best effort to increase eps........................

367. Shankar |Dec 17, 2007 12:20

Correctly said Amar(358. Amar)!!! Don't believe Tulsian words. He does not recommend correctly. He thinks as a big shot and gives all foolish advices. Never believe his words!!!!!!

366. rama |Dec 16, 2007 10:24

I suggest chithorgarh staff to delete such remarks as
---358. Amar (220.224.79.212) 12/8/2007 1:16:11 PM IST Thanks for reporting!
ALL NEW INVESTOR SHOULD READ THIS
Dear Pradip (179)
NEver go as per S.P. Tulsian - he is 60% wrong in prediction

--

tulsian gives investment advice based on fundamentals and in comparison to peer group. Mostly these small stocks go by specularion. Please avoid these types of messages. This will tempt unprofessional investors to for junk issues and loose all theri money.

365. ashok |Dec 14, 2007 13:03

I have alloted 15 shares what I have to do now wheather I
sale or hold ?

364. dev |Dec 12, 2007 16:58

i think ingersol will touch to 600 in near tearm of 1 month

363. Virendra |Dec 11, 2007 23:27

Tanushree, what do u advise for GAIL?
I have purchased at 476.

362. shah |Dec 11, 2007 15:54

Tanushree.
Cinemax is not so good fundamentally.I know the back groud of the owners & know their style of busniess personally.:-))& yaa one day if your script goes up doesnt mean you have proved me wrong !!! lets see in future..you suggest me some script & i suggest you some & lets check who scores more !!

361. tanushree |Dec 11, 2007 00:37

Shah see where is cinemax today and u will see where it will be in 2 weeks.never challenge my statement.i have proved many people wrong and u r added in my list too

360. shah |Dec 10, 2007 21:43

Hi Tanushree,
You have made a nice observation & i appreciate your statement,thats the way to do a good investment.you are wise but this cinemax is not so good pick.just for your information..let those who want to stick with this script be there..they do not deserve your good advice..

359. KPN |Dec 10, 2007 21:07

Msg No.359 ... Cinemax..Good Stock?..Ha..Ha.. Good Joke..

358. Prashant |Dec 10, 2007 06:34

Any update if any Mutual Funds are looking to enter this
stock...

None of the Mutual funds is holding it currently...May be once Funds starts buying it should move up...

357. tanushree |Dec 10, 2007 00:19

Guys Remember 1 rule in share market dontthink if a stock has gone so up so it cannot go up.
Reemember people want to be only in thos stocks which they know have sense of business and can earn them huge in long term.
See DLF ,powergrid which i guarantee u dlf will cross 3000 and power grid 750 in 2 years time which is almost 3 times and 5 times resp their now price.Why? because they have huge growth and will earn money daily .see RNRL,RPL both another long term story so better sell this stock telling again and dont listen to fools and stick and buy some good growth stocks.
Good stocks which will spurt in near tem are cinemax,sobha developer,parsvnath (best stock),dlf,power grid,mundra port,tcs,ntpc
central bank,

356. priyal |Dec 8, 2007 12:09

i am alloted 22 shares through ipo, so is it advisable to wait, and what would be status in future.

355. shah |Dec 7, 2007 18:40

Ref 355.Deepak.

you seem to haev devine power as you are saying its a challenge that it will cross 400 by jan, 500 by feb & 600 by March.:-))

354. dipak |Dec 7, 2007 16:41

Dont move out from this stock. It will show magic & shut non sense suggestions from fools. Will cross 400 by jan, 500 by feb & 600 by March. Its challenge.

353. tanushree |Dec 7, 2007 00:28

Move out of this stock this stock will not do anything.
instaed sell it and buy powergrid,dlf,cinemax,parsvnath or mundra port which are foreign fancy stock you will make quick money.

352. Shah |Dec 6, 2007 21:53

Empee doenst look good,see today also in therising market its falling ..Guys listen to me or be ready to book big losses.

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