Mohan Meakin Limited Unlisted Shares

(i) The history of Mohan Meakin back to the establishment of a Brewery at Kasauli by Edward Dyer in 1855. He was India’s brewing pioneer who brought – the modern beer. He realized for the first time that there were a few spots on earth where a really good drink was more welcome and Kasuali was one of them.

(ii) During the same century, another enterprising man, named H.G. Meakin, coming from a well-known brewing family of Burton-on-Trent where he was trained, came forward with enviable enthusiasm and founded Meakin & Co. Ltd. He bought the old Simla and Kasauli Breweries and built others at Dalhousie, Ranikhet, Chakrarta, Darjeeling and Kirkee.

(iii) Both these firms E. Dyer & Co., and Meakin & Co. Ltd., continued doing business separately up till after the second decade of the 20th century. During the first World War (1914-18), when it was a big job to import beer, the two firms quenched the hugely increased thirst of India with superb beer at a rock-bottom price. Vast quantities of Malted Barley were sent to Egypt, to help keep soldiers’ beer at a reasonable price.

(iv) Following these successes, the two firms joined hands and started a new joint-stock venture under the style of Dyer Meakin & Co.Ltd. Brewing was suspended at the Kasauli Brewery and a latest brewing and bottling plant was installed at conveniently placed Solan. Extensive malting at Kasauli was, however, continued in operation. There are few places on earth where the water is ideally suited to brewing. Solan is one.

With the times, as modern scientific progress made it possible to augment production several times with the latest machinery, the unproductive centers were closed down one by one retaining distilleries at Kasauli and Lucknow and brewery at Solan (Simla Hills); all the three centers enormously expanded to meet any expected demand.

In 1935 when Burma was dismembered from India the name of the Company with Indian assets and liabilities was changed to Dyer Meakin Breweries Ltd., from Dyer Meakin & Co. Ltd., and the assets and liabilities of Burma Brewery in Burma were separated. Thereafter the Company’s name was changed from Dyer Meakin Breweries Ltd. to Mohan Meakin Breweries Ltd., w.e.f. 1.11.1966 and from 24.4.1980 the name was further changed to Mohan Meakin Ltd., and as such the Company is now known as Mohan Meakin Limited.

Year 1949 saw a dynamic transformation in the fortunes of the Company, with late Padamshree N.N. Mohan at the helm of affairs. With his far-sightedness he set up big industrial hub near Ghaziabad (U.P.) known as Mohan Nagar by establishing there various manufacturing Units namely Brewery, Distillery, Malt Houses, Glass, Ice, Break-fast Food, Fruit Products and Juices, Malt Extract factories, Cold Storage and Mohan Engineering Works etc. and there has been no looking back since then.

(v) The Company’s remarkable performance is not limited to liquor, its business interests are manifold. Turning foresight into reality is the Fruit juices, Breakfast Foods, Mineral Water and Glass Factory – a strategic diversification to further reinforce its business interests.

Mohan Meakin Limited Unlisted Shares Details:

Total Available Shares:	100
Face Value:	₹ 5 Per Equity Share
ISIN:	INE136D01018
Lot Size:	50 Shares
Current Unlisted Share Price:	₹ 1275 Per Equity Share

Promoters And Management:

1. Mr. Hemant Mohan- Managing Director 2. Mr. L.K. Malhotra- Director 3. Mr. Vinay Mohan- Director 4. Mr. Yash Kumar Sehgal- Director

Company Business:

The Company mainly deals in the following products. A. Alcoholic Products 1. Whiskey. 2. Beers. 3. Brandies. 4. Rum (Most famous Old Monk). B. Non-Alcoholic Products: 1. Juices 2. Mineral Water 3. Vinegar 4. Breakfast Foods C. Manufactures - Glass Bottles D. Extracts - Mall Extract E. Exports - Beer, Rum, Whisky, Brandy & Gin.

Financials of Mohan Meakin Limited Unlisted Shares:

Financial Statements Analysis (Fig. in Lakhs) 1. Balance Sheet

Particulars	2019	2020	2021	2022
Share Capital	425.42	425.42	425.42	425.42
Reserves	8,791	11,356	15,413	20,685
Borrowings	1,185	860	90	1,720
Other Liabilities	12,609	12,851	13,071	12,038
Total Liabilities	23,011	25,493	28999	34,868
Fixed Assets	4,648	5,237	5,842	6,122
CWIP	827	896	730	803
Investments	249	217	240	359
Other Assets	17,286	19,142	22,187	27,584
Total Assets	23,011	25,493	28999	34,868

