(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.
Total Available Shares: | 100 |
Face Value: | ₹ 5 Per Equity Share |
ISIN: | INE136D01018 |
Lot Size: | 50 Shares |
Current Unlisted Share Price: | ₹ 1375 Per Equity Share |
Particulars | 2019 | 2020 | 2021 |
Share Capital | 425.42 | 425.42 | 425.42 |
Reserves | 8,791 | 11,356 | 15,413 |
Borrowings | 1,185 | 860 | 90 |
Other Liabilities | 12,609 | 12,851 | 13,071 |
Total Liabilities | 23,011 | 25,493 | 28999 |
Fixed Assets | 4,648 | 5,237 | 5842 |
CWIP | 827 | 896 | 730 |
Investments | 249 | 217 | 240 |
Other Assets | 17,286 | 19,142 | 22187 |
Total Assets | 23,011 | 25,493 | 28999 |
Particulars | 2019 | 2020 | 2021 |
Sales | 94,794 | 1,02,093 | 1,09,901 |
COGS | 10,176 | 12,194 | 12,496 |
Expenses | 90,408 | 98,567 | 1,05,074 |
Operating Profit | 5,687 | 4,953 | 5,926 |
OPM | 6.00% | 4.85% | 5.39% |
Other Income | 619 | 683 | 286 |
Interest | 297 | 267 | 291 |
Depreciation | 385 | 475 | 522 |
Profit before Tax | 4,953 | 4,209 | 5,113 |
Tax | 33.07% | 37.27% | 33.33% |
Net Profit | 3,315 | 2,640 | 4,030 |
EPS | 38 | 31 | 47 |
Dividend Payout | - | - | - |
Particulars | 2019 | 2020 | 2021 |
Cash flow from Operating Activity | 4,936 | 1,482 | 2970 |
Cash flow from Investing Activity | -2,341 | -875 | -864 |
Cash flow from Financing Activity | -2,042 | -526 | -919 |
Net Cash Flow | 551 | 79 | 1187 |
Free Cash Flow | 2,520 | 479 | 1896 |
S.No. | Name | M.Cap | Sales (FY21) | OPM (FY21) | P/E | Mcap/Sales |
1 | United Spirits | 48000 | 8100 | 13% | 125 | 5.93 |
2 | United Breweries | 38000 | 4200 | 8% | 326 | 9.05 |
3 | Radico Khaitan | 10000 | 2400 | 17% | 36 | 4.17 |
4 | Globus Spirits | 2100 | 1200 | 21% | 15 | 1.75 |
5 | Mohan Meakin | 935 | 1100 | 5.40% | 23.40 | 0.85 |
6 | IFB Agro Inds. | 550 | 694 | 8% | 11 | 0.79 |
7 | G M Breweries | 1100 | 340 | 22% | 15 | 3.24 |
8 | Som Distilleries | 300 | 288 | -3% | NA | 1.04 |
Particulars (In Crore) | Quarter Ending | Nine Months Ended | Year Ended | |||
Dec-21 | Sep-21 | Dec-20 | Dec-20 | Dec-21 | Mar-21 | |
Income | ||||||
Operating Revenue | 544 | 250 | 491 | 935 | 793 | 1,099 |
Other Income | 1 | 1 | 1 | 5 | 2 | 3 |
Total Income | 545 | 251 | 492 | 940 | 795 | 1,102 |
Expenditure | ||||||
Cost of Materials Consumed | 60 | 29 | 55 | 110 | 92 | 125 |
Excise Duty | 172 | 40 | 185 | 248 | 255 | 337 |
Purchases of Stock-In-Trade | 233 | 146 | 174 | 439 | 319 | 457 |
Changes in Inventories | 2 | -8 | 1 | -9 | -3 | -3 |
Employee Benefit Expense | 9 | 9 | 8 | 26 | 23 | 33 |
Other Expenses | 36 | 21 | 38 | 72 | 63 | 93 |
Operating Profit | 32 | 13 | 30 | 49 | 44 | 57 |
OPM | 5.88% | 5.20% | 6.11% | 5.24% | 5.55% | 5.19% |
Depreciation & Amortisation Exp | 2 | 1 | 1 | 4 | 4 | 5 |
Finance Cost | 0.49 | 0.28 | 0.88 | 1.12 | 2.16 | 2.91 |
Total Expenditure | 514 | 239 | 463 | 890 | 754 | 1,051 |
Profit Before Tax | 30 | 12 | 31 | 49 | 44 | 54 |
Tax Expenses | 8 | 3 | 8 | 13 | 11 | 14 |
Profit After Tax | 23 | 9 | 24 | 37 | 33 | 40 |
NPM | 4.23% | 3.60% | 4.89% | 3.96% | 4.16% | 3.64% |
EPS | 26.51 | 10.52 | 27.70 | 43.33 | 39.05 | 47.38 |
Please find below the procedure for buying Mohan Meakin Limited Unlisted Shares at UnlistedZone.
Please find below the procedure for selling Mohan Meakin Limited Unlisted Shares at UnlistedZone.
Lock-in period of Mohan Meakin Limited Unlisted Shares depends upon category of investors.
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.
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.
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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.
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We at UnlistedZone do the valuation based on 2 methods.
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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.
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Umesh Paliwal
Q3FY22 Results of Mohan Meakin Limited
https://dyvmwwyqozzzb.cloudfront.net/main/Mohan-Meakin-Q3FY22.zip
Market Wizard
Click here to know Mohan Meakin Q1FY21 Financial numbers
https://unlistedzone.com/mohan-meakin-old-monk-maker-releases-q1fy21-numbers/
BHAVYA
I want to sell my shares
I have mohan mekin 100 shares
Contact – XXXXXXXXXX
Please drop us an email at sales@unlistedzone.com
pparekh56
whats the price you are looking for
Market Wizard
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
Market Wizard
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).
Market Wizard
6MFY20 Results Update- 17.11.2019
https://dyvmwwyqozzzb.cloudfront.net/main/Qtr_Financial_results_Sep_2019.pdf
pawan
unlisted shares buy call and WhatsApp on 8010009625
Market Wizard
Mohan Meakin Dec Quarter Results
https://dyvmwwyqozzzb.cloudfront.net/main/Financial_Results_Dec-2018.pdf
Market Wizard
Mohan Meakin Limited (MML) is listed on Calcutta Stock Exchange Ltd (CSE).
Amit
Any chances for public issue in near future?
Market Wizard
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.