Monika Alcobev Limited
Pine Oak sold 3,00,000 shares of Monika Alcobev Limited for ₹7.26 Cr at ₹242.00 apiece in a bulk deal.
A spirits and wine distributor operating across the Indian subcontinent, Monika Alcobev handles importing, logistics, distribution, sales, marketing, and branding of premium spirits, wines, and liqueurs. The company provides comprehensive end-to-end services across the entire alcoholic beverages value chain, positioning itself as a key player in India's organized spirits and wine market. It caters to retail and institutional customers through its integrated distribution network.
Pine Oak Global Fund is a foreign portfolio investor that acts as an anchor investor in Indian SME IPOs. It has invested across sectors such as logistics, textiles, infrastructure, pharmaceuticals, and solar.