Aspri Spirits IPO Description – Established in 2004, Aspri Spirits is India’s largest alco-beverage distribution and brand development platform by portfolio size, managing 323 brands, 835 SKUs, and partnerships with 89 global suppliers across 36 countries as of September 2025. The company operates as an integrated import, marketing, and distribution partner for international premium and luxury alco-beverage brands across India and South Asia. Its portfolio spans whisky, vodka, gin, tequila, rum, cognac, wine, beer, and liqueurs, featuring globally recognised brands such as Whyte & Mackay, Dalmore, Camus, Beluga, Amarula, and Henkell.
The company has built a pan-India distribution network covering 28 states and union territories with access to over 17,000 outlets and more than 1,800 institutional, retail, hospitality, and travel retail customers. It primarily focuses on the premium and luxury segment, achieving an industry-leading average net realisation of INR 17,666 per case in FY25, significantly above the industry average of INR 1,000–2,000 per case. As of 30 September 2026, the company has a manpower of 287 employees.
Promoters of Aspri Spirits – Jaikishan Sham Matai, Matai Jackie Sham HUF, Gautam Nandkishore Matai, Arunkumar Venkat Bangalore and Pritish Jaikishan Matai
Aspri Spirits IPO Details
| Aspri Spirits IPO Dates | Coming soon |
| Aspri Spirits Issue Price | Coming soon |
| Fresh Issue | INR 140 crore |
| Offer For Sale | 50,00,000 shares |
| Total IPO Size | Coming soon |
| Minimum Bid (Lot Size) | Coming soon |
| Pre-issue Shares | *** shares |
| Face Value | INR 5 per share |
| Listing On | NSE, BSE |
Aspri Spirits IPO Allocation in Different Categories
Aspri Spirits Financial Performance
| FY 2023 | FY 2024 | FY 2025 | Q1 FY 2026 | |
| Revenue | 378.25 | 418.73 | 460.68 | 119.56 |
| Expenses | 350.91 | 397.76 | 438.88 | 107.55 |
| Net Income | 19.52 | 15.54 | 17.45 | 9.84 |
| Margin (%) | 5.16 | 3.71 | 3.79 | 8.23 |
Aspri Spirits Offer News
Aspri Spirits Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2026* (Post-Issue) | |
| EPS | 7.45 | 5.93 | 6.66 | – |
| PE Ratio | – | – | – | – |
| Price/Sales Ratio | – | – | – | – |
| Price/Book Ratio | – | – | – | – |
| Current Ratio | 1.40 | 1.44 | 1.59 | – |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 46.09 | 27.44 | 23.66 |
| NAV | 1,098.58 | 1,468.84 | 1,913.49 |
| ROCE (%) | 0.30 | 0.21 | 0.20 |
| EBITDA (%) | 9.89 | 8.42 | 8.13 |
| Debt/Equity | 1.76 | 1.81 | 1.39 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
Aspri Spirits IPO Anchor Investors
Aspri Spirits raises () from anchor investors. Aspri Spirits Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Aspri Spirits IPO GMP Today (Daily Trend)
Aspri Spirits Offer Objectives
The company proposes to utilise net proceeds from the issue towards the following objects:
- Repayment/Pre-payment, in part or full, of all or certain outstanding borrowings of the company – INR 76 crore
- Investment in subsidiaries Vinspri Distributors Private Limited, P M Marketing Private Limited, Asdis Drinks India Private Limited and Aspri Spirits FZE for repayment/prepayment, in full or in part, of certain or all of its borrowings – INR 29 crore
- General Corporate Purposes
Aspri Spirits IPO Subscription – Live Updates
Coming soon
() shares allotted to anchor investors are not included in these calculations.
Aspri Spirits – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Aspri Spirits | – | 6.66 | 23.66 | 1,913.49 | 460.68 |
| United Spirits | 64.47 | 22.28 | 19.52 | 111.42 | 27,276.00 |
| Radico Khaitan | 125.19 | 25.82 | 12.55 | 205.80 | 17,098.50 |
| Allied Blenders and Distilleries | 85.72 | 7.19 | 12.47 | 55.88 | 8,073.16 |
| Sula Vineyards | 25.85 | 8.32 | 11.97 | 69.46 | 619.38 |
Aspri Spirits IPO Allotment Status
You can check Aspri Spirits IPO allotment status on Bigshare Services Private Limited website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
Aspri Spirits IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalisation of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| Aspri Spirits IPO Listing Date | Coming soon |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Aspri Spirits IPO Reviews – Subscribe or Avoid?
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Aspri Spirits IPO Lead Manager
MOTILAL OSWAL INVESTMENT ADVISORS PRIVATE LIMITED
Motilal Oswal Tower, Rahimtullah Sayani Road
Opposite Parel ST Depot, Prabhadevi
Mumbai 400 025, Maharashtra, India
Phone:91 22 7193 4380
Email: [email protected]
Website: www.motilaloswal.com
Aspri Spirits Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No S6-2 6th Floor, Pinnacle Business Park,
Mahakali Caves Rd, next to Ahura Centre,
Andheri East, Mumbai-400093
Tel: 022-62638200
E-mail: [email protected]
Website: www.bigshareonline.com
ASPRI SPIRITS LIMITED
1203, C/o Riana Business Center, 12th floor,
‘A’ Wing, Kanakia Wall Street, Chakala,
Andheri Kurla Road, Andheri East, Mumbai – 400 093
Phone: +91 22 4250 5100
Email: [email protected]
Website: www.asprispirits.com
IPO Resources
How many shares in Aspri Spirits IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Aspri Spirits Public Offer?
What is Aspri Spirits IPO GMP today?
Aspri Spirits IPO GMP today is INR NA per share.
What is Aspri Spirits Subject to Sauda rate today?
Aspri Spirits Subject to Sauda rate today is INR NA per application.
Krishna comes from a family of investors and financial analysts, She learnt wading through regulatory filings pretty early in her career. She has several years of experience in financial and industry analysis under her belt. At IPO Central, Krishna plays twin roles of Contributor and Head of research desk.
