Mohan Meakin IPO Company Profile:

Mohan Meakin is India’s oldest alcohol company and has its roots in the time when India was ruled by Britishers. Edward Dyer established the Brewery at Kasauli in 1855. Edward Dyer was India’s brewing pioneer who brought modern beer to India. He was the one who realized for the first time that there were a very few spots on earth where a really good drink was more welcome and Kasuali was one of those spots. During the same century, H.G. Meakin an another enterprising man, coming from a well-known brewing family of Burton-on-Trent where he was trained, came forward with arousing enthusiasm and founded Meakin & Co. Ltd. H.G. Meakin bought the old Shimla and Kasauli Breweries and built others at Dalhousie, Chakrarta, Ranikhet, Kirkee, and Darjeeling. Both these firms E. Dyer & Co., and Meakin & Co. Ltd., continued doing business separately up till after the second decade of the 20th century. During the first World War (1914-18), when it was a difficult to import beer, the two firms quenched the increased thirst of India with a magnificent beer at a rock-bottom price. Vast quantities of Malted Barley were sent to Egypt, to help keep soldiers’ beer at a reasonable price. Today’s Mohan Meakin 80% sales comes from Old Monk, the favorite rum of Indians and the world’s 3rd largest-selling rum. Apart from this the company also sells beer by the name Golden Eagle, Lion, and Black Night Brands which accounts for an 8% share in the beer segment.

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    Mohan Meakin IPO Product Portfolio:

    • Alcoholic Products:
      • Whiskey
      • Beers
      • Brandies
      • Rum (Old Monk)
    • Non-Alcoholic Products:
      • Juices
      • Mineral Water
      • Vinegar
      • Breakfast Foods

    Mohan Meakin IPO Financial Analysis :

    Particulars 6M of FY-23(in cr.) FY-22(in cr.) FY-21(in cr.) YoY
    Revenue from Operations 649.32 1370.42 1099.01 24.70%
    Other Income 3.31 8.96 2.86 212.92%
    Cost of Goods Sold 554.45 1163.56 916.47 26.96%
    Employee Cost 20.44 37.30 33.15 12.5
    Other expenses 51.35 101.94 92.98 9.63%
    EBITDA 26.40 76.58 59.27 29.20%
    EBITDA margin% 4.07% 5.59% 5.39%  
    Depreciation 3.26 6.05 5.22 15.8
    Interest 0.49 1.56 2.91 -46.62%
    Exceptional items 3.01 0.00 3.01 -100.00%
    PBT 25.66 68.98 54.15 27.39%
    Total tax 6.53 17.52 13.84 26.65%
    PAT 19.13 51.45 40.31 27.65%
    PAT margin% 2.95% 3.75% 3.67%  

    Mohan Meakin IPO Board of Directors & Key Managerial Persons:

    1.  Mr. Hemant Mohan Managing  Director
    2.  Mr. Vinay Mohan  Non -Executive Non-Independent
    3.  Mrs. Shalini Mohan  Non -Executive Non-Independent
    4.  Mr. Sanjeev Arya  Non -Executive Non-Independent
    5.  Mr. Manish Malik  Non -Executive Non-Independent
    6.  Mr. Yash Kumar Sehgal  Independent Director
    7.  Mr. Masilamani. Nandagopal  Independent Director
    8.  Mr. Murugan Navamani  Independent Director
    9.  Mr. Nand Prakash Sahni  Independent Director
    10.  Mr. Rajesh Kedia  Chief Financial Officer

    Mohan Meakin IPO Details:

    IPO Open Date Not Available
    IPO Close Date Not Available
    Listing Date Not Available
    Face Value ₹5 per share
    Price Not Available
    Lot Size Not Available
    Issue Size Not Available
    Fresh Issue Not Available
    Offer For Sale Not Available
    Issue Type Not Available
    Listing At Not Available
    QIB Shares Offered Not Available
    NII (HNI) Shares Offered Not Available
    Retail Shares Offered Not Available

    Mohan Meakin IPO Details of Major Shareholders:

    S.NO. Name of the Shareholder No. of Shares % of pre-Offer shareholding
    1 Hemant Mohan (Nariender Mohan Foundation) 10,17,337 11.96%
    2 Hemant Mohan 3,16,936 3.72%
    3 Life Insurance Corporation of India 7,12,749 8.38%
    4 Hemant Mohan (HUF) 2,33,865 2.75%
    5 Hemant Mohan (Ram Rakhi Mohan Trust) 99,667 1.17%
    6 Hemant Mohan (Ram Rakhi Mohan Trust) 68,081 0.80%
    7 Vinay Mohan 6,99,874 8.23%
    8 Arti Mohan 3,78,224 4.45%
    9 Yash Mohan 1,86,776 2.20%
    10 Anju Khanna 1,39,228 1.64%
    11 Trade Links Private Limited 23,68,802 27.84%
    12 Kaplansky Investments Private Limited 1,35,286 1.59%
    13 M/s Eco Rrb Infra Private Limited 55,339 0.65%
      Total 64,12,164 75.38%

    Mohan Meakin IPO FAQ

    Ans.Mohan Meakin IPO will comprise fresh share issue and new offer share issue. The company aims to go public to accelerate its growth and expansion plan.

    Ans. The company will open for subscription on <>.

    Ans. The minimum lot size that investors can subscribe to is <> shares.

    Ans. The Mohan Meakin IPO listing date is <>.

    Ans. The minimum lot size for this upcoming IPO is <> shares.