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G M Breweries Ltd.

BSE: 507488 Sector: Consumer
NSE: GMBREW ISIN Code: INE075D01018
BSE 00:00 | 18 Sep 395.80 -4.00
(-1.00%)
OPEN

399.00

HIGH

402.25

LOW

394.10

NSE 00:00 | 18 Sep 395.10 -4.80
(-1.20%)
OPEN

396.15

HIGH

403.00

LOW

393.55

OPEN 399.00
PREVIOUS CLOSE 399.80
VOLUME 398
52-Week high 470.00
52-Week low 220.00
P/E 13.39
Mkt Cap.(Rs cr) 724
Buy Price 390.15
Buy Qty 1.00
Sell Price 408.00
Sell Qty 50.00
OPEN 399.00
CLOSE 399.80
VOLUME 398
52-Week high 470.00
52-Week low 220.00
P/E 13.39
Mkt Cap.(Rs cr) 724
Buy Price 390.15
Buy Qty 1.00
Sell Price 408.00
Sell Qty 50.00

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.