Mohan Meakin Unlisted Share
Mohan Meakin Ltd
INE136D01018
Listing Status: Listed but not traded
About Mohan Meakin Unlisted Share
Overview of Mohan Meakin Unlisted Share
Industry Structure and Developments:
Mohan Meakin Limited (“the Company”) is a Public Limited Company incorporated and domiciled in India with its registered office at Solan Brewery in Himachal Pradesh. It was formerly known as E. Dyer & Co., Dyer Meakin & Co. Ltd., Dyer Meakin Breweries Ltd., and Mohan Meakin Breweries Ltd., and was established as far back as 1855. Its shares are listed on Calcutta Stock Exchange (CSE).The Company is manufacturing Beer of all types and IMFS brands including premium Rums, Whiskies, Brandy, Vodka and GIN. In addition to the main products of Beer and IMFS, the company is manufacturing Juices, Canned products, Corn Flakes, Wheat Porridge and vinegars.
The Company has been pioneer in the liquor industry and made steady progress, and established Breweries and Distilleries in various parts of the Country and has created a respected name for itself by delivering an array of highly successful products. At present, the Company has following manufacturing centers, besides other Breweries & Distilleries established under collaboration arrangements in various other places in India.
Solan Brewery (H.P.) Brewery for manufacture of Beer and Bottling Plant for bottling of IMFL.
Kasauli Distillery(H.P.)DistilleryproducingMaltSpirit.
Mohan Nagar (Ghaziabad)(U.P.) Brewery, Distillery, Breakfast Foods, Fruit Products Factory. Mohangram Bhankarpur (Punjab) Bottling Plant for bottling of IMFL.
Lucknow (U.P.) Distillery - Production stopped for the time being.
The Company is manufacturing Beer of all types and IMFS brands including premium Rums, Whiskies, Brandy, Vodka and GIN. In addition to the main products of Beer and IMFS, the Company is manufacturing Juices, Canned products, Corn Flakes, Wheat Porridge and Vinegars etc. The Company’s products are quite popular in the market and are well received by the customers being quality products.
The Company has introduced premium brand of Single Malt Whisky known as Solan Gold Single Malt Whisky in H.P., which is being introduced in other States of the Country. The product has been well accepted in the market. Company is in the process of increasing its productions not only for H.P. but also for Chandigarh and export to other countries.
The Company’s Products like Old Monk Rum, Old Monk White Rum, Old Monk Legend Rum, Old Monk Deluxe Rum, Old Monk Supreme Rum, Old Monk Apple Rum, Old Monk Orange Rum, Old Monk Gold Reserve Rum, Solan Gold Indian Single Malt Whisky, Old Monk 10000 Super Beer andOld Monk the Original Premium Beer Can areexportedto21countriesi.e.U.A.E., Qatar, Russia, Singapore, Malaysia, Germany, New Zealand, Canada, UK, Australia, Estonia, Hong Kong, USA, Sri Lanka, Ukraine, Nigeria, Togo, Ghana, Congo, Japan and Khazakhastan. The total foreign exchange earned as a result of export of Company’s products to these countries is 5806226US$, 28000 CAD and 54400 Euro, which in Indian Rupees stood at Rs.4197.32 Lacs. Company is also exploring the opportunities to further increase the export to other countries as the products of the company are very popular in foreign market and company is also getting enquiries regarding export to these countries. Old Monk Rum produced by the Company as per many publications is rated as the largest selling brand of Dark Rum. The Company’s revenue streams are from 3 areas of activities i.e. –
- Manufacture and Sale of alcoholic products
- Manufacture and Sale of non-alcoholic products
- Royalty and Technical Know-how by allowing Bottling & Manufacturing of Company’s products throughout India.
Revenue from operations and other income of the Company has registered increase during the year under review and actual sales appear in the Annual Report.
The trend of various State Governments shows that they do not allow free flow of Beer and Whisky manufactured outside the States by putting restrictions and imposing exorbitant import fee as a result the liquor industry established outside the State cannot compete with the importing State. Moreover, due to unabated rise in oil prices, the logistic issues and different regulations applicable in different states with the result that sending the goods from one corner of the country to the other has become a costly affair and is un-remunerative and economically unviable. Therefore, to overcome these obstacles most of the leaders in the liquor Industry have opted for collaboration, technical know-how and bottling arrangements in various other States and our Company is one of them.
