247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Northern Spirits Limited IPO (Northern Spirits IPO) Details

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 198.95 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 :
198.95

Issue Price vs CMP :
155.95 (362.67%)

listing Price vs CMP :
155.85 (361.60%)

Performance Report (CAGR* wise)

CAGR : 30.2
-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.

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
IPO Registrar:
Cameo Corporate Services Limited
Anchor Investors:

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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 198.95.

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