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January 26, 2008

Globus Spirits Limited IPO

Globus Spirits Limited IPO

Period 

07-Feb to 12-Feb 2008

Size (Equity Shares)

4,250,000

Type 

100% Book Building

Face Value 

Rs. 10- 

Price Range 

Rs 140 to Rs 160

Market Lot 

Shares

Max shares Retails investor can apply at cut off

shares (Rs.)

Registrar 

Intime Spectrum Registry Ltd

Registrar's email 

globus.ipo@intimespectrum.com

Lead Manager 

Srei Capital Markets Limited.

Listing 

BSE, NSE

Grading 

 

About the company 

Established: 1993. Business: Leading players in the Alcohol industry in North India. Manufacturing, sales and marketing of Indian Made Foreign Liquor (IMFL), Industrial Alcohol and Country Liquor.

Brands: Samurai Gold, Hannibal Rum, White Lace Gin & White Lace Duet Gin.

Location: Two modern distilleries which are situated at: Behror, District Alwar, Rajasthan and Samalkha, District Panipat, Haryana

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

Installation of a Multi-Pressure Distillation Plant to produce quality Extra Neutral Alcohol (ENA) and 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.


 

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