Jagatjit Industries will use the proceeds to build the brand appeal of the company's liquor portfolio
Three hundred scores and ten miles away from Scotland, JIL has created a perfect atmosphere for making the magical spirit. Jagatjit Industries Limited, one of the largest IMFL players in the country was set up in the year 1944, in the erstwhile State of Kapurthala.The company manufactures the entire range of alcoholic beverages i.e. Whisky, Rum, Gin and Vodka. The promise of JIL is to provide superior brands to the customers at an affordable price. It also manufactures and markets alcoholic beverages, malt, malt extract, malted milk foods, milk powder, ghee and glass. Ranked as the third largest IMFL (Indian Made Foreign Liquor) producer in the country, JIL's main focus of business lies in the manufacture, distribution and sale of IMFL.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jan 11, 2018 | Post-IPO Debt | ₹2.65B | 1 | Indiabulls Commercial Credit Ltd. | — | Detail |
Jun 7, 2016 | Post-IPO Equity | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Indiabulls Commercial Credit Ltd. | Yes | Post-IPO Debt |
Kohlberg Kravis Roberts | — | Post-IPO Equity |