214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Northern Spirits IPO (Northern Spirits Limited IPO) Detail

Northern Spirits Limited is an Retail based company, located in Kolkata, Northern Spirits Limited IPO size was 18.50 Cr. and was issued at 43.00 per share. The share of Northern Spirits Limited were listed at 43.10 per share and are currently trading at 165.00 per share.

Type :
Sub Sector :
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
97.32 Cr.

PAT :
5.50 Cr.

Pricing Report

Issue Price :
43.00

Listing Price :
43.10

Current Market Price :
165.00

Issue Price vs CMP :
122 (283.72%)

listing Price vs CMP :
121.9 (282.83%)

Performance Report (CAGR* wise)

CAGR : 22.89
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Northern Spirits

Company Information
Northern Spirits had embarked in 2012 on a journey as Northern Spirits Pvt. Ltd to make a mark in the liquor business. Northern Spirits chose New Delhi (NCR) as its business capital, the paradise that constantly brews promises for the liquor entrepreneurs. NCR cherishes the pride of a trendsetting alcohol consumption pattern that has inspired Northern Spirits to select New Delhi as the starting point. And the best thing is that it has been enjoying a business growth of 40% YOY for last 4years. The Promoters of Northern Spirits have a commendable experience of more than 35 years that includes: A strong start in Punjab since 1975 and then in Maharashtra through
Object of Issue
  • To meet the working capital requirements of the company
  • To meet the Issue Expenses
  • General Corporate Purposes

Northern Spirits SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Apr, 2019
IPO Size :
18.50 Cr.
IPO Subscription :
1.30 X     
PE Multiple :
12.54
Anchor Investors:
Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

See Other SME IPOs in Kolkata

Greenleaf Envirotech Limited

  Providing engineering, procurement, construction (EPC) and turnkey solutions for Wastewater Treatment Projects (WWT)

  Surat


DSM Fresh Foods Limited

  Fresh meat and ready-to-cook/eat non-veg products retailer

  New Delhi


Shlokka Dyes Limited

  Manufacturing of reactive dyes and pigments

  Bharuch


Sheel Biotech Limited

  Business of growing, developing, processing, and supplying a wide range of plants for field crops, fruits, vegetables, and ornamental plants

  New Delhi


Munish Forge Limited

  Manufacturing premium forged and cast components

  Ludhiana


Peer Companies Of This Sector

FAQs

Northern Spirits operates in Retail and . The Issue is listed on BSE SME in Apr, 2019. Northern Spirits IPO size was 18.50 Cr. with Issue price of 43.00 .

Northern Spirits IPO subscription was 1.30 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Northern Spirits IPO listed at a listing price of 43.10 against the offer price of 43.00.

The current market price of Northern Spirits is 165.00.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency