The Sula Vineyards IPO has begun on 12-Dec-2022. It will close on 14-Dec-2022. The Total IPO Size is 960.35 Crore. The company set its IPO price is 340-357 Rs Per Share. Basically, there are three basic categories in Sula Vineyards IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs).
Sula Vineyardsis India’s largest wine producer and seller. They have been a consistent market leader in the Indian wine industry in terms of sales volume and value. The business can be broadly classified under two categories (i) the production of wine, the import of wines and spirits, and the distribution of wines and spirits (the “Wine Business”); and (ii) the sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms.
They distribute wines under the flagship brand “Sula,” popular brands include “RASA,” “Dindori”, “The source,” “Satori”, “Madera” & “Dia” with its flagship brand “Sula” being the “category creator” of wine in India.
They produce 56 different labels of wine at four owned and two leased production facilities located in the Indian states of Maharashtra and Karnataka.
They export products to more than 25 countries in Latin America, East African Countries, Middle East and Far East Asia.
Can we Subscribe Sula Vineyards IPO?
May be.
What is Sula Vineyards IPO GMP Today?
The Sula Vineyards IPO GMP Grey market premium is -10 Rs.
What is Sula Vineyards IPO Kostak Rates Today?
The Sula Vineyards IPO kostak rate is 0 Rs.
What is Sula Vineyards IPO Subject to Sauda Price Today?
The Sula Vineyards IPO subject to sauda rates is 0 Rs.
Sula Vineyards IPO Expected Returns?
The Sula Vineyards IPO expected return is -2.80%.
Sula Vineyards IPO GMP Rates day by day.
| Date | GMP |
| 20 Dec | -10 Rs |
| 19 Dec | -10 Rs |
| 18 Dec | -8 Rs |
| 17 Dec | -8 Rs |
| 16 Dec | -8 Rs |
| 15 Dec | -7 Rs |
| 14 Dec | -1 Rs |
| 13 Dec | 2 Rs |
| 12 Dec | 24 Rs |
| 09 Dec | 35 Rs |
| 08 Dec | 28 Rs |
| 07 Dec | 70 Rs |
| 06 Dec | 65 Rs |
| 05 Dec | 65 Rs |
Sula Vineyards IPO Date, Details & Price Band
| IPO Opening Dates | 12-Dec-2022 |
| IPO Closing Dates | 14-Dec-2022 |
| Price Band | 340-357 Rs |
| Offer For Sale | 960.35 Crore ( 25,546,186 shares ) |
| Fresh issue | NIL |
| Total IPO size | 960.35 Crore ( 25,546,186 shares ) |
| Minimum bid (lot size) | 42 Shares |
| Face Value | 2 INR Per Share |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Sula Vineyards IPO Market Lot
The Sula Vineyards IPO minimum market lot is 42 shares With 14,994 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 42 | 14,994 Rs |
| Retail Maximum | 13 | 546 | 1,94,922 Rs |
| S-HNI Minimum | 14 | 588 | 2,09,916 Rs |
| Retail Maximum | 68 | 3,740 | 10,19,592 Rs |
Sula Vineyards IPO GMP FAQ Question
- What is Sula Vineyards IPO GMP Today?
The Sula Vineyards IPO GMP Grey market premium is -10 Rs.
- What is Sula Vineyards IPO Kostak Rates Today?
The Sula Vineyards IPO Kostak Rates is 0 Rs.
- What is Sula Vineyards IPO Subject to Sauda Price Today?
The Sula Vineyards IPO subject to sauda rates is 0 Rs.
- Sula Vineyards IPO Expected Returns?
The Sula Vineyards IPO expected return is -2.80%.
