Northern Spirits Limited IPO (Northern Spirits IPO) Detail

Mar 22, 2019 - Mar 27, 2019

Incorporated in 2012, Northern Spirits Limited (NSL) a New Delhi based Importer & Distributor of fine Alcoholic Beverages Company. The company is involved in the distribution of Whisky, Vodka, GIN, Red and white wine, Beer, tequila etc. in Northern Region - Delhi, North East, and West Bengal. Northern Spirits achieved 40% annual business growth in four years.

Company imports and distribute leading alcohol brands such as William Grants, Bacardi Global, Shepherd Neame Beer, Carlo Rossi California Wines, and Cooper's Australian Beer.

The company also imports exotic blends along with its Agency Brands and Franchisee Ownership for some class-apart liquors.

Northern Spirits have collaboration with South State Beverage, Australia for manufacturing and supply of DNA Branded Alcoholic Beverages.

Further, the company is planning to enhance the business and grab the high growth opportunities for the foreseeable future in the foreign liquor industry.

The competitive strengthens of the company are:

1. Own infrastructure and third-party warehouse
2. Sound knowledge of the market in identifying opportunities
3. Quality focused products
4. Strong market skills and relationships

Company Promoters:

Promoters of the company are:

1. Mr Kulbir Bakshi
2. Mr Anuj Bakshi
3. Mr Ankush Bakshi

Company Financials:

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	30-Sept-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	76,92.55	20,40.78	12,55.15	7,84.12	4,63.74	70.00
Total Revenue	48,66.17	25,89.28	17,36.42	3,39.81	1,67.14	1,01.64
Profit After Tax	2,75.44	1,00.63	53.23	(50.85)	9.62	2.21

Objects of the Issue:

The Objects of the Issue are:

1. To meet the working capital requirements of the company
2. To meet the Issue Expenses
3. General Corporate Purposes

Northern Spirits IPO Details

IPO Opening Date	Mar 22, 2019
IPO Closing Date	Mar 27, 2019
Issue Type	Fixed Price Issue IPO
Face Value	₹10 per equity share
IPO Price	₹43 per equity share
Market Lot	3000 Shares
Min Order Quantity	3000 Shares
Listing At	BSE SME
Issue Size	4,302,000 Eq Shares of ₹10 (aggregating up to ₹18.50 Cr)

Northern Spirits IPO Lot Size

The Northern Spirits IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹129,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	3000	₹129,000
Maximum	1	3000	₹129,000

Northern Spirits IPO Promoter Holding

Pre Issue Share Holding	90.98%
Post Issue Share Holding	66.59%

Northern Spirits IPO Subscription Status (Bidding Detail)

The Northern Spirits IPO is subscribed 1.30x times on Mar 27, 2019 18:49. The public issue subscribed 0.78x in the retail category, in the QIB category, and 1.83x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
NII	1.83x
RII	0.78x
Total	1.30x

Northern Spirits IPO Prospectus

› Northern Spirits IPO DRHP
› Northern Spirits IPO RHP

Northern Spirits IPO Rating

3.8

Rating:

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Northern Spirits IPO Listing Date

Listing Date	Thursday, April 4, 2019
BSE Script Code	542628
NSE Symbol
Listing In	MT
ISIN	INE01BL01012
IPO Price	₹43 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE SME
₹43.00
₹43.70
₹41.55
₹43.70
₹43.10
141,000

Northern Spirits IPO Reviews / Ratings

Dilip Davda - Subscribe for Long Term

Company Contact Information

Northern Spirits Limited
5A, Woodburn Park Road,
Woodburn Central Unit 603, 6th Floor,
Kolkata-700020, West Bengal,

Phone: 033-22902043
Email: info@northernspirits.in
Website: http://www.northernspirits.in

Northern Spirits 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: investor@cameoindia.com
Website: https://online.cameoindia.com/

Northern Spirits IPO Lead Manager(s)

Finshore Management Services Limited

Lead Manager Reports

Northern Spirits IPO FAQs

What is Northern Spirits IPO?

Northern Spirits IPO is a SME IPO of 4,302,000 equity shares of the face value of ₹10 aggregating up to ₹18.50 Crores. The issue is priced at ₹43 per equity share. The minimum order quantity is 3000 Shares.

The IPO opens on Mar 22, 2019, and closes on Mar 27, 2019.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
When Northern Spirits IPO will open?

The Northern Spirits IPO opens on Mar 22, 2019 and closes on Mar 27, 2019.
What is the lot size of Northern Spirits IPO?

Northern Spirits IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
How to apply for Northern Spirits IPO?

You can apply in Northern Spirits 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 Northern Spirits IPO allotment?

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

The Northern Spirits IPO listing date is on Thursday, April 4, 2019.

Northern Spirits IPO Message Board

Ranked Members

28. Small Investors |Apr 18, 2019 13:03

Bulk Deals means Retailers Trap
NSL me kafi buying Bulk Deals hui thi
iska matlab Entry krna h books m

27. Tally Experts |Apr 17, 2019 12:34

Where are you SME and SME Listing this stock now near 35

26. DJ investor |Apr 10, 2019 12:03

Finally .......down Jana stop hua & ye normal trading kab start hogi?? Matlab T group 5% limit se baher kab ayega??????

Load more comments (1 replies)

26.2. DJ investor |Apr 18, 2019 11:33

Hold ya sell?? Wat happen?? Help me pls

26.3. Small Investors |Apr 18, 2019 12:45

Dear DJ
Yet you do;t sold your allotment
why ?
i told regular this stock came near 30

25. Devyansh |Apr 8, 2019 14:24

This message has been removed by a moderator.

Load more comments (2 replies)

25.3. Small Investor |Apr 9, 2019 13:57

IPO Guru (1400+ Posts, 700+ Likes)

@ Mr.Hate
if you see that Mostly Bulk deals ( sold ) by hni who allotted shares ( see basis of allotment ) are same that is means big hni sold his shares
ab aage kya hoga kisi ko koi pta nhi h
i wait for 35 level for buying one lot

25.4. DJ investor |Apr 9, 2019 18:11

But bluk deal Mai Buy bi huye h...sare ke sare shares....ye Kon le RHA h????? ????% dilevered ??? Who? Why?? Rply....waiting

24. GrowYourMoney |Apr 9, 2019 17:05

Top Contributor (300+ Posts, 300+ Likes)

ppl stuck in Daru Stock, woh bhi in Election time

23. Small Investor |Apr 8, 2019 14:06

IPO Guru (1400+ Posts, 700+ Likes)

HNI Exit Contuning from this Counter and Patel Brothers Enter

23.1. Hate small investor |Apr 8, 2019 15:44

Kitna niche jayega... Fir se trap ho gya ...lagta h Mera Sara Paisa share market Mai jayega..help me pls

23.2. Small Investor |Apr 9, 2019 13:51

IPO Guru (1400+ Posts, 700+ Likes)

Finchore chahe to stock ko 25-30 pr bhi la sakta h and agar chahe to stock ko 50 se upar fenk sakta h
but sala chor h LM

22. Small Investor |Apr 5, 2019 13:24

IPO Guru (1400+ Posts, 700+ Likes)

Only Rajakumar is right Perosn on this forum
his comments are very useful for retailers
follow only Raja and away from SME NAME Person

Load more comments (2 replies)

22.3. Small Investor |Apr 8, 2019 13:40

IPO Guru (1400+ Posts, 700+ Likes)

Dear Raja if NSL Come near 30 then i want Buy it

22.4. Small Investor |Apr 8, 2019 13:43

IPO Guru (1400+ Posts, 700+ Likes)

Patel group Continue invest in this counter that is good Indication

21. GrowYourMoney |Apr 6, 2019 16:42

Top Contributor (300+ Posts, 300+ Likes)

liquor is injurious to wealth now....

20. IPOLISTING |Apr 4, 2019 16:51

This message has been removed by a moderator.

Load more comments (1 replies)

20.2. Small Investor |Apr 5, 2019 13:21

IPO Guru (1400+ Posts, 700+ Likes)

now lc with 525000 shares

20.3. Small Investor |Apr 5, 2019 14:05

IPO Guru (1400+ Posts, 700+ Likes)

hni sell your holding

19. Dinesh Singh |Apr 4, 2019 13:54

Top Contributor (300+ Posts, 100+ Likes)

Dear Rajakumar
I have sold my lot at 43.45.
Bach gaye.

19.1. Small Investor |Apr 4, 2019 14:28

IPO Guru (1400+ Posts, 700+ Likes)

now more then 7 lk + seller against 1 lot buyer
you are lucky bro

18. Priyansh Agrawal |Apr 4, 2019 13:21

Sold at 43.05

17. Smelisting |Apr 4, 2019 12:54

This message has been removed by a moderator.

17.1. Small Investor |Apr 4, 2019 13:09

IPO Guru (1400+ Posts, 700+ Likes)

There are no buyers yet

16. RAJAKUMAR |Apr 4, 2019 10:47

IPO Guru (1400+ Posts, 1000+ Likes)

Dear Dinesh
I sold one lot at 43.7

16.1. Dinesh Singh |Apr 4, 2019 10:54

Top Contributor (300+ Posts, 100+ Likes)

I am still holding
Will sell at 10 Am.

16.2. Small Investor |Apr 4, 2019 12:08

IPO Guru (1400+ Posts, 700+ Likes)

If today LC not Open then we see next target of NSL is near 30 in short term as a same of Powerful technology

15. Small Investor |Apr 4, 2019 11:44

IPO Guru (1400+ Posts, 700+ Likes)

LM Is Finchore keep awey and sell your allotment immediate

14. RAJAKUMAR |Apr 4, 2019 11:13

IPO Guru (1400+ Posts, 1000+ Likes)

Dear Dinesh
Ten minutes no improvement so i sold 43 itself. I exited in this counter.
I will apply Poly with full force.
I will apply Metro with limited qty. today itself.If fii above 15 times means i will increase number of forms.

13. RAJAKUMAR |Apr 4, 2019 10:46

IPO Guru (1400+ Posts, 1000+ Likes)

Dear Dinesh
I sold one lot at 43.7

12. Priyansh Agrawal |Apr 2, 2019 18:34

Dear Rajkumar , Dinesh where chack allotment

12.1. Dinesh Singh |Apr 2, 2019 23:40

Top Contributor (300+ Posts, 100+ Likes)

It is firm allotment to RI.
No need to check.

11. RAJAKUMAR |Apr 2, 2019 16:12

IPO Guru (1400+ Posts, 1000+ Likes)

Dear Dinesh, Small, medge, Splendid
Apply Polycab and hold it for one year it will double.

11.1. Dinesh Singh |Apr 2, 2019 17:33

Top Contributor (300+ Posts, 100+ Likes)

Allotment will be tough.
Need to purchase on listing day.

10. RAJAKUMAR |Apr 2, 2019 16:32

IPO Guru (1400+ Posts, 1000+ Likes)

Two applications amount debited

10.1. Dinesh Singh |Apr 2, 2019 17:31

Top Contributor (300+ Posts, 100+ Likes)

Mine also one application amount debited.
I think the listing will be on 4th April.

9. Priyansh Agrawal |Apr 1, 2019 20:58

Dear small invester when will be allotment site camio not work

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