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Sula Vineyards IPO IPO

Mainline12 Dec 202214 Dec 2022
Open
12 Dec 2022
Close
14 Dec 2022
3
Allotment
Listing
Thu, Dec 22, 2022
Price Band
₹340 to ₹357
Issue Size
2,69,00,530 shares (agg. up to ₹960 Cr)
Lot Size
42 Shares
Listing Date
Thu, Dec 22, 2022
Latest GMP
₹-15
Est. Gain
-4.2%
✦ AI Insight

GMP Trend

22-12-2022-15Est. ₹342-4.2%
21-12-2022-12Est. ₹345-3.36%
20-12-2022-12Est. ₹345-3.36%

Live Subscription

CategorySubscription (times)
Total1.93x

Restated Financials (₹ Cr.)

Period Ended30 Sep 202231 Mar 202230 Sep 202131 Mar 202131 Mar 2020
Assets770.95758.56717.55751.60831.04
Total Income225.76456.70160.46421.53523.21
Profit After Tax30.5152.144.533.01-15.94
NET Worth449.19395.26344.32304.74299.95
Reserves and Surplus0.000.000.00
Total Borrowing214.64228.93262.45301.26368.24
Amount in ₹ Crore

About Sula Vineyards IPO

Incorporated in 2003, Sula Vineyards Limited is the India's largest wine producer and seller as of March 31, 2022. The company also distribute wines under a bouquet of popular brands including "RASA," "Dindori", "The source," "Satori", "Madera" & "Dia" with its flagship brand "Sula" being the "category creator" of wine in India. The company's business is 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 (the "Wine Tourism Business") Currently, the company produces 56 different labels of wine at four owned and two leased production facilities located in the Indian states of Maharashtra and Karnataka. The company have managed to build the largest distribution network among wine companies in India, with close to 13,000 retail touchpoints across the country in 2021. The company also have a strong direct-to-consumer ("D2C") selling channel primarily through the Wine Tourism Business facilities in Nashik and Bengaluru. Sula Vineyards Limited had en

Contact Details

Sula Vineyards Ltd. Address901, Hubtown SolarisN.S.Phadke MargAndheri (East)Mumbai, Maharashtra, 400069+91 22 6128 0606cs@sulawines.comVisit Website