Incorporated in 1993, Globus Spirits Limited is amongst the leading players in the Alcohol industry in North India. They are in the business of manufacturing, sales and marketing of Indian Made Foreign Liquor (IMFL), Industrial Alcohol and Country Liquor.
Globus Spirits major brands are Samurai Gold, Hannibal Rum, White Lace Gin & White Lace Duet Gin.
Globus Spirits owns two modern distilleries which are situated at:
- Behror, District Alwar, Rajasthan: The production facility is built on an area spread over 17.97 acres of land. The unit has its own captive supply of water and power.
- Samalkha, District Panipat, Haryana: The production facility is built on an area spread over 16.575 acres of land. This unit too has its own captive supply of water and power.
The total licensed and installed capacity of both the units stand is at 144 lakh Bulk Litres (BL) per annum each.
Objects of the Issue:
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for:
- Installation of a Multi-Pressure Distillation Plant to produce quality Extra Neutral Alcohol (ENA) of 35,000 Litres per day from both Molasses and Grain at Behror Unit in Rajasthan;
- Installation of a Multi-Pressure Distillation Plant to produce quality Extra Neutral Alcohol (ENA) of 35,000 Litres per day from Grain at Samalkha Unit in Haryana;
- Installation of a High-Pressure Boiler and Back–Pressure Turbine;
- Brand development for marketing IMFL brands in 10 more States/Union Territories;
- Acquisition of Canteen Stores Department (CSD) registered IMFL Brands;
- Meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges.
Globus Spirits Limited IPO Information
»» Public Issue Open: February 07, 2008 to February 12, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: [.] Equity share aggregating to Rs. 68 Crores
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 140/- to Rs. 160/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: Srei Capital Markets Limited.
»» Registrar: Intime Spectrum Registry Ltd (Ph: +91-22-2596 0320 Email:globus.ipo@intimespectrum.com)