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G M Breweries Ltd.

BSE: 507488 Sector: Consumer
NSE: GMBREW ISIN Code: INE075D01018
BSE LIVE 15:48 | 13 Dec 886.85 77.05
(9.51%)
OPEN

816.40

HIGH

924.80

LOW

816.40

NSE 15:50 | 13 Dec 885.35 73.65
(9.07%)
OPEN

817.00

HIGH

925.00

LOW

815.95

OPEN 816.40
PREVIOUS CLOSE 809.80
VOLUME 90064
52-Week high 924.80
52-Week low 389.00
P/E 28.10
Mkt Cap.(Rs cr) 1,297
Buy Price 892.00
Buy Qty 91.00
Sell Price 0.00
Sell Qty 0.00
OPEN 816.40
CLOSE 809.80
VOLUME 90064
52-Week high 924.80
52-Week low 389.00
P/E 28.10
Mkt Cap.(Rs cr) 1,297
Buy Price 892.00
Buy Qty 91.00
Sell Price 0.00
Sell Qty 0.00

G M Breweries Ltd. (GMBREW) - Company History

G M Breweries (GMBL) was incorporated in Dec.'81 as a private limited company. It became a deemed public limited company in Aug.'90. The company was promoted by Chairman & Managing Director Jimmy Almeida. GMBL manufactures Indian-made foreign liquor. It came out with its initial public offering at a premium of Rs 5, aggregating Rs 8.44 cr, in Sep.'93 to part-finance its expansion in Indian-made foreign liquor. The company markets its products -- brandy, rum and whisky -- under brand names Pioneer Doctor Brandy, Pioneer Special Doctor Brandy, Hot Shot Rum and Reporter Choice Whisky. The company has imported oakwood barrels to mature the whisky in order to impart the liquor with the correct character, colour, strength and distinctive taste. The expansion project embarked upon by the company to increase the production facilities for IMFL products and country liquor from the present 40.50 lac ltr and 108.0 lac ltr to 121.50 lac ltr and 216 lac ltr respectively, was completed in Mar.'95. The Installed Capacity of IMFL & Country Liquor at the end of financial year 2003-04 is 1,43,00,000 BL & 3,63,00,000 BL respectively.