Josh Bevertech IPO is a proposed NSE SME Book Built public issue by Josh Bevertech Limited. The company is engaged in the manufacturing, marketing and distribution of club soda and a variety of carbonated soft drinks under the brand name “JOSH – Har Sip Mein Josh”. The company offers multiple beverage flavours including Jeera, Lemon, Cola, Orange, Litchi, Apple and Berry in various pack sizes ranging from 200 ml to 2 litres.
The proposed IPO consists of a fresh issue of up to 27,00,000 equity shares of face value ₹10 each. The company intends to utilize the proceeds towards working capital requirements, capital expenditure requirements and general corporate purposes.
Josh Bevertech Limited traces its origins to the partnership firm M/s Sheela Foods, established in 2013. The business was converted into a public limited company in June 2023 before initiating the IPO process.
The company operates from Gujarat and focuses on beverage manufacturing and distribution through its own product portfolio. The shares are proposed to be listed on the NSE EMERGE platform.
Table of Contents
Josh Bevertech IPO Details Information
| Particulars | Information |
|---|---|
| IPO Name | Josh Bevertech IPO |
| Company Name | Josh Bevertech Limited |
| IPO Type | Book Build Issue |
| IPO Category | NSE SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | Yet to be Updated |
| Issue Size | Yet to be Updated |
| Fresh Issue | Up to 27,00,000 Equity Shares |
| Offer for Sale | Nil |
| IPO Open Date | Yet to be Updated |
| IPO Close Date | Yet to be Updated |
| Anchor Investor Bidding | Yet to be Updated |
| Basis of Allotment | Yet to be Updated |
| Refund Initiation | Yet to be Updated |
| Shares Credited to Demat Account | Yet to be Updated |
| Listing Date | Yet to be Updated |
| Listing Exchange | NSE EMERGE |
| Lot Size | Yet to be Updated |
| Registrar | Skyline Financial Services Private Limited |
| Book Running Lead Manager | Swaraj Shares and Securities Private Limited |
The company filed its Draft Red Herring Prospectus for listing on NSE EMERGE. The final issue size, price band and dates are yet to be announced.
Josh Bevertech IPO Dates
The Josh Bevertech IPO dates have not been announced yet. The company is expected to provide the IPO opening date, closing date, basis of allotment date, initiation of refunds, share credit date and listing date through the final prospectus and official exchange announcements. Investors should check the latest NSE SME and company-related updates for the confirmed IPO schedule once it is announced. Until the official dates are disclosed, investors should avoid relying on unverified timelines or tentative dates.
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | Yet to be Updated |
| IPO Opening Date | Yet to be Updated |
| IPO Closing Date | Yet to be Updated |
| Basis of Allotment | Yet to be Updated |
| Refund Initiation | Yet to be Updated |
| Shares Credited to Demat Account | Yet to be Updated |
| Listing Date | Yet to be Updated |
The final IPO schedule will be available once the company files the updated offer documents and receives the necessary approvals.
Josh Bevertech IPO Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Up to 50% |
| Non-Institutional Investors (NII) | Not Less Than 15% |
| Retail Individual Investors (RII) | Not Less Than 35% |
| Market Maker | As Per Prospectus |
The Josh Bevertech IPO reservation will specify how the shares offered in the issue are allocated among the different categories of investors, as disclosed in the final prospectus. The reservation structure may include portions for retail investors, non-institutional investors and other eligible categories, subject to the applicable NSE SME IPO rules. Investors should refer to the final prospectus for the exact category-wise reservation and number of shares reserved. The final allocation may also depend on the subscription received in each category and the basis of allotment finalized by the registrar.
Josh Bevertech IPO Lot Size
The company has not yet announced the minimum lot size.
| Application | Shares | Amount |
|---|---|---|
| Retail Minimum | Yet to be Updated | Yet to be Updated |
| Retail Maximum | Yet to be Updated | Yet to be Updated |
| HNI Minimum | Yet to be Updated | Yet to be Updated |
The minimum bid lot will be determined before the IPO opening.
