Nuvama Contribution

• With this IPO, Nuvama continues its dominance in taking Consumer Stories to the Indian capital markets and remains a “Banker of Choice” for Consumer IPOs
• Nuvama garnered anchor participation from a diverse investor set including ‘Long Only’ FIIs and Mutual Fund
• Pushed the story aggressively through our distribution channel to garner strong interest in HNI & Retail category resulting in 15 lakh+ applications^{^}

Deal Details

• Highest subscribed Alcobev IPO in India in last 2 decades
• Deal saw strong participation across investor categories garnering more than INR 26,000 crs^{^}
  • QIB – ~52.90x*, HNI – ~34.06x*, Retail – ~4.73x*
• 95% anchor book was allocated to LO investors
• Company saw stellar IPO Listing with equity shares opening at 13.9%^# premium showcasing investor confidence in Company’s business and management team

“Working with the Nuvama Team was a high spirited experience and they have immensely contributed to the success of this IPO. Nuvama along with other BRLMs provided correct guidance throughout the process, to timing of the IPO launch, to getting relevant anchor investors converted and to strategizing the Retail and HNI marketing, Nuvama Team was very proactive and their high energy engagement ensured the best outcome for us. We immensely value their inputs and look forward to their advise and guidance in our listed journey that has just begun”  

                     – Alok Gupta, Managing Director