2026-05-18 03:46:27 pm | Source: Accord Fintech
Aspri Spirits gets SEBI`s nod for IPO
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.
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