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.
Can we Subscribe Sula Vineyards IPO?
In our view, May be.
| Latest News Update: Sula Vineyards IPO Subscription Status Live | |
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Sula Vineyards IPO Subscription Status( Last updated on 14 Dec 2022 | 07:00:00 PM )
| Day 1 (times) | Day 2 (times) | Day 3 (times) | |
| QIB | 0.00 | 0.00 | 4.13 |
| NII | 0.18 | 0.45 | 1.51 |
| Retail | 0.48 | 0.99 | 1.65 |
| Total | 0.28 | 0.59 | 2.33 |
