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

Issue Open	Mar 22, 2019 - Mar 27, 2019
Issue Type	Fixed Price Issue IPO
Issue Size	4,302,000 Eq Shares of Rs 10 (aggregating up to Rs 18.50 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 43 Per Equity Share
Market Lot	3000 Shares
Min Order Quantity	3000 Shares
Listing At	BSE SME

Northern Spirits IPO Promoter Holding

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

Northern Spirits IPO Subscription Status (Bidding Detail)

Northern Spirits IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	NII	RII	Total
Shares Offered	2,043,000	2,043,000	4,086,000
Mar 27, 2019 18:49	1.83x	0.78x	1.30x

Northern Spirits IPO Prospectus

› Draft Prospectus
› Red Herring Prospectus

Northern Spirits IPO Rating

3.8

Rating:

Vote Here ...

Northern Spirits IPO Listing Date

Listing Date	Thursday, April 4, 2019
BSE Script Code	542628
NSE Symbol
Listing In	MT
ISIN	INE01BL01012
Issue Price	Rs 43 Per Equity Share
Face Value	Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

BSE SME
Rs 43.00
Rs 43.70
Rs 41.55
Rs 43.70
Rs 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

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Useful Articles

Northern Spirits IPO Review / Comments

28. Small Investors Apr 18, 2019 12:03

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 11:34

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

26. DJ investor Apr 10, 2019 11:03

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 10:33

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

26.3. Small Investors Apr 18, 2019 11:45

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

25. Devyansh Apr 8, 2019 13:24

This message has been removed by a moderator.

Load more comments (2 replies)

25.3. Small Investor Apr 9, 2019 12:57

1 |

IPO Mentor (800+ Posts, 300+ 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 17:11

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 16:05

1 |

Top Contributor (200+ Posts, 300+ Likes)

ppl stuck in Daru Stock, woh bhi in Election time

23. Small Investor Apr 8, 2019 13:06

IPO Mentor (800+ Posts, 300+ Likes)

HNI Exit Contuning from this Counter and Patel Brothers Enter

23.1. Hate small investor Apr 8, 2019 14:44

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 12:51

IPO Mentor (800+ Posts, 300+ 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 12:24

IPO Mentor (800+ Posts, 300+ 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 12:40

IPO Mentor (800+ Posts, 300+ Likes)

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

22.4. Small Investor Apr 8, 2019 12:43

IPO Mentor (800+ Posts, 300+ Likes)

Patel group Continue invest in this counter that is good Indication

21. GrowYourMoney Apr 6, 2019 15:42

2 |

Top Contributor (200+ Posts, 300+ Likes)

liquor is injurious to wealth now....

20. IPOLISTING Apr 4, 2019 15:51

2 |

This message has been removed by a moderator.

Load more comments (1 replies)

20.2. Small Investor Apr 5, 2019 12:21

IPO Mentor (800+ Posts, 300+ Likes)

now lc with 525000 shares

20.3. Small Investor Apr 5, 2019 13:05

IPO Mentor (800+ Posts, 300+ Likes)

hni sell your holding

19. Dinesh Singh Apr 4, 2019 12:54

Top Contributor (200+ Posts)

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

19.1. Small Investor Apr 4, 2019 13:28

IPO Mentor (800+ Posts, 300+ Likes)

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

18. Priyansh Agrawal Apr 4, 2019 12:21

Sold at 43.05

17. Smelisting Apr 4, 2019 11:54

This message has been removed by a moderator.

17.1. Small Investor Apr 4, 2019 12:09

IPO Mentor (800+ Posts, 300+ Likes)

There are no buyers yet

16. RAJAKUMAR Apr 4, 2019 09:47

IPO Guru (1100+ Posts, 700+ Likes)

Dear Dinesh
I sold one lot at 43.7

16.1. Dinesh Singh Apr 4, 2019 09:54

Top Contributor (200+ Posts)

I am still holding
Will sell at 10 Am.

16.2. Small Investor Apr 4, 2019 11:08

IPO Mentor (800+ Posts, 300+ 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 10:44

1 |

IPO Mentor (800+ Posts, 300+ Likes)

LM Is Finchore keep awey and sell your allotment immediate

14. RAJAKUMAR Apr 4, 2019 10:13

IPO Guru (1100+ Posts, 700+ 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 09:46

IPO Guru (1100+ Posts, 700+ Likes)

Dear Dinesh
I sold one lot at 43.7

12. Priyansh Agrawal Apr 2, 2019 17:34

Dear Rajkumar , Dinesh where chack allotment

12.1. Dinesh Singh Apr 2, 2019 22:40

Top Contributor (200+ Posts)

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

11. RAJAKUMAR Apr 2, 2019 15:12

IPO Guru (1100+ Posts, 700+ Likes)

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

11.1. Dinesh Singh Apr 2, 2019 16:33

Top Contributor (200+ Posts)

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

10. RAJAKUMAR Apr 2, 2019 15:32

IPO Guru (1100+ Posts, 700+ Likes)

Two applications amount debited

10.1. Dinesh Singh Apr 2, 2019 16:31

Top Contributor (200+ Posts)

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

9. Priyansh Agrawal Apr 1, 2019 19:58

Dear small invester when will be allotment site camio not work

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