Opportunities and Threats:
The company operates in a highly competitive and rapidly changing market. The Company is channeling its efforts into exploring and utilizing excellence in the areas of customer development. Focus on customers, products delivery, service innovation and trained sales force is expected to deliver customer excellence in the coming year.
The Company has taken up several steps to serve its customers in a more efficient, cost effective, reliable and friendly manner, while strengthening its market position in the Industry. The Company will meet the ever- increasing challenges in the business through its quality products, easy reach and quick response to customers. The Management is drawing up plans to make the organization more competitive and strong so that the Company is equipped to face the emerging challenges in the coming years.
However, the fundamentals of the Indian market are very strong and favorable for the alcobev market even though the robust demands was constantly kept in check by the tough operating environment in 2019- 2020.India offers one of the largest growth potential in spirits consumption amongst all markets,
Insights of Mohan Meakin Unlisted Share
The total net revenue, after adjusting excise duty, from operations and other income of the Company registered an increase from Rs. 102778 lacs last year to Rs.110187 lacs. The profit during the year amounted to Rs.5415 lacs which is quite satisfactory in the face of stiff competition in the trade. The Company is taking all necessary steps to achieve higher Sales and it is expected that the measures being taken will bring the desired results barring uncertainty prevailing in the Country due to COVID- 19 Pandemic, which has adversely affected the trade.
Mohan Meakin Ltd is listed on Calcutta Stock Exchange.
Balance Sheet of Mohan Meakin Unlisted Share
Profit and Loss of Mohan Meakin Unlisted Share
Management of Mohan Meakin Unlisted Share
VINAY MOHAN - Director
Shareholding in the company - 8.21 %
HEMANT MOHAN - Managing Director
Shareholding in the company - 3.72 %
LALIT KUMAR MALHOTRA - Director
Shareholding in the company - 0.05 %
YASH KUMAR SEHGAL - Director
Shareholding in the company - 0.01 %
MASILAMANI NANDAGOPAL - Director
Shareholding in the company - 0.01 %
RAMESH CHANDER JAIN - Chief Financial Officer
HIRA HANDA NAND - Company Secretary
MURUGAN NAVAMANI - Director
SHALINI MOHAN - Director
RAMESH CHANDER JAIN - Director
Ancillary of Mohan Meakin Unlisted Share
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
FAQs of Mohan Meakin Unlisted Share
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How to buy Mohan Meakin Ltd?
Below are three ways through which you can purchase Mohan Meakin Ltd:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy Mohan Meakin Ltd, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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How to sell Mohan Meakin Ltd?
Below are three ways through which you can sell Mohan Meakin Ltd:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell Mohan Meakin Ltd, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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What is the price of Mohan Meakin Ltd?
We provide a two way quote on all the shares we deal in. Your buy price for Mohan Meakin Ltd is ₹1895 and your sell price for Mohan Meakin Ltd is ₹1750. The price is based on our estimates and market conditions.
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What is the lock-in period of Mohan Meakin Ltd?
The lock-in period for Mohan Meakin Ltd varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of Mohan Meakin Ltd
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Mohan Meakin Ltd
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
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How is the Mohan Meakin Ltd price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Mohan Meakin Ltd. The price is also determined from the most recent funding round for Mohan Meakin Ltd. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
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What are the lot sizes of Mohan Meakin Ltd?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Mohan Meakin Ltd with us kindly click here.
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What are the financials of Mohan Meakin Ltd?
The financials of Mohan Meakin Ltd which includes the P/L of Mohan Meakin Ltd and the Balance Sheet of Mohan Meakin Ltd is in the financials section (Click on link).
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Where can I find the annual report of Mohan Meakin Ltd?
The annual report of Mohan Meakin Ltd is available in the annual report section (Click on link).
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Is buying Mohan Meakin Ltd legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
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Short-term Capital Gain taxes to be paid on Mohan Meakin Ltd?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
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Long-term Capital Gain taxes to be paid on Mohan Meakin Ltd and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
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Applicability of Taxes on Mohan Meakin Ltd once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source Mohan Meakin Ltd?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying Mohan Meakin Ltdfrom its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
Press of Mohan Meakin Unlisted Share
Annual Report of Mohan Meakin Unlisted Share
Company Information of Mohan Meakin Unlisted Share
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