Mumbai-based alco-beverage distribution company Aspri Spirits, founded by Jaikishan Sham Matai, and Arunkumar Venkat Bangalore, has filed preliminary papers with the SEBI to raise funds via initial public offering (IPO).

The company proposed to raise Rs 140 crore via fresh shares, while existing shareholders including promoters will be selling up to 50 lakh shares via offer-for-sale.

Further, it may consider raising funds up to Rs 28 crore in pre-IPO round, which is a part of fresh issue component.

Aspri Spirits claims the largest alco-beverage distributor in India with portfolio size of 323 brands including Whyte & Mackay and Dalmore (scotch whiskey), Camus (cognac), Molinari (sambuca), Beluga (vodka), Black Tower (still wine), Henkell (sparkling wine) and Amarula (liqueur).

The compa

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