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 Vineyards is established in 2003.
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.
Industry Peers
1) Radico Khaitan Limited
2) Unitied Spirits Limited
3) United Breweries Limited
Sula Vineyards IPO Promotors
1) Rajeev Samant
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 |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | Earnings per equity share (Basic) | Net asset value per Equity Share (₹) | |
| 31-Mar-22 | 758.56 | 456.7 | 52.14 | 11.45 | 55.34 |
| 31-Mar-21 | 751.6 | 421.53 | 3.01 | 0.85 | 15.44 |
| 31-Mar-20 | 831.04 | 523.21 | -15.94 | (4.60) | 9.68 |
Sula Vineyards IPO GMP & Grey Market Premium
Sula Vineyards IPO GMP Grey market premium has been started today. Check Latest Sula Vineyards IPO GMP, Kostak Rates and Subject to Sauda Price here.
Sula Vineyards IPO Prospectus
| DRHP | Download |
| RHP | Download |
Sula Vineyards IPO Reviews
Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon
Sula Vineyards IPO Form Download
Sula Vineyards IPO form available on NSE, BSE Website as well as on our Portal. Please click here to Download Sula Vineyards IPO forms.
Sula Vineyards IPO Allotment Date & Details
| Allotment Date | 19-December-2022 |
| Initiation of refunds | 20-December-2022 |
| Transfer of shares to Demat accounts | 21-December-2022 |
| Listing Date | 22-December-2022 |
| Check Allotment Status | Click here |
Registrar of Sula Vineyards IPO
KFin Technologies Limited
(Formerly known as KFin Technologies Private Limited)
Selenium, Tower B,
Plot No 31 and 32, Financial District,
Nanakramguda, Serilingampally
Hyderabad, Rangareddi 500 032,
Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.kfintech.com
Contact person: M Murali Krishna
SEBI registration No.: INR000000221
Sula Vineyards Contact Details
Sula Vineyards Limited
901, Hubtown Solaris,
N.S. Phadke Marg,
Andheri (East), Mumbai 400 069 Maharashtra
Phone: +91 22 6128 0606
Email: [email protected]
Website: https://www.sulavineyards.com/
Sula Vineyards IPO Lead Managers
Kotak Mahindra Capital Company Limited
CLSA India Private Limited
IIFL Securities Limited
FAQ Question
- When is Sula Vineyards IPO Listing Date?
Sula Vineyards IPO listing date is 22-December-2022.
- When Sula Vineyards IPO allotment?
Sula Vineyards IPO Allotment date is 19-December-2022.
- What is Sula Vineyards IPO GMP ( Grey market premium) ?
Check latest IPO GMP
- What is the lot size of Sula Vineyards IPO?
42 Shares Minimum.
- How to apply in Sula Vineyards IPO through Zerodha?
1) Log in to Console on the Zerodha website.
2) Navigate to Portfolio and choose the IPOs link.
3) Click the ‘Bid’ button in the ‘Sula Vineyards IPO’ row.
4) Fill in your UPI ID, Quantity, and Price.
5) Fill out the IPO application form and click the “ Submit ” button.
6) To approve the mandate, go to the UPI App (net banking or BHIM).
- How to check Sula Vineyards IPO Allotment?
User can check Sula Vineyards IPO Allotment on kfintech.com website.
- How to check Sula Vineyards IPO Subscription Status?
User can check Sula Vineyards IPO Subscription Status on our website.
- What is the Price band of Sula Vineyards IPO?
340-357 Rs.
- What is the Issue Size of Sula Vineyards IPO?
960.35 Crore
