Mohan Meakin Limited, incorporated in 1855, is the oldest brewery company of India. . The company operates through two business segments via Alcoholic products like Premium Rums, Whiskies, Brandy, Vodka, Beer, Gins etc. and Non-Alcoholic products like Juice, Vinegar, Breakfast foods etc. The company has also launched new products such as Old Monk Gold Reserve, Old Monk Supreme and a clutch of limited editions which has helped them to recoup sales to over 5 million cases.
*Disclaimer: Investors should consider certain risk factors such as wide bid ask spread, delay in expected IPO, change in underlying business fundamentals impacting adversely on original investment rationale, security becoming further illiquid due to demand/supply imbalance and IPO floor may turn out to be lower than investors expectation.