Sula Vineyards IPO – Established in 2003, Nashik based Sula Vineyards Ltd is the largest wine producer and seller in India.
List of Topic Covered
Key Features of Sula Vineyards IPO
- Sula Vineyards IPO will open on Dec 12, 2022
- You can apply in this IPO from Dec 12, 2022 to Dec 14, 2022.
- Issue Price band of the company is ₹340 to ₹357 per equity share.
- Sula Vineyards IPO comprises only an offer for sale of approx 2,69,00,530 shares of ₹2 (worth ₹960.35 Crores) .
- It has a minimum 42 shares in one lot and you have to spend a minimum of ₹14,994 for 1 lot.
- Sula Vineyards Ltd is looking to raise ₹960.35 Crores through this IPO.
What is Sula Vineyards Limited
- The company produces 56 different labels of wine at their 6 production facilities located in Maharashtra and Karnataka.
- Sula Vineyards distributes wines with the brand names, Sula, RASA, Dindori, The Source, Satori, Madera and Dia.
- The distribution platform of the company included over 47 distributors, 10 corporations, 23 licensed resellers, 7 company depots, 4 defence units and over 23,000 points of sales.x
- Mr. Rajeev Samant is the MD and CEO of Sula Vineyards Limited.
- Company was in loss in 2020 but it’s profitable for the last two years. Good sign for investors.
Sula Vineyards IPO GMP
Grey market is an unregulated market to trade IPO shares before listing. Sula Vineyards IPO price band is placed at ₹340 to ₹357 , but the grey market premium of this share is currently 9.52% i.e. at ₹34. So the share price of Sula Vineyards IPO in the grey market is ₹391 (₹357 + ₹34) .
Click here to Get Details IPO Grey Market Premium (GMP) Live
Sula Vineyards IPO Live Subscription Status
Sula Vineyards subscribed 2.33 times on it’s final day i.e. on December 14, 2022
Click here to Get Details IPO Subscription Status Live
Sula Vineyards IPO Date, Lot Size, Allotment
Sula Vineyards IPO Details
| IPO Start Date | December 12, 2022 |
| IPO Close Date | December 14, 2022 |
| Fresh Equity Share Issue | – |
| Offer for Sale | 2,69,00,530 shares of ₹2 (₹960.35 Crores) |
| Face Value | ₹2 Per Equity Share |
| Price Band | ₹340 – ₹357 Per Equity Share |
| Retail Quota Share | 35% |
| QIB Quota | 50% |
| NII (HNI) Quota | 15% |
| Listing on | NSE & BSE |
| Employee Discount | – |
| DRHP | View |
Sula Vineyards IPO Timetable
| IPO Start Date | December 12, 2022 |
| IPO Close Date | December 14, 2022 |
| Basis of Share Allotment Date | December 19, 2022 |
| Refunds Date | December 20, 2022 |
| Credit of shares to Demat Account Date | December 21, 2022 |
| Keystone Realtors IPO Listing Date | December 22, 2022 |
Sula Vineyards IPO Lot Size
| Application | Lot | Shares | Amount |
| Retail (Minimum) | 1 | 42 | ₹ 14,994 |
| Retail (Maximum) | 13 | 546 | ₹ 1,94,922 |
| S – HNI (Minimum) | 14 | 588 | ₹2,09,916 |
| B – HNI (Minimum) | 67 | 2,814 | ₹10,04,598 |
Sula Vineyards Ltd Financial Report (2020-2022)
| Year | Revenue | Expense | PAT (Profit / Loss After Tax) |
| 2022 | ₹457 | ₹341 | ₹52.14 |
| 2021 | ₹422 | ₹357 | ₹3.01 |
| 2020 | ₹532 | ₹473 | – ₹15.94 |
Sula Vineyards IPO – Basis of Allotment
- 50% quota is reserved for the QIB category.
- 15% quota is reserved for NII Category and
- 35% quota is reserved for retail investors.
How to Apply in Sula Vineyards IPO ?
- You can apply for the Sula Vineyards IPO through the ASBA facility available in your bank account.
- Just login to your online banking. Go to the IPO section and apply for Sula Vineyards IPO.
- Also you can apply in this IPO through your trading account.
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the Sula Vineyards IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see Sula Vineyards IPO
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the Sula Vineyards IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name Sula Vineyards IPO.
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
Sula Vineyards IPO Allotment Status
You can check Sula Vineyards IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in Sula Vineyards IPO
Sula Vineyards IPO Promoters
- Mr. Rajeev Samant
Sula Vineyards IPO Lead Managers
- Kotak Mahindra Capital Company Limited
- CLSA India Private Limited
- IIFL Securities Ltd
Sula Vineyards Contact Information
Sula Vineyards Limited
901, Hubtown Solaris,
N.S. Phadke Marg,
Andheri (East), Mumbai 400 069 Maharashtra
- Phone: +91-22-6128 0606
- Email: cs@sulawines.com
- Website: https://www.sulavineyards.com/
Sula Vineyards IPO Registrar Contact Information
Sula Vineyards IPO Registrar
- Phone: 04067162222, 04079611000
- Email: einward.ris@kfintech.com
- Website: https://karisma.kfintech.com/
Paisa kaudi recommendation on Sula Vineyards IPO
Sula Vineyards Ltd is the largest wine producer and seller in India. Price range is convincing. Grey market premium is at ₹34. You can invest in this IPO for 5% of listing gains as well as for long term gains.
Keep checking the GMP for more clear picture. Stay alert as markets are volatile now a days.
Sula Vineyards IPO FAQs
It is the main-board IPO which will be listed on NSE & BSE. They are going to raise ₹960.35 Crores through this IPO. One lot has minimum 42 shares and you have to spend a minimum ₹14,994 for 1 lot.
Sula Vineyards IPO price band is ₹340 to ₹357.
One lot has minimum 42 shares and you have to spend a minimum ₹14,994 for 1 lot. Maximum lot is 13 and you have to spent ₹1,94,922.
35% quota is reserved for retail investors. 15% quota is reserved for NII Category and 50% quota is reserved for the QIB category.
Sula Vineyards IPO will open on December 12, 2022.
Basis of Allotment for Sula Vineyards IPO will happen on December 19, 2022 and allotted shares will be deposited in your demat account on December 21, 2022.
Shares of Sula Vineyards IPO will list in the market on December 22, 2022.
This covers all the points on Sula Vineyards IPO. Please write in the comment box if you need any further information on this.
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Sula Vineyards IPO Infographic
