Sula Vineyards IPO Details: Sula Vineyards IPO date is fixed, the IPO is to hit the market on December 12 and will close on December 14. Sula Vineyards IPO to raise around ₹960 crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to 26,900,530 equity shares of ₹2 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Sula Vineyards Limited is India’s leading wine company, spearheading the charge of Indian wine across the world. They are the largest wine producer and seller as per March 2021 data. They distribute the wine under brands like “RASA,” “Dindori“, “The source,” “Satori“, “Madera” & “Dia“. Their flagship brand is “Sula” being the “category creator” of wine in India.
The company has operations in 22 states and 3 union territories. They are also selling in around 35 countries. They have six manufacturing facilities with four facilities located in Bikaner (Rajasthan), one in Guwahati (Assam), and one facility in Tumakuru (Karnataka) held through our subsidiary Petunt Food Processors Private Limited to cater to the southern markets in India. They have 2 contract manufacturing units in Kolkata (West Bengal) and Mumbai. Check out Sula Vineyards IPO details.
Important Details
- One of the leading Wine Producer in India.
- Having good network of distributors and sellers.
- Few of the brands of the company are “RASA,” “Dindori”, “The source,” “Satori”, “Madera” “Sula” & “Dia”.
- Sula Vineyards raises Rs 288.10 crore via anchor book ahead of IPO
Sula Vineyards IPO Review (Apply or Not)
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Brokerage Firm IPO Review
- Anand Rathi: May Apply
- Canara Bank: Apply
- Capital Market: May Apply
- Choice Equity: Apply
Sula Vineyards IPO Date & Price Band Details
IPO Open: | December 12, 2022 |
IPO Close: | December 14, 2022 |
IPO Size: | Approx ₹960 Crores |
Fresh Issue: | Approx ₹[.] Crores |
Offer for Sale: | Approx 26,900,530 shares |
Face Value: | ₹2 Per Equity Share |
IPO Price Band: | ₹340 to ₹357 Per Share |
IPO Listing on: | BSE & NSE |
Retail Quota: | 35% |
QIB Quota: | 50% |
NII Quota: | 15% |
Discount: | N/A |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Sula Vineyards IPO Market Lot
The Sula Vineyards IPO minimum market lot is 42 shares with ₹14,994 application amount. The retail investors can apply up-to 13 lots with 546 shares or ₹194,922 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 42 | ₹14,994 |
Retail Maximum | 13 | 546 | ₹194,922 |
S-HNI Minimum | 14 | 588 | ₹209,916 |
B-HNI Minimum | 68 | 2856 | ₹10,19,592 |
Sula Vineyards IPO Allotment & Listing Dates
The Sula Vineyards IPO date is December 12 and the close date is December 14. The Sula Vineyards IPO allotment will be finalized on December 19 and the IPO listing on December 22.
Price Band Announcement: | December 7, 2022 |
Anchor Investors Allotment: | December 9, 2022 |
IPO Open Date: | December 12, 2022 |
IPO Close Date: | December 14, 2022 |
Basis of Allotment: | December 19, 2022 |
Refunds: | December 20, 2022 |
Credit to Demat Account: | December 21, 2022 |
Sula Vineyards IPO Listing Date: | December 22, 2022 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Sula Vineyards IPO Form
How to apply for the Sula Vineyards IPO? You can apply for Sula Vineyards IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sula Vineyards IPO in the Invest section. The other option is you can apply for Sula Vineyards IPO via IPO forms downloaded via NSE and BSE. Check out the Sula Vineyards forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Sula Vineyards Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2020 | ₹532 | ₹473 | ₹15.94 |
2021 | ₹422 | ₹357 | ₹3.01 |
2022 | ₹457 | ₹341 | ₹52.14 |
Sula Vineyards IPO Valuation – FY2022
Check Sula Vineyards IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹6.53 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 11.45% |
Net Asset Value (NAV): | ₹55.34 per Equity Share |
Peer Group
- Unitied Spirits Limited
- Radico Khaitan Limited
- United BreweriesLimited
Company Promoters
- Rajeev Samant
Sula Vineyards IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
Sula Vineyards IPO Allotment Status Check
Check Sula Vineyards IPO allotment status on KFintech website allotment URL. Click Here
Sula Vineyards IPO Lead Managers
- Kotak Mahindra Capital Company Limited
- CLSA India Private Limited
- IIFL Securities Ltd
Company Address
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/
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Note: The Sula Vineyards IPO price band and date are officially announced. The IPO grey market premium (Sula Vineyards IPO Premium) will be added to the IPO grey market page as it will start).
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One Response
The RHP filed and we will have dates soon in December 2022