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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).
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.
| 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) |
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 |
The Empee IPO is subscribed 6.87 times on 11/6/2007 5:00:00 PM. The public issue subscribed 6.11 times in the retail category, 8.77 times in the QIB category, and 2.31 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | Monday, November 26, 2007 |
| BSE Script Code | 532920 |
| NSE Symbol | EDL |
| Listing In | B1 Group of Securities |
| ISIN | INE180G01019 |
| IPO Price | ₹400 per equity share |
| Face Value | ₹10 per equity share |
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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
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://online.cameoindia.com/
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.
The Empee IPO opens on Nov 1, 2007 and closes on Nov 6, 2007.
Empee IPO lot size is 15 Shares and the minimum order quantity is 15 Shares.
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.
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.
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