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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 OpenMar 22, 2019 - Mar 27, 2019
Issue TypeFixed Price Issue IPO
Issue Size4,302,000 Eq Shares of ₹10
(aggregating up to ₹18.50 Cr)
Face Value₹10 Per Equity Share
Issue Price₹43 Per Equity Share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME

Northern Spirits IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹129,000
Maximum13000₹129,000

Northern Spirits IPO Promoter Holding

Pre Issue Share Holding90.98%
Post Issue Share Holding66.59%

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

Northern Spirits IPO Rating

59
3.8
Rating:Rated 3.8 stars

Vote Here ...

Northern Spirits IPO Listing Date

Listing DateThursday, April 4, 2019
BSE Script Code542628
NSE Symbol
Listing InMT
ISININE01BL01012
Issue Price₹43 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
Issue 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

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 FAQs

  1. 1. What is Northern Spirits IPO?

    Northern Spirits IPO is an SME initial public offering of 4,302,000 equity shares of the face value of ₹10 aggregating up to ₹18.50 Crores.

    The issue price of the IPO is ₹43 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.

    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.

  2. 2. When Northern Spirits IPO will open?

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

  3. 3. How to apply for Northern Spirits IPO?

    Northern Spirits IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. 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.

  5. 5. When is Northern Spirits IPO listing date?

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

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Northern Spirits IPO Review / Comments

Small Investors
28. Small Investors  Apr 18, 2019 12:03 I Like It. | Report Abuse
Bulk Deals means Retailers Trap
NSL me kafi buying Bulk Deals hui thi
iska matlab Entry krna h books m
Tally Experts
27. Tally Experts  Apr 17, 2019 11:34 I Like It. | Report Abuse
Where are you SME and SME Listing this stock now near 35
DJ investor
26. DJ investor  Apr 10, 2019 11:03 I Like It. | Report Abuse
Finally .......down Jana stop hua & ye normal trading kab start hogi?? Matlab T group 5% limit se baher kab ayega??????
DJ investor
26.2. DJ investor  Apr 18, 2019 10:33 I Like It. | Report Abuse
Hold ya sell?? Wat happen?? Help me pls
Small Investors
26.3. Small Investors  Apr 18, 2019 11:45 I Like It. | Report Abuse
Dear DJ
Yet you do;t sold your allotment
why ?
i told regular this stock came near 30
Devyansh
25. Devyansh  Apr 8, 2019 13:24 I Like It. | Report Abuse
This message has been removed by a moderator.
Small Investor
25.3. Small Investor  Apr 9, 2019 12:57 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (900+ 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
DJ investor
25.4. DJ investor  Apr 9, 2019 17:11 I Like It. | Report Abuse
But bluk deal Mai Buy bi huye h...sare ke sare shares....ye Kon le RHA h????? 💯% dilevered ??? Who? Why?? Rply....waiting
GrowYourMoney
24. GrowYourMoney  Apr 9, 2019 16:05 I Like It. 1 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
ppl stuck in Daru Stock, woh bhi in Election time
Small Investor
23. Small Investor  Apr 8, 2019 13:06 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
HNI Exit Contuning from this Counter and Patel Brothers Enter
Hate small investor
23.1. Hate small investor  Apr 8, 2019 14:44 I Like It. | Report Abuse
Kitna niche jayega... Fir se trap ho gya ...lagta h Mera Sara Paisa share market Mai jayega..help me pls
Small Investor
23.2. Small Investor  Apr 9, 2019 12:51 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ 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
Small Investor
22. Small Investor  Apr 5, 2019 12:24 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ 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
Small Investor
22.3. Small Investor  Apr 8, 2019 12:40 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Dear Raja if NSL Come near 30 then i want Buy it
Small Investor
22.4. Small Investor  Apr 8, 2019 12:43 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
Patel group Continue invest in this counter that is good Indication
GrowYourMoney
21. GrowYourMoney  Apr 6, 2019 15:42 I Like It. 2 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
liquor is injurious to wealth now....
IPOLISTING
20. IPOLISTING  Apr 4, 2019 15:51 I Like It. 2 | Report Abuse
This message has been removed by a moderator.
Small Investor
20.2. Small Investor  Apr 5, 2019 12:21 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
now lc with 525000 shares
Small Investor
20.3. Small Investor  Apr 5, 2019 13:05 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
hni sell your holding
Dinesh Singh
19. Dinesh Singh  Apr 4, 2019 12:54 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Dear Rajakumar
I have sold my lot at 43.45.
Bach gaye.
Small Investor
19.1. Small Investor  Apr 4, 2019 13:28 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
now more then 7 lk + seller against 1 lot buyer
you are lucky bro
Priyansh Agrawal
18. Priyansh Agrawal  Apr 4, 2019 12:21 I Like It. | Report Abuse
Sold at 43.05
Smelisting
17. Smelisting  Apr 4, 2019 11:54 I Like It. | Report Abuse
This message has been removed by a moderator.
Small Investor
17.1. Small Investor  Apr 4, 2019 12:09 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
There are no buyers yet
RAJAKUMAR
16. RAJAKUMAR  Apr 4, 2019 09:47 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Dinesh
I sold one lot at 43.7
Dinesh Singh
16.1. Dinesh Singh  Apr 4, 2019 09:54 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
I am still holding
Will sell at 10 Am.
Small Investor
16.2. Small Investor  Apr 4, 2019 11:08 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ 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
Small Investor
15. Small Investor  Apr 4, 2019 10:44 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 300+ Likes)
LM Is Finchore keep awey and sell your allotment immediate
RAJAKUMAR
14. RAJAKUMAR  Apr 4, 2019 10:13 I Like It. | Report Abuse
IPO Guru 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.
RAJAKUMAR
13. RAJAKUMAR  Apr 4, 2019 09:46 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Dinesh
I sold one lot at 43.7
Priyansh Agrawal
12. Priyansh Agrawal  Apr 2, 2019 17:34 I Like It. | Report Abuse
Dear Rajkumar , Dinesh where chack allotment
Dinesh Singh
12.1. Dinesh Singh  Apr 2, 2019 22:40 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
It is firm allotment to RI.
No need to check.
RAJAKUMAR
11. RAJAKUMAR  Apr 2, 2019 15:12 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Dear Dinesh, Small, medge, Splendid
Apply Polycab and hold it for one year it will double.
Dinesh Singh
11.1. Dinesh Singh  Apr 2, 2019 16:33 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Allotment will be tough.
Need to purchase on listing day.
RAJAKUMAR
10. RAJAKUMAR  Apr 2, 2019 15:32 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Two applications amount debited
Dinesh Singh
10.1. Dinesh Singh  Apr 2, 2019 16:31 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Mine also one application amount debited.
I think the listing will be on 4th April.
Priyansh Agrawal
9. Priyansh Agrawal  Apr 1, 2019 19:58 I Like It. | Report Abuse
Dear small invester when will be allotment site camio not work



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