United Spirits Limited: IPO Details, Share Price, Products, Financials and Investment Insights
Introduction
Welcome to our comprehensive analysis on United Spirits Limited. In this blog post, we will delve into the significant aspects of this prominent company, including its IPO details, share price, extensive product range, financial health, and the potential value of an investment made five years ago.
United Spirits Limited IPO Details
The IPO of United Spirits Limited was launched on October 8, 1993. It was a major event in the Indian stock market, attracting considerable attention from both retail and institutional investors.
IPO Price and Current Share Price
The initial offering price for United Spirits Limited’s IPO was set at INR 140 per share. As of October 2023, the current share price of United Spirits Limited is approximately INR 800 per share, showcasing significant growth over the years.
Products Offered by United Spirits Limited
United Spirits Limited boasts a diverse portfolio of products spanning various categories within the alcoholic beverages industry. Key products include:
- Whisky: Johnnie Walker, Black Dog, Royal Challenge
- Rum: McDowell’s No.1, Captain Morgan
- Brandy: McDowell’s No.1 Brandy
- Vodka: Smirnoff
- Wine: Four Seasons
Company Financial Details
United Spirits Limited has demonstrated robust financial performance over the years. For the fiscal year ending March 2023, the company reported:
- Revenue: INR 27,000 Crores
- Net Profit: INR 3,000 Crores
- A consistent growth trajectory in terms of revenue and profitability
These strong financials underline the company’s dominant position in the Indian alcoholic beverages market.
Investment Insights: Value of INR 10,000 Invested 5 Years Ago
For investors looking to gauge the potential returns, an investment of INR 10,000 in United Spirits Limited five years ago would have appreciated considerably. Considering the share price was approximately INR 400 in October 2018, let’s evaluate the estimated returns as of October 2023:
Initial number of shares bought: INR 10,000 / INR 400 = 25 shares
Current value of shares: 25 shares * INR 800 = INR 20,000
Thus, an initial investment of INR 10,000 would have doubled in value, yielding INR 20,000 and highlighting the company’s strong growth trajectory.