About Josh Bevertech Limited
Josh Bevertech Limited was incorporated on June 20, 2023 following the conversion of the partnership firm M/s Sheela Foods into a public limited company. The original partnership business commenced operations in 2013 and has been engaged in the beverage manufacturing industry.
The company manufactures club soda and carbonated soft drinks under the “JOSH” brand. Its product portfolio includes multiple flavours such as Jeera, Lemon, Cola, Orange, Litchi, Apple and Berry, catering to diverse consumer preferences.
Josh Bevertech focuses on beverage manufacturing, branding, marketing and distribution through its established distribution network. The company aims to strengthen its market presence and expand its product reach across India.
Business Operations
The company operates in the non-alcoholic beverage segment.
- Club Soda Manufacturing.
- Carbonated Soft Drinks.
- Lemon Flavoured Drinks.
- Cola Flavoured Drinks.
- Jeera Flavoured Drinks.
- Orange Flavoured Drinks.
- Litchi Flavoured Drinks.
- Apple Flavoured Drinks.
- Berry Flavoured Drinks.
- Beverage Distribution and Marketing.
Industry Overview
The Indian soft drinks and carbonated beverages market continues to grow due to increasing urbanization, rising disposable incomes and expanding distribution channels. Consumer demand for flavoured beverages and packaged drinks has supported growth opportunities for regional and national beverage brands.
The organized beverage sector benefits from improving retail penetration, modern trade expansion and increasing demand from semi-urban and rural markets.
Business Strategy
Josh Bevertech intends to strengthen its distribution network, increase production capabilities and expand its market presence. The company also plans to utilize IPO proceeds towards working capital and capital expenditure requirements to support future growth.
The company aims to improve manufacturing efficiencies while increasing brand visibility in existing and new markets. Expansion of distribution infrastructure remains an important part of its growth strategy.
Josh Bevertech IPO Financial Information
Josh Bevertech Limited has filed its Draft Red Herring Prospectus (DRHP) containing information about its business operations and financial performance. However, complete and updated financial information for the latest reporting period may not yet be available in the finalized prospectus format. Investors should refer to the final prospectus and audited financial statements once published for detailed information on the company’s revenue, profit, assets, liabilities, cash flows and other key financial indicators. These financial details can help investors assess the company’s financial position, operating performance and valuation before making an investment decision.
Josh Bevertech Financial Summary
| Particulars | FY2021 | FY2022 | FY2023 |
|---|---|---|---|
| Revenue from Operations | |||
| Total Income | |||
| EBITDA | |||
| Profit Before Tax (PBT) | |||
| Profit After Tax (PAT) | |||
| Net Worth | |||
| Total Borrowings | |||
| Total Assets |
Updated financial information will be available after the company files the RHP and final prospectus.
Josh Bevertech IPO Key Performance Indicators (KPIs)
| KPI | Value |
|---|---|
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| PAT Margin | |
| EBITDA Margin | |
| Debt-to-Equity Ratio | |
| EPS | |
| Net Asset Value (NAV) Per Share |
The final KPI data will be available in the updated prospectus.
Objects of the Josh Bevertech IPO
The company intends to utilize the net proceeds from the fresh issue for the following purposes:
- Funding Working Capital Requirements.
- Funding Capital Expenditure Requirements.
- General Corporate Purposes.
- Meeting Issue Related Expenses.
The proposed utilization of proceeds is aimed at supporting business expansion and operational growth.
Josh Bevertech IPO Listing Performance
Josh Bevertech IPO listing performance will be available after the shares are listed on the NSE SME platform. Investors can monitor the listing price and compare it with the IPO issue price to assess the initial market performance of the stock. The listing performance may be influenced by overall market conditions, investor sentiment, IPO subscription levels, company fundamentals and demand for the shares. Investors should also note that the listing-day performance may differ from the company’s long-term business performance, so investment decisions should be based on a broader evaluation of financial results, growth prospects, valuation and associated risks.
| Particular | Value |
|---|---|
| Listing Exchange | NSE EMERGE |
| Listing Date | Yet to be Updated |
| Issue Price | Yet to be Updated |
| Listing Price | Yet to be Updated |
| Listing Gain | Yet to be Updated |
| Listing Gain (%) | Yet to be Updated |
Josh Bevertech IPO Subscription Status
Josh Bevertech IPO subscription status will provide investors with details of the demand received for the issue during the IPO bidding period. The subscription data generally includes the number of times the IPO has been subscribed across different investor categories, such as Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs) and Retail Individual Investors, as applicable. Investors can track the subscription figures on each day of the IPO and monitor changes in demand until the issue closes. The final subscription figures can help investors understand the level of investor interest in the IPO, although subscription numbers alone should not be considered a measure of the company’s future performance or investment potential.
Josh Bevertech IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | Yet to be Updated |
| Non-Institutional Investors (NII) | Yet to be Updated |
| Retail Individual Investors (RII) | Yet to be Updated |
| Total Subscription | Yet to be Updated |
Subscription details will be updated after the IPO opens.
Josh Bevertech IPO Review
Josh Bevertech Limited operates in the beverage manufacturing segment with a portfolio of carbonated soft drinks and club soda products marketed under the JOSH brand. The company has established a presence in flavored beverage categories and focuses on regional distribution expansion.
The IPO proceeds are proposed to be used for working capital requirements, capital expenditure and general corporate purposes, indicating management’s focus on scaling operations and supporting future growth initiatives.
Investors should evaluate the company’s future growth prospects, competitive position in the beverage industry, financial performance and final IPO valuation once the price band and updated financial statements become available.
Josh Bevertech IPO Strengths
- Established beverage brand portfolio.
- Presence in multiple flavored carbonated drink categories.
- Manufacturing and distribution capabilities.
- Experienced promoter background.
- Focus on working capital strengthening.
- Expansion-oriented growth strategy.
- Diverse beverage offerings.
- Presence in the soft drinks segment.
Josh Bevertech IPO Risk Factors
- High competition in the beverage industry.
- Dependence on distribution network expansion.
- Raw material cost fluctuations.
- Brand visibility challenges against larger players.
- Regulatory and food safety compliance requirements.
- Dependence on consumer preferences.
- Seasonal demand variations.
- Final valuation yet to be announced.
Josh Bevertech IPO Promoters
Josh Bevertech Limited is promoted by Malik Mohammed Keshwani and Munira Malik Keshwani, who are the key promoters associated with the company’s business and management. The promoters play an important role in guiding the company’s strategic direction, operations and future growth plans. Their experience and involvement are relevant factors for investors assessing the company’s management strength and long-term business strategy. Investors should also review the promoters’ shareholding, background, experience and other disclosures provided in the company’s final prospectus before making an investment decision.
Josh Bevertech IPO Promoters Details
| Promoter | Designation |
|---|---|
| Malik Mohammed Keshwani | Promoter |
| Munira Malik Keshwani | Promoter |
Josh Bevertech IPO Management Team
| Name | Designation |
|---|---|
| Malik Mohammed Keshwani | Managing Director |
| Munira Malik Keshwani | Director |
| Keshita Priyank Dhruv | Company Secretary & Compliance Officer |
Josh Bevertech IPO Registrar Details
The registrar is responsible for allotment, refunds and investor services.
| Particular | Details |
|---|---|
| Registrar Name | Skyline Financial Services Private Limited |
| Website | www.skylinerta.com |
| IPO Allotment Status | Yet to be Updated |
| Email ID | [email protected] |
| Contact Person | Mr. Anuj Rana |
Josh Bevertech IPO Lead Manager Details
| Particular | Details |
|---|---|
| Lead Manager | Swaraj Shares and Securities Private Limited |
| Website | www.swarajshares.com |
| [email protected] | |
| Contact Persons | Ankita Patel / Tanmoy Banerjee |
Josh Bevertech Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Josh Bevertech Limited |
| Registered Office | PLT 1601/8, 3rd Phase, Near Marine Cable, Umbergaon, Valsad, Gujarat – 396171 |
| Website | www.sheelafoods.com |
| Email ID | [email protected] |
| Contact Person | Keshita Priyank Dhruv |
How to Check Josh Bevertech IPO Allotment Status
Investors can check the Josh Bevertech IPO allotment status after the basis of allotment is finalized by the registrar. The allotment status generally provides details about whether shares have been allotted to the applicant and, if allotted, the number of shares received. Investors can check the status online by entering details such as their PAN number, application number or other required credentials on the registrar’s website. The IPO allotment status may also be available through the NSE website, depending on the applicable process. If shares are allotted, they are expected to be credited to the investor’s demat account, while funds blocked for unsuccessful applications are generally released as per the applicable timeline.
Through Skyline Financial Services
- Visit the official Skyline Financial Services allotment portal.
- Select Josh Bevertech IPO.
- Enter PAN, Application Number or DP ID.
- Submit details.
- View allotment status.
Through NSE
- Visit the NSE IPO allotment page.
- Select Josh Bevertech IPO.
- Enter required details.
- Submit information.
- Check allotment status.
Josh Bevertech IPO Conclusion
Josh Bevertech IPO is an upcoming NSE SME IPO comprising a fresh issue of up to 27,00,000 equity shares. The company is engaged in the manufacturing and marketing of club soda and carbonated beverages under the JOSH brand. It aims to strengthen its presence in the beverage market by expanding its distribution network, improving operational capabilities and catering to growing demand for packaged carbonated beverages. The company operates in a competitive industry where product quality, pricing, brand recognition and distribution reach play an important role in determining market success.
The company proposes to utilize the IPO proceeds for working capital requirements, capital expenditure and general corporate purposes. The funds may help support day-to-day business operations, inventory requirements, production activities and expansion of its operational infrastructure. By strengthening its working capital position and investing in its business capabilities, Josh Bevertech intends to improve its ability to meet customer demand and support future growth. The company’s growth prospects will also depend on its ability to expand its market reach, build the JOSH brand and compete effectively with established and regional beverage companies.
Investors should consider the company’s financial performance, revenue and profitability trends, cash flows, debt levels, working capital requirements and valuation before making an investment decision. The beverage industry remains highly competitive and the company may face risks related to changing consumer preferences, competition, raw material costs, distribution challenges and execution of its expansion plans. Investors are advised to carefully review
Josh Bevertech IPO FAQs
What is Josh Bevertech IPO?
Josh Bevertech IPO is an upcoming NSE SME IPO by Josh Bevertech Limited.
What is the issue size of Josh Bevertech IPO?
The IPO consists of a fresh issue of up to 27,00,000 equity shares.
What is the price band of Josh Bevertech IPO?
The price band is yet to be announced.
Is there an Offer for Sale in Josh Bevertech IPO?
No, the IPO primarily consists of a fresh issue.
What are the objects of the issue?
The proceeds will be used for working capital, capital expenditure and general corporate purposes.
Who are the promoters of Josh Bevertech Limited?
Malik Mohammed Keshwani and Munira Malik Keshwani are the promoters.
Which exchange will list the shares?
The shares are proposed to be listed on NSE EMERGE.
Who is the registrar for Josh Bevertech IPO?
Skyline Financial Services Private Limited is the registrar.
Who is the lead manager of Josh Bevertech IPO?
Swaraj Shares and Securities Private Limited is the Book Running Lead Manager.
What products does Josh Bevertech manufacture?
The company manufactures club soda and carbonated soft drinks in flavours such as Jeera, Lemon, Cola, Orange, Litchi, Apple and Berry under the JOSH brand.