2. P&L Statement

Particulars	2019	2020	2021	2022
Sales	94,794	1,02,093	1,09,901	1,37,042
COGS	10,176	12,194	12,496	14,803
Expenses	90,408	98,567	1,05,074	1,15,478
Operating Profit	5,687	4,953	5,926	6,761
OPM	6.00%	4.85%	5.39%	4.93%
Other Income	619	683	286	896
Interest	297	267	291	156
Depreciation	385	475	522	605
Profit before Tax	4,953	4,209	5,113	6,898
Tax	33.07%	37.27%	33.33%	25.40%
Net Profit	3,315	2,640	4,030	5,146
EPS	38	31	47	60
Dividend Payout	-	-	-	-

3. Cash-Flow Statements

Particulars	2019	2020	2021	2022
Cash flow from Operating Activity	4,936	1,482	2,970	4,768
Cash flow from Investing Activity	-2,341	-875	-864	-4,002
Cash flow from Financing Activity	-2,042	-526	-919	-101
Net Cash Flow	551	79	1187	665
Free Cash Flow	2,520	479	1896	3,769

UnlistedZone Review FY21: 1. The company in the FY20-21 has shown decent growth in Revenue and PAT, despite economy suffered badly due to covid-19 pandemic. 2. The company is virtually debt-free. Mohan Meakin has reduced the debt from ~12 Cr in FY19 to ~1Cr in FY21. 3. The company has excellent ROE of 25% and ROCE of 40% in FY21. 4. Mohan Meakin unlisted share is trading at P/E of 23x and Mcap/Sales of less than 1. 5. Mohan Meakin unlisted share has generated ~50 Crores of free cash flow in the last 3 years. And, has done capex of ~20 Cr in the last 2 years. 6. LIC is holding ~8.3% shares in the company. UnlistedZone Review FY22:

1. The revenue has increased from 1100 Crores in FY21 to 1370 Crores in FY22. An excellent growth of 25%. 2. EBITDA Margin in FY22 stands at 5.70% and in FY21 it was 5.53%. 3. PAT has increased from 40 Crores in FY21 to 51 Crores in FY22. A growth of 27%. 4. Total EPS in FY22 is Rs.60 per share. 5. Unlisted Share Price of Mohan Meakin is Rs. 1300 per share. So, P/E is 21.66x. Looks reasonable priced as compared to its peers. 6. Mohan Meakin is a debt free company. 7. Current Ratio is 2.09x. Anything Above 1.5x is considered as good. So, Mohan Meakin will not face any issue in short term. 8. In Fy22 Mohan Meakin has generated a Cash from operation of 47 Crores. In FY22, they have purchased a PPE of 10 Crores. So, net free cash flow is 37 Crores. 9. ROE = 24%. Anything above 20% is considered good. In Fy22, Mohan Meakin has sold a land in Lucknow for 3 crores. This 3 Crores is booked as exceptional item in P&L. 10. As on 31.03.2022, they have cash of Rs.32 Crores in their balance sheet.

Mohan Meakin Annual Report 2021-22 Mohan Meakin Financial Results FY2021-22 Fundamental Analysis by UnlistedZone- 04.07.2020 Mohan Meakin Annual Report 2020-21 Mohan Meakin Annual Report 2018-19 Mohan Meakin FY21 Results Mohan Meakin FY22 Results

Comparison With Peers:

Peer Comparison (Fig. in Crs)- as on 06.06.2022

S.No.	Name	M.Cap	Sales (FY22)	OPM (FY22)	P/E	Mcap/Sales
1	United Spirits	58,422	9,712	17%	62.5	6.02
2	United Breweries	40,347	5,838	12%	110	6.91
3	Radico Khaitan	10,480	2,868	14%	42	3.65
4	Globus Spirits	2,788	1,579	21%	15	1.77
5	Mohan Meakin	1,169	1,370	5%	22.92	0.85
6	IFB Agro Inds.	572	1,010	8%	10	0.57
7	G M Breweries	1,079	458	21%	12	2.35
8	Som Distilleries	466	363	5%	NA	1.28

Frequently Asked Questions:

Please find below the procedure for buying Mohan Meakin Limited Unlisted Shares at UnlistedZone.

1. You confirm booking of Mohan Meakin Limited Unlisted Shares with us at a trading price.
2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
3. We will provide the bank details.
4. You need to transfer funds in that account.
5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
6. Payment has to be done from the same account in which shares are to be credited.
7. We will transfer the shares in 24 hours if funds are credited before 2 pm.

Important Note: Please note that the lock-in period for selling Mohan Meakin Limited Unlisted Shares is 6 months after listing. Hence you can’t sell Mohan Meakin Limited Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date. For any queries, please contact us at sales@unlistedzone.com

Please find below the procedure for selling Mohan Meakin Limited Unlisted Shares at UnlistedZone.

