Alcobrew Distilleries, an emerging player in India’s alcoholic beverages sector, has filed draft papers to raise ₹258 crore through an initial public offering (IPO). The capital will be utilized to expand production capacity, modernize manufacturing facilities, and reduce existing debt. With growing demand for premium spirits and craft beverages in domestic and international markets, Alcobrew aims to leverage this IPO to strengthen its market presence and fuel strategic growth.