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Aspri Spirits gets SEBI’s nod for IPO

18 May 2026 Evaluate

Aspri Spirits has secured Securities and Exchange Board of India’s (SEBI's) approval to raise funds through initial public offering (IPO), which comprises a fresh issue of shares worth Rs 140 crore. Apart from the fresh issue of shares, there will be an offer for sale (OFS) of 50 lakh shares by promoters and other shareholders such as Emerald Electronics and Whiteline Impex, among others.

Proceeds from the fresh issue will support debt payment for the company and its subsidiaries -- Vinspri Distributors, P M Marketing, Asdis Drinks India, and Aspri Spirits FZE and general corporate purposes. The shares of the company are proposed to be listed on BSE and NSE. 

Founded in 2004, Aspri Spirits has an expansive portfolio of 323 brands as of September 30, 2025 -- the largest in the nation by brand count. 


Peers
Company Name CMP
United Spirits 1250.10
United Breweries 1350.10
Radico Khaitan 3501.85
India Glycols 981.25
Allied Blenders 571.60
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