1. We will confirm our buying price of Mohan Meakin Limited Unlisted Shares.
2. We will give you our client master report and you will transfer the Mohan Meakin Limited Unlisted Shares to our demat account.
3. We will ask for bank details of yours once the Mohan Meakin Limited Unlisted Shares are received in our demat account..
4. We will transfer the funds in your bank account within 24 hrs of receiving the Mohan Meakin Limited Unlisted Shares.
5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.

Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of Mohan Meakin Limited Unlisted Shares depends upon category of investors.

1. Venture Capital Funds or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of Mohan Meakin Limited Unlisted Shares.
2. AIF-II - There is no locking period.
3. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of Mohan Meakin Limited Unlisted Shares.

This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Mohan Meakin Limited Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.

1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
- a. ISIN number of Mohan Meakin Limited Unlisted Shares.
- b. Name of Mohan Meakin Limited Unlisted Shares
- c. Quantity of Mohan Meakin Limited Unlisted Shares
- d. Cosideration Amount
- e. Target DP ID and Client ID
- f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the Mohan Meakin Limited Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the Mohan Meakin Limited Unlisted Shares by filling the details similar to Ofline-DIS.

Read our article to understand more about this. https://unlistedzone.com/how-do-i-sell-my-unlisted-shares/

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Mohan Meakin Limited Unlisted Shares then minimum investment would be 35-50k.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.

If you buy Mohan Meakin Limited Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.

Check credit of Mohan Meakin Limited Unlisted Shares Instantly?

1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Demat Account = DP ID + Client ID. (16 Characters )
"DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
Example:
CDSL = 12345678(DP ID) and 91234567(Client ID).
NSDL = IN123456 (DP ID) and 78912345(Client ID).
Check in brokers application?
Credit of Mohan Meakin Limited Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The Mohan Meakin Limited Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of Mohan Meakin Limited Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."

We at UnlistedZone do the valuation based on 2 methods.

1. We check the last funding that is being done in the Mohan Meakin Limited Unlisted Shares to ascertain the benchmark valuation.
2. If there is no funding happened in the company, then we try to find a business similar to Mohan Meakin Limited Unlisted Shares in the listed space and do comparison method to ascertain the valuation.

As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their Mohan Meakin Limited Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Mohan Meakin Limited Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about Mohan Meakin Limited Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Discussion on Mohan Meakin Limited Unlisted Shares:

12 Comments

Umesh Paliwal

12:36 PM, 14 February 2022

Q3FY22 Results of Mohan Meakin Limited

https://dyvmwwyqozzzb.cloudfront.net/main/Mohan-Meakin-Q3FY22.zip

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Market Wizard

6:35 AM, 15 August 2020

Click here to know Mohan Meakin Q1FY21 Financial numbers

https://unlistedzone.com/mohan-meakin-old-monk-maker-releases-q1fy21-numbers/

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BHAVYA

5:53 PM, 21 January 2020

I want to sell my shares
I have mohan mekin 100 shares
Contact – XXXXXXXXXX

Please drop us an email at sales@unlistedzone.com

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pparekh56

7:03 AM, 28 May 2021

whats the price you are looking for

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Market Wizard

2:36 AM, 15 January 2020

IPO News of Mohan Meakin:

https://unlistedzone.com/old-monk-brand-mohan-meakin-is-looking-for-re-list-on-msei-15-01-2020/

Source: Moneycontrol

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Market Wizard

2:30 AM, 15 January 2020

Some nuggets regarding valuation of Mohan Meakin:

1. CMP in Unlisted Space = 550 per share

2. Mcap = 465 Crores.

3. Mcap/Revenue = 0.48( anything below 2 is cheap )

4. P/E = 22( taking last two years average EPS).

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Market Wizard

5:31 AM, 17 November 2019

6MFY20 Results Update- 17.11.2019

https://dyvmwwyqozzzb.cloudfront.net/main/Qtr_Financial_results_Sep_2019.pdf

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pawan

12:43 PM, 7 May 2019

unlisted shares buy call and WhatsApp on 8010009625

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Market Wizard

3:42 AM, 3 May 2019

Mohan Meakin Dec Quarter Results
https://dyvmwwyqozzzb.cloudfront.net/main/Financial_Results_Dec-2018.pdf

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Market Wizard

3:02 PM, 22 December 2018

Mohan Meakin Limited (MML) is listed on Calcutta Stock Exchange Ltd (CSE).

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Amit

3:35 PM, 2 May 2019

Any chances for public issue in near future?

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Market Wizard

3:50 AM, 3 May 2019

The Company is already listed in Kolkata Stock Exchange. However, due to the lack of trading activity, investors are unable to sell their holding. However, SEBI is trying hard to list these companies either on BSE or NSE so that investors can trade these shares.

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Mohan Meakin Limited Unlisted Shares